Compliance Officer
Where
- St. Louis, MO
What you'll be doing
- Assist in the development of the annual fiduciary compliance testing program and appropriate risk assessments. Perform regular compliance testing to ensure the effectiveness of implemented fiduciary compliance controls. Act as liaison with the AML officer and fiduciary staff members in implementing changes to the bank AML program, if needed. Coordinate testing efforts with internal audit, risk management and other testing functions within the business to share information and otherwise advance the established control processes designed to meet regulatory requirements. Recommend and evaluate remediation plans by business units. Assist in the oversight and tracking of issues and remediation plans, and escalate unpremeditated items as appropriate. Review and evaluate internal controls and procedures established to comply with applicable state and federal laws, rules and regulations. Identify, document, evaluate and report on compliance risks associated with products, services, customers and operations. Establish and maintain regular, direct and informal personal communication with the company employees and outsource partners to build trust and obtain the necessary information to assist in maintaining an effective compliance program in accordance with the five pillars of compliance: (1) Advice, (2) Training and Communication, (3) Policies and Procedures, (4) Surveillance and Oversight, and (5) Regulatory. Provide compliance support to business units by participating on product development teams and other business projects. Assist in assuring that the compliance function coordinates with and fulfills all necessary requirements of the company various audit and board functions, including assisting in the preparation and submission of reports to the various board and audit committees on compliance projects, issues, findings and testing results. Assist in all phases of preparation for regulatory examinations. Attend Fiduciary Officers committees as compliance representative and guest. Perform or assist with special projects as needed. Commitment to continuing education to remain current with regulations, best practices and industry trends. This includes attendance at an annual off-site training conference on topics related to compliance and risk management trends.
What your background should be
- 5 years compliance experience at a financial institution or as a bank regulator is required. Internal Audit, Compliance Testing, or Quality Assurance experience is highly preferred. Strong knowledge of the fiduciary regulatory structure and environment (OCC rules regarding trust investments and administration, SEC rules, Bank Secrecy Act/Anti-Money Laundering, Customer Identification Program requirements, Gramm Leach Bliley Act requirements, etc.) is required. Certified Fiduciary Investment & Risk Specialist (CFIRS) designation, or related designation, preferred. Strong interpersonal, leadership and relationship skills. Ability to participate and/or manage special projects.
Required Schooling / Training
- Bachelor degree
Who is the client company
- The company provides financial and insurence service.
- If you are interested in this position, send your resume to apply@kochdavis.com
