Compliance & Risk Officer

Description

Compliance & Risk Officer is responsible for building, maintaining, and strengthening GHS Federal Credit Union's Bank Secrecy Act, fraud prevention, and regulatory compliance programs. This is a foundational role for the credit union, stepping into a developing program and expected to formalize, expand, and elevate the organization's risk management posture across all three disciplines. The Officer serves as the designated BSA Officer for the credit union and is the primary internal resource for fraud monitoring, investigation, and prevention, regulatory compliance oversight, and cross-functional risk education and training.

While primarily an internal function, this role interacts with members when circumstances require, including fraud disputes and compliance‑related inquiries, and does so with professionalism and member focus consistent with GHS service standards.

Department:
Compliance

Reports to:

VP of Operations Support & Compliance

Classification:
Exempt, Full-Time, In-Person

Effective:
July 2026

• Serve as the designated BSA Officer for GHS Federal Credit Union, maintaining primary accountability for the credit union's BSA and Anti-Money Laundering program.
• Build, document, and continuously strengthen the BSA program including written policies, procedures, risk assessments, and internal controls.
• Monitor accounts and transactions for suspicious activity using fraud and BSA monitoring tools and system‑generated reports.
• File Currency Transaction Reports and Suspicious Activity Reports accurately and within required regulatory time frames.
• Conduct and document BSA risk assessments on a scheduled and as‑needed basis.
• Maintain BSA recordkeeping in compliance with federal requirements including Customer Identification Program documentation and beneficial ownership records.
• Coordinate and deliver annual BSA training to all staff and targeted training for higher-risk roles.
• Stay current on FinCEN guidance, NCUA BSA examination expectations, and evolving AML typologies.

• Operate and manage fraud monitoring tools and platforms, reviewing alerts, escalating confirmed fraud, and documenting outcomes.
• Investigate suspected fraud cases involving member accounts, internal processes, or third‑party activity. Conduct thorough, documented investigations and elevate findings appropriately.
• Identify fraud patterns and systemic process vulnerabilities through investigation findings and monitoring data. Collaborate with relevant teams to implement corrective controls.
• Manage fraud-related member disputes, working directly with members when needed to resolve cases professionally and in accordance with regulatory requirements.
• Coordinate with law enforcement, regulatory agencies, and external partners on fraud matters as appropriate.
• Develop and deliver fraud awareness training for staff, covering current fraud typologies, red flags, and internal reporting procedures.
• Track fraud loss data and prepare periodic reporting on fraud trends, case outcomes, and program effectiveness for leadership.

• Serve as the primary internal resource for regulatory compliance oversight, with primary focus on federal and state regulations applicable to credit union lending, deposits, and operations.
• Maintain and update the credit union's compliance management system, including policy documentation, regulatory change tracking, and examination preparation materials.
• Monitor regulatory changes from NCUA, CFPB, FinCEN, and other applicable agencies and assess their impact on GHS operations, products, and policies.
• Conduct periodic internal compliance reviews and risk assessments across lending, deposit, and operational functions. Document findings and track remediation.
• Support vendor oversight and third‑party risk management from a compliance perspective, ensuring vendor relationships meet applicable regulatory expectations.
• Collaborate on projects from a compliance perspective including vendor review, conversions, and new product implementation and testing.
• Assist in the…