Compliance Officer at Belco Community Credit Union

Harrisburg, Pennsylvania, United States -

Full Time

Start Date

Immediate

Expiry Date

02 Jul, 26

Salary

85263.7

Posted On

03 Apr, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Compliance Management, BSA/AML/OFAC, Risk Assessment, Regulatory Compliance, Policy Development, Consumer Protection, Auditing, Investigative Process, Training, SAR Filings, Data Analysis, Communication, Strategic Planning, Business Acumen, Project Management

Industry

Banking

Description

Home Branch: Operation Center - Harrisburg, PA HYBRID POSITION ---------------------------------------- Position Title: Compliance Officer Department: Compliance Supervisor's Title: VP of Compliance Classification: Exempt Starting Salary Range: $68,210.96 - $85,263.70 Summary: Responsible for developing, implementing, and overseeing the institution’s enterprise‑wide Compliance Program and BSA/AML/OFAC Programs. This role ensures adherence to federal and state regulations, promotes a strong culture of compliance, and operates with full independence, autonomy, and objective judgment. Work closely with regulators, auditors, and business units while advising management on emerging regulatory risks. Essential Functions: 1. Develop, implement, and maintain the enterprise-wide Compliance Management System (CMS). 2. Monitor, interpret, and communicate regulatory changes, ensuring timely updates to policies and procedures. 3. Conduct compliance risk assessments, control testing, and monitoring across business lines. 4. Lead compliance reviews for new products, services, vendors, and system changes. 5. Ensure consumer protection compliance, including ECOA, TILA, FCRA, UDAAP, Privacy, and other applicable regulations. 6. Develop, implement, and maintain the credit union’s official consumer complaint program. 7. Serve as the Compliance Resource on projects. 8. Provide independent compliance advice to leadership and ensure separation from business‑line influence. 9. Develop and administer compliance training programs across the credit union. 10. Train new employees at NEO on Compliance and BSA Regulations. 11. Serve independently as the institution’s BSA Officer in accordance with FinCEN requirements. 12. Develop, maintain, and enhance BSA/AML/OFAC policies, procedures, and risk assessments. 13. Oversee suspicious activity monitoring, case reviews, and investigations. 14. Make autonomous decisions related to SAR filings; ensure timely and accurate SAR/CTR submissions. 15. Oversee Customer Identification Program (CIP), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD). 16. Maintain an objective and unbiased investigative process free of organizational pressure or conflicts of interest. 17. Maintain strict confidentiality and objectivity in investigations and compliance decision‑making. 18. Uphold the highest ethical standards and ensure compliance obligations are prioritized. 19. Abide by Belco’s policies, procedures, and standards, and embody Belco’s mission, vision, and Belco life brand. 20. Any other duties as requested by the Vice President of Compliance. Competencies: * Functional Skills: Planning, Industry Knowledge, Dependability * Operating Skills: Quality Of Work, Communication * Strategic Skills: Implementing Policies, Business Acumen * Belco’s Behavioral Expectations Work Environment: This job operates in a profession office environment in a hybrid work arrangement consisting of at least 20% of required in office time. This role routlinely uses standard office equipment such as computers, phones, printers, and filing cabinets. Physical Demands: Ability to operate general office equipment such as printers, scanners, phones, and standard office equipment. Keyboarding or PC data entry capabilities required. Sitting, standing, bending, and hand dexterity required. Ambulation; able to move from one area to another throughout one-floor office layout. Stairs and elevator provided for movement from one floor to another and to enter and exit building. Travel: This position requires frequent travel to all Belco branch locations. Minimum Required Education and Experience: A two-year college degree or completion of a specialized course of study at a business or trade school and 5 years of similar or related experience, including time spent in preparatory roles. Preferred Education and Experience: A four-year college degree in a related field and more than five years of experience in a Compliace-related role at a financial institution. Credit Union Compliance Expert (CUCE) and Bank Secrecy Act Certified Specialist (BSACS) Disclaimer: Please note this position description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. We are an Equal Employment Opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, gender identity, sexual preference/orientation, age, disability, marital status, pregnancy, veteran status or other legally protected bases. Belco’s Diversity and Inclusion initiatives provide all employees with equal access to training and advancement opportunities throughout the organization. Belco will provide reasonable accommodation to applicants and employees with disabilities where appropriate throughout the application and employment process. Determinations on requests for reasonable accommodation related to any job function will be made on a case-by-case basis. A reasonable accommodation is any change to a job, the work environment, or the way things are usually done that enables an individual with a disability to apply for a job, perform job duties or receive equal access to job benefits.

Responsibilities

The Compliance Officer is responsible for developing and maintaining the institution's enterprise-wide Compliance and BSA/AML/OFAC programs. This role involves conducting risk assessments, monitoring regulatory changes, and providing independent compliance advice to management.