Compliance Risk Analyst

At Suffolk Credit Union, we empower our members and strengthen our community by promoting financial wellness, transparency, and respect. Join us to enjoy comprehensive benefits, including health plans, lifestyle spending accounts, 401(k) matching, and support for work-life balance, along with employee engagement activities and opportunities for community involvement.

Role Overview: The Compliance Risk Analyst conducts internal compliance risk audits and assessments, ensuring regulatory adherence and policy compliance. Identifies and reports audit issues, monitors risk trends, and communicates findings to management. Assists in employee training, regulatory reviews, and investigations while maintaining up-to-date knowledge of financial regulations.

Key Responsibilities:

• Conduct regulatory compliance risk audits as per schedule, identifying and documenting issues and recommendations.
• Perform operational risk audit tests, including branch audits, and document findings.
• Conduct compliance risk assessments and testing to ensure adherence to banking laws and regulations.
• Report risk assessment and audit results to management through monthly written reports.
• Maintain updated knowledge of relevant regulations, standards, and internal audit practices, completing required training annually.
• Review and approve credit union advertisements for compliance.
• Monitor, assign, and track trends in member complaints.
• Coordinate with legal teams to review trust, guardianship, and POA documentation.
• Assist in employee training related to compliance, security, and fraud programs.
• Support investigations into suspicious activities or control issues as needed.
• Ensure at least a "Satisfactory" rating on internal audits and examinations.
• Provide backup support to other departmental staff and complete additional duties as assigned.

Essential Qualifications:

Qualified candidates will have a Bachelor's degree in a business related field, equivalent work experience may be substituted for the degree requirement on a year-for-year basis. Three (3) to five (5) years of compliance, auditing, or risk management experience in a financial services institution is required.

• Strong knowledge of credit union deposit and lending regulations, products, services, policies, and procedures.
• Proficient understanding of risk analysis techniques, regulatory environments, and financial services compliance.
• Skilled in gathering, analyzing, and compiling complex financial and statistical data.
• Expertise in compliance testing, issue tracking, audit documentation, and remediation.
• Advanced proficiency in computer software and spreadsheet data analysis.
• Strong problem-solving skills, ability to manage multiple deadlines, and work independently with minimal supervision.
• Excellent communication skills, both written and verbal, with discretion in handling confidential information.

Apply today and embark on a rewarding career and start empowering your possible!

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.

Compensation for employees is generally offered within the range of the minimum to midpoint of the posted salary scale, based on qualifications, internal pay equity, and the budget for the position. This compensation range adheres to state-specific regulations. The determination of your actual pay rate may take into consideration factors such as your skills, years of experience, and other pertinent qualifications.