What are the responsibilities and job description for the Compliance Officer - Wealth Management position at Midland States Bank?
Key Responsibilities
- Perform file reviews and ad hoc audits to ensure compliance with policies and procedures.
- Ensure that accounts are being managed in accordance with administrative and investment policies and are in compliance with regulatory requirements.
- Draft written reports regarding quality assurance and compliance monitoring results.
- Track policy and compliance exceptions to ensure timely resolution.
- Maintain a high level of awareness and knowledge of regulatory compliance requirements.
- Gather request list items for audits and exams.
- Participate in the WM Compliance Committee meetings.
Requirements
- Associates Degree in Business, Accounting or Finance. Bachelors degree preferred.
- Minimum of 3 years of prior experience in trust or wealth management.
