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Credit Union Risk Management Analyst
USC Credit Union is seeking a Risk Management Analyst to join our team in a part-time role. This role reports to the Chief Financial Officer and involves key compliance responsibilities, including revising policies and procedures, disseminating information, and tracking staff compliance training. The analyst will also assist the Compliance Officer with BSA/AML, OFAC, the USA Patriot Act, fraud prevention, internal control reviews, and compliance risk assessments. Attention to detail is essential for reviewing data to identify and address any concerns.
- Performs various compliance administrative duties. Assists in revising policies and procedures. Disseminates information to management and staff. Tracks and monitors staff compliance trainings.
- Gathers data and compiles various audit reports. Conducts analysis of information pertaining to various compliance-related functions and regulations, as directed. Prepares and presents a summary of findings for review.
- Assists with maintaining the credit union’s compliance reference library. Researches, compiles, and updates reference materials, as necessary. Ensures materials are updated when regulations are revised.
- Assists in activities related to the Bank Secrecy Act (BSA)/anti-money laundering (AML), Office of Foreign Assets Control (OFAC), USA Patriot Act, as well as fraud prevention, detection, and investigation. Assists with internal control reviews and compliance risk assessments. Reviews data to ensure there are no concerns. Follows up with appropriate department as necessary. Submit reports to governing agency as appropriate.
- Supports the credit union’s escheat program. Ensures timely annual filing and maintaining compliance with state unclaimed property laws.
- Gathers and fulfills requests from auditors and examiners in preparation of audits and examinations.
- Assists with quality control audits. Documents audit findings. Works with department managers to address and/or resolve audit findings. Follows up with appropriate department to ensure resolution in a timely manner. Performs due diligence processes and assists with the preparation of audit reports.
- Assists fraud investigators with identifying potentially fraudulent activity and emerging threats and placing appropriate account restrictions to minimize loss to the credit union.
- Maintains appropriate documentation related to investigations.
- Completes special projects as assigned.
In addition to above, the ideal candidate will possess:
- Bachelor’s degree
- Five years’ experience in in sales, retail, or financial institutions (operating in a sales-driven environment)
- Comfortable in a competitive, high volume and fast-paced environment.
- Ability to consistently meet or exceed established performance goals in a financial services environment.
- Flexibility with scheduling that may include occasional Saturday hours and weekday afternoon/evening hours.
- A high sense of urgency, attention to detail, initiative, and integrity.
- Exceptional interpersonal, customer service and communication skill
Compensation:
The hourly rate range for this position is $24.50- $29.00 When extending an offer of employment, the University of Southern California considers factors such as (but not limited to) the scope and responsibilities of the position, the candidate's work experience, education/training, key skills, internal peer equity, federal, state, and local laws, contractual stipulations, grant funding, as well as external market and organizational considerations.
Why USC Credit Union is a great place to work:
- Medical through USC Network, Blue Cross, and Kaiser: https://employees.usc.edu/medical/
- Dental: https://employees.usc.edu/dental/
- Vision: https://employees.usc.edu/vision/
- Dependent Care and Health Care Flexible Spending Accounts (FSAs): https://employees.usc.edu/fsas/
- Retirement with up to 10% employer contributions: https://employees.usc.edu/usc-retirement-savings-program/
- Tuition reimbursement: https://employees.usc.edu/tuition-benefits/
- Paid Time Off (PTO) including, up to 24 vacation days (based on tenure), 12 sick days, 9 paid holidays, 1 paid personal day, 4 paid winter recess days, paid bereavement, and paid jury duty: https://employees.usc.edu/time-off/
- Life and voluntary insurance benefits: https://employees.usc.edu/insurance-benefits/
- WorkWell Center that provides programs, resources, and services to benefits-eligible staff and their dependents, that help them thrive in all areas of work-life wellness: https://workwell.usc.edu/
- Other generous perks and discounts: https://employees.usc.edu/perks/
Fight on!
Minimum Education: High school or equivalent Related undergraduate study Minimum Experience: 1 year Additional Experience Requirements: Combined experience/education as substitute for minimum work experience Minimum Skills: Prior banking experience. High level of interpersonal skills to conduct productive communication and effectively present oral and written communications. Ability to read, analyze, and interpret compliance regulations. Proficient in Microsoft Office Suite. Preferred Skills: Knowledge of the Bank Secrecy Act, OFAC, the US Patriot Act and other relevant regulations.