Compliance Specialist

Posted 2 Days Ago
Hiring Remotely in USA
Remote
Junior
Fintech • Payments • Financial Services
The Role
The Compliance Specialist develops, implements, and maintains compliance programs to ensure adherence to laws and regulations. Responsibilities include monitoring compliance activities, training staff, and reviewing policies and promotions for compliance.
Summary Generated by Built In

Connexus Credit Union - Who We Are:

Serving members across all 50 states, Connexus Credit Union is a member-focused cooperative that is proud to return profits to member-owners through high yields for checking accounts and deposit products, as well as competitive rates on our loans. We are a remote first employer with the majority of our employees residing in the upper Midwest.

As an employer we foster collaboration and high performance to achieve excellence. We holistically care for and develop our employees to thrive personally and professionally. We are proud to share our success with our employees and those we serve.

Connexus offers an Amazing Benefits package:

  • 20 days of paid time off and 10 paid holidays

  • 16 hours of paid Volunteer Time Off

  • 401K Retirement with up to 6% employer match

  • Excellent Health, Dental, Vision insurance, including multiple plan options

  • Health Savings Account with generous employer contributions

  • Employer paid Life insurance, Short-Term and Long-Term Disability

  • Tuition Reimbursement from $4,000 - $7,000 per calendar year

  • Robust Learning and Development program that includes an annual professional development stipend

About the Role:

The Compliance Specialist will support the development, implementation, and maintenance of comprehensive compliance programs to ensure adherence to applicable laws, regulations, and internal policies. This role will collaborate with department leaders to assess compliance risks, develop clear guidance and training materials, and promote consistent regulatory understanding across the organization. The Compliance Specialist will serve as a subject matter expert for compliance and regulatory initiatives, ensuring alignment with organizational standards and best practices. Additionally, they will monitor compliance activities, analyze test results, support audits and reviews, and provide guidance or recommendations to reinforce a strong culture of compliance and continuous improvement.

Responsibilities:

  • Coordinates and gathers information for quarterly compliance reviews, loan reviews and the internal audit program; collaborates with management to develop and implement plans to resolve identified weaknesses.

  • Take appropriate action on opportunities that would improve the effectiveness and/or efficiency of the Compliance Management Program.

  • Works with Learning and Development to ensure staff complete appropriate compliance training.

  • Monitors guidance and bulletins issued by government regulatory agencies and industry groups for emerging changes; identifies the impact of new regulations on the Credit Union and advises management on the viable control options for mitigating the risk for emerging compliance issues.

  • Assists the Risk Management Department with the ongoing review and update of the Credit Union’s policies and risk assessments; prepares summary reports for Board of Directors / Supervisory Committee review.        

  • Reviews all marketing promotions and documents to ensure regulatory compliance.

  • Work with internal departments to update the following Credit Union consumer disclosures: Important Account Information for our Members, Truth in Savings (TIS), Fee Schedule, Privacy Policy, and loan product disclosures based on regulatory and business directives.      

  • Assists Internal Audit with ongoing due diligence analysis of third-party vendor relationships.               

  • Manages and resolves operational inquiries that are received through the Compliance Help Desk; consults with Manager to determine appropriate course of action for high severity/frequency risk exposures.

  • Provides guidance to the Fraud Department on BSA/AML/OFAC compliance when needed.

  • Comply with all Federal Regulations as they pertain to your job duties, including BSA.

Position Requirements:

  • This position is Remote.

  • Bachelor's degree or commensurate experience is Required.

  • 1+ years of experience working in a compliance role within the financial industry is Required.

  • Ability to obtain compliance certification through the America’s Credit Unions within the first 18 months of employment. After obtaining the certification, the employee will need to maintain the certification including the renewal of the certification through America's Credit Unions is Required.

  • Working knowledge of compliance-related laws, regulation, issues and credit union/bank supervisory procedures and knowledge of credit unions/banking functions, how they are organized and regulated is Required.

  • Proven organizational abilities and communication skills that will be utilized to promote the Compliance Management Program and further its effectiveness at the Credit Union is Required.

Connexus Credit Union's Employer Recognitions:

  • 2026 Best Place to Work in IT, Computer World

Equal Opportunity Employer/Disabled/Veterans/41 CFR 60–1.4, 41 CFR 60-1.35

Top Skills

Compliance Management Software
Regulatory Compliance Software
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The Company
Cincinnati, OH
416 Employees
Year Founded: 1935

What We Do

Our Commitment to Employees: We foster collaboration and high performance to achieve excellence. We holistically care for and develop our employees to personally and professionally thrive. We are proud to share our success with our employees and those we serve. Serving more than 477,000 members nationwide, Wausau, WI-based Connexus Credit Union is a member-owned, not-for-profit financial cooperative with $5.0 billion in assets and more than 700 employees. We proudly give back to our members through high yields on deposit products, competitive loan rates, and minimal fees. We’ve been nationally recognized for excellence by Forbes Advisor, NerdWallet, Kiplinger, and Bankrate. Our organizational values of Integrity, Respect, Synergy, Transparency, and Wellbeing influence all we do. Whether it’s an email from one employee to another, helping a member in a branch, or volunteering in one of the many communities we serve, we interact with dignity, kindness, and professionalism. We strive for transparent, honest dialogue and highly value the collective power of our team. Our vision is to be a nationally relevant, trusted credit union, providing exceptional experiences and fostering prosperity for those we serve. We strive to earn and maintain our members’ trust and ensure they feel supported and appreciated at every touchpoint. We also support our communities through our philanthropic program, Connexus Cares. Founded in early 2019, Connexus Cares has donated over $12 million to charitable organizations nationwide. At Connexus, we’re dedicated to sustainable growth while delivering exceptional experiences. We do this, in part, by fostering a culture that values employees as our most important asset. We’re excited to remain at the forefront of the credit union movement as we continuously demonstrate our values, embrace our digital future, and strengthen our national relevance. Please explore all Connexus has to offer at ConnexusCU.org

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