Regulatory Compliance Analyst

SECU • Raleigh, NC

3d • Hybrid

About The Position

The Regulatory Compliance Analyst works on the Regulatory Compliance team within Risk Management and helps ensure the Credit Union complies with applicable laws and regulations. The role supports assessment of compliance risks and controls by performing compliance-related testing and monitoring. It also contributes to the annual Compliance Risk Assessment, compliance training review and recordkeeping, and tracking and reporting departmental performance and compliance risk indicators.

Requirements

• Associate degree in any field, or an additional two years of relevant experience in lieu of a degree.
• Experience working in a highly regulated industry, preferably a credit union or financial institution.
• Exceptional written and verbal communication skills and great attention to detail.
• Ability to work independently and collaboratively in a team setting.
• Ability to remain flexible and adapt to changing departmental demands.

Nice To Haves

• Bachelor’s degree in any field.
• Compliance certification such as the ACU Credit Union Compliance Officer (CUCO) designation and/or the ACU Certified Credit Union HR Compliance Professional (CHRCP) designation, or willingness to earn one within a reasonable time period.
• Knowledge of state and federal laws and regulations affecting state-chartered, federally insured credit unions, banks, and other financial institutions, especially regulations from the National Credit Union Administration and Consumer Financial Protection Bureau, including TILA, RESPA, HMDA, FCRA, FDCPA, SCRA, SAFE Act, ECOA, TISA, Regulation CC, EFTA, ESIGN, and UDAAP.
• Knowledge of federal employment laws, including ERISA, FMLA, FLSA, and the ADA.
• Proficiency with Microsoft Office Suite.

Responsibilities

• Assist with proactive testing of first-line business functions, including Loan Administration, Deposits & Operations, Card Services, and Human Resources, to assess regulatory compliance and identify gaps that present risk.
• Review monitoring performed by first-line compliance teams and escalate issues to management as needed.
• Assist with the annual update of the Compliance Risk Assessment, accounting for inherent risks and mitigating controls to determine overall risk.
• Support the Compliance Counsel team in reviewing compliance training materials to ensure they include current regulatory requirements and internal processes.
• Coordinate recordkeeping of compliance training for the Regulatory Compliance department.
• Participate in continuing education to stay current on regulatory changes and prepare for compliance reviews.
• Help document and analyze departmental performance indicators and Credit Union compliance risk indicators.
• Track key compliance indicators from first-line compliance teams.
• Track and report items identified through the issues management lifecycle.

What This Job Offers

• Job Type: Full-time
• Education Level: Associate degree