What are the responsibilities and job description for the Compliance Risk Manager position at Midland States Bank?
Role Overview:
This position plays a critical role in ensuring the smooth operation of the Wealth Management (WM) business unit. As a Risk and Compliance Specialist, you will be responsible for identifying and mitigating potential risks associated with WM operations.
Key Accountabilities:
- Conduct regular file reviews to detect any deviations from company policies and procedures.
- Collaborate with colleagues to develop and implement effective compliance programs.
- Monitor regulatory updates and changes to ensure ongoing compliance.
- Prepare detailed reports on audit and exam results, highlighting key findings and recommendations.
