Wealth Management Risk Consultant II

BOK Financial • Bonner Springs, KS

2d • Onsite

About The Position

The Wealth Management Risk Consultant is primarily responsible for assisting with the management of the Control Objectives for their respective business line, which includes among other things, identifying areas of potential risk for the business line and/or its clients. Performs independent reviews of new and existing accounts. Reports any findings to the Strategic Risk Officer. Identifies training needs and process improvements based upon review finding. Assists with the development of processes, procedures and reporting systems to mitigate that risk. Assists with routine audits and compliance tests. You’ll work collaboratively with your colleagues and client facing teams across Wealth Management, including Private Wealth, Brokerage, and Institutional Wealth. Integrity is the foundation on which our team builds relationships, trust, and effective partnerships. We live the company values in everything we do and act with honor and truthfulness.

Requirements

• Bachelor’s degree and 5-7 years of knowledge and experience with Wealth Management relationships, or 9+ years equivalent experience.

Responsibilities

• Perform independent reviews of new and existing accounts, the governing documents, account coding and / or control reports to confirm compliance with policies and procedures.
• Identify any gaps while working closely with administrators to correct and report any significant findings to the Strategic Risk Officer, Department Managers and/or Corporate Governance Committees when appropriate.
• Identify risks and assist with the implementation of controls to manage the identified risks while assisting with the drafting of policies and procedures to ensure that controls are effective and test those controls on a periodic basis.
• Actively participate in annual reviews of process maps and the risk and control self-assessment (RCSA).
• Prepare for internal and external audits by working with administration to collect required data.
• Participate in ongoing meetings with auditors, compliance, regulators, and risk personnel to ensure all required information has been collected and reviewed.
• Have routine interaction with corporate compliance, internal audit, and wealth management risk.
• Identify training needs and process improvements and assists the Strategic Risk Officer with the development of training materials and process improvements.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level