Cannabis jobs at Community First Credit Union

Job details
Salary
$18.67 - $28.01 an hour
Job Type
Full-time
Number of hires for this role
1
Qualifications

• 
  

  • Bachelor's (Preferred)

  
  

Full Job Description

Position Summary: The Cannabis Banking Specialist, under the direction of the Compliance Manager, performs Cannabis account related activities. This includes processing the applications, opening the new accounts, filing reports to regulatory agencies, monitoring member accounts as needed, assisting other departments with regulatory questions, monitoring and reporting any compliance or quality concerns to the Compliance Manager for further consideration and corrective action.

Major Duties and Responsibilities:

Communicate with prospective and current Cannabis account members.

Process new Cannabis account applications: perform site visits, complete application reviews & summary, for submission to the Compliance Manager or VP of Compliance for final review and approval.If approved, perform data entry in all required software programs to open the account.Communicate with Branch Management Team that the account has been opened and introduce the new member to the Manager, Assistant Manager and the employees when the new member makes their initial deposit at the Branch of account.File Initial Suspicious Activity Report (SAR) as soon as the account is opened. Provide ongoing support services to cannabis banking business members.Perform required regulatory 90-day account reviews, filing commensurate SAR type based on review results.

Monitor account activity and request recurring or additional documentation as needed.

Collaborate to identify weaknesses in existing procedures and communicate necessary adjustments.

Assist responsible management with the development of their documented management monitoring program designed to proactively identify improvement opportunities to support ongoing compliance.

Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance including Cannabis Regulations, Bank Secrecy Act and Anti-Money Laundering laws.

Escalate any compliance concerns to the Compliance Manager for possible corrective action.

Perform all other related duties as assigned.Required Knowledge, Abilities, and Education:

• Effective oral and written communication skills required to proof-read, review, summarize, and report on complex government rules, regulations, and guidance.
• Must possess sufficient manual dexterity to skillfully operate an on-line computer terminal and other standard office equipment, such as financial calculators, personal computers, facsimile machines and telephones.
• Knowledge of compliance laws, rules, regulations (with a special emphasis on consumer protection regulations), and procedures. Sound knowledge of principles of business. Ability to communicate at a management level (oral and written) and work well with others in a dynamic team environment. Demonstrated ability to utilize a consultative approach with Senior Management. Strong foundation in credit union philosophy, member service and operational processes.
• Ability to work effectively and collaboratively within the department, with business unit owners, and others outside of the credit union. Strong problem-solving, credit union operations, and organizational skills with the ability to present information logically.
• Ability to positively communicate suggested solutions and alternate outcomes. Ability to multi-task effectively and meet deadlines with limited supervision. Possess the ability to work independently with minimal direction and exhibit initiative. A background in regulatory compliance would be helpful but is not required.
• Demonstrated ability to think critically and analyze and communicate complex information to all levels of management and staff.
• Proficiency in Microsoft Word, Excel, and PowerPoint as well as Adobe Acrobat Pro and SharePoint.

Beneficial Education and Experience:

• Bachelor's degree in Business Administration or Associates degree coupled with commensurate experience preferred, but not necessary. Business communications, analysis and/or regulatory compliance experience.
• Three years or more related experience with disciplines as noted above with emphasis on regulatory compliance, project management, customer service, branch operations, complaint resolution and problem-solving. Demonstrated competency in and passion for compliance activities.
• Proficiency in Verafin, DocFox, KeyStone, software programs.

Physical Requirements

• Prolonged sitting throughout the workday with occasional mobility required.
• Corrected vision within the normal range.
• Hearing within normal range. A device to enhance hearing will be provided if needed.
• Ability to lift 15 lbs. as may be required.
• Occasional movements throughout the department daily to interact with staff, accomplish tasks, etc.

Job Type: Full-time

Pay: $18.67 - $28.01 per hour

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Tuition reimbursement
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday
• Overtime

Supplemental Pay:

• Bonus pay

COVID-19 considerations:Yes, mask wearing, 6 feet distances. Sanitizer

Education:

• Bachelor's (Preferred)

Experience:

• Compliance: 2 years (Preferred)

Work Location:

• One location

Company's website:

• www.comfirstcu.org

Benefit Conditions:

• Waiting period may apply

Work Remotely:

• No

COVID-19 Precaution(s):

• Remote interview process
• Personal protective equipment provided or required
• Plastic shield at work stations
• Temperature screenings
• Social distancing guidelines in place
• Virtual meetings
• Sanitizing, disinfecting, or cleaning procedures in place

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