Compliance Coordinator

Hours: 8:30 am – 5:30 pm, Monday – Friday

Pay: $18.00 - $23.00/hr, depending on experience.

The experience you need to succeed:

• One year to three years similar or related experience.
• A High School diploma or equivalent G.E.D.
• Knowledge of branch operations, internal control techniques, Credit Union polices and procedures, federal and state regulations.
• Ability to work on repetitive and often tedious tasks.
• Flexible with work time including before and after regular hours.

What you’ll do:

• Perform an ongoing review, research and analysis of all current and new regulations and their application to the Credit Union. Interpret and analyze new and developing changes in regulations, rules and laws and advise Management of the operational impact of such changes by providing thorough written summaries and recommendations for implementation. Assist with implementation as needed.
• Evaluate the Credit Union’s policies, procedures, products and programs to ensure compliance with applicable laws and regulations. Make recommendations for change where appropriate. Assist with implementation as needed.
• Disseminate information to appropriate staff, answer questions, and be a subject matter expert for the Credit Union on compliance-related issues.
• Coordinate and facilitate Compliance Committee meetings, as needed.
• Assess risk potential of current procedures and recommend new procedures that minimize loss exposure.
• Coordinate with the Training Department and/or Management to ensure any compliance-related changes to policy or procedure are communicated with clarity to the impacted departments or individuals.
• Perform or assist with compliance audits and communicate recommendations to Management. Follow-up to ensure recommendations are responded to appropriately.
• Assist with the review and updating of the policies and guidelines in the Credit Union’s Policy Manuals.

Your Purpose will be:

Every employee is responsible for fulfilling our Mission Statement: To improve the financial well-being of our members, while providing world class service.

The person in this position will be responsible for maintaining awareness of all federal and state laws and regulations and their impact on the Credit Union’s compliance requirements. This person will also be responsible for assisting the Compliance/Audit Manager in communicating recommendations to Management which will facilitate a reduction in compliance risk and reflect changes in regulations.

Perks for you:

• Opportunity for advancement and career growth.
• Ongoing paid training opportunities.
• 11 paid holidays and paid time off.
• Affordable health insurance options for all employees.
• Flexible Spending and Dependent Care accounts.
• 14.47% 401(k) contribution (no matching necessary).
• Credit Union benefits including discounts on credit card interest rates and discounts on mortgage loan fees.

Get to know University Credit Union:

The University Federal Credit Union, also known as University Credit Union, is a full-service financial co-operative, serving the needs of over 100,000 member-owners and their communities in Salt Lake and Davis Counties. Established at the University of Utah, University Credit Union provides the best rates and service on whatever products its members need whether it's a mortgage, auto, or commercial loan.

Our vision is, “Making the difference to every member, every day!” This is not only accomplished through the world-class service we strive to provide to each member, but also through our ongoing community outreach projects. The Credit Union is also making the difference to our employees by encouraging ongoing development and continued opportunism for advancement.