Compliance Specialist I

Address

We’re always looking for bright individuals to join our growing organization. As a part of the First Financial Family, we will invest in your development and provide a dynamic work environment where you’re challenged, valued and empowered every day. We strive to be the best destination for the industry’s top talent, creating a diverse, collaborative workplace that celebrates innovation and change. We are one team, working together to get things done.

Job Description:

Office Location:

Abilene, Texas, United States

SCOPE/CONTACTS:

Incumbent is responsible for testing the Bank’s policies, procedures and practices for compliance with numerous federal regulations and published guidelines, and for evaluating and reporting the level of compliance and identified deficiencies to appropriate line managers. The incumbent will regularly interact with Bank managers and employees. The incumbent must have good communication skills and exercise diplomacy when discussing testing findings with management and staff.

ESSENTIAL FUNCTIONS: Incumbent’s responsibilities will include:

• Maintaining a high level of understanding and expertise in consumer regulatory compliance related to lending, deposits and other banking operations;
• Keeping abreast of new/amended applicable federal regulations and published official guidance;
• Being familiar with applicable state statutes and regulations;
• Conducting compliance assurance assessments, discussing the findings with appropriate management, obtaining management commitment, and composing a written report of the findings, any corrective actions required, and the level of compliance for distribution to line managers, senior managers and the Board of Director’s Risk Committee;
• Assisting the SVP Director of Compliance Assurance in the development of new and the amendment of existing compliance assessment working documents;
• Actively participates in the Customer Service First program, support the values of the organization and follow established policies and procedures; and
• Other duties as assigned.

MINIMUM QUALIFICATIONS:

• An associate degree in business, accounting, auditing, or related discipline,
• Three years of financial institution regulatory compliance experience,
• Certified Regulatory Compliance Manager (CRCM) certification preferred 
• Additional banking experience related to lending and deposit operations, auditing, and accounting will be helpful.
• The incumbent must have a working knowledge of Word, Excel, Outlook, and Adobe Acrobat software. Familiarity with other features of Microsoft’s Office suite of applications will be helpful.
• The incumbent should possess the following skills: Attain, develop, and apply good working knowledge of the requirements of numerous state and federal banking laws and regulations;
• Research, analyze, interpret, and effectively apply banking laws to given situations, Bank products, and services;
• Exercise discretion and sound judgment, particularly when advising or directing the application of laws and regulations;
• Communicate effectively with Bank personnel, officers, senior managers and examiners;
• Perform job responsibilities effectively with minimum supervision;
• Good oral and written communication skills;
• Protect confidential information.

The above statements reflect the general details considered necessary to decide the principal functions of the job identified and shall not be construed as a detailed description of all work requirements that may be inherent in the job.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)