Senior Compliance Auditor

Our headquarters in Sacramento contains the core functions that support our mission to deliver financial solutions with value, convenience and exceptional service to our members.

JOB TITLE: SENIOR COMPLIANCE AUDITOR 

DEPARTMENT: CORPORATE COMPLIANCE

STATUS: EXEMPT

JOB CODE: 4366

PAY SCALE: $81,400.00 - $100,000.00 Annually

GENERAL DESCRIPTION:

The Senior Compliance Auditor will be responsible for assisting the Snr Manager Compliance Monitoring & Quality Assurance in the execution of the Compliance Monitoring Program. The Auditor leads the planning and execution of Compliance Reviews designed to identifying internal control gaps and recommending options for improvement based on potential regulatory risk. This position has the authority to investigate and report the findings to Senior Management for further consideration and corrective action.

TASKS, DUTIES, FUNCTIONS:

1. Under the direction of the Senior Manager –Compliance Monitoring & QA, assist with the development and maintenance of the Credit Union’s Compliance Monitoring Program.
2. Conduct second line Compliance Reviews according to schedule to support ongoing business line compliance with applicable regulations and provide feedback to business owners in support of compliance efforts.
3. Responsible to review all work papers to ensure documentation is in accordance with department standards to support compliance monitoring functions and conclusions.
4. Assists responsible management in addressing exceptions from audits, reviews, or examinations.
5. Coordinate & plan meetings, lead discussions with business units and compliance subject matter experts to recommend and implement solutions to compliance issues.
6. Make recommendations to management regarding policies, procedures and/or controls to improve ongoing compliance efforts.
7. Analyze testing results to identify trends/anomalies, provide feedback and suggestions on potential process enhancements to improve business unit compliance.
8. Promote compliance awareness across the organization by establishing and maintaining relationships with key business lines and functional stakeholders.
9. Maintain a thorough understanding of state and federal laws and regulations related to regulatory consumer protection compliance.
10. Promote compliance awareness across the organization by establishing and maintaining relationships with key business lines and functional stakeholders.
11. Maintain a thorough understanding of state and federal laws and regulations related to regulatory consumer protection compliance.
12. Review and approve work completed by Compliance Specialists.

PHYSICAL SKILLS, ABILITIES, AND EXERTION UTILIZED IN THE PERFORMANCE OF THESE TASK:

1. Effective oral and written communication skills required to proofread, review, summarize, and report on complex government rules, regulations, and guidance.
2. Must possess sufficient manual dexterity to skillfully operate an on-line computer terminal and other standard office equipment, such as financial calculators, personal computer, facsimile machine and telephone.

ORGANIZATIONAL CONTACTS & RELATIONSHIPS:

1. INTERNAL: All levels of staff.
2. EXTERNAL: Vendors, management and the staff of other financial institutions.

QUALIFICATIONS:

1. EDUCATION: bachelor’s degree in business administration or associate degree coupled with commensurate experience in business communications, analysis and/or regulatory compliance. May be considered if individual demonstrates skill level appropriate for the position.
2. EXPERIENCE: Minimum of five years’ experience in regulatory compliance, risk, or internal audit for a financial institution including an emphasis on regulatory compliance, project management, customer service, branch operations, complaint resolution, and problem-solving.
3. KNOWLEDGE / SKILLS:

• Knowledgeable of compliance laws, rules, regulations (with a special emphasis on consumer protection regulations), and procedures. Sound knowledge of principles of business.
• Ability to communicate at a management level (oral and written) and work well with others in a dynamic team environment.
• Demonstrated ability to utilize a consultative approach with Senior Management.
• Strong foundation in credit union philosophy, member service and operational processes.
• Ability to work effectively and collaboratively within the department, with business unit owners, and others outside of the credit union.
• Strong problem-solving, credit union operations, and organizational skills with the ability to present information logically.
• Ability to positively communicate suggested solutions and alternate outcomes.
• Ability to multi-task effectively and meet deadlines with limited supervision.
• Possess the ability to work independently with minimal direction and exhibit initiative.
• A background in regulatory compliance would be helpful but is not required.
• Demonstrated ability to think critically and analyze and communicate complex information to all levels of management and staff.
• Proficiency in Microsoft Word, Excel, and PowerPoint as well as Adobe Acrobat Pro and

SharePoint.

PHYSICAL REQUIREMENTS:

1. Prolonged sitting throughout the workday with occasional mobility required.
2. Corrected vision within the normal range.
3. Hearing within normal range.  A device to enhance hearing will be provided if needed.
4. Ability to lift 15 lbs. as may be required.
5. Occasional movements throughout the department daily to interact with staff, accomplish tasks, etc.

LICENSES / CERTIFICATIONS:

Certified Internal Auditor (CIA) or equivalent preferred. Compliance Certification (or obtained within one year of hire) required; and/or Credit Union Compliance Expert (CUCE), NAFCU’s Certified Compliance Officer (NCCO), Certified Bank Compliance Officer (CBCO), Certified Regulatory Compliance Manager (CRCM), Certified Public Accountant (CPA).

#LI-Hybrid 

THIS JOB DESCRIPTION IN NO WAY STATES OR IMPLIES THAT THESE ARE THE ONLY DUTIES TO BE PERFORMED BY THIS EMPLOYEE. HE OR SHE WILL BE REQUIRED TO FOLLOW OTHER INSTRUCTIONS AND TO PERFORM OTHER DUTIES REQUESTED BY HIS OR HER SUPERVISOR THAT ARE WITHIN HIS / HER KNOWLEDGE, SKILL AND ABILITY AS WELL AS HIS / HER MENTAL AND PHYSICAL ABILITIES.

REV. 3.28.2024

We appreciate your interest in joining the Golden 1 team! If you are selected to participate in the interview process we will contact you.