Provident Credit Union ยท 9 hours ago
Compliance Analyst
Redwood City, CA
Full-time
Onsite
Senior Level
$32/hr - $42/hr
5+ years expProvident Credit Union is a top-ranked credit union in the US, known for its supportive and inclusive culture. The Compliance Analyst is responsible for ensuring compliance with laws and regulations, developing compliance programs, and addressing compliance issues to safeguard the organization's operations.
BankingFinanceFinancial ServicesNon Profit
No H1B
Hiring Manager
Riz Baldovino
Responsibilities
Review various aspects of the credit union's operations, including transactions, member accounts, products, and services, to ensure they adhere to federal, state, and local banking laws and regulations
Monitor changes in legislation and regulatory requirements that may impact on the credit union's operations and ensure that internal policies and procedures are updated accordingly
Conduct risk assessments to identify potential compliance gaps
Prepare and submit compliance reports to management highlighting key compliance risks and mitigation strategies
Help with training staff on new or updated policies and directives, identify training needs, and provide guidance on compliance best practices
Investigate and resolve compliance issues and recommend appropriate corrective actions when necessary
Assist with ERM and BCP assessments and plans
Assist the BSA Team with compliance efforts (AML alerts and SARs)
Provide support during audits and examinations conducted by regulatory agencies and external auditors
Attend BSA/OFAC training sessions as needed to stay current with regulatory requirements
Complete the required BSA & OFAC training annually
Performs other duties as assigned
Qualification
Required
Associate or bachelor's degree required
Minimum 5 years of experience in banking or credit union industry
Minimum 5 years of compliance experience or formal training, or an equivalent combination of education and relevant experience
Proficient in Microsoft Office applications, including Word, Excel, Outlook, and PowerPoint
Proficient in Fusion Phoenix system or comparable core banking systems
Proven ability in mathematical reasoning, analytical thinking, and meticulous organizational skills
Possess working knowledge of banking or credit union regulations such as California Credit Union Law, NCUA Rules and Regulations, Bank Secrecy Act compliance, Truth in Savings, and the Privacy Act
Skilled in reading, analyzing, and interpreting industry publications, financial statements, and legal documents. Capable of effectively addressing inquiries and resolving complaints from internal teams and departments
Demonstrates solid working knowledge of credit union branch operations, policies, and procedures
Consistently demonstrates a commitment to delivering exceptional service to members and colleagues with every interaction
Preferred
Certified Regulatory Compliance Manager (CRCM/CUCO) preferred
Certified Anti-Money Laundering Specialist (CAMS) preferred
Internal auditing training or similar coursework
Benefits
Quality medical, dental and vision care coverage
401(k) retirement plan with up to 150% matching employer contributions
Annual discretionary bonus
Generous paid time off and paid holidays
Flexible spending accounts
Employee Referral Bonus
Short and long-term disability coverage
Life and AD&D insurance
Provident membership
Rate discount on home and auto loans
Opportunity to use company owned condo in Maui and Lake Tahoe
Company
Provident Credit Union
Provident Credit Union specializes in banking with loans, mortgages, savings, insurance, investment advice for companies and NPCs.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
J
Jim Ernest
President & CEO
W
Wayne Bunker
president/ceo
Company data provided by crunchbase