Position Summary
The Compliance Program Manager coordinates the regulatory compliance process for Busey Wealth Management and is primarily responsible for ensuring that Wealth Management is in compliance with federal and state statutes and regulations.
This will entail ensuring that appropriate policies and procedures have been adopted, assisting with compliance training, performing compliance testing, and generating management reports.
Duties & Responsibilities
Manage and enhance our regulatory compliance program, including the account review process, monitoring exceptions, investment and administrative compliance, periodic reporting, statement review, and complaints.
Develop compliance testing program and perform testing to ensure compliance to identified standards; make recommendations to enhance policies and procedures such as, but not limited to, recommending and participation of training to wealth management associates.
Generate monthly/quarterly/annual reports regarding a variety of compliance-related metrics.
Analyze data to determine enhancements to testing, training, policies, and procedures.
Assist with risk assessments and development of KRIs and other tools.
Prepare materials in response to internal audits and regulatory exams; provide support during exams.
Provide compliance support to Wealth Management’s operations, sales, fiduciary, and investment teams.
Partner with the Bank’s FCRM, audit, and compliance teams to ensure consistent risk measurement and management throughout the company.
Assist the Chief Fiduciary Officer with a variety of initiatives, including acquisition integration, Municipal Advisor compliance, FINRA compliance for a small RIA, and other projects.
Education & Experience
Knowledge of:
Understanding of federal and state laws and regulations, including Reg 9 and fiduciary statutes; research in legal and compliance areas
Strong oral and written communication skills
Microsoft Office suite of products
Ability to:
Manage complex projects and multiple priorities
Identify and analyze problem situations and develop appropriate solutions
Work independently on specific tasks and projects
Work as a team to meeting project deadlines
Document work done in a way that is repeatable and auditable
Education and Training:
Requires Bachelor’s degree or the equivalent combination of education and experience is required; advanced degree is preferred.
Requires 7 or more years in trust compliance, trust audit, trust administration, or trust operations at an FDIC or OCC regulated institution, ideally with assets in excess of $15 billion.
Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent.
A team with diverse talent, working together, is essential to Busey’s commitment of delivering service excellence.
Busey is an Equal Opportunity Employer including Disability/Vets.
Visit Busey.
com/Careers to learn more about Busey’s Equal Opportunity Employment.
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