What are the responsibilities and job description for the Payment Services Compliance Specialist (Compliance Specialist) position at SchoolsFirst Federal Credit Union?
We're always looking for diverse, talented, service-oriented people to join our exceptional team.
Payment Services Compliance Specialist (Compliance Specialist)
The pay range for this position is listed below. Our pay ranges are built to allow for candidates with various levels of skill and experience to be considered, as well as for room for growth and tenure achieved in a role over time. Typical new hire salary offers fall within the minimum to midpoint of a pay range for many candidates. Any offer extended to a candidate will be based upon their unique set of knowledge, skills, education, and experience as well as internal equity.
Pay Range : 28.45 - $41.25
Scheduled Weekly Hours :
What You'll Be Doing
Assists department with guidance and implementation of regulatory and operational changes through personnel training, form changes, and creation and revision of standard operating procedures. Collects, interprets, and disseminates regulatory information to credit union management.
- Monitors and interprets regulatory and policy changes affecting the business unit and evaluates the potential impact those requirements may have. Makes recommendations for appropriate actions necessary to maintain compliance.
- Ensures compliance with policies, procedures and applicable laws and regulations. Communicates such information to affected management personnel and ensures that corrective action is taken for identified compliance issues.
- Reviews credit union forms, disclosures, and letters for compliance with regulations.
- Investigates and resolves compliance issues or questions received from credit union management, team members, and government agencies. Acts as a resource for questions regarding regulatory issues.
- Recommends and reviews training programs to increase team member awareness and knowledge of applicable compliance policies. Update and disseminate information regarding laws and regulations.
- Performs operational and compliance audits within the business unit, in conjunction with the internal auditor. Track and report on issues and recommendations.
- Assess risk potential of current procedures and institute new procedures that minimize loss exposure.
Additional Job Functions
Qualifications
SchoolsFirst FCU is committed to Diverse, Equitable, and Inclusive Hiring
At SchoolsFirst FCU we are dedicated to building and growing a diverse, inclusive, and authentic Dream Team, so if you're excited about a position or wanting to make a career change but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyway. Many skills are transferrable and you may be just the right candidate for the position, or for other roles we are working on.
SchoolsFirst Federal Credit Union is committed to fostering, cultivating, and preserving a culture of diversity and inclusion. SchoolsFirst FCU is an equal opportunity employer and prohibits discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibits discrimination against all individuals based on their race, color, religion, sex, national origin, age, sexual orientation, gender identity or expression, political affiliation, or genetic information.
This organization participates in E-Verify.
Salary : $28 - $41
