Senior Compliance Analyst

Senior Compliance Analyst page is loaded## Senior Compliance Analyst locations:
Sandy, UTtime type:
Full time posted on:
Posted Todayjob requisition :
R19219#
** 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
** The Senior Compliance Analyst is a critical member of Mountain America’s Compliance Risk team, a 2nd line of defense function, that assists in the management of the credit union’s Compliance Management System (CMS) 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.

The Senior Compliance Analyst maintains expert-level knowledge of operations and deposit account regulations and credit union policies and assists in providing end-to-end compliance support for specific regulations and credit union products, services, and programs.#
** Job Description
**** LOCATION
* * Mountain America Center - Hybrid:9800 S Monroe St  Sandy, UT 84070
** SCHEDULE
* * Full Time To be effective, an individual must be able to perform each job duty successfully.
* Assist management with the implementation of comprehensive testing parameters to ensure compliance effectiveness
* Assist management with the collection and analysis of testing data, utilizing analytics tools to generate actionable insights and produce insightful reports for management review
* Conduct risk-based testing and targeted reviews
* Perform testing of controls to mitigate compliance risk
* Maintains expert-level knowledge of applicable regulations and credit union policies to support strategic planning, perform compliance assessments, assess company practices, support research and risk processes, and manage projects
* Thoroughly document and report findings to all levels of management
* Identify control improvements for monitoring risk
* Collaborate with other business units to obtain documentation for compliance purposes
* Review internal operating policies, programs, and procedures periodically to ensure adherence to laws, rules and regulations
* Assist in developing and reviewing compliance training materials related to operations and deposit account processes to ensure adherence to laws, rules and regulations
* Document assessments and reviews through formalized reports including an analysis of the findings, issues, recommendations and remediation
* Responsible for resolution of compliance issues through oversight of team performance of compliance assessments, providing insight and feedback necessary to the development of effective remediation plans
* Assist the Compliance Risk team with inquiries related to operations and deposit account regulations, and/or Lending regulations best practices and industry standards
* As a subject matter expert, advises in the creation or adaptation of existing processes and procedures to ensure compliance
* Monitor and partner through the implementation of regulatory changes into business operations in a comprehensive, timely, and collaborative manner ensuring updates to processes and procedures are formalized through written procedures
* Develop and maintain an effective working relationship with BUs and all levels of management
* 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 union policies and the hierarchy of decision making
* Pertaining to lending, Complies with all regulations as required by law, including but not limited to Reg. B, Reg. Z, RESPA, HMDA, Fair Lending, FCRA, UDAAP and CARD Act
* 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 8 years progressive experience in a financial institution with a minimum of 4 years direct  experience in research, risk management and/or compliance.
** Education
* * Bachelor’s degree from an accredited institution in business, finance or related field. Experience may be substituted for formal education.
** Licenses, Certifications, Registrations
** N/A
** Managerial Responsibility
** N/A
**…