Sign upLog in

Compliance Analyst

Provident Credit Union

Redwood City, CA

Apply
JOB DETAILS
SALARY
$32–$42 Per Hour
SKILLS
Accidental Death and Dismemberment (AD&D), Address Management, Analysis Skills, Auditing, Banking Operations, Banking Regulations, Banking Services, Best Practices, Change Management, Condominiums, Corrective Action, Credit Union, External Audit, Health Plan, Healthcare Quality, Insurance, Internal Audit, Interpret Regulations, Legal, Legal Research, Maintain Compliance, Microsoft Excel, Microsoft Office, Microsoft Outlook, Microsoft PowerPoint, Microsoft Word, Monitor Regulations, Needs Assessment, Operational Audit, People Management, Problem Solving Skills, Regulations, Reporting Skills, Risk, Risk Analysis, Risk Management, Service Delivery, Staff Development, Staff Training, Training Program, Truth in Lending Act (TILA)
LOCATION
Redwood City, CA
POSTED
3 days ago
COMPLIANCE ANALYST - (Redwood City, CA)

*** We do not sponsor employment/work visas at this time, if you need sponsorship now or in the future, unfortunately, your application will not be considered ***

Summary:

The Compliance Analyst is responsible for ensuring that the credit union's activities are conducted in accordance with applicable laws and regulations. This role involves proactively identifying, developing, implementing, and maintaining comprehensive compliance programs. The analyst must remain informed about regulatory updates and any changes in relevant laws. Additional duties include investigating and resolving compliance issues, contributing to the development and delivery of staff training programs, and preparing reports to management that identify key risks and outline mitigation strategies.

Why Provident?

Provident Credit Union was established in 1950, and we rank among the top 10% of credit unions in the US. We believe having a culture that is accepting, supportive, diverse, and inclusive makes us all better. Provident has been a Bay Area "Top Workplace" since 2017, and our employees rank us on Glassdoor as one of the best credit unions in the nation.

Our values are:
  • Listen
  • Get Better
  • Do What's Right
Essential Functions:
  • Review and analyze regulatory and legal changes affecting financial institutions to determine applicability and impact to the credit union.
  • Review various aspects of the credit union's operations, including transactions, member accounts, products, and services, to ensure they adhere to federal, state, and local banking laws and regulations.
  • Perform risk assessments and regulatory change management process to address potential compliance gaps.
  • Research regulatory or legal questions for departments or teams assigned. Play an active role on projects by providing guidance on compliance issues.
  • Prepare and submit compliance reports to management highlighting key compliance risks and mitigation strategies.
  • Help with training staff on new or updated policies and directives, identify training needs, and provide guidance on compliance best practices.
  • Investigate and resolve compliance issues and recommend appropriate corrective actions when necessary.
  • Assist with ERM and BCP assessments and plans
  • Provide support during audits and examinations conducted by regulatory agencies and external auditors
  • Complete the required BSA & OFAC training annually.
  • Performs other duties as assigned
QUALIFICATIONS:

Education/Work Experience/Knowledge, Skills & Abilities:
  • Associate or bachelor's degree in a related field of equivalent combination of education and relevant experience.
  • 3- 5 years of experience in a banking or credit union environment, with exposure to compliance, risk, audit, operations, or related functions.
  • 2+ years of compliance experience or formal training preferred, such as regulatory monitoring, audits, testing, policy support, or issue remediation.
  • Strong working knowledge of Microsoft Office applications, including Word, Excel, Outlook, and PowerPoint.
  • Familiarity with banking or credit union regulations such as California Credit Union Law, NCUA Rules and Regulations, Truth in Savings Act, Truth in Lending Act, Expedited Funds Availability Act, the Privacy Act.
  • Ability to read, analyze, and interpret regulatory guidance, policies, procedures, and internal reports.
  • General understanding of credit union or bank operations, including branch operations, policies, and procedures.
  • Demonstrates solid working knowledge of credit union branch operations, policies, and procedures.
  • Consistently demonstrates a commitment to delivering exceptional service to members and colleagues with every interaction.
  • Certified Regulatory Compliance Manager (CRCM/CUCO) preferred
  • Internal auditing training or similar coursework
Benefits you will enjoy:
  • Quality medical, dental and vision care coverage
  • 401(k) retirement plan with up to 150% matching employer contributions
  • Annual discretionary bonus
  • Generous paid time off and paid holidays
  • Flexible spending accounts
  • Employee Referral Bonus
  • Short and long-term disability coverage
  • Life and AD&D insurance
  • Provident membership
  • Rate discount on home and auto loans
  • Opportunity to use company owned condo in Maui and Lake Tahoe

Compensation:

Pay Grade is P2. This position is eligible for our twice-a-year discretionary bonus.

Targeted Hourly Pay: $32.00 - 42.00 / hour (Depending on experience)

Provident is an Equal Opportunity Employer

We are the winner of the Bay Area News Group Top WorkPlace in 2017 - 2026. Check us out on Glassdoor

About the Company

P

Provident Credit Union

Currently the 91st largest credit union in the US (18th largest in California), Provident Credit Union was established in 1950 to serve the California Teachers Association. Headquartered in the San Francisco Bay Area, Provident Credit Union now serves more than 100,000 members from over 1200 employer groups and maintains branches throughout California, and nationwide. Provident Credit Union is committed to the safety of our members' deposits. With over 1.9 billion dollars in assets, Provident has earned a reputation for absolute safety and soundness. Additionally, we hold 11% of our assets in reserve, a figure greatly exceeding that of most banks. Plus, your savings are insured to $250,000 per membership (with an additional $250,000 per IRA) by the National Credit Union Administration (NCUA).

COMPANY SIZE
1,000 to 1,499 employees
INDUSTRY
Banking
EMPLOYEE BENEFITS
Paid Sick Days, Prescription Drug Coverage, Professional Development, 401K, Childcare, Flexible Spending Accounts, Tuition Reimbursement, Life Insurance, Merchandise Discounts
FOUNDED
1950
WEBSITE
https://www.providentcu.org/index.asp?i=home