What are the responsibilities and job description for the Sr Compliance Specialist position at Arize Federal Credit Union?
Job Description
Job Description
Arize Federal Credit Union is devoted to serving our members and our community by providing financial solutions to everyday challenges and improving the financial well-being of those we serve.
Arize is a $160M (and growing), community-chartered credit union servicing Blair, Centre, Clearfield, Clinton, Huntingdon, Juniata, Mifflin, Snyder and Union counties, with 3 full-service branches in State College and Huntingdon. As all our decisions are made locally, our environment revolves around a culture of teamwork, personal development, community, work-life balance and advocacy.
The Opportunity :
Senior Compliance Specialist; Full-time, in-person in State College, PA
The Senior Compliance Specialist is responsible for providing support and assistance to the Compliance department by reviewing account activity, updating policies and procedures, and assisting in general compliance needs. Assists Compliance Manager in various daily tasks. Provides professional service to members and other staff.
What You’ll Do :
- Compliance Support; Assist with Bank Secrecy Act CIP. Provide back-up support for IAT OFAC / ESO review as necessary. Assist with reviews of reports of cash activity, abnormal activity, file maintenance, dormant accounts. Complete assigned paperwork for Affirm-X Artifact Responses as assigned. Assist in the preparation for audit and regulatory examinations.
- In collaboration with the Compliance Officer, provide operational support in validating that compliance audit findings are resolved and promptly addressed.
- Compliance Research and Training; Attend training on new or updated Compliance Regulations. Conduct research on Compliance related issues, changes, updates as needed. Assist in training development for staff to ensure proper implementation of compliance procedures / policies.
- Compliance-related Procedure Maintenance; Assist in responding to compliance-related procedural questions, suggestions.
- Coordinate Policy reviews; facilitate regular policy review schedule, collaborate with various department heads to update existing policies for review, prepare revisions for final review and approval, and maintain policy records.
- Maintain record retention program and maintain accurate corporate records.
- Deceased Member Process; Receive, record, and validate deceased member records. Review and update related procedures.
- Support the Director of Internal Audit & Compliance in the processing of CTRs, as necessary.
- Perform FinCEN / OFAC processing, monitoring, due diligence, and reporting, as directed.
- Review, process, and work the BSA activity logs. Identify areas that require review and supporting documentation.
- Assume responsibility for related duties and special projects as required or assigned. Process special requests as needed in a prompt manner. Maintain organization and records for assigned special projects. Keep work area clean, secure, and well maintained.
What You’ll Bring :
To Apply : Please submit Resume and Cover Letter
Benefits and Perks : Arize Federal Credit Union provides a secure, stable working environment with financial incentives in addition to salary. Plus a full range of benefits including;
3% Safe Harbor Contribution after 1st month (100% vested)
We ensure that our hiring process is accessible for everyone. If you have a disability or limitation, such as those covered by the Americans with Disabilities Act, that requires accommodations to assist you in the search and application process, please let us know .
Arize is committed to the principle of equal employment opportunity for all employees and applicants, and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Arize are without regard to race, color, age, religion or belief, sexual orientation, family or parental status, or any other status protected by the laws or regulations in the locations where we operate.
Applicants have rights under Federal Employment Laws : Family and Medical Leave Act (FMLA), Equal Employment Opportunity (EEO), Employee Polygraph Protection Act (EPPA)
