Trust Compliance Officer

Cetera Financial Group•Dallas, TX

About The Position

Cetera Trust Company (CTC) is an affiliate of Cetera Financial Group, a premier wealth advisory organization specializing in providing personalized investment management services. A key component of this role is developing strong working relationships with the financial professionals who partner with Cetera Trust to service their mutual clients and stakeholders. The Trust Compliance Officer manages the compliance duties and responsibilities for CTC and ensures that all activities adhere to laws, regulations and internal policies. The Trust Compliance Officer will maintain effective compliance policies and procedures to minimize risk and promote compliance within the organization. Success is defined primarily through maintaining the highest levels of compliance, best practices, and adhering to all applicable laws and regulations.

Requirements

Bachelor's degree
A minimum of 6 years of experience in a compliance role within the banking or financial services industry.
Strong organizational, multi-tasking and analytical skills
Outstanding written and verbal communication abilities
Effective problem-solving and decision-making abilities while working both independently and as part of a team.
Experience in maintaining successful compliance programs
Experience in the Microsoft Suite of applications: Excel, Word, Outlook, SharePoint, and Access.

Nice To Haves

Professional certification such as Certified Fiduciary & Investment Risk Specialist (CFRIS) or Certified Trust and Fiduciary Advisor (CTFA) highly preferred.

Responsibilities

Manage an effective compliance program that adheres to all federal and state laws, rules and regulations.
Regularly review and recommend updates to CTC’s processes, procedures and policies to ensure adherence to applicable laws, regulations and Cetera’s policies and procedures
Work with other compliance affiliates within Cetera Financial Group, including the CISO and internal audit.
Participate in risk management activities, including monitoring the effectiveness of internal controls and procedures, and working with the Chief Compliance Officer to develop strategies to mitigate those risks.
Perform periodic testing pertaining to CTC’s compliance program and oversight of its vendors and service providers
Work with the Chief Compliance Officer to develop and deliver compliance training to CTC employees, including BSA/AML.
Maintain timely and comprehensive records of compliance activities, including findings and corrective actions
Identify and escalate any potential violations to CTC senior management.
Prepare all materials related to compliance activities for CTC committee and Board meetings in cooperation with Chief Compliance Officer.
Maintain and coordinate testing of the Business Continuation Plan.
Serve as Secretary for committee meetings, Security Officer and Privacy Coordinator for CTC.
Screen entities and transactions against the OFAC sanctions list 314(a) Scans.