Senior Compliance Analyst

OUR LEADERSHIP PHILOSOPHY

At Lighthouse Credit Union, we believe all individuals, regardless of position level, are considered leaders. By providing a framework that balances clarity with adaptability, our Leadership Competencies aim to foster a culture of continuous growth and agile leadership. Lighthouse Credit Union is committed to embracing change, nurturing leadership talent, and ensuring our performance management practices are aligned with our vision of fostering a resilient and forward-thinking organization.

As such, we all hold ourselves accountable to the following:

Demonstrates Interpersonal Awareness & Skills

A cornerstone of our collaborative work environment, this competency emphasizes effective communication, relationship building and teamwork. It also supports creating a positive work environment that values individual contributions and fosters teamwork. As an individual leader, you will demonstrate active listening, clear communication, and contribute beneficially to team dynamics.

Embraces Change & Learning

This competency focuses on adaptability, personal development and the advocacy and embracing of progressive change. You will be challenged to explore continuous learning opportunities to achieve excellence and foster a culture of growth and innovation. As an individual leader, you will actively engage in personal development, embrace change enthusiastically and support team members in their growth. You will also demonstrate flexibility and adaptability in response to changing circumstances.

Utilizes Critical & Creative Thinking

Underlining the importance of innovative problem solving, challenging the status quo and strategic thinking, this competency is vital for driving excellence and leadership. This competency challenges team members to take initiative beyond one's immediate responsibilities. As an individual leader, you will actively look for and share opportunities for improvement, show open-mindedness to new ideas and professionally challenge inefficient processes. You will also actively contribute to defining solutions and promoting innovation.

Takes Personal Ownership

This competency focuses on taking responsibility for performance goals, proactive collaboration, and accountability. It highlights the significance of each team member taking ownership of their role and contributions while demonstrating leadership qualities regardless of their position. As an individual leader, you will be actively engaged in setting and achieving performance goals, take responsibility for personal action and decisions and seek opportunities for self-improvement and skill development.

The Senior Compliance Analyst plays an important role in maintaining and enhancing the Credit Union's Compliance Management System (CMS). The position provides advanced compliance expertise by conducting compliance monitoring reviews, reviewing consumer complaints for compliance-related concerns, reviewing marketing materials for adherence with regulatory requirements, and assisting with regulatory change management. This role ensures that lending, deposit, marketing, and operational activities comply with applicable federal and state laws and regulations while minimizing legal and reputational risk.

The position serves as a key resource to management and staff and requires strong analytical skills, attention to detail, and the ability to manage multiple priorities in a fast-paced environment.

• Leads compliance monitoring reviews independently or in conjunction with others to assess the effectiveness of internal controls, policies and procedures; including reviews of adherence to:
• Lending-related regulations
• Deposit-related regulations
• Supervisory guidance and best practices, as applicable to the Credit Union's products and services.
• Evaluates management responses to compliance monitoring reviews for adequacy and effectiveness; and track findings and validate completion of corrective actions.
• Reviews, approves, and provides guidance on advertising, marketing, and promotional materials to ensure compliance with regulatory requirements, including print materials/in-branch displays, website content, social media platforms, electronic messaging/emails and other forms of advertising media.
• Assists business lines in reviewing forms, disclosures, terms and conditions, and other consumer-facing materials for compliance requirements prior to distribution or implementation.
• Tracks and participates in the analysis of new, changing, and existing federal and state laws and regulations to identify impacted areas and processes requiring updates to remain compliant.
• Assists in the preparation of compliance-related reports and content for quarterly Enterprise Risk Management Committee meetings.
• Maintains and supports the complaint management process, including tracking the number of complaints and performing a monthly regulatory risk assessment; and compiling complaint trend…