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Redwood Credit Union · 2 months ago

Senior Compliance Analyst - Mortgage

Santa Rosa, California

Full-time

Onsite

Senior Level

$98K/yr - $129K/yr

6+ years exp

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. The role involves providing guidance and leadership to other team members in Compliance and planning, organizing, and performing Compliance activities and projects.

Finance

Growth Opportunities

No H1B

Responsibilities

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

Qualification

Regulatory compliance analysisRisk managementCompliance Officer CertificationFinancial services experienceAnalytical skillsCommunication skillsOrganizational skillsInterpersonal skillsAttention to detailTeamwork

Required

Comprehensive knowledge of laws, regulations, principles, and processes related to financial institutions

Strong analytical/problem solving, communication, organizational and interpersonal skills

Insight and judgment to initiate timely and appropriate action

Must possess meticulous attention to detail

Thorough knowledge of and ability to use and navigate internet and intranet applications with proficient skill in the operation of a PC and use of Microsoft Office software

Ability to oversee work processes and provide guidance and mentorship to junior team members

Ability to communicate complex ideas effectively, both verbally and in writing

Ability to establish and maintain effective working relationships with diverse groups of people

Ability to effectively research and report on complex legal issues

Ability to organize, coordinate and prioritize a variety of activities simultaneously

Ability to act independently and confidentially, using discretion, and tact

Ability to distinguish and manage confidential material and information

Ability and desire to work in a team environment, with ability to perform work independently

Compliance Officer Certification (NCCO, CUCE, or equivalent) is required

The ideal candidate has a combination of education and experience equivalent to a bachelor's degree in business, pre-law, or related discipline, with a minimum of six years' experience in financial services industry, regulatory compliance, insurance industry, financial institution internal audit, or risk management

Benefits

Competitive medical, dental, and vision insurance, mental health offerings

Employee performance incentive plan

Salary Advancement– Merit increase based on performance

401(k) program with employer match

Time Off- Competitive PTO accrual plus 11 paid company holidays and your birthday off!

RCU employees are eligible for a .75% discount off RCU standard collateral auto loans

RCU employees are eligible for a 1% discount on all recreational or boat loan products

2% discount off Visas and LOC Loans through RCU

0% interest loan to support employees with various immigration related expenses such as visa application fees and relocation costs. Loan amount up to $1,000.

0% interest loan to support employees with expenses associated with the naturalization process. Loan amount up to $15,000.

0% interest on garment, fitness, or home office equipment loan of up to $500

100% financing for employee purchased homes!