Job 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 include the following. Other duties may be assigned.
- 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
- Assist with coordination and support of audits and examinations by internal auditors and federal regulators
- Manage assignments and effectively meet deadlines
- Assists with special projects and perform other duties and responsibilities as assigned
- Assists others who may be SME in other areas
- Assures a positive working relationship is developed and maintained with auditors / examiners
- Serves as technical resource involving regulatory compliance, including operations compliance
- Assists in compilation of monthly and quarterly reports
- Coordinate/maintain regulatory logs
- Assists with 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
- Adhere to Policy and Procedures - Responsible for all compliance with bank policies, procedures, and operational integrity.
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
