Financial Institution Compliance Analyst III (Non-IT)

NASA Federal Credit Union is in search of an experienced Financial Institution Compliance Analyst with a track record of maintaining awareness of regulatory requirements, risk management issues and best practices affecting financial institution operations.  The Compliance Analyst will participate in or lead compliance-related initiatives and projects, including risk assessments.  This position will ensure disclosures, forms, marketing material, website, etc. meet regulatory requirements.  It will provide focused compliance support to departments as assigned.  The Compliance Analyst must have the ability to manage multiple deadlines in a fast-paced and changing environment. Essential Duties and Responsibilities:  include the following with other duties as assigned. ·       Remains cognizant of and adheres to Credit Union policies and procedures, and regulations pertaining to the Bank Secrecy Act. 

Level I:

• Acts as a regulatory compliance resource and consistently applies sound review and recommendation techniques as they relate to policies, procedures, and regulations.  This responsibility includes the following:
• Maintains awareness of laws and regulations affecting the Credit Union, assists with research and evaluation of the impact on the Credit Union, and works collaboratively with others throughout the organization. 
• Researches and responds to requests from various departments for compliance assistance.
• Participates as a compliance resource on corporate and department projects.
• Works collaboratively with others on the creation and revision of forms, disclosures, policies and procedures, marketing material, etc., to ensure regulatory compliance.
• Works collaboratively with others to research and draft responses to member complaints, as assigned.
• Utilizes a compliance management system to communicate and track regulatory updates.
• Acts as an NMLS Administrator for SAFE Act Compliance.
• Conducts compliance testing and analyses and provides summary reports.
• Creates and revises operational procedures within area of responsibility.
• Participates in professional roundtables as appropriate; networks with other financial institutions and subject matter experts; attends continuing educations as necessary to maintain proficiency with laws and regulations affecting areas of responsibility.

Level II: All Level I responsibilities and the following:

• Develops business cases and leads corporate projects to implement new or revised regulatory requirements.
• Coordinates a comprehensive regulatory compliance training program.
• Coordinates responses to member complaints, including research, drafting and issuance of responses.
• Reviews forms, disclosures, policies and procedures, marketing material etc., for regulatory compliance prior to issuance.
• Reviews operational policies created and maintained by business units for regulatory compliance.
• Researches and evaluates various federal and state laws, regulations and regulatory guidance to ensure Credit Union processes for the various products and services promoted nationwide are compliant and provides summary reports.
• Participates in compliance-related risk assessments, as assigned.
• Participates in risk evaluations of new and changing business opportunities, as assigned.
• Prepares reports by collecting, analyzing, and summarizing information.
• Assists with the maintenance of the record retention program.
• Communicates with external legal and compliance professionals when needed. 
• Assists with the preparation of regulatory comment letters, as assigned.

Level III: All level I and II responsibilities and the following:

• Conducts compliance-related risk assessments and prepares reports for management.
• Conducts compliance risk analyses and prepares reports for management to support in decision-making.
• Monitors remediation of compliance related issues.
• Coordinates complaint management process, including analyzing trends and providing reports to management. 
• Evaluates legal requests, escalating to legal counsel when necessary, and coordinates appropriate response.
• Assists Compliance Operations Program Manager in leading the Compliance Committee and provides summary reports to management.
• Prepares regulatory comment letters as needed.
• Coordinates the maintenance of the record retention program.
• Acts as back-up to Compliance Operations Program Manager when necessary. 

Education and Experience: Knowledge of federal laws and regulations affecting financial institutions is required.

• Knowledge of federal laws and regulations affecting financial institutions is required.  

Level I:

• Bachelor’s degree fro