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Redwood Credit Union · 19 hours ago

Compliance Analyst

Napa, California

Full-time

Onsite

Mid, Senior Level

$41/hr - $54/hr

5+ years exp

Redwood Credit Union is looking for a Compliance Analyst, who will be responsible for proactively identifying and evaluating risks and controls, completing regulatory compliance analysis and research, and working with management to develop action plans to ensure risks are effectively mitigated. The role involves conducting compliance activities, managing projects related to regulatory changes, and providing excellent service to members and internal clients.

Finance

Growth Opportunities

No H1B

Responsibilities

Review and conduct in-depth analysis on regulatory and legal changes affecting financial institutions to determine applicability and impact to RCU

Research regulatory/legal questions for other departments as assigned

Prepare and present analysis summaries and findings to RCU management to assist in decision-making

Independently work with RCU departments to implement legal requirements and ensure changes to products, services, and processes comply with applicable legal requirements

Create and manage compliance programs and training programs

Review advertisement, forms, letters, and disclosures for other departments as assigned to ensure compliance with applicable legal requirements

Prepare revisions to Credit Union disclosures

Prepare written reports and analysis for Compliance management

Assist on projects, exams, audits, and other tasks as assigned

Provide excellent service to all Members and internal clients

Prepare currency transaction reports in compliance with the Bank Secrecy Act

Manage projects required to implement regulatory and legal changes, including setting project goals, coordinating efforts between multiple departments, and monitoring for effectiveness

Independently work with RCU departments to identify and mitigate risks to the line of business, including compliance, business continuity, and internal controls

Collect and prepare information for business continuity planning

Collect and prepare information for both internal and external audits

Document audit procedures performed or coordinated/supported

Maintain audit work papers and documentation

Develop and monitor remediation plans resulting from any deficiencies identified in audits

Submit all audit work (i.e., planning, programs, work papers, reports, etc.) to the Compliance Manager for review prior to issuance of final reports

Administer compliance testing program and monitors result status

Assist with department budget preparation and perform legal expense analysis

Complete monthly report(s) and maintain records of time usage

Manage and administer RCU’s forms library

Manage and administer RCU’s Management Procedures Manual

Attend training as designated by Compliance Manager

Qualification

Regulatory compliance analysisRisk managementAudit proceduresCompliance Officer CertificationMicrosoft OfficeAnalytical skillsCommunication skillsOrganizational skillsInterpersonal skillsAttention to detail

Required

Comprehensive knowledge of laws, regulations, principles, and processes related to financial institutions

Strong analytical/problem solving, communication, organizational and interpersonal skills

Possess insight and judgment to initiate timely and appropriate action

Meticulous attention to detail

Skill in the operation of a PC with the use of Microsoft Office software and Browser based applications; ability to navigate internet and intranet applications

Ability to communicate complex ideas effectively, both verbally and in writing

Ability to establish and maintain effective working relationships with diverse groups of people

Ability to effectively research and report on complex legal issues

Ability to organize, coordinate and prioritize a variety of activities simultaneously with limited supervision

Ability to act independently and confidentially, using discretion, and tact

Ability to distinguish and manage confidential material and information

Ability and desire to work in a team environment, with ability to establish and maintain effective working relationships in a diverse environment, including working with other departments

Preferred

Compliance Officer Certification (NCCO, CUCE, or equivalent) is desirable

The ideal candidate has a combination of education and experience equivalent to a bachelor's degree in business, pre-law, or related with a minimum of five years experience in financial services industry; regulatory compliance or financial institution internal audit

Benefits

Competitive medical, dental, and vision insurance, mental health offerings

Employee performance incentive plan

Salary Advancement– Merit increase based on performance

401(k) program with employer match

Time Off- Competitive PTO accrual plus 11 paid company holidays and your birthday off!

RCU employees are eligible for a .75% discount off RCU standard collateral auto loans

RCU employees are eligible for a 1% discount on all recreational or boat loan products

2% discount off Visas and LOC Loans through RCU

0% interest loan to support employees with various immigration related expenses such as visa application fees and relocation costs. Loan amount up to $1,000.

0% interest loan to support employees with expenses associated with the naturalization process. Loan amount up to $15,000.

0% interest on garment, fitness, or home office equipment loan of up to $500

100% financing for employee purchased homes!