Senior Compliance Analyst

PSECU•Harrisburg, PA

1d•Hybrid

About The Position

Senior Compliance Analysts are responsible for the credit union’s overall compliance with applicable rules, regulations, laws, and statutory requirements through an effective Compliance Management System. They assist management and the Board of Directors by conducting compliance assessments, analyses, and risk assessments, and by providing recommendations, advice, and clarification on compliance issues. The work emphasizes streamlining, cost effectiveness, safety and soundness, and internal controls. Assignments are performed under deadlines and range from leading compliance assessments to interpreting and implementing complex regulations. The role researches and interprets regulatory matters, supports examinations and audits, and develops reports, analyses, and guidance for the Board, Senior Management, and business units. It contributes compliance guidance to product development, builds working relationships with business units, monitors regulatory changes, and plans and executes compliance reviews and self-assessments. The analyst also creates or assists with staff training and maintains professional certifications through continuing education. The position is hybrid, with a minimum onsite expectation of 40% or as needed, and is scheduled Monday through Friday, 8:00 a.m. to 4:00 p.m.

Requirements

Bachelor’s degree in Business Administration/Management is required.
A bachelor’s degree is required.
At least three years of experience in compliance or a related field, or an equivalent combination of experience and education.
Proficient knowledge of compliance laws, rules, and regulations affecting financial institutions.
Proficient investigative and interpretative skills.
Familiarity with credit union policies and procedures related to shares, loans, member services, general office procedures, and credit union goals and objectives.
Ability to recognize deviations from applicable procedures, policies, and goals.
Ability to plan and organize work to meet deadlines and handle multiple assignments simultaneously.
Professional proficiency, ethics, and due care.

Nice To Haves

Certified Regulatory Compliance Manager (CRCM) certification from the American Bankers Association (ABA).

Responsibilities

Facilitate compliance examinations with examiners and internal and external auditors.
Assist in mentoring compliance staff on effective research, compliance reviews, and analyses.
Independently research and analyze regulatory matters, identify deviations from requirements, and provide objective conclusions on the adequacy and effectiveness of compliance.
Ensure report conclusions and recommendations are well supported.
Develop reports, analyses, and guidance materials for the Board, Senior Management, and business units.
Participate in new product development and advise on compliance concerns affecting proposed and current products and services, including electronic delivery services.
Cultivate working relationships with business units and collaborate on compliance matters involving current, new, and emerging laws, regulations, policies, and procedures.
Participate in projects supporting credit union strategic and business unit objectives, including work on substantial, time-sensitive, high-profile compliance issues across business units and lines of defense.
Monitor and analyze regulatory trends and changes, and advise the Supervisor of their operational impact.
Review proposed policy and procedure changes and provide compliance recommendations to the Supervisor.
Create, plan, and execute compliance reviews and self-assessments in accordance with established standards and practices.
Report compliance technical exceptions to Senior Management and the Board.
Review forms, disclosures, contracts, agreements, advertising, and marketing materials for compliance.
Review policies for compliance requirements requiring periodic Board or Senior Management review and approval.
Create, conduct, or assist with compliance training for staff on applicable laws, regulations, related policies and procedures, and employee responsibilities.
Maintain professional certifications by participating in nationally established continuing professional education requirements.
Participate in interviewing and selecting qualified individuals to perform compliance activities as needed.
Plan and organize work to meet deadlines and manage multiple assignments simultaneously.
Maintain professional proficiency, ethics, and due care in assigned duties.
Perform other duties as assigned.