Compliance Analyst II

Navy Federal Credit Union currently does not provide sponsorship for this role. Applicants must be authorized to work in the United States without the need for current or future sponsorship.

To research, analyze, interpret, recommend and enforce Navy Federal policies and practices that ensure compliance with relevant local, state, federal and other regulatory requirements and case law.

• Formulates policies, procedures and instructions that ensure compliance with local, state, federal another regulatory requirements

• Researches, analyzes and interprets regulatory compliance laws, opinions and court decisions and provides findings to management

• Conducts risk assessment, draws conclusions, develops solutions and alternatives, and makes recommendations to management

• Advises management on the interpretation of new and pending laws and regulations

• Monitors changes in local, state, federal, and other regulatory requirements

• Prepares and/or revises compliance policies, procedures and documentation

• Creates, reviews and analyzes new and existing policies, procedures or other operational materials

• Maintains compliance documents and regulatory rationale for changes

• Ensures communication and implementation of company compliance policies, procedures and instructions

• Directs implementation of compliance programs across the organization, functional area and/or geographic region

• Creates and/or participates in the development of compliance education and training

• Participates/conducts compliance training sessions

• Consults with business units in the review and interpretation of new and pending laws and regulations

• Functions as a liaison between departments in compliance matters

• Monitors, measures and analyzes effectiveness of compliance programs and education

• Develops, monitors and administers compliance activities including systems and/or processes for addressing alleged violations of the compliance program

• Participates in internal and external compliance testing and audits

• Prepares responses to regulators, internal and external audits as well as management inquiries.

• Consults with management on the enforcement of the compliance program.

• Ensures that compliance training is conducted and attendance tracked

• Manages projects for a department and/or business unit(s)

• Establishes effective and collaborative project teams, facilitates/coordinates project work within and across business units, partners with technical project lead as appropriate, ensures project deadlines are met and implementation and results are achieved as designed

• Defines, develops and manages/oversees project related plans, business requirements, scope, resources, costs, issues, prioritization, decisions, risks, external contracts, and internal service agreements

• Keeps the project team and its stakeholders informed and manages expectations (includes e-grams, letters, notices, etc.)

• Formulates, prepares and/or revise policies and procedures

• Research most complex, unique or unusual regulations, case law, etc. & makes compliance recommendations

• Review research of new, amended &/or pending regulations

• Oversee the development of research, compliance recommendations and documentation

• Advise management of potential risk to the enterprise & potential solutions

• Ensure communication and implementation

• Finalize compliance training and communications

• Develop & recommend tactics for program implementation & communications

• Lead implementation & communications processes

• Assess training & communication needs

• Monitor, measure and analyze effectiveness

• Lead interactions with internal and external auditors, regulators, etc.

• Determine data and information needed

• Finalizes draft audit documentation & responses

• Lead functional teams, projects or portions of projects to solve unique & complex business problems in accordance with Navy Federal's PPM standards

• Manages project resources

• Handles more complex enforcement actions as directed by management

• Respond to audit findings for management approval

• Performs other related duties as assigned

• Compliance analysis experience.

• Demonstrated ability to analyze and interpret regulatory requirements and case law.

• Knowledge of relevant local, state, federal and other regulatory requirements.

• Knowledge of research methods theories, practices and procedures as demonstrated by successful research and/or education

• Demonstrated ability to influence, negotiate and persuade.

• Ability to translate, interpret and effectively present findings and conclusions clearly and concisely, both oral and written.

• Proficiency in using PC applications and internet based technology to conduct research.

• Prior project management experience.

• Experience with leading collaborative work teams

• Effective oral, written and interpersonal communication and presentation skills.

• Bachelor's Degree in a related field, or the equivalent combination of education, training, and experience.

Desired Qualifications

• Specialized knowledge of relevant local, state, federal and other regulatory requirements.

• Experience in legislative staff work

• Extensive compliance analysis experience

• Advanced/thorough knowledge of compliance issues in the financial services industry

• Internal Navy Federal project portfolio management "PPM" knowledge

• Internal credit union knowledge operation/processes and procedures

• Certification in related area of compliance certification

• Bachelor's degree in business or public administration, management, operations analysis, legal studies, or related field or equivalent work experience

Additional Information
Hours:

• Monday - Friday, 8:00AM - 4:30PM

Location:

• 820 Follin Lane, Vienna, VA 22180

• 5510 Heritage Oaks Drive, Pensacola, FL 32526

• 141 Security Drive, Winchester, VA 22602