Senior Compliance Analyst

The Senior Compliance Analyst supports California Coast Credit Union’s (CCCU) Compliance Management System (CMS) by conducing regulatory research, monitoring, documentation updates, and compliance analysis. Ensures adherence to applicable federal and state laws and regulations, across consumer compliance, Bank Secrecy Act (BSA)/Anti-Money Laundering (AML), privacy, lending, operations, marketing, and emerging regulatory expectations.

The Senior Compliance Analyst is a seasoned compliance professional who works across all areas of the CMS, supports internal partners, and contributes to examinations, assessments, issue remediation, training, and risk‑based reviews. This role provides guidance, drafts and revises documentation, and supports implementation of new or changed regulatory requirements.

DIMENSIONS (the depth and breadth of the job in numeric or statistical terms):

•    CMS Support: Performs core responsibilities across the credit union’s CMS, including regulatory change support, policy/procedure updates, monitoring, training assistance, and complaint handling. 

•    Monitoring and Reviews: Supports risk based compliance monitoring and targeted reviews across operational, lending, marketing, and member facing functions. 

•    Compliance Support: Provides timely, accurate compliance guidance to internal partners through the compliance help desk and contributes to issue resolution and documentation. 

NATURE & SCOPE: 

The Senior Compliance Analyst works under the direction of the Compliance Director and AVP, Compliance & Legal to support CCCU’s CMS. The role provides regulatory analysis, documentation support, monitoring, and cross departmental compliance guidance to ensure CCCU meets all applicable federal and state regulatory requirements.

Regulatory Change Management

•    Tracks, analyzes, and documents regulatory changes issued by NCUA, CFPB, FinCEN, OFAC, DFPI, and applicable state laws.

•    Maintains regulatory change logs and coordinates with business units to ensure timely implementation of new or amended requirements.

•    Summarizes regulatory developments and identifies operational impacts to products, services, and internal processes.

Policies, Procedures & Documentation

•    Drafts, updates, and maintains compliance related documentation, including policies, procedures, disclosures, forms, marketing materials, and training content.

•    Ensures documentation aligns with current regulatory expectations and internal standards.

•    Maintains organized records of historical and current compliance materials.

Monitoring & Reviews

•    Conducts or supports a minimum of six (6) risk based compliance reviews per year, focusing on the highest risk areas identified through the Enterprise Risk Assessment.

•    Performs review planning, testing, fieldwork, documentation, and reporting under the direction of management.

•    Evaluates compliance with laws, regulations, and internal standards; drafts findings; and assists with remediation follow up and issue tracking.

Complaint Management & Member Facing Oversight

•    Supports management of the complaint program, ensuring complaints are logged, tracked, analyzed, and elevated appropriately.

•    Conducts UDAAP assessments and reviews of member facing materials to ensure regulatory accuracy and fairness.

•    Provides timely, accurate compliance guidance to business partners through the compliance help desk.

Audit & Examination Support

•    Supports preparation for internal and external audits and regulatory examinations.

•    Coordinates information requests, gathers documentation from business units, and assists with remediation activities related to compliance findings.

•    Maintains CMS documentation to ensure exam readiness at all times.

BSA/AML & OFAC Support

•    Supports BSA operations including CTRs, SARs, Elder Financial Exploitation reviews, Beneficial Ownership requirements, OFAC screening, Monetary Instrument Logs (MIL), and 314(a)/314(b) processes.

•    Utilizes Verafin or similar AML software to support monitoring, investigations, and reporting.

Cross Functional Compliance Guidance

•    Provides clear, well researched compliance interpretations to business units.

•    Assists operational, lending, marketing, and branch staff in resolving compliance issues and understanding regulatory requirements.

Additional Responsibilities

•    Supports development and delivery of compliance training.

•    Contributes to departmental budget preparation.

•    Performs other duties as assigned by management.

EDUCATION, SKILLS, & ABILITIES 

•    Bachelor’s degree in Business, Finance, or related fields.

•    Preferred industry certifications such as Certified Anti-Money Laundering Specialist or similar certifications from reputable government recognized industry organizations.

•    Minimum 7 years recent, directly relevant financial‑institution compliance experience (consumer compliance, BSA/AML, OFAC, operations, lending, privacy).

•    Proficiency in Verafin software or similar AML software is required.

•    Experience in project management and working with auditors and examiners.

•    Strong analytical, communication (oral and written), and personal computer skills. Ability to gather, compile and present data in a clear and logical manner.

•    Must be organized and detail oriented to work efficiently.

•    Must demonstrate the capability to identify the implications of new and revised laws and regulations to the company.

•    Ability to follow directions from a supervisor, interacts effectively with co-workers, follow work rules and work independently.

•    Must have sound writing and grammar proficiency, present numerical data effectively and ability to edit own work for spelling and grammar.

•    Strong computer skills with Microsoft Office.  Symitar experience preferred.

•    Strong organizational skills, attention to detail and the ability to handle multiple simultaneous projects are required. 

•    Operates with independence of judgment and escalates issues consistent with regulatory expectations.

MAJOR ACCOUNTABILITIES 

•    Ensure compliance with all applicable laws, regulations, and internal standards.

•    Support monitoring and implementation of regulatory changes.

•    Contribute to CMS enhancements and training program development.

•    Maintain accurate BSA/AML reporting and compliance controls.

•    Provide exceptional internal service to business unit partners.

PHYSICAL REQUIREMENTS 

•    Ability to tolerate periods of continuous sitting. 

ENVIRONMENTAL CONDITIONS 

•    Work is primarily performed within a cubicle office setting. Subject to standard background noise found in an office environment. 

Note: Staff is expected to perform various tasks, projects and administrative duties as assigned.

Management reserves the right to assign or change duties and tasks to this position at their discretion.

Salary Range (Annually):

$98,827.4160 - $123,534.2700