Compliance Specialist

When joining USF Federal Credit Union, you can expect to work for a company that:

• Strives to be the most influential partner in our Members' financial journey.
• Has been recognized with awards such as the Sterling Governor's Award for Excellence and League of Southern Credit Unions & Affiliates Credit Union of the Year.
• Has a culture of engagement, growth, process improvement and community volunteerism.
• Received the Top Places to Work award for 2024 & 2025 in Financial Industries.

What's in it for you:

• Competitive pay, robust incentive programs, 401k matching, Mortgage and Auto Loan discounts
• 4 weeks minimum paid time off work, work anniversary paid time off, 11 paid holidays and 8 hours paid volunteer time off.
• Medical, Dental and vision plans with FSA option. (Employee Only Premiums for Dental and Vision are 100% Credit Union covered).
• 100% Credit Union Paid Short-Term and Long-Term Disability and Life Insurance
• Employee Assistance Program
• Undergraduate and Graduate Tuition Reimbursement
• In-depth New Employee Orientation showcasing Credit Union Values and Vision
• A Think Big culture dedicated to performance excellence and continual growth

Position Summary:

The Compliance Specialist is responsible for the day-to-day oversight and monitoring activities for the Credit Union's regulatory compliance program. This position helps to ensure the Credit Union maintains effective safe and sound business practices and remains compliant with all related laws, rules and regulations applicable to the credit union. The Compliance Specialist evaluates, recommends, and assists in the development of compliance risk management strategies. The Specialist may act as a consultant to employees of the credit union when building processes or implementing new products or services to ensure sound internal controls.

Essential Functions & Additional Responsibilities

• Keeps abreast of all applicable laws and regulations. Disseminate information, answer questions/inquiries, and be a subject matter expert for the credit union on all compliance-related issues. This includes the use of GRC system notifications ensuring all regulatory updates are assessed for impact and appropriate steps are taken to mitigate compliance risk.
• Evaluate and assess compliance risk exposure in credit union's policies, procedures, products, and programs to ensure compliance with applicable laws and regulations. Work with the business lines to identify and implement effective controls related to their regulatory requirements.
• Participate in the Policy Review Committee.
• Provide compliance support for major initiatives while positively working with management toward resolution of significant compliance risk or opportunities. This includes taking part in Credit Union projects and process improvement initiatives to assist in regulatory impact identification and mitigation.
• Manage the compliance monitoring review process, including but not limited Fair Lending Program and consumer complaints. Work with the business lines to identify the root cause of any errors found and provide advice and support regarding any resulting remediation. Ensure trends are identified and addressed with business unit leadership and Director of Risk & Compliance.
• Provides audit support to the Internal Audit team before, during and after the audit being performed.
• Responsible for File Maintenance reviews.

Education & Experience:

• Bachelors Degree preferred
• Role appropriate certifications or other professional designation desirable (i.e., CCUIA, CIA, BSACS, CUCE, etc.). May be required to attain certification within 12 months of hire
• 1-3 years' experience working within financial industry regulatory compliance preferred.
• Previous credit union experience preferred.
• Knowledge of the regulations governing financial institutions preferred

Reports To:

Director of Risk & Compliance

Other Skills:

• Ability to multi-task under pressure.
• Deadline driven.
• Strong time management and organizational skills.
• Excellent analytical and decision-making abilities.
• Able to communicate effectively and tactfully with members and employees both orally and in writing.
• Self-reliant, critical thinker, problem solver, results oriented.
• Ability to motivate or influence others with a significant level of diplomacy and trust.
• Demonstrated interpersonal and collaboration skills.
• Excellent presentation skills, confident in all settings with individuals at all levels of the organization both internal and external.
• Proficient in Microsoft Word, Power Point, Excel, and Outlook
• Must demonstrate a functional knowledge of the Bank Secrecy Act in addition to other Federal laws, including but not limited to U.S. Patriot Act, Office of Foreign Assets & Control, Anti-Money Laundering, Right to Financial Privacy Act, and the Bank Bribery Act.

Work Environment:

Hybrid work environment: In-office 1-2 days per week.

Physical Requirements:

Sitting frequently, walking occasionally, use of hands frequently, walking occasionally, use of hands frequently, hearing constantly, talking frequently, exerting up to 10lbs of force occasionally to life, carry, push, pull, or move objects.

Position Type/Expected Hours of Work:

40 hours per week.

Classification:

Exempt

Other Duties:

Please note this job description is not a comprehensive list of activities, duties or responsibilities that are required in this position. Duties, responsibilities and activities may change at any time with or without notice.

About Us:

For 65 years, USF FCU has experienced rapid growth and is dedicated to delivering financial solutions to improve our members' lives. Our success is thrilling, but our core values of excellence, passion, innovation, community, and collaboration mean our relationships with our members and our employees will always be our top priority We have grown to over 73,000 members and $1.1 billion in assets, robust online and mobile banking, 9 branch locations and thousands of shared branches and fee-free ATMs nationwide.

Our vision is to be the most influential partner in each member's financial journey.

Our mission is to deliver financial solutions to improve members' lives.