Compliance Risk Analyst

Join a leader in the Credit Union industry as a member of Suffolk Credit Union's Risk Management/Compliance Team.

Suffolk Credit Union is a nonprofit cooperative financial institution where every member has a voice. We offer you the opportunity to be part of a movement, "where people are worth more than money." Unlike most financial institutions, the earnings of a credit union are returned to its members in the form of lower loan rates, higher interest on savings, and lower fees.

Join our team and discover a rewarding career! We offer competitive salaries, great benefits, and most importantly the opportunity to make a difference.

The Compliance Risk Auditor conducts internal compliance audits and risk assessments at Suffolk Credit Union.

Responsibilities:

• Perform regulatory compliance risk audits and operational process tests, identifying issues and recommendations.

• Conduct risk assessments and testing related to compliance with banking laws and regulations.

• Communicate audit and risk assessment results to management in written reports monthly.

• Maintain up-to-date knowledge of credit union regulations and internal audit practices; complete annual training.

• Review and approve credit union advertisements for compliance.

• Monitor, assign, and trend member complaints.

• Coordinate with legal for reviewing trust, guardianship, and POA documentation.

• Assist with employee training as needed.

• Respond to employee questions about compliance, security, and fraud programs.

• Complete or coordinate special projects as assigned by management.

• Assist in researching suspicious activities or control issues.

• Provide backup for other departmental staff as needed.

Essential Qualifications:

• Knowledge of risk analysis techniques and theories, with a proficient understanding of regulatory environments affecting the financial industry
• Knowledge of the financial industry operations
• Knowledge of facility and information security techniques
• Knowledge of credit union products, services, policies, regulations and procedures
• Knowledge of fraud activity trends and prevention techniques
• Demonstrated skill in preparing audits work papers
• Demonstrated computer and software skills
• Advanced skill with using and analyzing data with spreadsheet software
• Intermediate mathematical and accounting skills
• Ability to handle multiple and complex deadlines
• Ability to express oneself clearly and articulately both orally and in writing
• Skill in gathering, analyzing and compiling complex financial and statistical data
• Skill with independent problem-solving. Ability to exercise tact and responsibility with handling confidential information
• Ability to work with general supervision of daily activities

Qualified candidates will have 3-5 years of compliance, auditing or risk management experience in a financial institution.

Bachelor's degree in Auditing, Risk Management, Finance, Economics or related field required. Equivalent work experience beyond a high school diploma may be substituted for the Bachelor's degree requirement on a year-by-year basis.

Apply today and discover a rewarding career! We offer competitive salaries, great benefits, and most importantly the opportunity to make a difference.

Suffolk Credit Union provides equal employment opportunities to all applicants and prohibits discrimination of any type on the basis of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth and pregnancy-related conditions), gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, genetic information or any other characteristic protected by applicable federal, state or local laws.

The compensation range provided is in compliance with state specific laws. Factors that may be used to determine your actual rate of pay include your specific skills, years of experience, and other qualifications.