Compliance Specialist at Park Community Credit Union

Louisville, Kentucky, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Aug, 26

Salary

27.2

Posted On

05 May, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Compliance Monitoring, Risk Assessment, Regulatory Compliance, Internal Auditing, Loan Review, Attention To Detail, Communication Skills, Time Management, Organization Skills, Bank Secrecy Act, Anti-Money Laundering, OFAC Searching

Industry

Banking

Description

Role: By emphasizing ONE Park, ONE Mission, One Team, the Compliance Specialist I supports a culture of sustained procedural adherence and operational integrity across the organization. This role ensures enterprise-wide compliance with internal policies and regulatory requirements through monitoring, risk-based reviews, and control assessments. The specialist evaluates business activities and processes to identify compliance risks, control gaps, and areas for improvement, ensuring timely escalation and resolution. They provide clear reporting on trends and emerging risks while partnering across teams to strengthen controls and drive sustainable, long-term compliance. The role also contributes to ongoing compliance initiatives and monitoring programs, reinforcing a proactive and resilient compliance framework. Essential Functions & Responsibilities: * Reviews Park mortgage and consumer loan products, including new consumer and special accounts, to ensure compliance with established policies and procedures. Monitors consumer loan transactions, modifications, and advances, verifying that all required documentation is complete and accurately maintained in accordance with credit union standards. Performs additional reviews in other operational areas as needed to support overall compliance and operational integrity. * Monitor file maintenance reports reviewing each corresponding record to ensure proper modifications and paperwork are complete. * Use judgment to differentiate critical vs. noncritical errors and take appropriate action to record and communicate errors to staff. Keep manager informed of critical matters requiring immediate attention. * Provides reports and feedback to management regarding review and audit findings. Partners with frontline staff, lending staff, and managers to discuss observations and recommendations. Suggests process improvements and participates in committees or special projects as assigned to support compliance, accuracy, and operational effectiveness. * Stay up to date on state and federal rules and regulations which govern credit union operations to ensure compliance is maintained. * Perform other job-related duties as assigned. Performance Measurements: 1. To be an ambassador of Park's culture supporting the credit union's mission to build thriving communities together ensuring words and actions align with the Park VIBE that defines our Core Values: Vibrant Connections Inclusive Excellence Bold Compassion Endless Empowerment 2. To provide friendly, professional and accurate service and support to all members and coworkers. 3. To process all work within established time frames of department with zero errors. 4. To keep management informed of any key operation issues affecting the department. 5. To ensure individual and Credit Union adherence to policies. 6. To follow the credit union’s Bank Secrecy Act and anti-money laundering policies and procedures, including running OFAC searches, completing investigative reports of suspicious activity and currency transaction reports timely and without error. 7. To maintain a professional work environment, promote teamwork, build respect among coworkers and present a businesslike appearance 8. To follow all security policies and procedures and report discrepancies or suspicious activity to manager immediately. Knowledge and Skills: Experience Three years to five years of similar or related experience. Education (1) A two-year college degree, or (2) completion of a specialized certification or licensing, or (3) completion of specialized training courses conducted by vendors, or (4) job-specific skills acquired through an apprenticeship program. Interpersonal Skills Work involves contact with persons beyond immediate associates regarding routine matters for the purpose of giving or obtaining information which may require some discussion. Outside contacts take the form of service to the public (members or vendors), requiring ordinary courtesy in providing assistance and information. Other Skills Must have good organization skills with attention to detail. Must have good communication skills (verbal and written). Must be self-motivated. Must have excellent time management skills. Physical Requirements WORK ENVIRONMENT The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this position. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions. While performing the essential duties of this position, the employee is regularly exposed to a general office environment and interaction with customers. PHYSICAL DEMANDS The physical demands described here are representative of those required to successfully perform the essential functions of this position, but do not necessarily constitute an exhaustive list of all essential functions. To the extent required by any applicable law, reasonable accommodations will be made to enable qualified individuals with disabilities to perform essential functions where this can be done without posing a direct threat to self or others. While performing the essential duties of this position, the employee frequently must sit, stand, and walk short distances. The employee frequently uses hands and fingers to count currency and handle, manipulate, and feel objects, documents, and office tools and equipment. Reads, writes, listens, speaks, and uses personal computers, copiers, telephones, and other office equipment and software throughout the work day. The employee is occasionally required to stoop, bend, squat, and reach overhead with hands and arms. Occasionally pushing and pulling of office furniture and other objects. The employee may occasionally lift and/or move up to 15 pounds and on occasion lift and/or move up to 25 pounds. Park Community Credit Union is an Equal Opportunity Employer/ Veterans/ Disabled

Responsibilities

The Compliance Specialist ensures organizational adherence to internal policies and regulatory requirements through risk-based reviews and control assessments. They monitor mortgage and consumer loan products to identify gaps and provide reporting on emerging risks to management.