Compliance Specialist III

First Financial Bank • Cincinnati, OH

4d • $74,000 - $100,000

About The Position

The Compliance Specialist III monitors and provides business support on complex regulatory, risk, and legal matters. The role advises business lines on policies, processes, procedures, and projects; conducts multifaceted testing and monitoring; reviews and helps respond to client complaints; and may perform data management and business analysis. It helps ensure that policies and procedures comply with applicable banking laws, regulations, and rulings, and provides subject matter expertise so regulatory risks are understood and mitigated. The role may focus more heavily on one or more of these areas.

The position works with the Chief Compliance Officer and business line management to implement the Compliance Management System and Program, address loan and HMDA data inconsistencies, and support accurate regulatory reporting. It reviews policies and procedures, assesses the impact of laws and regulations on business lines, updates operating procedures, develops monitoring and testing reviews, and supports remediation of compliance exceptions and examination findings. Additional work includes researching compliance questions, drafting management reports, partnering with Legal, Risk, technology, and business teams, supporting regulatory reviews, delivering compliance education, and reviewing marketing, website content, and disclosures.

For data management and business analysis, the role gathers and documents requirements for compliance testing, reporting, and systems; collaborates with technology partners; coordinates stakeholder discussions and solution validation; resolves reporting or operational issues; and maintains inventories of compliance systems, users, data sources, and access needs. The role may also lead projects or processes with significant business impact and may supervise individuals or teams where applicable.

Requirements

• Seven or more years of banking-related experience, including at least two years of banking compliance experience.
• Strong oral and written communication and interpersonal skills.
• Proficient computer skills, including working knowledge of Microsoft Office applications and SharePoint.
• Bachelor’s degree or equivalent experience.

Nice To Haves

• Certified Regulatory Compliance Manager (CRCM) certification preferred.

Responsibilities

• Work with the Chief Compliance Officer and business line management to implement the Compliance Management System and Program.
• Resolve inconsistencies in loan data and recommend changes to support accurate regulatory and HMDA data reporting.
• Review bank policies and procedures in relation to the compliance risk management framework.
• Determine how laws and regulations affect business lines and maintain expertise in applicable requirements.
• Review and update operating procedures to support continuous compliance.
• Initiate corrective action for compliance exceptions, criticisms, deficiencies, violations, reporting errors, and operational issues.
• Develop and refine monitoring and testing reviews.
• Understand the systems, vendors, and procedures used by business lines.
• Draft memorandums and reports for management.
• Research and resolve compliance-related issues and inquiries.
• Lead projects, programs, or processes with significant business impact, including cross-functional work.
• Partner with Legal, Risk, business lines, and technology partners on compliance matters and regulatory interpretation.
• Coordinate and support business areas during regulatory reviews and help resolve findings.
• Implement compliance support programs that educate and train associates and build risk awareness.
• Review and approve product and service marketing advertisements, website content, and disclosures.
• Research, analyze, and respond to client complaints filed with the bank or regulatory agencies, coordinating appropriate resolutions and complex remediation as needed.
• Gather and document compliance data requirements for testing, inputs, reports, and systems, and lead related updates and testing initiatives.
• Act as a liaison between compliance functions and technology partners to support data management needs and strategic initiatives.
• Gather and document stakeholder requirements, arrange discussions, and coordinate check-ins to validate solutions and timing.
• Maintain departmental listings of compliance systems and users, as well as systems used to retrieve data and related access needs.
• Where applicable, manage and assign individual or team tasks and workflows, conduct performance evaluations and quarterly check-ins, create development plans, and support team goals.

Benefits

• Benefits and programs supporting associates' holistic wellbeing; details are provided in the Benefits Guide.
• Incentive eligibility for all roles except Co-Op, Intern, or Student positions.

What This Job Offers

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