What are the responsibilities and job description for the Compliance Specialist position at Municipal Employees Credit Union Of Oklahoma City?
Keep up-to-date with federal and state laws and regulations that apply to credit unions and ensure the credit union is in compliance.
Ensure departments are in compliance with all laws, regulations and policies to safe guard the credit union.
Recommend changes to policies to improve compliance and operational efficiency.
Ensure compliance is met with our BSA and Money Laundering program.
Make sure reporting is completed in the time allotted and research unusual transactions to guarantee timely submission of reports.
Oversee vendor management systems are updated and reviewed in timely manner.
Perform compliance risk assessments and develop risk management strategies. Prepare and submit regulatory reports.
- Three years to five years of financial institution or similar or related experience.
- A high school education or GED.
- Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation.
- Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.
- Work is performed in an office environment.