Compliance Officer
7 days ago
At ELGA Credit Union, we are seeking a highly skilled Compliance Officer to join our team. In this role, you will play a critical part in ensuring the credit union's compliance with all regulations.
About the Role:
- We are looking for an individual with three to five years of experience in a similar or related field.
- A bachelor's degree or equivalent certifications recognized in the industry are required.
Main Responsibilities:
- Banking Regulations and Compliance: To be knowledgeable in all regulations pertaining to credit union operations and assist in ensuring the credit union is in compliance with all regulations.
- BSA Program Development and Administration: Assist the BSA Officer in developing, implementing, and administering all aspects of the Bank Secrecy Act Compliance Program.
- Support to Compliance Officer and BSA Specialists: Support the Compliance Officer and guide BSA Specialists in their roles.
- Report Reviews and Investigations: Review reports associated with BSA, investigate CDD/EDD alerts produced by BSA software, decide on further action if appropriate, and identify suspicious activity (Red Flags) in the reviews process.
- Marijuana Related Business Program Monitoring and Support: Monitor changes in laws, regulations, and trends, and maintain files and share information to the appropriate departments.
- Suspicious Activity Reporting: Identify and complete required reports for filing of Suspicious Activity and attend SAR Committee meetings to determine if the filing of a Suspicious Activity Report (SAR) is warranted.
- Auditing Duties: Perform auditing duties such as audit/exam document prep, maintenance report reviewing, and internal audits.
- Project Management and Compliance Support: Attend assigned Project Management meetings and assist in the Compliance for development of project.
What We Offer:
- A competitive salary of $65,000 - $85,000 per year, depending on experience.
- A dynamic work environment with opportunities for growth and professional development.
- A comprehensive benefits package, including health insurance, retirement plan, and paid time off.
Requirements:
- Three to five years of experience in a similar or related field.
- A bachelor's degree or equivalent certifications recognized in the industry.
- Motivated and self-directed with limited supervision.
- Organizational skills with attention to detail.
- Proficient in Microsoft Word and Excel.
- Excellent communication skills both written and verbal.
Work Environment:
The work is primarily conducted in the office with flexibility for occasional remote work.
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