Compliance Specialist II Job Smithfield area,Rhode Island USA,Finance & Banking

ABOUT THE ROLE:

Under the general supervision of VP Compliance, the Compliance Specialist II supports the credit union's enterprise‑wide Compliance Management System (CMS) with a focus on leading and executing the second line compliance monitoring and assurance activities. This role independently manages assigned compliance functions, performs risk‑based monitoring and testing, and provides guidance to business units and junior staff. The Compliance Specialist II serves as a subject‑matter resource and helps ensure adherence to applicable federal and state regulations.

WHAT YOU WILL DO:

Leads and conducts periodic, risk‑based compliance monitoring reviews covering deposit, lending, advertising, and other regulatory requirements

Performs transaction testing, file reviews, and control effectiveness assessments

Documents findings, root causes, and recommendations; tracks and validates corrective actions

Contributes to the development and refinement of the risk‑based compliance monitoring program and schedule

Oversees HMDA data validation, including error identification and remediation tracking

Reviews marketing materials (digital, print, branch signage, social media) for compliance with Reg DD, Reg Z, UDAAP, and applicable fair lending requirements

Supports the complaint management process, including identification of regulatory concerns, UDAAP risk, and trends

Performs root cause analysis and provides recommendations for remediation

Supports preparation of regulatory reports and examiner/auditor information requests

Provides guidance and responds to compliance inquiries from business units on regulatory requirements and operational application

Assists in developing and delivering compliance training for staff and management

Communicates regulatory changes and operational impacts clearly and effectively

Assists with review and updates of compliance‑related policies, procedures, checklists, and job aids

Supports alignment of CMS components with the Three Lines of Defense model, risk taxonomy, and risk appetite

Provides guidance and informal mentorship to Compliance Specialist I staff, including review of work products where appropriate

Performs all other duties as assigned by the VP, Compliance

QUALIFICATIONS:

Education

High school diploma or GED equivalent required;
Bachelor's degree in Business, Finance, Risk Management, or related field preferred

Experience/Skills/Knowledge

3-6 years of progressive compliance, audit, or regulatory experience required

Experience working independently in a regulated financial environment required

Strong analytical and problem‑solving skills required

Must have advanced written and verbal communication abilities

Must have the ability to manage multiple priorities and deadlines with an effective outcome

Must have strong service orientation aligned with the credit union's mission and values

Experience with complaint program management and analysis required

Must be able to deal with confidential information

Experience with risk management and GRC systems (e.g., Archer) preferred

CRCM or similar compliance certification preferred

BENEFITS:

Robust medical and dental plans
Vision benefits
401(k) with generous employer match
Tuition reimbursement
Competitive salaries
Paid volunteer days
Professional development and career advancement opportunities

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