Senior Compliance Analyst - Mortgage Lending

Senior Compliance Analyst – Mortgage Lending

Opening from NEW Sr. Compliance Analyst

Redwood Credit Union is seeking a Senior Compliance Analyst who will be responsible for proactively identifying and evaluating risks and controls, completing regulatory compliance analysis and research, identifying issues and/or areas for improvement in efficiency or effectiveness, and working with management in developing action plans to ensure risks are effectively mitigated and issues are corrected. Work independently with broad discretion as assignments may be varied, diverse, and difficult in nature.

Provide guidance and leadership to other team members in Compliance. Plan, organize, and perform Compliance activities and projects.

• Review and analyze regulatory and legal changes affecting financial institutions to determine applicability and impact to RCU.
• Research regulatory/legal questions for other departments as assigned.
• Present analysis and findings to RCU management.
• Independently work with RCU departments to implement legal requirements and to ensure changes to products, services, and processes comply with applicable legal requirements.
• Create and manage compliance programs and training programs.
• Oversee activities of Compliance Analyst(s) as assigned by Compliance Manager.
• Prepare revisions to Credit Union disclosures.
• Prepare written reports and analysis for Compliance management.
• Assist on projects, exams, audits, and other tasks as assigned.
• Provide excellent service to all Members and internal clients.
• Manage projects required to implement regulatory and legal changes, including setting project goals, coordinating efforts between multiple departments, and monitoring for effectiveness.
• Independently work with RCU departments to identify and mitigate risks to the line of business, including compliance, business continuity, and internal controls.

• Research and advise RCUSG Management on Credit Union Service Organization (CUSO) governance requirements.
• Review and analyze regulatory and legal changes affecting insurance agencies and vehicle broker/dealers to determine applicability and impact to RCU Services Group.
• Present analysis and findings to RCU and RCU Services Group Management.
• Independently work with RCU Services Group Management to implement legal requirements and to ensure changes to products, services, and processes comply with applicable legal requirements.
• Create and manage RCU Services Group compliance programs and training programs.
• Prepare revisions to RCU Services Group disclosures.
• Prepare written reports and analysis for RCU Services Group Management.
• Manage projects required to implement regulatory and legal changes, including setting project goals, coordinating efforts between multiple departments, and monitoring for effectiveness.
• Administer RCU Services Group licensing process to ensure all corporate and employee licenses are properly maintained.
• Administer annual RCU Services Group reporting.
• Establish goals and work plans for RCU Services Group compliance.
• Prepare compliance reports as needed for RCU Services Group Board.

• Collect and prepare information for both internal and external audits.
• Act as liaison with external compliance auditors.
• Document audit procedures performed or coordinated/supported.
• Maintain audit work papers and documentation.
• Develop and monitor remediation plans resulting from any deficiencies identified in audits.
• Administer compliance testing program and monitors result status.
• Complete status reports and maintain records of time usage.
• Support RCU governance activities.
• Attend training as designated by Compliance Manager.

Join us and discover why you'll love working at Redwood Credit Union!

At Redwood Credit Union, our mission is to passionately serve the best interests of our Members and communities. Since 1950, we have been dedicated to supporting the financial well‑being of our Members through better rates, low or no fees, and best‑in‑class customer service. Our purpose is to inspire hope and elevate the financial well‑being of our communities one person at a time, through good…