Compliance Analyst
Napa, California
Enterprise Risk – Compliance /
Full-Time /
On-site
ABOUT REDWOOD CREDIT UNION (RCU):
At Redwood Credit Union, our mission is to passionately serve the best interests of our Members and communities. Since 1950, we have been dedicated to supporting the financial well-being of our Members through better rates, low or no fees, and best-in-class customer service. Our purpose is to inspire hope and elevate the financial well-being of our communities one person at a time, through good times and bad.
As a not-for-profit financial institution, we are committed to a people-first approach, which is reflected not only in how we serve our Members, but also in how we treat our employees. Our leadership team is deeply focused on fostering a culture of heart and empathy, integrity, passion, inclusion, meaningful relationships, excellence, and ensuring financial well-being for all.
Why work for Redwood Credit Union?
• 37th largest credit union in the U.S. and the largest financial institution based in the North Bay
• Awarded a 5-Star Rating based on 6/30/24 financial data by Bauer Financial
• Recognized by Newsweek as one of "America's Best Credit Unions 2024"
• Recognized by Forbes as one of “America’s Best Small Employers 2023"
• Voted Best Places to Work in the North Bay 19 years in a row
• World-class Employee Engagement scores
• Rated Superior in Service by more than 90% of Members, surveyed by SF Gate
• Industry leading Net Promoter Scores across the U.S.
Join us and discover why you'll love working at Redwood Credit Union!
Redwood Credit Union is looking for a Compliance Analyst that wants to make a direct impact through their work. Are you passionate about identifying and evaluating risks and controls, completing regulatory compliance analysis and research, identifying issues and/or areas for improvement in effectiveness? Look no further!
The Job (the big stuff):
- Review and conduct in-depth analysis on regulatory and legal changes affecting financial
institutions to determine applicability and impact to RCU.
- Research regulatory/legal questions for other departments as assigned.
- Prepare and present analysis summaries and findings to RCU management to assist in
decision-making.
- Independently work with RCU departments to implement legal requirements and to ensure
changes to products, services, and processes comply with applicable legal requirements.
- Create and manage compliance programs and training programs.
- Review advertisement, forms, letters, and disclosures for other departments as assigned to
ensure compliance with applicable legal requirements.
- Prepare revisions to Credit Union disclosures.
- Prepare written reports and analysis for Compliance management.
- Assist on projects, exams, audits, and other tasks as assigned.
- Provide excellent service to all Members and internal clients.
- Prepare currency transaction reports in compliance with the Bank Secrecy Act.
- Manage projects required to implement regulatory and legal changes, including setting project goals, coordinating efforts between multiple departments, and monitoring for effectiveness.
What is Needed From You:
- Comprehensive knowledge of laws, regulations, principles and processes related to financial.
- Strong analytical/problem solving, communication, organizational and interpersonal skills.
- Insight and judgment to initiate timely and appropriate action.
- Meticulous attention to detail.
- Thorough knowledge of and ability to use and navigate the internet and intranet applications.
- Ability to communicate complex ideas effectively, both verbally and in writing.
- Ability to establish and maintain effective working relationships with diverse groups of people.
- Ability to effectively research and report on complex legal issues.
- Ability to organize, coordinate and prioritize a variety of activities simultaneously with little or no supervision.
- Ability to act independently and confidentially, using discretion, and tact.
- Ability to distinguish and manage confidential material and information.
- Ability and desire to work in a team environment, and establish and maintain effective working relationships in a diverse environment, including working with other departments.
- Skill in the operations of a PC and use of the Microsoft Office software and Browser based applications.
Education/Experience:
Qualified candidates will have a combination of education and experience equivalent to:
Bachelor’s Degree in Economics, Business Administration, Pre-Law, or related field.
5-7 years of related experience, preferably in the financial services industry, regulatory compliance, or financial institution.
Physical Requirements:
• Ability to travel between office locations.
• Ability to stand, bend, stoop, sit, walk, twist and turn.
• Ability to use a computer keyboard and calculator.
• Ability to lift up to 15 pounds.
• Work environment is indoors, majority of the time is spent sitting at a desk.
Compensation: Base starting range: $40.00 to $53.00 per hour commensurate with experience.
Our base salary starting range is based on scope and responsibilities of the position, candidate's work experience, education/training, key skills, and internal peer equity. We offer a competitive total rewards package including a wide range of medical, dental, vision, financial, and other benefits.
Redwood Credit Union offers a robust benefits package to our eligible employees including:
• Competitive medical, dental, and vision insurance, mental health offerings
• Employee performance incentive plan
• Salary Advancement– Merit increase based on performance
• 401(k) program with employer match
• Time Off- Competitive PTO accrual plus 11 paid company holidays and your birthday off!
RCU Discounts and Perks:
• RCU employees are eligible for a .75% discount off RCU standard collateral auto loans
• RCU employees are eligible for a 1% discount on all recreational or boat loan products
• 2% discount off Visas and LOC Loans through RCU
• 0% interest loan to support employees with various immigration related expenses such as visa application fees and relocation costs. Loan amount up to $1,000.
• 0% interest loan to support employees with expenses associated with the naturalization process. Loan amount up to $15,000.
• 0% interest on garment, fitness, or home office equipment loan of up to $500
• 100% financing for employee purchased homes!
Internal Team Members
If you are a current Team Member, please apply through the internal careers page located in RCUNET.
We are an Equal Opportunity Employer
