Compliance Administrator

Company Description

Garden Savings Federal Credit Union, founded in 1968, is a not-for-profit financial cooperative serving over 35,000 members across more than 200 Select Employer Groups. With assets exceeding $420 million, Garden Savings is the 4th largest credit union in New Jersey, operating branches in Dover, Parsippany, Newark, Sayreville, South Orange, and Brick. Committed to being members' first choice in banking, the credit union provides a wide range of services while maintaining a strong emphasis on financial education and community support. Federally insured by the NCUA and privately insured by ESI, Garden Savings is also proud to be an Equal Housing Lender.

Role Description

The Compliance Administrator is a full-time, on-site position based in Parsippany, NJ. The role involves ensuring regulatory compliance across all credit union operations, monitoring changes in industry regulations, and implementing necessary updates to policies and procedures. Key responsibilities include conducting compliance audits, providing guidance to staff on regulatory matters, and preparing reports for management and regulatory agencies. The role also involves maintaining thorough documentation and fostering a collaborative relationship with internal stakeholders to promote compliance awareness.

Qualifications

• Proficiency in Regulatory Compliance, with a strong understanding of financial regulations and industry standards
• Exceptional Interpersonal and Communication skills to collaborate effectively with team members and external entities
• Strong Analytical and Problem-Solving skills to evaluate and address compliance risks
• Experience in Finance or related fields, with knowledge of credit union operations being a plus
• Ability to interpret and apply regulations and guidelines with accuracy and attention to detail
• Bachelor's degree in Business Administration, Finance, Law, or a related field
• Relevant certifications in compliance or financial regulations (e.g., NCCO, CRCM) are a plus