Compliance/Audit Specialist at EAST TEXAS… · Longview

Responsible for performing a broad variety of audit functions to ensure staff compliance with policies and procedures. Completes audit functions including verifying, sampling, reviewing, confirming, and reporting in such areas as financial accounting, operations activities, loan process, and other areas as assigned. Works with Compliance Officer and auditors to evaluate internal controls and recommend improvements. Assists and supports Compliance Officer and Special Accounts Representative as needed. Serves as Credit Unions OFAC Officer. Performs other duties as assigned.

ESSENTIAL FUNCTIONS AND BASIC DUTIES

1. Assumes responsibility for the effective and professional performance of internal audit functions.

a. Reviews Credit Union documents and records for evidence of fraud, deficiencies in controls or employee performance, and ensures staff compliance with appropriate federal and state regulations as well as established Credit Union policies and procedures.

b. Monitors and verifies file maintenance changes made to share, loan, and collection accounts.

c. Audits signature cards to ensure compliance with CIP, new account, and imaging procedures.

d. Audits business deposit accounts to ensure appropriate documents are on file.

e. Monitors dormant accounts and processes appropriate member notification.

f. Conducts annual MasterCard audit.

g. Conducts quarterly FIS quality control reviews to ensure appropriate authorization levels for current users.

h. Assists Compliance Officer with all other regular audits as directed.

i. Monitors compliance with the OFAC policy and procedures, works with third parties to clarify if an individual is an SDT, maintains access to OFAC lists, and conducts training on OFAC regulations.

2. Assumes responsibility for establishing and maintaining effective, professional business relations with staff, auditors, and members.

a. Works closely with external auditors and staff to evaluate internal controls and recommend improvements.

b. Works closely with staff while conducting audits to ensure staff compliance with policies and procedures.

c. Maintains and projects the Credit Union's professional reputation.

3. Assumes responsibility for establishing and maintaining effective coordination and working relationships with area personnel and management.

a. Assists area personnel as required. b. Keeps supervisor informed of area activities and significant problems.

c. Completes required reports and records accurately and promptly.

d. Attends meetings as required.

4. Assumes responsibility for related duties as required or assigned.

a. Performs related clerical and secretarial duties as needed.

b. Ensures that work area is clean, secure, and well maintained.

QUALIFICATIONS

EDUCATION/CERTIFICATION:

High school graduate or equivalent.

REQUIRED KNOWLEDGE:

Thorough knowledge of credit union policies and procedures required.

EXPERIENCE REQUIRED:

Three or more years of credit union experience in increasingly complex positions.

SKILLS/ABILITIES:

Excellent communication and critical thinking skills.

Ability to operate computer applications and business equipment, including Microsoft Office Suite (Word, Excel).

Professional appearance, dress, and attitude.