This job was posted by https://www.arjoblink.arkansas.gov : For more information, please see: https://www.arjoblink.arkansas.gov/jobs/4299608 Arkansas Federal Credit Union\ \ Compliance Officer\ \ US-AR-Little Rock\ \ Job ID: 2024-3122\ Type: Regular Full-Time\ # of Openings: 1\ Category: Compliance\ Little Rock Headquarters\ \ Overview\ \

Working at Arkansas Federal Credit Union

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GENERAL DESCRIPTION OF POSITION

Coordinate the credit union\'s overall compliance with applicable rules, regulations and statutory requirements. This is accomplished through implementation of a Compliance Management Program and performance of the primary duties listed below. While implementing or recommending action to ensure compliance, the Compliance Officer should be conscious of streamlining efforts, cost effectiveness, safety and soundness, and proper maintenance of the internal control structure. The Compliance Officer will have the authority to cross department lines and access all areas of operations for compliance reviews.

\ \ Responsibilities\ \

ESSENTIAL DUTIES AND RESPONSIBILITIES

Works directly with the AVP / Compliance to conduct risk based testing over regulatory and consumer compliance laws and regulations.

Administer the Credit Union Compliance Program.

Regulatory Knowledge - Subject matter expert and communication authority for issues needing attention or action by Business Unit leaders. Research, review, interpret and apply state and federal laws along with regulations applicable to the area of specialty. Move toward becoming an expert in the industry related compliance arena. Assist in the identification and application of regulatory requirements pertinent to the department\'s oversight. Reviews data and apply departmental-approved standards for testing and follow-up. Advise other departments of regulatory requirements as needed. Collaborate with Department Heads on Credit Union policies and procedures to ensure these are updated in accordance with regulations, legal requirements, and trends.

Keep abreast of, monitor and analyze developing trends and changes in regulatory compliance laws, rules and regulation. Advise management of the operational impact of such trends and changes. Facilitate implementation of regulatory changes when necessary.

On behalf of the Credit Union, analyze and provide written response to proposed new regulations and/or amendments to existing regulations within allotted time frames established by the ruling agency.

Policies & Procedures- Stay current on all relevant changes within the Credit Union, department and emerging areas of risk. Review and apply Credit Union policies & procedures for testing, exception reports and follow-up. Recommend changes in policy and procedures as necessary to improve areas of identified risk. Assist in writing policy and procedures in accordance to regulatory requirements and trends.

Vendor Management- Acts as administrator for vendor management program and software. Assist product managers by providing program/software support and knowledgeable assistance when a new vendor is being researched or brought onboard. Act as a voting member of the Vendor Management Committee. Prepare the committee ag\ \

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\ \ Arkansas Federal Credit Union is an Equal Opportunity Employer and does not discriminate against any applicants for employment based on their race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, physical or mental disability, genetic information, veteran status, uniformed service member status, or any other status protected by law.