Senior Compliance Analyst
Full job description
Why join this team:
The Senior Compliance Analyst plays a crucial role in supporting the credit union's compliance and risk management program by ensuring adherence to regulatory requirements and internal policies. This position involves monitoring, analyzing, and providing guidance on compliance-related issues, implementing and improving compliance processes, conducting compliance reviews, and preparing reports.
This position is hybrid (1x/week onsite).
NYC Salary Range - $93,540 - $115,000 annually; compensation is commensurate to geographic location.
What you'll do:
Regardless of seniority or role, uphold UNFCU’s mission, core values, and guiding principles by providing an exceptional service experience to colleagues and members alike through consistent demonstration of our service excellence behaviors.
Interpret and stay updated on relevant federal and state regulations affecting the credit union, including but not limited to consumer protection laws (e.g., Reg Z, Reg E), and fair lending practices.
Assist in the development and maintenance of compliance policies and procedures that align with current laws and regulations.
Conduct regular compliance reviews to assess the effectiveness of policies and identify areas of improvement.
Support day-to-day operations of compliance management programs including monitoring and testing reviews, regulatory change management, training oversight, issues management, and management reporting.
Perform risk assessments to identify potential compliance risks across different departments, products, services and functions within the credit union.
Execute ongoing monitoring and testing of compliance controls and processes, ensuring adherence to regulatory and internal standards.
Act as a subject matter expert, providing guidance and support on compliance issues to staff across the organization.
Prepare regular compliance reports for senior management, the board of directors and regulators, summarizing key compliance activities, findings, and status updates.
Investigate potential compliance breaches or incidents, identify root causes, and implement corrective action plans.
What we're seeking:
Bachelor’s degree, or equivalent experience with a focus on regulatory compliance
Minimum of 5 years of experience in compliance or a related field, including responsibility for complying with applicable rules and regulations (consumer protection laws and regulation and supervisory compliance examination procedures)
Experience working in a regulated industry
Proficient in MS Office and other applicable compliance software and applications
Excellent analytical and problem-solving skills
Knowledge of data analytics and reporting tools
Thorough understanding of regulatory frameworks, and experience with compliance standards specific to banking institutions
Excellent verbal, written and interpersonal communication, facilitation and consensus-building skills
High degree of personal initiative and attention to detail when making judgments/recommendations
What makes you stand out:
Relevant certifications such as Certified Regulatory Compliance Manager (CRCM) or similar are a plus
Who we are:
UNFCU is a global not-for-profit financial institution that serves the UN community. We are committed to providing peace of mind to our members and colleagues and strive to achieve service excellence in all that we do. The best part of UNFCU is the people. Those that choose to work with us often find personal fulfillment, professional growth and a purposeful culture.
UNFCU is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. UNFCU prohibits discrimination and harassment of any type. All applicants will be considered for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, ****** orientation, gender identity or expression, or any other characteristic protected by country, federal, state or local laws.