Wright-Patt Credit Union Inc.
Marketing Business Controls Analyst
Wright-Patt Credit Union Inc., Beavercreek, Ohio, United States,
The Business Controls Analyst – Marketing is responsible for providing support of the Marketing (“Business Unit”) and for building out the Business Unit’s mapping of procedures and policies, evaluating its risk and control structure, and reviewing its compliance responsibilities to identify and mitigate compliance risk to the credit union and its members.This includes support of regulatory change management processes within the Business Unit, collaborating with the second and third lines of defense for their reviews and testing, and performing analysis of member complaints received by the Business Unit. The Business Controls Analyst supports WPCU’s Compliance program daily activities by ensuring that credit union activities in the Business Unit comply with appropriate laws and regulations, and that the Business Units collaborates with the second and third lines of defense in working through identified issues.
1)
Supports WPCU’s build out of the first line of defense within the Business Unit, and
leverages data and information on internal processes, procedures, and complaints, to assess the Business Unit against regulatory expectations and requirements, to assess organizational gaps, risks, and controls, and implement mitigating measures. (30%)
2)
Collaborates with Compliance in supporting WPCU’s regulatory change management process by being a dedicated resource in the Business Unit to implement all applicable new rules and regulations, as well as changes to existing rules and regulations, and actions items that come from enforcement actions and other regulatory guidance that impacts the Business Unit. (25%)
3)
Ensures proper policies, procedures, risk mitigation activities, and operating controls are followed. Reports gaps in policies, procedures, and operating controls to leadership to ensure member impact and risk is mitigated.(25%)
4)
Supports the vendor/third party onboarding processes of the Business Unit when evaluating potential third parties prior to contract finalization. Also, assists with ongoing evaluation and monitoring of vendors throughout the contract lifecycle while they remain a vendor. (10%)
5)
Participate in regulatory compliance audits and/or examinations. (10%)
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1)
Supports WPCU’s build out of the first line of defense within the Business Unit, and
leverages data and information on internal processes, procedures, and complaints, to assess the Business Unit against regulatory expectations and requirements, to assess organizational gaps, risks, and controls, and implement mitigating measures. (30%)
2)
Collaborates with Compliance in supporting WPCU’s regulatory change management process by being a dedicated resource in the Business Unit to implement all applicable new rules and regulations, as well as changes to existing rules and regulations, and actions items that come from enforcement actions and other regulatory guidance that impacts the Business Unit. (25%)
3)
Ensures proper policies, procedures, risk mitigation activities, and operating controls are followed. Reports gaps in policies, procedures, and operating controls to leadership to ensure member impact and risk is mitigated.(25%)
4)
Supports the vendor/third party onboarding processes of the Business Unit when evaluating potential third parties prior to contract finalization. Also, assists with ongoing evaluation and monitoring of vendors throughout the contract lifecycle while they remain a vendor. (10%)
5)
Participate in regulatory compliance audits and/or examinations. (10%)
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