Commercial Compliance Analyst

It’s an exciting time to be at Hanscom Federal Credit Union!

As a member of our Compliance Department, you will join a dynamic team of dedicated individuals committed to delivering exceptional service.

Who we are – Hanscom Federal Credit Union

• Members-first – our members are our top priority. We make business decisions with our members at the top of mind.
• Integrity – we’re honest and committed to doing what’s best for our members and our company. What is right isn’t the same as what is easy.
• Teamwork – we are in this together and we all benefit from our success.
• Innovation – we identify new ideas for processes or products that will lead to positive changes and take the initiative to implement the changes.
• Empathy – we understand that communication starts by listening, understanding diverse perspectives, and caring about others’ sustained success.

What we offer

• A full-time, permanent position that will reward you through an annual bonus program.
• Medical, Dental, Vision, FSA, 401(k), Student Loan Paydown, and paid Sick and Vacation time benefits.
• A flexible hybrid work schedule environment.
• We are committed to fostering career growth and development – when you join our organization it’s not just a job.
• We look to develop your skills aligned to our business needs and help you progress in your career.

Who you are – Commercial Compliance Analyst

You are a dynamic, detail oriented, intuitive person with the ability to develop relationships, build rapport and become a trusted team member. You are able to provide everyone you assist or support with a high level of service, have strong organization and multi-tasking skills, and are searching for a rewarding career where you are valued and respected.

What you'll do

• Responsible for the analysis of all applicable new or amended laws and regulations by researching the changes and applying them to current commercial lending/ business banking operations, policies, products and services to help determine the course of action by the credit union.
• Analyze all commercial lending / business banking advertising pieces, campaigns, blogs, promotions, member letters, forms and disclosures to ensure compliance with regulatory requirements.
• Analyze commercial lending / business banking related complaint activity by performing industry trend analysis and comparing to the credit union complaints to identify areas of risk, assessing escalated complaints and determining correct course for resolution, ensuring that regulatory complaints are closed within required time frames, and assisting with the creation of the quarterly draft reports for the Supervisory and Risk Management Committees.
• Support the evaluation, design, and maintenance of the compliance training program by participating in the facilitation of the annual training needs analysis, reviewing and recommending course work, evaluating failed attempts and overdue training to identify training needs and providing monthly reporting.
• Coordinate and assist, as necessary, all internal and external audits, and regulatory examinations for the business banking and commercial lending lines of business.
• Stay current on industry developments, including attending compliance training.
• Represent the Compliance Team, as needed, by actively participating in Institutional Projects and communicating follow up items, compliance considerations, and areas of concern back to the team.
• Perform other tasks or functions as required, requested, necessary or prudent from time to time.

Knowledge/Skills/Experience:

• 5-10 years of experience in banking compliance or in a commercial lending operations role within a financial institution, and encompassing a broad knowledge of products and services, is required.
• Professional certification in a risk management discipline preferred (NCCO, CUCE, CRCM).
• Bachelor’s degree.

Experience

• 5 - 10 years: experience in banking compliance or in a commercial lending operations role within a financial institution, and encompassing a broad knowledge of products and services

• Professional certification in a risk management discipline preferred (NCCO, CUCE, CRCM)

Education

• Bachelors or better

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)