What are the responsibilities and job description for the Wealth Compliance Associate position at South State Bank?
As a leading bank, SouthState has been providing financial solutions to individuals, families, and businesses for more than 100 years.
SouthState team members strive to create remarkable experiences while building meaningful and lasting relationships. We are proud to be a reflection of the communities we serve, and our team members share core values that make SouthState a great place to bank, and a great place to work.
SUMMARY/OBJECTIVES
It is the responsibility of the Wealth Compliance Assoc to take ownership of all tasks and challenges that they encounter in the operation of their assigned position. To follow the policies and procedures of SouthState Bank exercising competency, courtesy, and concern for the development of the customer.
ESSENTIAL FUNCTIONS
It is the responsibility of the Wealth Compliance Associate to take ownership of all tasks and challenges that they encounter in the operation of their assigned position. This may include but is not limited to the essential functions noted below; your manager will assign specific responsibilities.
Administrative/Operations
1. Maintain policy and procedure updates
2. Perform, record the results of, and report on Wealth-related compliance testing items, as assigned
3. Support the internal Wealth business functions by researching related compliance issues
4. Perform periodic reviews of data and documentation submitted to Wealth oversight committees
5. Assist in the preparation for and research during Wealth-related regulatory exams and audits
6. Serve as a resource to assist in meeting the document imaging needs of Operations and Compliance
7. Participate in departmental and committee meetings, as appropriate
8. Administer Account Reviews, as assigned
9. Prepare agenda, minutes, and supporting documentation for Wealth-related committees, as assigned
10. Assist with coordination of forms/updates on the shared drive
Client Service/Fulfillment
1. Maintains knowledge of client relationships
2. Identifies problems and resolves them effectively and in a timely manner. Ensures problem resolution follow-up is performed, especially with the client if necessary. Involves the Wealth Advisor or Relationship Manager when damage control is necessary or critical decisions are needed.
3. Follows complaints, estate reviews and litigation
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
COMPETENCIES
PC Proficiency, demonstrated strong communication skills, both oral and written. Strong math aptitude.
Qualifications, Education, and Certification Requirements
Education : Degree or equivalent personal trust experience.
Experience : Minimum of 5 years personal Trust experience.
Certifications/Specific Knowledge : Participates in Estate Planning/Fiduciary training courses/seminars
TRAINING REQUIREMENTS/CLASSES
Required annual compliance training; New Employee Orientation
PHYSICAL DEMANDS
Must be able to effectively access and interpret information on computer screens, documents, reports, and cash denominations, and identify customers. This position requires a large amount of time in front of a computer. This can be done sitting or standing with use of the right desk. This position may require bending and reaching.
WORK ENVIRONMENT
Telecommuting roles no matter if hybrid or 100% full time telecommuting must have a secure home office environment that is free from background noise and distractions. They must also have a reliable private internet connection that is not supplied by use of cellular data (hot spot). Cable or fiber connections are preferred. Requirements are subject to change, as new systems and technology is delivered.
TRAVEL
Travel may be required to come to meetings as needed.
SouthState team members strive to create remarkable experiences while building meaningful and lasting relationships. We are proud to be a reflection of the communities we serve, and our team members share core values that make SouthState a great place to bank, and a great place to work.
SUMMARY/OBJECTIVES
It is the responsibility of the Wealth Compliance Assoc to take ownership of all tasks and challenges that they encounter in the operation of their assigned position. To follow the policies and procedures of SouthState Bank exercising competency, courtesy, and concern for the development of the customer.
ESSENTIAL FUNCTIONS
It is the responsibility of the Wealth Compliance Associate to take ownership of all tasks and challenges that they encounter in the operation of their assigned position. This may include but is not limited to the essential functions noted below; your manager will assign specific responsibilities.
Administrative/Operations
1. Maintain policy and procedure updates
2. Perform, record the results of, and report on Wealth-related compliance testing items, as assigned
3. Support the internal Wealth business functions by researching related compliance issues
4. Perform periodic reviews of data and documentation submitted to Wealth oversight committees
5. Assist in the preparation for and research during Wealth-related regulatory exams and audits
6. Serve as a resource to assist in meeting the document imaging needs of Operations and Compliance
7. Participate in departmental and committee meetings, as appropriate
8. Administer Account Reviews, as assigned
9. Prepare agenda, minutes, and supporting documentation for Wealth-related committees, as assigned
10. Assist with coordination of forms/updates on the shared drive
Client Service/Fulfillment
1. Maintains knowledge of client relationships
2. Identifies problems and resolves them effectively and in a timely manner. Ensures problem resolution follow-up is performed, especially with the client if necessary. Involves the Wealth Advisor or Relationship Manager when damage control is necessary or critical decisions are needed.
3. Follows complaints, estate reviews and litigation
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
COMPETENCIES
PC Proficiency, demonstrated strong communication skills, both oral and written. Strong math aptitude.
Qualifications, Education, and Certification Requirements
Education : Degree or equivalent personal trust experience.
Experience : Minimum of 5 years personal Trust experience.
Certifications/Specific Knowledge : Participates in Estate Planning/Fiduciary training courses/seminars
TRAINING REQUIREMENTS/CLASSES
Required annual compliance training; New Employee Orientation
PHYSICAL DEMANDS
Must be able to effectively access and interpret information on computer screens, documents, reports, and cash denominations, and identify customers. This position requires a large amount of time in front of a computer. This can be done sitting or standing with use of the right desk. This position may require bending and reaching.
WORK ENVIRONMENT
Telecommuting roles no matter if hybrid or 100% full time telecommuting must have a secure home office environment that is free from background noise and distractions. They must also have a reliable private internet connection that is not supplied by use of cellular data (hot spot). Cable or fiber connections are preferred. Requirements are subject to change, as new systems and technology is delivered.
TRAVEL
Travel may be required to come to meetings as needed.
