The overall purpose and role of the Compliance Specialist is to ensure that the Credit Union is in compliance with all state and federal regulations, as well as administering quality assurance checks that support compliance within the established guidelines.  Analyze new and pending laws and regulations that could affect the Credit Union practices and make recommendations to the Leadership Team. Assists vendor management in monitoring and performing regular due diligence to assist Relationship Owners with assessing and managing assumed risks. The position will also perform Quality Assurance reviews on Consumer Loans, Real Estate Loans and Pre-Funded Mortgage Loans, as well as assist with Branch quality Assurance Reviews. This role ensures that policies, procedures and regulations are followed in order to protect the integrity of the credit union.

Qualifications: 

• 5 years progressive experience in lending roles within the financial industry with a strong working knowledge of consumer, small business, commercial, and/or mortgage lending. Experience to include quality assurance or audit work of loans.


• Strong understanding of applicable state and federal laws and regulations. Working knowledge of operational and lending processes, documentation governing lending activities, and loan origination systems used in consumer, small business, commercial, and/or mortgage lending. Working knowledge of branch operations and audit procedures.


• Proficiency with Microsoft Office applications (Outlook, Word, Excel, Teams, and PowerPoint)


• Strong data mining skills.


• Must have a high aptitude for detailed work, research, and problem solving.


• Must be able to analyze data and recognize potential audit issues and regulatory violations.


• Excellent oral and written skills to effectively communicate audit and review reports to co-workers and management.


• Able to work in a fast-paced environment with multiple and /or constantly changing priorities.


• Time management and organizational skills required to coordinate multiple projects and to be ability to provide comprehensive reviews and reports to management.

Education:

•  Bachelor’s Degree in Business or Finance or equivalent work experience.


• Certification: CUCE (Credit Union Compliance Expert-from CUNA) or NCCO (NAFCU Certified Compliance Officer)