Sr. Banking First Line Compliance Specialist

This position is NOT remote or hybrid. This position can work in the Nashville, Franklin or Knoxville, TN FirstBank offices or in our Birmingham, AL office.

Summary:

The Senior First Line Compliance Specialist support's the bank's First Line of Defense for compliance. Sr. Specialists support the Sr. First Line Compliance Manager and partner with all segments of the bank to lead the development, implementation and execution of the institution's first line controls and monitors within the various areas of the bank. The Sr. First Line Compliance Specialist is responsible for partnering with multiple areas of FirstBank, including Corporate Compliance and Risk Management, in addition to other First Line Compliance roles and teams, to identify and mitigate regulatory compliance risk.

Essential Duties and Responsibilities:

• Perform first line daily check backs, weekly reviews or monthly reviews for quality control of critical bank compliance processes and procedures
• Partner with the business unit to enhance regulatory compliance within all processes, procedures and practices
• Partner with the Sr. First Line Compliance Manager on findings and recommended remediation
• Perform research in areas of compliance to ensure a good understanding of the recommendations and findings presented in audits
• Coach and mentor less experienced staff to meet challenging project deliverables and timelines while supporting Lead and Manager on assigned tasks/projects
• Develop best practices of ongoing quality control reviews for bank compliance
• Look for opportunities to create/enhance compliant operational efficiencies
• Assists Bank leadership with consumer complaint response, as needed, and monitor for appropriate complaint resolution timelines
• Evaluate all current and new compliance regulations; review company processes; identifies areas and assist with development of compliance training materials, as needed
• Monitor testing reports for trending items and ensure any process/systemic root causes of issues are addressed with the business units and/or reported through appropriate channels
• Aligns priorities to meet team goals established by Manager in timely manner with proactive communication and quality work product
• Assists with development and implementation of a First Line Compliance Testing Calendar using a risk-based approach
• Establishes reporting and tracking for emerging risks, control effectiveness, compliance risk exposure and mitigation efforts

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Ability to convey complex regulatory requirements in a clear and concise manner
• Proven track record of building and creating processes, procedures and reporting
• Ability to build rapport and trust with teams cross-functionally and across all levels and provide a positive atmosphere to the team and others.
• Demonstrated ability and experience providing successful and efficient solutions to discovered risks
• Proven experience successfully interacting with auditors, consumers, and internal staff
• Ability to thrive in a fast-paced company
• Willingness to complete training courses that are available to compliment work experience
• Proven experience successfully working in a confidential environment

Education and/or Experience:

• 4+ years of banking regulatory compliance experience with retail banking and/or operations experience a plus
• Experience coaching and mentoring peers
• CRCM or similar certification, or additional years of compliance experience, preferred
• Working knowledge of Federal and State regulations, particularly consumer lending regulations including but not limited to Reg. Z, Reg. X, ECOA, HMDA, and UDAAP is highly preferred.