Career Opportunities with FirstBank

Tennessee’s premier community bank, dedicated to meeting our clients’ needs – big and small.

Careers At FirstBank
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FirstBank is an Equal Opportunity Employer. We encourage minority and female applicants to apply.

Compliance Audit Specialist

Territory: Jackson, TN

The Compliance Audit Specialist performs self-monitoring and audit functions related to the bank’s audit program to test internal controls for deposit, loan and operations compliance. Writes audit plans, collects and analyzes large sets of data, prepares well documented work papers, and maintains organized compilation reports as directed by the Compliance Audit Officer. Prepares and reviews audit findings, writes recommendations and corrective actions, and leads meeting with the Compliance Audit Officer and Business Lines. Additionally, may assist in operational compliance during the planning, testing, and implementation of procedures of products, services and programs.

Essential Duties and Responsibilities:

Operational Duties:

  • The primary responsibility of this position is to conduct testing of controls, products, and services to all applicable consumer protection laws and regulations in with compliance has oversight responsibility.

  • Must have working knowledge of state and federal laws and regulation related to lending and deposit.

  • Must have the ability to demonstrate an understanding of applicable laws & regulations to interpret the meaning and clearly articulate to others.

  • The ability to analyze large sets of data, utilize critical thinking skills, and the ability to work in with a sense of urgency to meet deadlines is essential.

  • Articulate writing skills to clearly convey audit findings is necessary.

  • Assists others who may be a SME (subject matter expert) in other areas (i.e. bank advertising, flood, loan operations, deposit operations, etc.).

  • Assures a positive working relationship is developed and maintained with auditors / examiners.

    • Must be comfortable calendaring and leading meeting to proactively work through audit items.

  • Serves as technical resource involving regulatory compliance, including operations compliance to front line personnel.

Reporting: (Adjusts to a risk-based approach as assigned by Compliance Audit Officer):

  • Monthly and quarterly reports:

    • Compilation of quarterly Board reports

    • Audits performed during the quarter

  • Assists the Compliance Audit Officer with implementation of revised and new rules / audit procedures.

Customer Service – Responsible for fostering the FirstBank Experience to our internal customers, FirstBank associates.

  • Standards and Training:

    • 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.

Standard:

  • No findings from internal audit
  • Must meet all required training
  • No compliance violations

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.

Education and/or Experience 

  • Associate’s degree in Business, Accounting, Finance, Legal, or other related field; or equivalent coursework.
  • Banking compliance experience preferred but equivalent combination of education and experience, which demonstrates the knowledge, skills and abilities to perform the job duties of this position.
  • Experience in financial institution environment preferred
  • High School Diploma or GED required
  • Banking certifications a plus, but not required

Language Skills 

Ability to read, analyze, and interpret periodicals, professional journals, technical procedures, or government regulations. Ability to effectively present information and respond to questions from peers and general bank population.

Mathematical Skills 

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.

Reasoning Ability 

Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

Computer Skills 

To perform this job successfully, an individual should have knowledge of Database software; Spreadsheet software and Word Processing software.

Other Skills and Abilities 

Ability to handle multiple tasks in a time sensitive environment. Must be detail oriented and organized.

 

 

 

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