Compliance Specialist-Lending at GPO Federal Credit Union

Town of New Hartford, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

05 Jan, 26

Salary

0.0

Posted On

07 Oct, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Compliance, Lending, Regulations, Documentation, Policy Development, Communication, File Maintenance, Guidance, Review, Recommendations, Product Development, Subject Matter Expert, Community Engagement, Self-Starter, Judgment, Data Tracking

Industry

Banking

Description

Description Our Mission To provide unwavering commitment to excellence in all we do for employees, members and the community we serve. Overview of the Role This Compliance Specialist role is responsible for ensuring the credit union remains compliant with all state and federal laws and regulations related to lending through the monitoring of industry activities and review of credit union policies and procedures. Responsibilities Conduct daily reviews of file maintenance reports related to the credit union’s lending products. Review lending documentation to ensure compliance with GPO’s procedures and relevant regulations. Develop and update lending forms to ensure compliance with all state and federal rules and regulations. Provide guidance on questions related to lending compliance, including marketing material for lending products. On an on-going basis, review laws and regulations that impact the credit union’s lending compliance requirements and provide recommendations for change. Update policies as needed in reaction to regulation changes related to lending and track all policy updates. Ensure that policy updates are communicated to affected staff. Implement a policy review schedule to ensure all lending policies are reviewed annually and receive board approval as needed. Recommend and assist in the development of credit union lending products, processes and controls to ensure regulatory compliance and safeguarding of the credit unions’ assets. Disseminate information, answer questions and be a subject matter expert for the credit union on all lending compliance related issues. Expectations Review daily compliance publications to remain abreast of regulatory changes. Play an active role in local and national compliance communities. Adapt a work ethic that is aligned with GPO’s mission and keeps our member service at the forefront. Act as a back up to other members of the department as needed. Contribute to the overall achievement of the credit union’s strategic goals and objectives. Effectively communicate compliance information to senior management, department members and all employees and ensure understanding. Contribute to a positive environment that inspires GPO employees to display pride, passion and a commitment to our mission statement. Qualifications Associate’s OR diploma with 5 years of similar experience Must possess at least one year of in-depth experience handling credit union regulations. Must possess excellent written and verbal communications skills. Must be a self-starter and have demonstrated experience. Physical Demands Sitting for prolonged periods of time Frequent computer usage and screen time Frequent typing Decision Making To exercise sound judgement when making decisions as they relate to position duties and the credit union’s policies and procedures. Financial Responsibilities To be responsible for safeguarding the credit union’s assets by ensuring that policies and procedures are followed. Communication Keep the department supervisor informed regarding key department issues. Effectively communicate within the department to ensure the flow of ideas and information. Equipment Used Computer equipment and other web-based compliance platforms. Excel software for tracking and organizing data. Work Environment Office environment, based in the Administration Building.

Responsibilities

The Compliance Specialist is responsible for ensuring the credit union complies with all state and federal lending laws and regulations. This includes reviewing lending documentation, updating policies, and providing guidance on compliance-related questions.