Our client is a bank. They seek a Trust Compliance & Risk Officer to join their Manhattan, NY office.

Responsibilities

• Handle compliance and risk management for the Investment Management and Trust Divisions
• Ensure compliance with applicable federal and state fiduciary and investment regulations
• Periodically review and monitor compliance with Trust department policies and procedures
• Verify effective policies are in place for all trust operational and investment processes
• Review all new portfolio/account openings to ensure proper legal documents are obtained
• Prepare compliance and risk management-related oversight committee meeting materials
• Confirm the system of internal controls in place to safeguard trust assets as appropriate
• Conduct compliance monitoring for internally managed fixed income and equity accounts
• Monitor the handling of client complaints to ensure adherence to Bank-wide requirements
• Complete periodic training with Trust personnel concerning regulatory requirements

Requirements

• Bachelor’s degree
• 7 years of trust compliance experience
• Financial services operational background
• Knowledge of trading and investment management systems
• Understanding of trust administration policies and procedures
• Excellent verbal/written communication skills
• Strong supervisory and organizational skills
• Skilled in MS Office Suite

JobID: 16962