Financial Institution Compliance Analyst III (Non-IT)

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Position Overview

NASA Federal Credit Union is seeking a talented and experienced Financial Institution Compliance Analyst III (Non-IT) who has a robust track record in maintaining compliance with regulatory requirements, addressing risk management issues, and implementing best practices in financial institution operations. This role is pivotal for helping the institution maintain its integrity while complying with applicable laws and regulations.

Responsibilities

The Compliance Analyst will engage in a variety of initiatives aimed at ensuring compliance with federal regulations, particularly the Bank Secrecy Act. Major responsibilities include:

• Regulatory Compliance: Maintaining awareness of laws, regulations, and best practices affecting the credit union. This includes *researching compliance issues and collaborating with various departments to safeguard regulatory adherence.

• Risk Assessments: Participating in or leading compliance-focused projects like conducting risk assessments and compliance testing. The analyst will prepare reports summarizing compliance status and address any identified issues.

• Internal Communication: Acting as a resource for compliance queries from different departments, providing necessary assistance and support.

• Documentation Review: Collaborating with teams to revise forms, disclosures, policies, and marketing materials to ensure regulatory compliance before their issuance.

• Training & Resource Development: Developing a comprehensive training program for regulatory requirements and supporting continuous improvement efforts.

• Member Response Coordination: Handling inquiries and complaints from members concerning compliance issues, drafting appropriate responses, and ensuring they meet regulatory guidelines.

• Leadership Responsibilities: Expected to take a leadership role in regulatory compliance initiatives, by coordinating the Compliance Committee and preparing detailed reports for management.

Required Skills and Qualifications

Minimum Requirements:

The educational and experiential requirements differ based on the level:

• Level I: A Bachelor's degree in a relevant field plus at least two years of expanding experience in financial institutions focusing on compliance responsibilities.
• Level II: Requires a Bachelor's degree and four years of relevant experience along with preferred regulatory compliance certification.
• Level III: Involves a Bachelor's degree plus a minimum of six years of experience, with at least three years specifically focused on regulatory compliance responsibilities. Certification is highly favored.

Personal Attributes:

• Self-Motivated and Independent: Must exhibit strong self-starter qualities, maintain high personal drive, and be able to work independently.
• Analytical Skills: Exceptional analytical thinking and problem-solving skills demonstrating the ability to process complex issues and provide resolutions.
• Communication Skills: Proficient in written and verbal communication which is crucial for drafting responses, presentations, and collaborating with different teams.
• Organizational Skills: Strong organizational abilities that include effective time management.

Compensation and Benefits

While specific salary details are not provided, the job listing emphasizes a generous benefits package offered by NASA Federal Credit Union, which includes:

• Comprehensive healthcare plans, with employer-supported premiums for various options, including both high and low deductible plans.
• Remote work availability, allowing for flexible working conditions.
• A well-supported 401(k) plan, with employer matching up to 6% and immediate vesting.
• Paid leave options, including vacation and sick leave, commemorated by 11 paid holidays.
• Educational assistance might also be available for career development along with employee referral bonuses.
• Additional voluntary benefits such as life insurance options, pet health insurance, and discounts for credit union members.

Work Environment

This position is primarily remote, allowing the successful candidate flexibility and comfort typically associated with working from home. Applicants should be prepared to meet NASA Federal Credit Union's eligibility requirements for this position.

Conclusion

For candidates looking to advance their careers in financial compliance, this opening at NASA Federal Credit Union stands out as an exciting opportunity. The role promises the chance to engage deeply in regulatory compliance while making meaningful contributions to an organization that values integrity and responsibility. Further, with a comprehensive support structure and potential for professional development, this role is an excellent fit for self-motivated individuals eager to contribute to compliance initiatives in a thriving financial institution.

This job offer was originally published on himalayas.app