University of Hawaii Federal Credit Union · 15 hours ago
Compliance Specialist
Main Office, Honolulu, HI, US
Full-time
Onsite
New Grad, Entry Level
$50K/yr - $60K/yrUniversity of Hawaii Federal Credit Union is a leading credit union in Hawaii, committed to providing financial value and exceptional service to its members. The Compliance Specialist is responsible for managing the day-to-day functions of the credit union's compliance programs, including BSA compliance and vendor due diligence.
Financial Services
Responsibilities
BSA Compliance – daily/monthly functions of processing and reviewing reports, and researching identified accounts for suspicious activity
Assists in the periodic review and update of the BSA program
Reviews reports daily to ensure CTRs and SARs are filed timely
Reviews Verafin reports and follows up on suspicious activity
Reviews shared branching transaction data for BSA compliance
Monitors and reviews the Office of Foreign Assets Control (OFAC) Exemption list
Processes FinCEN 314(a) Information Sharing Between Law Enforcement and Financial Institutions
Monitors the SAR reporting tool for staff reporting of any suspicious activity including elder abuse, fraud, etc
Assists in the review and update of disclosures/forms for new regulations and consistency with credit union practice and system set‐up
Assists in the review of subpoenas and IRS levies
Assists in researching regulations for compliance of credit union operations
Assists in carrying out credit union compliance programs such as Vendor Due Diligence and Red Flags
Assists in credit/debit card program as required
Assists in ACH, Sharedraft and other electronic services as required
Performs other duties as required
Qualification
Required
Bachelor's Degree or equivalent work experience in the retail financial services field
Knowledge of financial institution regulations
Basic understanding of MS Office Suite
Experience in applying policies and procedures
Excellent written and verbal communications skills
Able to read and comprehend regulations
Able to multi-task and prioritize work
Presentation experience
Movements frequently and regularly required using wrists, hands, and/or fingers
Must frequently convey detailed or important instructions of ideas accurately and quickly
Average visual acuity necessary to read, prepare and inspect documents or products
Able to hear average or normal conversations and receive information
Sedentary work (sitting most of the time). Able to lift and carry up to 25 lbs
Able to apply common sense understanding to carry-out detailed instructions and to deal with problems involving variables
Able to perform basic math skills including adding, subtracting, multiplying and dividing using a calculator
Able to write complex sentences using normal word order with present and past tenses, as well as a command of the English vocabulary
Benefits
Medical Insurance which Includes Drug and Vision; Company pays 100% of Employee's Self-Coverage; PLUS, a Company Paid Subsidy Towards Family-Coverage
Dental Insurance; Company Pays 100% of Employee's Self-Coverage and Employee Pays for Low-Cost Family-Coverage
Medical and Dental Plan Premium Waiver Option
401(k) Retirement Plan with Employer Match and Non-Elective Contribution (NEC)
Eligible to Earn Thirty-Five (35+) Paid Days Off a Year
Vacation Cash-Out Program
Flexible Spending Accounts: Healthcare and Dependent Care (Pre-Tax Benefit)
Company Pays for Employee Group Basic Life With AD&D Insurance
Company Pays for Employee Long Term Disability Insurance
Voluntary Accident Recovery, Critical Illness + Cancer, and Hospital Insurance
Employee Assistance Program (EAP)
Employee Loan Discount
Company Subsidizes 50% for Adult Monthly Bus Pass
Cash Reward Employee Referral Program
Workiversary Cash Reward and Gifts
Internal and External Professional Development Opportunities
And Many More!
Company
University of Hawaii Federal Credit Union
University of Hawaii Federal Credit Union provides financial services to its members.
Founded in 1955
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase