Compliance Risk Coordinator

Please reference the schedule and minimum qualifications listed below before applying.

If you need assistance with filling out our application form or during any phase of the application, interview, or employment process, please notify our Human Resources Team at  option 1 or email  and every reasonable effort will be made to accommodate your needs in a timely manner.

Job Summary As part of the credit union’s risk management infrastructure and second line of defense, the GRC Operations Coordinator manages the overall implementation of the credit union’s Compliance Management System (CMS), assists business units (BUs) with managing policies, programs, procedures and the remediation of issues, and acts as a primary liaison with BUs and GRC Operations to ensure the credit union maintains a strong CMS that is effective at managing compliance risk and preventing violations or enabling early detection of potential violations of regulatory requirements and internal policy.

Job Description

LOCATION

Tanner Building - Hybrid

7167 S Center Park Drive
West Jordan, UT 84084

SCHEDULE

Full time, Hybrid remote options

ESSENTIAL DUTIES AND RESPONSIBILITIES

To be effective, an individual must be able to perform each job duty successfully.

• Gather, upload and manage credit union policies, programs, and procedures into GRC platform and perform revisions when necessary

• Support the design and execution of a control assurance program

• Assist in gap analysis for credit union policies and procedures
• Identify control improvements for monitoring risk
• Administer internal procedure repository solution to track, monitor, and report compliance changes throughout the organization
• Review updates to procedures and determine if changes affect board policy, standards orstep-by-steps
• Review internal operating policies, programs, and procedures periodically to ensure adherence to laws, rules and regulation
• Assist in developing and reviewing compliance training materials related to operations and deposit accounts and conduct monthly new manager compliance training
• Coordinate the review and interpretation of new and pending regulations that may impact the operating procedures of the credit union
• Document reviews through formalized reports including an assessment of the issues, recommendations and remediation
• Assist BUs with issue management and remediation
• Conduct marketing reviews as applicable and assist marketing team with operations and deposit account related inquiries
• Review branch certifications as applicable
• Develop and maintain an effective working relationship with BUs and management
• Assist BUs with inquiries related to operations and deposit account regulations and industry standards
• Perform analytics and create reporting for BUs and GRC Operations
• Execute assigned functions including planning, reporting, and finalization; execute work in conformance with department standards, budgets and deadlines
• Utilize judgment and responsibility in fulfilling department functions using the credit unionpolicies and the hierarchy of decision making
• Complies with all regulations as required by law, including but not limited to BSA, OFAC, FACT Act, GLBA, Regulation CC (Funds availability), Regulation DD (TISA), Regulation E, UDAAP, and other regulations as required by law as it relates to his/her position
• Perform other duties as assigned

KNOWLEDGE, SKILLS, and ABILITIES

The requirements listed are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.

Experience

Minimum 3 years’ legal and/or regulatory research and/or compliance experience.

Education

Bachelor’s degree in business finance or additional 5 years combined experience in a financial setting.

Licenses, Certifications, Registrations

N/A

Managerial Responsibility

N/A

Computer/Office Equipment Skills

• Advanced skills with Microsoft Office Suite including Outlook, Word, PowerPoint, and Excel
• Experience with analytical and reporting software preferred
• Experience with Symitar, Archer or another financial institutions software

Language Skills

• Demonstrated ability to clearly express ideas, methodology,…