Senior Compliance Officer

Financial Plus Credit Union•Flint, MI

1d•$80,000 - $95,000•Onsite

About The Position

As a member of the compliance team, the Compliance Officer plays an instrumental part in the Credit Union’s overall compliance with applicable rules, regulations, and statutory requirements. This position will be assisting with the Credit Union’s compliance efforts, monitoring changes in laws, regulations and examination trends, conducting compliance reviews, and assisting in revision and implementation of policies and procedures. The Compliance Officer ensures the Credit Union complies with all federal and state laws and regulations including, but not limited to, the Bank Secrecy Act, Patriot Act, and Office of Foreign Asset Controls. Provides quality, professional service to external and internal members, and answers inquiries pertaining to the Credit Union's policies and procedures.

Requirements

Bachelor’s Degree in related field preferred.
Three or more years of compliance or legal experience at a financial institution.
Strong analytical skills with the ability to make sound decisions.
Ability to manage time and workload independently through good organizational skills.
Strong attention to detail and accuracy.
Ability to adhere to internal policies as well as external policies and regulations set forth by the NCUA.
Self-motivation with the ability to effectively prioritize work.
Ability to learn new tasks and processes quickly and efficiently.
Excellent written and oral communication skills required.
Proficiency in Microsoft Software.
This position requires an understanding in basic computer skills including m365 suites.
Presents a positive and professional image to members through effective and courteous verbal and written communications
Courtesy, tact, and diplomacy are essential elements of the job. Work involves much personal contact with others inside and/or outside the organization for purposes of giving or obtaining information, building relationships, or soliciting cooperation
Ability to apply logical thinking to define problems, collect data, establish facts, and draw conclusions
Ability to be mindfully flexible and willing to go with the flow
Ability to deal with difficult concepts and complex variables
Possess good interpersonal and verbal skills necessary to relate to and empathize with members, potential members and staff while maintaining a friendly, cheerful, and courteous demeanor throughout the workday. Maintain a positive attitude toward the members, employees, and the Credit Union.
Possess ability to effectively compose professional documents and review documents for grammatical errors.
Possess critical thinking and problem-solving skills to resolve issues and develop and improve Credit Union policies, procedures, and other documents and programs.
Possesses a strong working knowledge of all Credit Union products and services including the rules and regulations, policies and procedures. Is motivated to independently acquire additional knowledge and/or training to stay current on all Credit Union products and services.
Possess a proficient level of experience with the Credit Union's computer system and other programs such as; Windows, Word, Excel, Adobe and Outlook.

Nice To Haves

CUCE/CUCO Certification is preferred.

Responsibilities

Tracks regulatory changes in laws, regulations, and examination trends and communicates with the Director of Compliance all relevant matters
Assists with the Credit Union’s compliance efforts in the revision and implementation of policies and procedures
Works with the Director of Compliance to review reports which includes but are not limited to BSA, File Maintenance, Wire Transfers and CTRs promptly and accurately.
Stays informed of developments and trends in Credit Union policies and related laws and regulations.
Complies with operation risk-management procedures.
Reviews promotional materials to assure compliance with regulations.
Reviews Credit Union forms for adherence to applicable laws.
Researches compliance questions from Credit Union personnel.
Assists with correction of compliance violations which may include remediation of any audit and examinations findings.
Assists in new product and services development to provide input regarding compliance concerns and recommendations.
Assists the Director of Compliance with the implementation of any new projects which may include onboarding new vendors, products, services, technology or any relative compliance requirements.
Assist and performs appropriate research and provides answers and/or solutions to compliance and legal related questions from across the organization, in a timely manner.
Monitors and manages internal controls and procedures for complying with rules and regulations as part of the Compliance Program including highly confidential internal documents and data.
Assists with reviewing, updating, and maintaining the Credit Union’s Compliance Management System and conducting compliance reviews.
As vendor relationship manager, monitors all vendor contracts and service agreements, hold vendors accountable for their actions, and perform detailed responsibilities as noted in our board-approved Vendor Management Program. Works with Director of Compliance to resolve any high level issues, discrepancies or concerns.
Identifies and communicates regulatory compliance, deficiencies, or potential problems, and provides guidance in the development of alternative solutions.
Ensures that the Credit Union's quality reputation is maintained and protected.
Ensures that requests and questions are promptly and courteously resolved.
Assists the Director of Compliance with reviews and updates to the BSA compliance software.
Ensures compliance with all federal and state laws and regulations, including the Bank Secrecy Act, Patriot Act, and Office of Foreign Asset Controls, and should request legal interpretation as necessary. Must ensure subordinates are also compliant with such laws and regulations
Perform other duties as assigned