Credit Union Risk Management Analyst

University of Southern California•Los Angeles, CA

About The Position

USC Credit Union is seeking a Risk Management Analyst to join our team in a part-time role. This role reports to the Chief Financial Officer and involves key compliance responsibilities, including revising policies and procedures, disseminating information, and tracking staff compliance training. The analyst will also assist the Compliance Officer with BSA/AML, OFAC, the USA Patriot Act, fraud prevention, internal control reviews, and compliance risk assessments. Attention to detail is essential for reviewing data to identify and address any concerns. Performs various compliance administrative duties. Assists in revising policies and procedures. Disseminates information to management and staff. Tracks and monitors staff compliance trainings. Gathers data and compiles various audit reports. Conducts analysis of information pertaining to various compliance-related functions and regulations, as directed. Prepares and presents a summary of findings for review. Assists with maintaining the credit union’s compliance reference library. Researches, compiles, and updates reference materials, as necessary. Ensures materials are updated when regulations are revised. Assists in activities related to the Bank Secrecy Act (BSA)/anti-money laundering (AML), Office of Foreign Assets Control (OFAC), USA Patriot Act, as well as fraud prevention, detection, and investigation. Assists with internal control reviews and compliance risk assessments. Reviews data to ensure there are no concerns. Follows up with appropriate department as necessary. Submit reports to governing agency as appropriate. Supports the credit union’s escheat program. Ensures timely annual filing and maintaining compliance with state unclaimed property laws. Gathers and fulfills requests from auditors and examiners in preparation of audits and examinations. Assists with quality control audits. Documents audit findings. Works with department managers to address and/or resolve audit findings. Follows up with appropriate department to ensure resolution in a timely manner. Performs due diligence processes and assists with the preparation of audit reports. Assists fraud investigators with identifying potentially fraudulent activity and emerging threats and placing appropriate account restrictions to minimize loss to the credit union. Maintains appropriate documentation related to investigations. Completes special projects as assigned.

Requirements

Bachelor’s degree
Five years’ experience in sales, retail, or financial institutions (operating in a sales-driven environment)
Comfortable in a competitive, high volume and fast-paced environment
Ability to consistently meet or exceed established performance goals in a financial services environment
Flexibility with scheduling that may include occasional Saturday hours and weekday afternoon/evening hours
A high sense of urgency, attention to detail, initiative, and integrity
Exceptional interpersonal, customer service and communication skill
Minimum Education: High school or equivalent Related undergraduate study
Minimum Experience: 1 year
Combined experience/education as substitute for minimum work experience
Prior banking experience
High level of interpersonal skills to conduct productive communication and effectively present oral and written communications
Ability to read, analyze, and interpret compliance regulations
Proficient in Microsoft Office Suite

Nice To Haves

Knowledge of the Bank Secrecy Act, OFAC, the US Patriot Act and other relevant regulations

Responsibilities

Revising policies and procedures
Disseminating information to management and staff
Tracking and monitoring staff compliance trainings
Gathers data and compiles various audit reports
Conducts analysis of information pertaining to various compliance-related functions and regulations, as directed
Prepares and presents a summary of findings for review
Assists with maintaining the credit union’s compliance reference library
Researches, compiles, and updates reference materials, as necessary
Ensures materials are updated when regulations are revised
Assists in activities related to the Bank Secrecy Act (BSA)/anti-money laundering (AML), Office of Foreign Assets Control (OFAC), USA Patriot Act, as well as fraud prevention, detection, and investigation
Assists with internal control reviews and compliance risk assessments
Reviews data to ensure there are no concerns
Follows up with appropriate department as necessary
Submit reports to governing agency as appropriate
Supports the credit union’s escheat program
Ensures timely annual filing and maintaining compliance with state unclaimed property laws
Gathers and fulfills requests from auditors and examiners in preparation of audits and examinations
Assists with quality control audits
Documents audit findings
Works with department managers to address and/or resolve audit findings
Follows up with appropriate department to ensure resolution in a timely manner
Performs due diligence processes and assists with the preparation of audit reports
Assists fraud investigators with identifying potentially fraudulent activity and emerging threats and placing appropriate account restrictions to minimize loss to the credit union
Maintains appropriate documentation related to investigations
Completes special projects as assigned

Benefits

Medical through USC Network, Blue Cross, and Kaiser
Dental
Vision
Dependent Care and Health Care Flexible Spending Accounts (FSAs)
Retirement with up to 10% employer contributions
Tuition reimbursement
Paid Time Off (PTO) including, up to 24 vacation days (based on tenure), 12 sick days, 9 paid holidays, 1 paid personal day, 4 paid winter recess days, paid bereavement, and paid jury duty
Life and voluntary insurance benefits
WorkWell Center that provides programs, resources, and services to benefits-eligible staff and their dependents, that help them thrive in all areas of work-life wellness
Other generous perks and discounts