Senior Risk Compliance Officer - Compliance Testing

Senior Risk Compliance Officer - Compliance Testing

The primary responsibility of this position is to conduct testing of all Products and Services to all applicable regulations in which Corporate Compliance has oversight responsibility. Must have a knowledge of all state and federal laws and regulations related to Consumer, Trust, and Commercial Compliance to be leveraged as part of other testing responsibilities. Must have transferrable skills that demonstrate the knowledge and ability to interpret and vet laws and regulations. The ability to analyze large sets of data in a timely manner. This job involves the exercise of discretion and judgment. Exhibits a sense of urgency, adheres to deadlines (both internal and those required by law) and meets department quality standards for accuracy and completeness of work. Participates in company wide project initiatives that expand and advance the Corporate strategy while ensuring processes / changes implemented are in compliance with all applicable laws and regulations; including but not limited to : new / expanded products, services, initiatives, systems, and marketing.

Essential Duties and Responsibilities :

• Coordinate with business partners to gather appropriate information to complete all required testing reviews.
• Must have a proficient level of knowledge of the various laws, regulations and rulings. Must be able to research and interpret the requirements of the regulations
• Proficient knowledge of banking products and services
• Exercise discretion and judgment identifying risk / control gaps that may have an adverse impact; and the ability to communicate issues and root causes effectively to the CT Director and the business unit.
• Responsible for consistent and timely completion of all assigned reviews, including SWAT reviews, with minimal supervision and corrections. Completion of assigned reviews includes but is not limited to developing or updating testing steps, preparing request letter, effectively communicating with management throughout the review, providing timely status and potential issue updates to the Compliance Testing (CT) Director, issuance of preliminary findings to management, reviewing management responses to determine adequacy
• This position requires the safekeeping and complete confidentiality of all customer transactions and information, including that of other bank personnel.
• Using sound judgement when communicating and discussing findings with the CT Director; and assisting the CT Director to ensure corrective action implemented satisfactorily addresses any issues noted.
• Maintaining necessary workpaper standards to meet the requirements of internal partners (Internal Audit) and regulatory agencies (FRB, CFPB, etc.).
• Assist with the coordination of information requests including preparation of requested items while maintaining a workload balance to ensure timely completion of all assignments
• Communicate as required with appropriate senior management and examiners concerning review findings and corrective action.
• Maintaining a commitment to continuous learning and developing knowledge and skills to competently and efficiently execute assignments.
• Proactively communicates with management when a deadline is in jeopardy of not being met.
• Must be proactive and take the initiative to assist with ad-hoc departmental projects and have the ability to maintain timely completion of assigned reviews while assisting with the ad-hoc departmental projects.

Supervisory Responsibilities :

Qualifications :

Computer and Office Equipment Skills :

Certificates, Licenses, Registrations (Ex : CPA, Series 6 or 7 license, etc) : None required

About Us : First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank.

Benefit Highlights :

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.