Loss Prevention Specialist

Summary

Position: Compliance & Loss Prevention SpecialistLocation: Lansing, MIJob Id: 292# of Openings: 1POSITION PURPOSEResponsible for assisting the Compliance Manager to ensure that the Credit Union is in compliance with all state and federal regulations. Assist in reviews of internal policies and procedures and assist in the facilitation of changes as necessary to enhance efficiency and/or be compliant with regulatory changes. Review reports and create analysis based on various compliance requirements and/or as needed. Prepare and file reports with government agencies as directed by law.This position is responsible for loss prevention and loss mitigation. These duties include conducting investigations of potential fraudulent activity, coordinating recovery of losses due to fraudulent activity with Resolutions Specialists.Assists the Community Developments Specialist within the community representing CASE Credit Union as a partner and promoting our products and services within our low- to moderate-income community. Assists with review of various reports.ESSENTIAL FUNCTIONS AND BASIC DUTIES1.Assist the AVP of Compliance in the Credit Union's compliance with all applicable laws, rules, and policies.a.Assist to ensure compliance with applicable financial laws and regulations. Analyzes and reports data as required.b.Compile reference resources for the Credit Union's daily use to ensure compliance with regulations.c.Ensure that department procedures are updated and are in accordance with credit union practices and evolving regulations.d.Assist management to meet all regulatory recordkeeping and reporting requirements. Identify reportable transactions and accurately file all required reports in a timely manner. Monitor for suspicious activity and engage in any other activity covered by the BSA.e.Assist management in training employees to be aware of their responsibilities under the BSA regulations.2.Assumes responsibility for establishing and maintaining effective communication and coordination with area personnel and management.a.Assist area personnel as needed.b.Keep Management informed of area activities and of any significant problems.c.Complete and submit required reports, records, and related documents.d.Attend meetings as required.3.Assumes responsibility for ensuring that professional business relationships are established and maintained with regulatory agencies, auditors, appraisers, and business associates.a.Maintain the Credit Union's professional reputation.b.Resolve complaints, questions, and problems promptly. Provides assistance as needed.c.Represent the Credit Union in contacts with business and trade associations and otherwise promotes the Credit Union's image.4.Assists Community Development Specialist as directed.a.Seek and build partnerships with community organizations to improve the credit union's reputation in the community.b.Participate in community organization's events as a representative of CASE Credit Union.c.Present new products and services to community organization's clients.d.Advocate to community partners the benefits of CASE Credit Union's products and services that will assist their clients become banked.e.Monitor various reports and evaluates findings in coordination with the Community Development Specialist.QUALIFICATIONSEducation/Certification:College courses in Business Administration, Accounting, Finance, or related field preferred.Required Knowledge:Knowledge of credit union processes. Knowledge of applicable federal and state financial regulationsExperience Required: One to two years of credit union experience preferred.Skills/Abilities:Solid analytical and problem solving skillsAttentive to detail and observantEffective public relations abilitiesCreative and able to develop innovative solutions#J-18808-Ljbffr

Job Description

Position: Compliance & Loss Prevention SpecialistLocation: Lansing, MIJob Id: 292# of Openings: 1POSITION PURPOSEResponsible for assisting the Compliance Manager to ensure that the Credit Union is in compliance with all state and federal regulations. Assist in reviews of internal policies and procedures and assist in the facilitation of changes as necessary to enhance efficiency and/or be compliant with regulatory changes. Review reports and create analysis based on various compliance requirements and/or as needed. Prepare and file reports with government agencies as directed by law.This position is responsible for loss prevention and loss mitigation. These duties include conducting investigations of potential fraudulent activity, coordinating recovery of losses due to fraudulent activity with Resolutions Specialists.Assists the Community Developments Specialist within the community representing CASE Credit Union as a partner and promoting our products and services within our low- to moderate-income community. Assists with review of various reports.ESSENTIAL FUNCTIONS AND BASIC DUTIES1.Assist the AVP of Compliance in the Credit Union's compliance with all applicable laws, rules, and policies.a.Assist to ensure compliance with applicable financial laws and regulations. Analyzes and reports data as required.b.Compile reference resources for the Credit Union's daily use to ensure compliance with regulations.c.Ensure that department procedures are updated and are in accordance with credit union practices and evolving regulations.d.Assist management to meet all regulatory recordkeeping and reporting requirements. Identify reportable transactions and accurately file all required reports in a timely manner. Monitor for suspicious activity and engage in any other activity covered by the BSA.e.Assist management in training employees to be aware of their responsibilities under the BSA regulations.2.Assumes responsibility for establishing and maintaining effective communication and coordination with area personnel and management.a.Assist area personnel as needed.b.Keep Management informed of area activities and of any significant problems.c.Complete and submit required reports, records, and related documents.d.Attend meetings as required.3.Assumes responsibility for ensuring that professional business relationships are established and maintained with regulatory agencies, auditors, appraisers, and business associates.a.Maintain the Credit Union's professional reputation.b.Resolve complaints, questions, and problems promptly. Provides assistance as needed.c.Represent the Credit Union in contacts with business and trade associations and otherwise promotes the Credit Union's image.4.Assists Community Development Specialist as directed.a.Seek and build partnerships with community organizations to improve the credit union's reputation in the community.b.Participate in community organization's events as a representative of CASE Credit Union.c.Present new products and services to community organization's clients.d.Advocate to community partners the benefits of CASE Credit Union's products and services that will assist their clients become banked.e.Monitor various reports and evaluates findings in coordination with the Community Development Specialist.QUALIFICATIONSEducation/Certification:College courses in Business Administration, Accounting, Finance, or related field preferred.Required Knowledge:Knowledge of credit union processes. Knowledge of applicable federal and state financial regulationsExperience Required: One to two years of credit union experience preferred.Skills/Abilities:Solid analytical and problem solving skillsAttentive to detail and observantEffective public relations abilitiesCreative and able to develop innovative solutions#J-18808-Ljbffr