Association of Certified Anti-Money Laundering Specialists (ACAMS)

Compliance Risk Specialist

OnPoint Community Credit Union
Portland, Oregon, United States
6 days ago

Description

JOB SUMMARY

Assists Compliance Manager by leading the Credit Union’s efforts as they relate to compliance with laws and regulations. Primary focuses may include deposit-related compliance, including compliance monitoring reviews, marketing material reviews and complaints management. Researches operational compliance questions and issues. Deposit, mortgage and consumer lending-related compliance and Bank Secrecy Act, USA Patriot Act, Office of Foreign Assets Control knowledge, and other related regulations involving anti-money laundering and suspicious activity on members’ accounts will be beneficial in this role.

 Essential Functions:

  • Supports the Compliance Manager in the continued development and implementation of compliance programs and ensures adherence to regulatory agency directives, memoranda, interpretive rulings, laws and regulations affecting the Credit Union.
  • Interprets new regulations working in conjunction with impacted business units and processes, to include ensuring that policies and procedures reflect the spirit and intent of such regulations. This may include updating forms, working cooperatively with business units to determine and write procedures that meet both OnPoint and regulatory needs, and testing performance with implemented processes to ensure understanding and compliance.
  • Responds to branch and department inquiries about compliance issues, utilizing appropriate sources for accurate research.
  • Stays current on industry standards, trends, and proposed and actual changes relating to relevant compliance topics.
  • Supports credit union staff by updating current or drafting new, written policies and procedures.
  • Participates on project teams as needed to ensure compliance needs are met for new products and processes.
  • Drafts compliance risk assessments.
  • Supports Credit Union audit and examination processes.
  • Researches operational compliance questions posed by Credit Union personnel, auditors and examiners.
  • Reviews marketing messages and materials for compliance and suggests edits as needed.
  • Performs monitoring reviews to ensure Compliance with regulations.
  • Performs other tasks as assigned by the Compliance Manager or SVP/Chief Risk Officer.

Knowledge, Skills and Abilities:

  • Thorough knowledge of deposit, lending and/or BSA/AML/OFAC laws and regulations affecting the Credit Union.
  • Demonstrated knowledge and experience with XP2 or similar core operating system, Verafin and desktop software tools such as Excel, Access and Word. Encompass or similar mortgage lending origination and servicing systems a plus.
  • Demonstrated excellent verbal and written communication skills, and ability to maintain confidentiality.
  • Demonstrated strong organizational skills, with ability to prioritize and coordinate a variety of assignments simultaneously.
  • Ability to work independently and function under limited supervision, while exercising good judgment, speed and accuracy.
  • Ability to work effectively with various teams, exhibiting strong interpersonal skills.
  • Identifies tasks, creates and manages a project plan in coordination with other departments.


Requirements

  • Minimum one to three years’ exposure in pertinent compliance area(s), and related issues and reporting requirements.
  • Experience using Excel and Word to perform responsibilities and generate accurate and meaningful information and reports.
  • Bachelor’s Degree in Finance, Business or related field preferred. Agency certification as a compliance specialist/expert, and previous experience in compliance, branch operations and lending preferred.

Job Information

  • Job ID: 57854226
  • Location:
    Portland, Oregon, United States
    Portland, Oregon, United States
  • Position Title: Compliance Risk Specialist
  • Company Name: OnPoint Community Credit Union
  • Industry: Banking / Accounting / Financial
  • Job Function: Other
  • Job Type: Full-Time
  • Job Duration: Indefinite
  • Min Education: BA/BS/Undergraduate
  • Min Experience: 1-2 Years
  • Required Travel: None

Please refer to the company's website or job descriptions to learn more about them.

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