Corporate Compliance Specialist

Description

The Corporate Compliance Specialist in an advisory role supports the first line of defense by participating in various activities to compliment a three line of defense Compliance Management System. This role is responsible for maintaining compliance and control requirements for several key areas within the department to ensure adherence with applicable federal banking laws and regulations. Specific areas include, but are not limited to, performing third party reviews, participating in change management, complaint management, supporting first line activities and other support functions.

• Reviews audit findings, recommendations, and corrective action, with the lines of business owners to provide support.

Essential Duties and Responsibilities

• Support the Bank’s culture by seeking opportunities to reduce risk, promote operational efficiencies, and foster an atmosphere of compliance.
• Perform research, reviews and maintain an understanding of regulatory materials, announcements, and related publications.
• Develop subject matter expertise for assigned areas while assisting in the development and implementation of controls to support compliance.
• Update / maintain documentation related to areas assigned.
• Aid in coordination and support of audits and examinations by internal auditors and federal regulators.
• Manage assignments and effectively meet deadlines.
• Aids in special projects and perform other duties and responsibilities as assigned.
• Aids in compiling monthly and quarterly reports.
• Carefully maintains regulatory logs.
• Aids in bank strategic projects and other special projects.

Customer Service

• Responsible for fostering the FirstBank Experience to our internal customers, FirstBank associates.
• Maintain required training in a self-paced environment.
• Maintain additional off-site training as required.

Education and/or Experience

• 5+ years of experience in financial institution environment.
• 3+ years of experience required in the field of consumer compliance.
• High School Diploma or GED required.

About the Role

This role supports the first line of defense by participating in various activities to compliment a three line of defense Compliance Management System. It involves maintaining compliance and control requirements for several key areas within the department to ensure adherence with applicable federal banking laws and regulations.

Responsibilities

• Supports the Bank’s culture by reducing risk, promoting operational efficiencies, and fostering a compliant environment.
• Performs research, reviews, and maintains knowledge of regulatory materials, announcements, and publications.
• Develops subject matter expertise for assigned areas and assists in the development and implementation of compliance controls.
• Updates and maintains documentation related to assigned areas.
• Aids in coordination and support of audits and examinations by internal auditors and federal regulators.
• Manages assignments and meets deadlines.
• Aids in special projects and performs other duties as assigned.
• Aids in compiling monthly and quarterly reports.
• Maintains regulatory logs.
• Aids in bank strategic projects and other special projects.

Requirements

• 5+ years of experience in financial institution environment.
• 3+ years of experience required in the field of consumer compliance.
• High School Diploma or GED required.

Qualifications

• Supports the Bank’s culture by reducing risk, promoting operational efficiencies, and fostering a compliant environment.
• Performs research, reviews, and maintains knowledge of regulatory materials, announcements, and publications.
• Develops subject matter expertise for assigned areas and assists in the development and implementation of compliance controls.
• Updates and maintains documentation related to assigned areas.
• Aids in coordination and support of audits and examinations by internal auditors and federal regulators.
• Manages assignments and meets deadlines.
• Aids in special projects and performs other duties as assigned.
• Aids in compiling monthly and quarterly reports.
• Maintains regulatory logs.
• Aids in bank strategic projects and other special projects.

Skills

• Supports the Bank’s culture by reducing risk, promoting operational efficiencies, and fostering a compliant environment.
• Performs research, reviews, and maintains knowledge of regulatory materials, announcements, and publications.
• Develops subject matter expertise for assigned areas and assists in the development and implementation of compliance controls.
• Updates and maintains documentation related to assigned areas.
• Aids in coordination and support of audits and examinations by internal auditors and federal regulators.
• Manages assignments and meets deadlines.
• Aids in special projects and performs other duties as assigned.
• Aids in compiling monthly and quarterly reports.
• Maintains regulatory logs.
• Aids in bank strategic projects and other special projects.

Benefits

FirstBank offers competitive benefits including health insurance, retirement plans, and paid time off.

Pay

Compensation is commensurate with experience.

Schedule

Full-time position.

FirstBank

FirstBank is an Equal Opportunity Employer, including disability. Recruitment agencies and staffing firms may not submit resumes directly to managers.