Compliance Officer

First Farmers & Merchants Bank • Columbia, TN

4d • Onsite

About The Position

The Compliance Officer is responsible for supporting the bank's Compliance Management System and assisting the Chief Compliance Officer in the administration of the compliance program. This role supports regulatory compliance oversight through structured testing and monitoring, regulatory change management, governance reporting, and audit and examination coordination. The position works closely with business lines and support functions to identify compliance risk, strengthen controls, and promote timely remediation of issues.

Requirements

• Ten years to fifteen years of similar or related experience.
• A bachelor's degree, or achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g. information technology certifications in lieu of a degree).
• Working knowledge of consumer compliance laws and regulations applicable to community banking operations.
• Experience with compliance testing, monitoring, issue tracking, and support for audits or regulatory examinations.
• Strong understanding of compliance risk management, monitoring, testing methodologies, and internal control concepts.
• Ability to analyze regulatory requirements and apply them in a practical community bank operating environment.
• Excellent written and verbal communication skills, including the ability to prepare concise reports and present information clearly to management.
• Strong organizational skills, attention to detail, and the ability to manage multiple priorities and deadlines.
• Demonstrated judgment, professionalism, and discretion in handling confidential or sensitive information.

Nice To Haves

• Professional certification such as CRCM, CCBCO, or a similar designation is preferred.

Responsibilities

• Execute and document risk-based compliance testing and monitoring activities across applicable consumer, deposit, lending, operations, and related regulatory areas; maintain schedules, workpapers, exception tracking, validation, and follow-up to support timely issue resolution.
• Assist the Chief Compliance Officer in maintaining and enhancing the Compliance Management System, including policies, procedures, controls, regulatory change tracking, and implementation support for new or revised requirements.
• Support governance activities through preparation of committee and management reporting, assistance with compliance risk assessments, policy review coordination, issue tracking, and maintenance of related governance documentation.
• Assist with internal audits, external audits, compliance reviews, and regulatory examinations by gathering documentation, coordinating responses, tracking findings, and supporting corrective action and remediation efforts.
• Partner with business units to provide practical compliance guidance related to products, processes, and controls, and assist with training content and compliance communications as needed.
• Maintain complete and well-organized records to support audit and examination readiness and perform additional compliance, governance, monitoring, and risk support responsibilities as assigned by the Chief Compliance Officer.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level