Assistant Loan Compliance Officer

First Farmers Bank & Trust•Kokomo, IN

9d•$60,000 - $70,000•Hybrid

About The Position

First Farmers Bank & Trust has been proudly serving families, farms, and businesses since 1885, building relationships rooted in trust and community. With over 140 years of experience, we’ve grown to become one of the largest community banks in Indiana and Illinois, offering a full range of financial services—from personal and business banking to agricultural lending and mortgage solutions. Our mission is simple: deliver personalized financial services while fostering strong relationships that help our communities thrive. We believe in combining today’s digital banking convenience with the traditional values of integrity, perseverance, and customer care. With 37 branches in Indiana and Illinois, we remain deeply committed to the communities we serve. Through initiatives like financial education programs, scholarships, volunteerism, and local partnerships, we invest in what matters most—people. At First Farmers, we also invest in our employees. We offer competitive benefits, opportunities for professional growth, and a culture that values collaboration and community engagement. When you join our team, you’re not just starting a job—you’re joining a company built on heart and grit.

Requirements

High School Diploma or equivalent
Minimum of 2 years of banking experience
Ability to participate in community engagement activities with the compliance team
Microsoft Office suite
Effective written and verbal communication
Experience presenting in front of small to large groups of people
Excellent documentation, organization, and attention to detail

Nice To Haves

Bachelor’s degree
Experience in analyzing and reporting on data
Certified Regulatory Compliance Manager (CRCM) designation
Experience working in lending

Responsibilities

Provide ongoing monitoring to ensure that the institution is complying with federal and state regulation, said monitoring including but not limited to, performing, as well as memorializing in writing, reviews, as well as, with the approval of the SVP Compliance Officer, implementing corrections to technical or systemic errors
Provide support for the internal and independent auditors to ensure that compliance issues are identified and adequately addressed
Provide assistance to independent auditors while on site. Gather documents and reports as requested
Assist in reviewing and revising the institutions forms and disclosures for compliance with applicable laws and regulations. Work with SVP Compliance Officer in developing contracts, forms, and/or disclosures that meet the needs of the institution and comply with all applicable laws and regulations relating to the loan side
Assist in developing (and/or updating) a comprehensive training program to address the institution’s compliance policies and procedures, as well as applicable federal and/or state regulatory requirements pertaining to compliance
Assist in providing reports to the audit committee as submitted by the federal and state regulatory agency and the independent auditors, as well as management’s response
Responsible for the update training of departments on loan related items
Assist the CRA Officer with CRA-related projects
Pull reports for the CRA Officer related to lending activities
All other job duties as assigned

Benefits

Medical Insurance (eligible on date of hire) with options for High Deductible Health Plan (HDHP) and Co-Pay Plan
Vision Coverage
Dental Coverage
Prescription Plan
Wellness Incentive – earn up to $25 per pay period toward premium reduction
Life & Accidental Death & Dismemberment Insurance – 100% employer-paid
Short & Long-Term Disability Insurance – 100% employer-paid
401(k) Plan
Profit Sharing Stock Option
Health Savings Account (HSA) contributions for HDHP participants
Vacation time
Sick Time
Personal Day
11 Paid Holidays
Paid Bereavement
Paid time to volunteer (when representing FFBT and supervisor approved)
Voluntary Donated PTO Program
Employee Assistance Program
Travel Assistance Program
Educational Assistance Program
Corporate Discounts
Employee Referral Program
Stock Purchase Loan Option
Retirement Plan Counseling
Wellness Program
Gym Reimbursement
Employee Quarterly Recognition Program
AFLAC supplemental benefits
Cincinnati Life supplemental coverage
Family Medical Leave
Paid Bereavement Leave
Maternity Leave Policy