Legal & Regulatory Specialist

P1FCU•Lewiston, ID

About The Position

The Legal & Regulatory Specialist is responsible for supporting the Credit Union’s legal and regulatory functions by handling sensitive and complex matters involving legal documentation, regulatory compliance, and law enforcement inquiries. This role ensures timely, accurate, and compliant handling of legal requests, while safeguarding the credit union’s interests and adhering to all applicable laws, policies, and procedures. The Legal & Regulatory Specialist serves as a key liaison between the credit union, legal counsel, regulatory agencies, and law enforcement.

Requirements

Three years to five years of similar or related experience.
A college degree, professional certificate, or a post graduate degree.
Work frequently involves contacts requiring considerable discussion of problems, material presentations, and resolving issues impacting multiple departments or branches. The ability to motivate or influence others is a material part of the job, requiring a significant level of professional diplomacy, trust and relationship. Obtaining cooperation and agreement (internally and/or externally) is an important part of the job and a expert level of interpersonal and written communication skills are critical to the success of this position.
Experience handling sensitive and confidential information with a high degree of discretion and professionalism.
Strong analytical and critical thinking skills, with the ability to interpret legal documents and assess risk.
Excellent written and verbal communication skills, with the ability to interact effectively with legal counsel, law enforcement, regulatory agencies, and internal departments.
Strong attention to detail and organizational skills, with the ability to manage multiple priorities and meet deadlines in a fast-paced environment.
Proficiency in Microsoft Office Suite and the ability to learn and navigate internal systems.
Ability to work independently, exercise sound judgment, and make decisions within P1FCU's established policies and procedures.

Responsibilities

Reviews and responds to legal requests, including subpoenas, search warrants, summonses, and garnishments, ensuring accuracy and compliance with applicable laws and P1FCU policies.
Responsible for drafting miscellaneous legal documents under the direction of the Legal & Regulatory Manager and the Legal & Regulatory Assistant Manager.
Review legal documents such as powers of attorney, trust agreements, conservator/guardian documents, and other relevant legal documents.
Investigate and manage elder abuse cases, including identifying potential elder financial exploitation and filing appropriate reports in accordance with regulatory obligations.
Collaborate with external legal counsel on sensitive and complex matters impacting the credit union.
Review, research, and respond to regulatory complaints.
Handle and support other sensitive legal and regulatory matters as they arise, exercising sound judgment and discretion.
Maintain strict adherence to all credit union policies, procedures, and applicable regulations, maintaining consistency and compliance.
Ensures files are maintained in good order.
Documents all work performed on each case in a clear, organized manner.
Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.
Perform other duties as assigned and escalate matters to Executive Management as necessary.