What are the responsibilities and job description for the Senior Compliance Analyst position at Lighthouse Credit Union and Careers?
OUR LEADERSHIP PHILOSOPHY
At Lighthouse Credit Union, we believe all individuals, regardless of position level, are considered leaders. By providing a framework
that balances clarity with adaptability, our Leadership Competencies aim to foster a culture of continuous growth and agile
leadership. Lighthouse Credit Union is committed to embracing change, nurturing leadership talent, and ensuring our performance
management practices are aligned with our vision of fostering a resilient and forward-thinking organization. As such, we all hold
ourselves accountable to the following:
LEADERSHIP COMPETENCIES
Demonstrates Interpersonal Awareness & Skills
A cornerstone of our collaborative work environment, this competency emphasizes effective communication, relationship
building and teamwork. It also supports creating a positive work environment that values individual contributions and
fosters teamwork. As an individual leader, you will demonstrate active listening, clear communication, and contribute
beneficially to team dynamics.
Embraces Change & Learning
This competency focuses on adaptability, personal development and the advocacy and embracing of progressive change.
You will be challenged to explore continuous learning opportunities to achieve excellence and foster a culture of growth and
innovation. As an individual leader, you will actively engage in personal development, embrace change enthusiastically and
support team members in their growth. You will also demonstrate flexibility and adaptability in response to changing
circumstances.
Utilizes Critical & Creative Thinking
Underlining the importance of innovative problem solving, challenging the status quo and strategic thinking, this
competency is vital for driving excellence and leadership. This competency challenges team members to take initiative
beyond one’s immediate responsibilities. As an individual leader, you will actively look for and share opportunities for
improvement, show open-mindedness to new ideas and professionally challenge inefficient processes. You will also actively
contribute to defining solutions and promoting innovation.
Takes Personal Ownership
This competency focuses on taking responsibility for performance goals, proactive collaboration, and accountability. It
highlights the significance of each team member taking ownership of their role and contributions while demonstrating
leadership qualities regardless of their position. As an individual leader, you will be actively engaged in setting and achieving
performance goals, take responsibility for personal action and decisions and seek opportunities for self-improvement and
skill development.
POSITION SUMMARY
The Senior Compliance Analyst plays an important role in maintaining and enhancing the Credit Union’s Compliance Management
System (CMS). The position provides advanced compliance expertise by conducting compliance monitoring reviews, reviewing
consumer complaints for compliance-related concerns, reviewing marketing materials for adherence with regulatory requirements,
and assisting with regulatory change management. This role ensures that lending, deposit, marketing, and operational activities
comply with applicable federal and state laws and regulations while minimizing legal and reputational risk. The position serves as a
key resource to management and staff and requires strong analytical skills, attention to detail, and the ability to manage multiple
priorities in a fast-paced environment.
- Leads compliance monitoring reviews independently or in conjunction with others to assess the effectiveness of internal
- Lending-related regulations
- Deposit-related regulations
- Supervisory guidance and best practices, as applicable to the Credit Union’s products and services.
- Evaluates management responses to compliance monitoring reviews for adequacy and effectiveness; and track findings and
- Reviews, approves, and provides guidance on advertising, marketing, and promotional materials to ensure compliance with
messaging/emails and other forms of advertising media.
- Assists business lines in reviewing forms, disclosures, terms and conditions, and other consumer-facing materials for
- Tracks and participates in the analysis of new, changing, and existing federal and state laws and regulations to identify
- Assists in the preparation of compliance-related reports and content for quarterly Enterprise Risk Management Committee
- Maintains and supports the complaint management process, including tracking the number of complaints and performing a
- Ensures identified compliance issues are escalated appropriately and that corrective actions are implemented and
- Evaluates new products and changes to existing products to ensure regulatory requirements and compliance risks are
- Collaborates with business units and stakeholders on the development, revision, and implementation of compliance-related
- Assists Compliance Director with regulatory examinations, internal or external audits, and third-party consultant
communication with examiners, auditors, and internal stakeholders.
- Serves as a resource and support Credit Union management and employees by responding to compliance-related questions
- Maintains professional and technical knowledge by attending training and workshops, reviewing professional publications,
- Strong decision-making, analytical, and organizational skills with exceptional attention to detail and the ability to assess
- Ability to prioritize, multi-task, and manage competing deadlines effectively in a fast-paced environment.
- Excellent verbal and written communication skills, including the ability to prepare clear reports, document findings, and
- Ability to analyze complex and nuanced factual situations, apply regulatory and functional principles, and advise business
- Proven ability to work independently and collaboratively across departments, influencing outcomes and driving compliance
- Self-motivated and proactive, with the initiative to address challenges, identify opportunities for improvement, and ensure
- High level of professionalism, integrity, and sound judgment, with a solution-oriented and business-focused approach to
- Knowledge of banking or credit union regulations related to lending, deposits, marketing, and consumer protection.
- Bachelor’s or Associate degree; and four (4) or more years in banking or credit union compliance; legal or regulatory roles
- Certifications such as CRCM, CUCO, or similar is preferred.
WORK ARRANGEMENT
The working arrangement for this position is hybrid. Hybrid work is an opportunity to find the right balance between working in the
office and remotely, especially if it supports individual success and the needs of our organization. Hybrid schedules are determined
by the hiring manager based on business unit needs and may vary by department.
- Must be able to walk, stand, sit, speak, read, write, see, hear, push, or pull (with or without accommodation).
- Frequently remains sitting in a stationary position for extended periods of time operating office/computer equipment.
- Occasionally lifts and/or moves up to 20 pounds.
TRAVEL REQUIREMENTS
Travel will be required for ongoing training, meetings, and/or other business needs.
DISCLAIMER
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job.
They are not intended to be an exhaustive list of all responsibilities, duties and skills required.
LIGHTHOUSE CREDIT UNION IS AN EQUAL OPPORTUNITY EMPLOYER