Risk Consultant III - Corporate Compliance

First Horizon•Memphis, TN

1d•Onsite

About The Position

Risk Consultant III is responsible for advising on and overseeing compliance risk across client-impacting products, services, and processes. This role interprets federal and state regulatory requirements, provides guidance to line management, and drives effective issue management and remediation. Risk Consultant III partners closely with associates in the first line, Legal, Operational Risk, Internal Audit, and external regulators to strengthen the control environment, protect our clients, and support safe and sound growth.

Requirements

Bachelor (4-year college) degree
5-7 years of Banking experience or equivalent combination of education and experience
Strong analytical skills and attention to detail.
Excellent written and verbal communication abilities.
Proficiency in MS Office Suite; experience with audit or risk management software is a plus.

Nice To Haves

Previous experience in risk management, internal audit, compliance, or control testing preferred.
Professional certification preferred (e.g., CRCM or equivalent).
Familiarity with relevant banking regulations (e.g., FRB, CFPB, FDIC) and control frameworks preferred.

Responsibilities

Responsible for executing the bank’s compliance program, including risk assessments, policy governance, advisory support, training, and issue management.
Partner with business lines, Risk, Legal, Audit, and Operations to ensure compliant practices that protect the bank and our clients.
Serve as a subject matter resource on applicable banking regulations and the three-lines-of-defense framework.
Provide timely compliance guidance on new products, services, marketing, client communications, and process changes.
Review and challenge business decisions for regulatory risk; escalate concerns and recommend remediation.
Assist with defining and tracking key risk indicators and metrics to monitor compliance risk and trends.
Draft, maintain, and socialize compliance policies, standards, and procedure requirements; ensure alignment with regulatory expectations.
Develop and deliver targeted compliance training for associates in the first line and other stakeholders.
Monitor regulatory developments, enforcement actions, and industry guidance; perform impact assessments and oversee implementation plans.
Coordinate and prepare responses and materials for regulatory examinations and inquiries.
Assess compliance risk in third-party relationships in partnership with vendor management.
Responsible for ensuring Senior Management is made aware of identified weaknesses in existing risk management controls, tracking issues identified, and ensuring issue resolution.
Monitors, interprets and manages implementation of regulatory changes at a Corporate-wide
Prepares reports as necessary for the Compliance Risk Committee, Management Risk Committee and Board Risk Committee
Performs other related duties as required