Compliance Analyst

Top Job

Located in Texarkana, TX

Salary: $23/hr, DOE

Position: Compliance Analyst

Location: Texarkana, TX

Hours: M-F, 8a-5p

Pay: $23/hr, DOE 

Benefits: Full benefits and all major holidays off! 

 

Purpose: Responsible for performing audits on consumer and real estate loans and member accounts. Responsible for reporting and follow up on any findings.

 

Functions & Duties:

• Review assigned reports daily to ensure they were done properly with the correct documentation.
  
• Audit a percentage of consumer loans (including mobile home loans) funded at month end. Make sure that all the correct loan documents were signed, and all the supporting documents have been scanned. Verify that the loan has the correct interest rate. Ensure the loan has been set up properly and that any shares have been pledged if needed.
  
• Email all audit sheets over to the Loan Processor and their supervisor for corrections and report any audit sheets that have not had corrective action taken. Follow up on loan.
  Audit a percentage of new accounts opened each month. Verify that the account has all required documents based on type of account, they are scanned into the account, and that the account was set up correctly according to the Credit Union’s policies and procedures.
• Perform a collection audit each quarter verifying all supporting documents have been scanned and all signatures that are required are accounted for. The audit will be given to the Collections Manager.
  
• Review alerts in Verafin to help monitor members’ accounts for possible fraud/money laundering etc.
  
• Perform branch audits. The branch audit will include a review of the teller/vault area, security, confidentiality and required posters and disclosures.
  
• Assist the OFAC Officer with monitoring all OFAC SDN list updates and review any possible batches.
  Help review and create policies and procedures for the Credit Union.
• Perform required annual audits as assigned.
  
• Review any additional areas for compliance as needed.
  
• Complete required annual training and adhere to all Credit Union policies and procedures, including but not limited to BSA, MIP, OFAC, Privacy and Electronic Use.
  
• Reviews Entry Logs each quarter for all offices and reports any suspicious findings.
  
• Serves as Administrator to CANS.
  
• Performs other related duties as required and assigned.

 

• KNOWLEDGE AND SKILLS
  Ability to apply logic to define problems, collect data, establish facts, and draw conclusions.
• Strong computer skills.
  
• Solid knowledge of Microsoft Excel and Word.
  
• Ability to interpret instructions and can deal with multiple variables.
  
• Ability to read periodicals, journals, manuals, dictionaries, thesauruses, and encyclopedias.
• Displays a professional appearance, demeanor, and dress.
  
• Excellent oral and written communication skills.
• Solid interpersonal skills.
  
• Effective time management and project management abilities.
• Ability to function and form decisions with minimal supervision.
• EDUCATION AND EXPERIENCE
  Bachelor’s Degree from a four (4) year university or college in a related field, or two (2) to four (4) years experience, or any similar combination of education and experience.

 

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