What are the responsibilities and job description for the Compliance Officer position at Edward Jones?
Join a financial services firm where your contributions are valued. Edward Jones is a Fortune 500¹ company where people come first. With over 8 million clients and 19,000 financial advisors across the U.S. and Canada, we’re proud to be privately-owned, placing the focus on our clients rather than shareholder returns.
Behind everything we do is our purpose: We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.
People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.
View our Purpose, Inclusion and Citizenship Report.
¹Fortune 500, published June 2023, data as of December 2022. Compensation provided for using, not obtaining, the rating.
Behind everything we do is our purpose: We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.
People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.
View our Purpose, Inclusion and Citizenship Report.
¹Fortune 500, published June 2023, data as of December 2022. Compensation provided for using, not obtaining, the rating.
In this role, you will partner with numerous internal business areas throughout the firm to support the continued growth of Edward Jones Trust Company's business and our commitment to bring to life the positive impact that our clients wish to have on their families and communities during their lifetimes and beyond. Your primary responsibilities will focus on maintaining and continually evolving the compliance program for the Trust Company, which is comprised of over 4,000 accounts totaling more than $5 billion in assets.
The work is dynamic and requires: (i) strong collaboration and the ability to foster meaningful and deep relationships across the organization; (ii) the ability to prioritize and timely address numerous complex efforts simultaneously; (iii) flexibility and innovative approaches to successfully achieve optimal solutions for clients, branch teams and the firm; and, (iv) a growth mindset and adaptability to help the Trust Company evolve. If you exhibit these qualities, possess an aptitude for continual learning and prioritize being an instrumental partner dedicated to advancing the Trust Company's business, we encourage you to apply.
What You'll Do:
The associate will be responsible for supporting the Trust Company's efforts to understand and comply with applicable laws, regulations and industry best practices and maintain strong relationships with regulators and auditors. Key functions related to this responsibility are listed below.
The associate will also support efforts to identify, analyze and effectively manage the Trust Company's reputation, strategic, operational, compliance, financial and other risks.
The work is dynamic and requires: (i) strong collaboration and the ability to foster meaningful and deep relationships across the organization; (ii) the ability to prioritize and timely address numerous complex efforts simultaneously; (iii) flexibility and innovative approaches to successfully achieve optimal solutions for clients, branch teams and the firm; and, (iv) a growth mindset and adaptability to help the Trust Company evolve. If you exhibit these qualities, possess an aptitude for continual learning and prioritize being an instrumental partner dedicated to advancing the Trust Company's business, we encourage you to apply.
What You'll Do:
The associate will be responsible for supporting the Trust Company's efforts to understand and comply with applicable laws, regulations and industry best practices and maintain strong relationships with regulators and auditors. Key functions related to this responsibility are listed below.
- Testing operating practices for compliance with applicable laws, regulations, industry best practices and internal policies and procedures and communicating the results and remediation recommendations to Trust Company leadership
- Supporting the AML Officer in executing the Trust Company's BSA/AML/OFAC Program including suspicious activity monitoring and reporting
- Participating and actively contributing in Trust Company and Compliance projects and working groups
- Providing advice and compliance-related training for leaders and associates
- Assisting in the creation, maintenance and implementation of comprehensive policies, procedures
- Coordinating responses to pre-examination and pre-audit information requests and interfacing with examiners and auditors during their on-site examinations and audits
The associate will also support efforts to identify, analyze and effectively manage the Trust Company's reputation, strategic, operational, compliance, financial and other risks.
- Bachelor's degree is required, and a graduate degree is preferred
- Professional certification (e.g., Certified Fiduciary and Investment Risk Specialist (CFIRS), Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or Certified Anti-Money Laundering Specialist (CAMS)) or equivalent amount of industry experience is required
- Minimum of 4 years financial services audit or regulatory compliance experience is required
- Strong knowledge of fiduciary principles, as well as applicable laws, regulations, and industry best practices
- Capability to interpret and apply legal and regulatory requirements independently and develop and implement methods to monitor processes and evaluate them against these requirements
- Strong research skills, coupled with the ability to locate and use professional and regulatory resources
- Strong organizational and project management skills
- Strong written and verbal communication skills
At Edward Jones, we are building a place where everyone feels like they belong. We're proud of our associates' contributions to the firm and the recognitions we have received.
Check out our U.S. awards and accolades: Insights & Information Blog Postings about Edward Jones
Check out our Canadian awards and accolades: Insights & Information Blog Postings about Edward Jones
Check out our U.S. awards and accolades: Insights & Information Blog Postings about Edward Jones
Check out our Canadian awards and accolades: Insights & Information Blog Postings about Edward Jones
Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.
Edward Jones' compensation and benefits package includes medical and prescription drug, dental, vision, voluntary benefits (such as accident, hospital indemnity, and critical illness), short- and long-term disability, basic life, and basic AD&D coverage. Short- and long-term disability, basic life, and basic AD&D coverage are provided at no cost to associates. Edward Jones offers a 401k retirement plan, and tax-advantaged accounts: health savings account, and flexible spending account. Edward Jones observes ten paid holidays and provides 15 days of vacation for new associates beginning on January 1 of each year, as well as sick time, personal days, and a paid day for volunteerism. Associates may be eligible for bonuses and profit sharing. All associates are eligible for the firm's Employee Assistance Program. For more information on the Benefits available to Edward Jones associates, please visit our benefits page.
