First Line of Defense (FLOD) Corporate Risk and Compliance Specialist

First Line of Defense (FLOD) Corporate Risk and Compliance Specialist

Job Category: Learning Development Requisition Number: FIRST006573

Bethpage, NY 11714, USA

Description

It Starts With Our Employees

FourLeaf's ultimate goal is to provide the best-in-class member and employee experience, and it all begins with two things: hiring incredible people and giving them a great place to work.

What You'll Do

The FLOD Corporate Risk & Compliance Specialist will report to the AVP, FLOD Corporate Risk & Compliance and provides support to the Human Resources (HR), HCMS, Support Services, Member Experience (MX), Learning & Development (L&D), Organizational Development (OD), Compliance/Legal, and Fraud teams with their Risk and Compliance responsibilities. The FLOD Corporate & Risk Compliance Specialist will engage with the three lines of defense at FourLeaf as well as business line and product stakeholders to ensure all key First Line of Defense activities are completed accurately and on time.

Core Contributions

• Responsible for various risk, compliance, audit, regulatory, and control initiatives for the various business lines under the Corporate FLOD. Required to make risk driven decisions, and provide guidance to these areas, based on applicable certifications, and subject matter expertise.
• Responsible for writing and maintaining all applicable policies/programs and procedures for the various business lines under the Corporate FLOD, based on expert knowledge of such business lines, as well as Regulations impacting them. Work with applicable S3 and OTS departments to ensure that all S3 supporting policies and procedures are documented, adhered to, and aligned with FourLeaf requirements.
• Collaborate with the second and third lines of defense functions as requested by the AVP, First Line of Defense Corporate Risk and Compliance. In addition, collaborate with the First Lines of Defense within other lines of business (Retail Banking, Lending, Transformation, Marketing).
• Responsible for reportable events (issues, incidents, and losses) and member complaints (MX) for all business lines under Corporate FLOD, including self-reporting, root cause analysis, action planning, resolution, and documentation. This includes data analysis of trends to prevent reoccurrence.
• Work with the Third-Party Risk Management Team (TPRM) for all internal business unit client vendors. Supporting all PMO processes when onboarding a new vendor or existing vendor relationships.
• Submit materials for legal and compliance review (using FourLeaf tools and applications to keep track of critical documentation) becoming familiar with regulatory requirements by product.
• Support business line leads when performing quality assurance and control testing programs; ensuring all key controls are documented, analyzed, and periodically tested for control design and operating effectiveness.
• Provide broad-based support to the various business lines under the Corporate FLOD using analytical and problem-solving skills.
• Special projects as assigned.

Assets You Will Bring

• Bachelor's Degree preferred in Compliance, Business, or related field.
• 2-3 years' experience in a compliance or a combination of compliance and regulatory experience.
• Familiarity with financial services & banking processes, knowledge of or experience working with regulated products is preferred.
• Computer Skills: Proficient in Microsoft applications (Word, Excel, Visio, Outlook, Teams).

The estimated salary range is $28.99 to $34.06 per hour. FourLeaf Federal Credit Union offers a comprehensive benefits package, including medical, dental, and vision coverage; life and disability insurance; voluntary benefit programs; a 401(k) plan with employer match; reimbursement and wellness programs; and an annual performance-based bonus.

What Sets Us Apart?

In addition to our comprehensive benefits, we invest in employee connection and well-being through:

• Competitive 401(k)
• Tuition and fitness reimbursement programs
• Flexible work options
• Volunteer opportunities
• Executive "Water Cooler Chats"
• Clubs, sports, and social events
• Food truck days

…and more!

Who is FourLeaf?

FourLeaf Federal Credit Union (FourLeaf) has been committed to the financial well-being of our members for over 80 years. Through our full range of competitive savings and loan products, you can trust us in every step of your financial journey. From applying for a credit card to closing on your mortgage to opening your child's first savings account, FourLeaf is here to help you reach your financial goals.

We are proud to be an award-winning place to work! Some of our recent recognitions include Certified Great Place to Work 2024-2025, America's Greatest Midsize Workplaces 2025, Quantum Workplace Employee Voice Award 2024, and Fortune's Best Workplaces in Financial Services & Insurance 2024.

As a credit union, our vision is to enrich the lives of our members, employees, and communities. Since 2002, we have been an integral community partner through our charitable giving and community development programs in New York and beyond.

Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.