Compliance Specialist

Position Overview

The Compliance Specialist will assist with ensuring the organization adheres to federal, state, and local laws and regulations. This involves assisting with developing and revising policies, conducting account reviews, monitoring regulatory changes, and assisting with risk management and compliance requests. The Compliance Specialist must have the ability to manage multiple deadlines in a fast-paced environment.

Major Responsibilities

1. Remain aware of and adhere to Credit Union policies and procedures.

2. Conducts compliance testing and analysis and provides summary reports.

3. Assist in monitoring daily, weekly, monthly and quarterly key control reports to ensure compliance with internal policies and procedures.

4. Research and respond to requests from various departments for compliance assistance.

5. Assist in providing recommendations in the creation or revision of forms, disclosures, policies, procedures and marketing material to ensure regulatory compliance.

6. Assist with regulatory monitoring and updates.

7. Assist with performing account reviews as necessary.

8. Maintain good relationships with other departments.

9. Perform other duties as assigned.

Required Qualifications

• Post high school degree or certification, preferred.

• 1-3 years’ experience in the financial services industry.

• Previous experience in compliance related activities preferred.

• Strong attention to detail and time management skills.

• Computer skills should include an aptitude in Microsoft Office (Word and Excel).

• Ability to comprehend standard application of credit union policies and procedures.

• Professional demeanor and good judgment

• Ability to interact with other financial institutions, vendors, merchants, outside service providers and credit union members.

• Interact and cooperate with peers and other credit union staff team members on a daily basis.

• Exhibits team building philosophy.

• Displays responsible behaviors outside the credit union which represent Mainstreet Credit Union in a positive light

• Knowledge of Symitar Episys, including exposure to teller, member service and lending procedures is preferred.