Sr. Compliance Specialist
Sr. Compliance Specialist
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Job Description
Job Details
Description
Take a leap and join our team!
At Gesa we believe in the power of our people. Coming from all walks of life our team members individual stories and unique experiences are our most valuable asset. But its how we come together igniting our collective compassion and commitment to empowering our communities that makes us succeed. Because we know we go further when we go together.
Here you can join a team who is passionate about serving others has a desire to do good and shares a deep love of people. You can engage in meaningful work that impacts your community. You can challenge yourself and grow in your career. And you can rest assured that your wellbeing and prosperity are our priority.
Get to know us:About - Gesa Credit Union
Role Summary:
The Sr. Compliance Specialist leads in developing implementing testing and administering the credit unions compliance program including but not limited to; fair lending privacy business support findings monitoring change management and training to ensure organization-wide internal controls are in place. This role reports to Regulatory Compliance Manager/Team Leader.
What You Will Be Doing:
- Oversee new developments and changes to products and services including promotional advertising campaigns media and solicitations and provide input
- Conduct compliance gap analyses across different product lines and credit union activities to identify trends risks and opportunities to meet best regulatory practices
- Review and revise credit unions member facing forms and disclosures for compliance with applicable laws and regulations
- Conduct regulatory compliance risk assessments timely and accurately
- Guide Gesas management and team members in resolving compliance issues effectively
- Work with legal counsel in reviewing contracts forms and disclosures that meet the needs of the credit union and comply with all applicable laws and regulations
- Review and develop forms necessary for all processes and work with legal counsel when legalities may be in question
- Work closely with legal counsel to understand legal implications and develop best mitigation strategies
- Review operational policies and management directives to ensure they are current and in compliance with regulations and the credit union best practices
- Develop and implement compliance review and assessment process to ensure compliance at all levels including accuracy of policies procedures disclosures forms marketing materials etc.
- Act as compliance subject matter expert and second line of defense to provide support and oversight to ensure the effective operation of the Compliance Management System enterprise wide to support the businesses in meeting compliance program and regulatory requirements and facilitating engagement with other compliance resources as necessary
- Stay abreast of the regulatory environment by conducting compliance research and analysis of new/pending laws and regulations maintaining a working knowledge of applicable state and federal laws and regulations
- Enhance business compliance through expert consultation review and support for compliance requirements assessments regulatory changes product and service changes process changes findings remediation and business compliance questions
- Conduct compliance monitoring reviews assist with analysis of self-identified issues recommend corrective action and control enhancements and communicate results of review activity to compliance and business unit leadership
- Manage compliance projects effectively by planning coordinating and executing tasks related to policy development regulatory reporting and process improvement within established timelines and budget constraints
- Assist with implementation of changes into business operations
- Review marketing collateral and member facing materials for regulatory compliance
- Complete compliance due diligence on new and existing vendors
- Develop and deliver reporting on state of compliance within lines of business
- Assist in tracking corrective action resulting from audits exams internal reviews risk assessments and other areas
- Assist with monitoring and auditing a variety of reports to ensure compliance with the credit unions policies procedures and regulations
- Utilize information systems as they relate to the needs requirements and issues pertaining to regulatory compliance
- Perform administrative support as necessary for completion of assigned tasks and other job-related duties as assigned by the Regulatory Compliance Manager or VP of Compliance
- Regularly communicate in a tactful manner with the credit union team members because of follow-up to monitoring compliance tasks
- Attend credit union training sessions conferences or seminars as approved by the Regulatory Compliance Manager and/or VP of Compliance
- Maintain awareness of policies and regulations related to duties and responsibilities
- Participate in special department projects as requested
- Keep Compliance leadership informed of key operating issues affecting areas of responsibility
- Serve as a member of a project team(s) in the capacity of a compliance resource for the implementation of technology processes procedures or the development of training materials and/or act as a compliance resource for the credit union
- Ensure that all work updates change requests and compliance reviews are completed in a timely and efficient manner
About You:
- Exhibit strong verbal and written communication skills by clearly conveying complex compliance information and updates to staff. Foster open dialogue to ensure understanding and address compliance concerns effectively. Acts as a key liaison for compliance matters
- Demonstrate a deep understanding of financial institution compliance and regulatory requirements by staying current with changes and effectively applying them to ensure the credit unions adherence to national state and local laws and regulations
- Apply critical thinking to identify compliance issues and evaluate the effectiveness of policies and procedures. Use data analysis to make informed recommendations and solve complex compliance problems
- Show proficiency in developing and revising policies and procedures by collaborating with management to ensure they meet regulatory standards and effectively address compliance needs
- Maintain strict confidentiality of sensitive information and uphold high ethical standards in handling and reporting financial and compliance matters. Demonstrate strong integrity and respect for personnel data
- Exhibit strong mathematical and analytical skills to interpret data effectively supporting informed decision-making and accurate report generation. Perform detailed data analysis with precision and accuracy
- Utilize financial systems and office equipment with high proficiency including Microsoft Office Suite Compliance management system Complaint Management system etc. Demonstrate advanced technical skills in operating personal computers 10-key and related tools for efficient data processing.
- Collaborate effectively with team members and departments while demonstrating strong independence in managing tasks. Show adeptness at balancing collaborative efforts with autonomousresponsibilities contributing to team projects and operational processes efficiently
- Project management and risk assessment skills
Qualifications
What You Will Need:
- Bachelors degree in legal studies business finance or related field required
- Minimum of seven (7) years of experience compliance experience within a financial institution or at a financial institution regulatory agency required
- One (1) or more related compliance certifications required (e.g. CRCM - Certified Regulatory Compliance Manager) CRCP - Certified Regulatory and Compliance Professional CUCE - Credit Union Compliance Expert NCCO -National Association of National Credit Union Certified Compliance Officer CUCS-Certified Credit Union Compliance Specialist)
- Understanding of reporting requirements of regulatory agencies relevant to assigned tasks
- Display values including mutual respect trust honesty and dignity and acting in the best interest of the credit union. Lead by example by displaying solid ethics and integrity at all times
- Some travel required to complete credit union training or approved professional training
Our Team Member Value Proposition:
In exchange for bringing your talent to Gesa here are a just a few of the benefits and perks we offer:
- Competitive Pay
- Medical Dental Vision and Life Insurance
- 20 days/year of Paid Time Off Plus 10 Paid Holidays!
- 401(k) Match
- Incentive Program
- Tuition Assistance and Student Loan Repayment
- Commuter Benefits
- Paid Time Off to Volunteer in the Community
- Product discounts
- Engaging Work Environment
- Rewards and Recognition Programs
Salary Range:
Richland WA: $32.76 - $49.14
Lynnwood WA: $35.81 - $53.71
Spokane WA: $31.75 - $47.62
Tukwila WA: $38.41 - $57.62
Get wise to whats possible with a career at Gesa. Join us!
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process to perform essential job functions and to receive other benefits and privileges of employment. Please contact the HR Department at or to request an accommodation.
Gesa Credit Union reserves the right to revise or change the job description as the need arises. This job description is not all inclusive of total job responsibilities nor does it constitute a written or implied contract of employment.
Selected candidate(s) must be able to pass a pre-employment credit/background check.
Gesa Credit Union is an Equal Opportunity Employer and strong advocate of workforce diversity. Race/Color/Gender/Sexual Orientation/Gender Identity/Religion/National Origin/Disability/Veteran.
Required Experience:
Senior IC
Employment Type
Full-Time
