Trust Compliance & Risk Officer


Financial Services


New York, New York

Employment Type



A banking client is looking for a Compliance Professional with Trust experience to join their team. 

Compensation : $69 - $75
Job ID : 29601

Job Function:

  • Responsible for compliance and risk management for the  Bank’s Investment Management Division/Trust Department
  • Monitor and ensure compliance with applicable federal and state fiduciary, securities, investment regulations, ERISA, FDIC and New York State  Banking regulatory requirements, BSA/AML regulations and DOL reporting and filing requirements
  • Ensure appropriate and effective policies are in place for all trust operational and investment processes
  • Review and approve all new portfolio/account openings to ensure all proper legal documents are obtained per internal policy and regulatory requirements
  • Coordinate preparation of compliance and risk management related oversight committee meeting materials to ensure timely and accurate reporting to oversight committees.  Supervise investment and administrative account reviews to ensure significant issues are reported to oversight committees
  • Review the system of internal controls in place to safeguard trust assets as appropriate
  • Conduct compliance monitoring for internally managed fixed income and equity accounts for reporting to oversight committee meetings, as well as periodic training for personnel regarding regulations
  • Monitor the procedure for handling client complaints to ensure adherence to  Bank-wide requirements
  • Responsible for assisting vendor management with Trust department vendors, which includes requesting quarterly compliance certification from sub-advisors, reporting results to management and oversight committees and evaluating the adequacy of due diligence on new Trust related vendors

Job Requirements:

  • Bachelor's Degree required.  
  • 7+ years of Trust Compliance experience (not from a broker dealer.)  
  • MS Office experience required.
Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.