Compliance Officer
Full Time (40 Hours)
Monday - Friday (8am - 5pm)

Risk Management - Headquarters
630 Trade Center Drive
Las Vegas, NV 89119

PURPOSE:
The primary purpose of this position is to assist Silver State Schools Credit Union to live out its Mission, "Excellent Member Service and Financial Solutions - For Life," by providing outstanding service to both members and internal members.

• To deliver service in alignment with our Service Commitments:
  • I will earn respect and build trust by acting with integrity in every situation.
  • I will understand my role in supporting the team to achieve our
  • I will focus on people over products and build lasting
  • I will take ownership and accept
  • I will treat my coworkers with the same high standards as I treat my
  • I will continuously look for ways to improve myself, my credit union, and my
  • I will accept there is no "they". We are one working toward the same
  • I will commit to the core
• Meet all established service goals.

SUMMARY:
Responsible for the development, implementation, and maintenance of the credit union's compliance program.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

• Responsible for the coordination of proposed, pending, and final regulatory updates and compliance changes in the credit union environment. Through use of a Compliance Management System, receive, assign/distribute to appropriate business unit(s), monitor, and report the status of implementation and completion of regulatory changes throughout the credit union, including but not limited to:

  • Bank Secrecy Act/Anti-Money Laundering

  • Customer Due Diligence and

  • Reg AA/Unfair or Deceptive Acts Practices (UDAAP)

  • Reg B,

  • Enhanced Customer Due Diligence

  • Customer Identification Program (CIP)

  • Office of Foreign Asset Control (OFAC)

  • USA Patriot Act of 2001/Know Your Member

  • Member Due Diligence.

  • Credit Card Act of 2009,

  • Electronic Signatures in Global and National Commerce Act of 2000 (ESIGN Act)

  • Fair Lending

  • Fair Credit Reporting Act (FCRA)

  • Fair and Accurate Credit Transaction of 2003 (FACTA)

  • Federal Trade Commission (FTC)

  • Financial Services Modernization Act of 1999/Gramm-Leach Bliley (GLBA)

  • Military Lending Act (MIL)

  • National Automated Clearing House Asociation (NACHA)

  • Servicemembers Civil Relief Act (SCRA)

  • SAFE Act,

  • Regulation C/HMDA,

  • Reg CC/Availability of Funds and Collections of Checks,

  • Reg D,

  • Reg DD/Truth in Savings (TISA)

  • Reg E/Electronic Funds Transfer,

  • Reg GG/Prohibition on Funding of Unlawful Internet Gambling,

  • Reg H/National Flood Insurance Program

  • Reg J/Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers through Fedwire,

  • Reg M/Consumer Leasing,

  • Regulation O/Loans to Executive Officers, Directors, and Principal Shareholders of Member Bank,

  • Reg P/Privacy of Consumer Information,

  • Reg X/ Real Estate Settlement Procedures Act (RESPA),

  • Reg Z/Loan Originator Compensation and Steering (TILA)

• Responsible for monitoring and keeping up to date with industry organizations, such as CUNA, CUES, CCUL and regulatory entities including, but not limited to, the CFPB, the FFIEC, the FRB, FinCEN, and the NCUA.
• Responsible for monitoring and keeping up to date with State of Nevada Revised Statutes and Administrative
• Responsible for providing education and guidance on pending compliance changes as requested and for monitoring organizational compliance, escalating areas of compliance concern or implementation issues to management.
• Responsible for providing support to management and coordinating with Compliance vendor to respond to compliance inquiries on existing or new products or services, transactions, disclosures or advertising, training, and policies and
• Maintain member complaint tracking log and escalate unresolved
• Provides guidance and support for special account inquiries.
• Responsible for monitoring and assessment of un-presented money orders and cashier's checks declared by Accounting.
• Responsible for the periodic monitoring and assessment of inactive accounts that meet the requirements for escheatment to the State Treasurer's Office.
• Coordinates the distribution of B Notices
• Assists in the completion of the annual enterprise-wide risk assessment by interviewing management and subject manner experts regarding the mitigation efforts of known and existing risks, identifying new risks, quantifying risk exposures, and reporting the results to the AVP of Risk Management.
• As the Board-designated BSA Officer, manage the credit union's BSA/AML/OFAC compliance efforts.
• Perform the annual BSA and OFAC risk assessments.
• Oversee the day to day BSA/AML/OFAC duties including but not limited to the filing of CTRs, investigation and filing of SARs, 314a scanning, 314b responses, Customer Identification Program (CIP), Customer Due Diligence (CDD), Enhanced Due Diligence (EDD).
• Work with the AVP of Risk Management to investigate all internal suspicious activity reports, and complete any associated regulatory required filings.
• Advises management on desirable operational adjustments due to BSA/AML/OFAC regulatory change, environmental change, vendor requirement change that impact the risk to the credit union

EDUCATION and/or EXPERIENCE:
At least five years of broadly-based experience in retail financial institutions. Strong knowledge of credit union policies and procedures and credit union regulatory environment. Two years' experience in compliance, audit, vendor management or business continuity.

*ONLY FULLY COMPLETED APPLICATIONS WILL BE CONSIDERED*
**SEE RESUME ON APPLICATIONS WILL NOT BE CONSIDERED**
SILVER STATE SCHOOLS CREDIT UNION IS AN EQUAL OPPORTUNITY EMPLOYER (EOE)
DRUG-FREE WORKPLACE