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Title

Risk Analyst 

EOE StatementWe are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.
 
Full-Time/Part-Time Full-Time  
Preferred Experience/Skills  
About the Organization We are a full service financial institution owned and operated by nearly 50,000 members of the Stanford Community, including Stanford University, Stanford Hospital & Clinics, Lucile Packard Children's Hospital and SLAC National Accelerator Laboratory. Our assets are over $2 billion, and the quality of our expansive line of financial products and services is unmatched in the industry.

At Stanford Federal Credit Union (SFCU), benefits are an integral part of our total compensation package. Each person's situation is unique. Therefore, choice, wherever possible, is a key component of our benefits. Each benefit helps meet an important need. Because we know it is the contribution of every member of the team, we want to recognize and reward each of you. That's why we provide competitive salaries and a comprehensive benefit program.

Please contact our Human Resources Team for further information about our benefits programs.
 
Category Risk Management  
Description

Summary

Responsible for proactively identifying and evaluating risks and controls, regulatory compliance analysis and research, identifying issues and/or areas for improvements in efficiency or effectiveness, and following up on action plans to ensure risks are being effectively mitigated and issues are corrected.

Major Duties and Responsibilities:

Vendor Management

  • Administrator for Vendor Management System and administer contract oversight and maintain site

  • Assists vendor owners with the on-boarding process for new vendors and ensure completion of open vendor due diligence issues

  • Maintains knowledge of Federal Financial Institutions Examination Council (FFIEC) Vendor Management Guidance and other regulatory guidance and best practices

Audit & Compliance

  • Assists with the audit and regulatory exam processes

  • Participates in the member complaint process

  • Conducts Quality Assurance Reviews as assigned

  • Responsible for SFCU's corporate insurance policies oversight

  • Assume responsibilities of BSA/AML/OFAC monitoring and compliance functions as backup for the Compliance Analyst

  • Responsible for adherence and compliance with Bank Secrecy Act requirements and the Credit Union's Bank Secrecy Act policies and procedures

Fraud

  • Provides oversight and technical expertise to staff conducting investigations on fraud claims and determining disposition of financial investigations

  • Ensures communication for fraud or BSA/AML matters to appropriate agencies

  • May develop more complex program models to extract system data that aids in identification of threats and/or risks

Identity Theft Prevention Program

  • Reviews, recommends updates, and assists with the implementation of ID theft loss mitigation programs

  • Prepares reports for management regarding identity theft of member accounts and remediation efforts

  • Translates business requirements into technical solutions leveraging existing systems and automation whenever possible

  • Evaluates industry best practices for implementation where appropriate

 
Position Requirements

Experience

  • 3-5 years of relevant financial services industry experience

  • Expertise in the area of Vendor Management

  • Knowledge in areas of BSA/AML/OFAC/MIP, Fraud, and/or audit

  • Possesses technical knowledge of bank service providers, banking data and compliance/risk management best practices

  • Experience with compliance concepts, practices, and techniques pertaining to federal and state financial regulations

Education/Certifications/Licenses

  • Bachelor’s Degree (or equivalent experience) required

  • Certifications including Certified Anti Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE), Certified Fraud Specialist (CFS), or Certified Financial Crimes Investigator (CFCI) are strongly recommended/preferred

 
Location Corporate  

This position is currently not accepting applications.

To search for an open position, please go to http://StanfordFederalCreditUnion.appone.com



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