Wealth Management Compliance Specialist

Enterprise Bank & Trust•Clayton, MO

About The Position

Enterprise Bank & Trust was founded in the spirit of entrepreneurship and community. From the small mom-and-pop coffee shop to the large construction company that employs local people, our goal is to help businesses succeed and our communities thrive. With offices in Arizona, California, Florida, Kansas, Missouri, New Mexico, Nevada and Texas, we’re strong, growing and committed to supporting the communities we serve. We extend this commitment to the community to our associates, offering annual paid volunteer time off and charitable-matching opportunities. Voted a Best Bank to Work For by American Banker for multiple years, we offer our associates an array of benefits and the opportunity to chart their own career path with us. Join us in the pursuit of our mission to guide people to a lifetime of financial success, and enjoy a career filled with professional growth opportunities, interesting colleagues and the satisfaction of supporting our communities. Together, there’s no stopping you! Responsible for all Wealth Management compliance activities. Responsible for following compliance procedures and ensuring that Wealth Management compliance activities are completed accurately and on a timely basis.

Requirements

Excellent knowledge of investment and compliance regulations.
Must have excellent communication skills in order to coach, mentor, and train all members of the Wealth Management team on compliance tasks.
Ability and willingness to independently solve complicated compliance issues
Proven ability to identify and improve efficiency of processes and procedures.
Ability to work in a high paced team environment, recognizes and acts on changing priorities
Strong verbal and written communication skills
Strong analytical and decision making skills based on thoughtful assessment of risk and attention to detail along with good judgement and character.
Effective time management and organizational skills are required for daily multi-tasking.
Bachelor’s degree in business, finance, or related field
A minimum of 5 years of compliance experience for a trust company or wealth management firm
Microsoft Office (required) with intermediate excel skills
Wealthscape
Trust Desk or Fi-tek
Salesforce

Responsibilities

Complete Monthly House Account Reconciliation
Run monthly new account reports and compile the New Account Review Memo
Run monthly closed account reports and compile closed account review tracking report
Run monthly account reports and complete a compliance review for a select number of accounts
Compile Trust Compliance Committee reports.
Creating the New account and Closed account reports as well as the Admin and Investment Review reports (completed review, review exceptions, and overdue reports for the committee.
Fidelity IWS Scorecard and NIGO report
Compile the Fee Committee Reports monthly
Monitor Alerts for NIGOs, Rejects and Awaiting Client Review
Maintain the account reviews for Admin and Investment modules
This includes Maintaining group account reviews
Running and maintaining Admin/Investment Reviews
Complete the Reg R report and put together the Reg R memo
Complete the quarterly 13f and RCT reports
Complete the monthly Wealth Management Snapshot
Monitor and Calculate RMD
Pull new RMD report in February
Monitor status of RMD payments
Track RMD exceptions
Calculate RMD for Inherited IRAs
Send Annual ADV notices
Collect ADV notices for each Separate Account Manager
Send notices to clients through Groove
Serve as a backup for New and Closed Accounts
Serve as a backup for Fee Processing
Perform other duties as required