Compliance Officer - Wealth

WSFS Bank; United States; On-site; USD 93,000 - 153,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

401(k) plan

Paid time off and holidays

FSAs and HSAs

Job summary

WSFS Bank seeks a Compliance Officer to lead second-line governance for Wealth Division products, services, and client-facing activities, ensuring controls meet regulatory requirements.

This role provides independent oversight, supports risk assessments, and guides first-line teams on regulatory expectations with a focus on effectiveness, documentation, and remediation across wealth-related operations.

Qualifications

• Bachelor’s degree or equivalent experience.
• 5+ years in compliance, risk management, audit, or regulatory oversight.
• Strong knowledge of wealth management, fiduciary, and advisory activities.
• Experience in second-line oversight or risk governance.
• Regulatory interpretation and analytical skills.

Responsibilities

• Provide independent oversight and effective challenge to wealth risk management activities.
• Assess first-line compliance controls across Wealth lines of business.
• Interpret and apply federal and state regulatory requirements (OCC, SEC, FRB, etc.).
• Lead or support regulatory examinations, audits, and inquiries.
• Review materials for regulatory readiness and provide guidance on controls.

Skills

Regulatory interpretation

Analytical skills

Written and verbal communication

Independent judgment

Effective challenge

Education

Bachelor’s degree or equivalent experience

CRC M, CIA, CFSA certifications preferred

Tools

GRC platforms

Risk systems

Compliance analytics tools

Job description

Compliance Officer

At WSFS Bank, the Compliance Officer serves as a second line of defense oversight leader responsible for providing independent governance, effective challenge, and compliance risk advisory across Wealth Division products, services, and client‑facing activities. This role ensures that first‑line Wealth business units have appropriately identified, designed, implemented, and sustained compliance controls aligned with regulatory requirements.

Job Responsibilities

• Provide independent oversight and effective challenge to first‑line Wealth risk management activities.
• Assess whether first‑line compliance controls are adequately designed, implemented, and operating effectively across Wealth lines of business.
• Ensure alignment with enterprise risk appetite, regulatory expectations, and the three lines of defense model.
• Serve as an independent control function—not responsible for business execution or operational ownership.
• Interpret and apply federal and state regulatory requirements (OCC, SEC, FRB, state regulators, Investment Company Act of 1940, securities laws, fiduciary standards, OCC’s RNDIP requirements).
• Provide clear, practical guidance to first‑line leaders on compliance risk, control design, and regulatory expectations.
• Advise on new and changed products, services, processes, marketing, disclosures, and client communications from a risk‑compliance perspective.
• Translate regulatory complexity into business‑relevant, risk‑based guidance.
• Lead or support the annual compliance risk assessment for Wealth Division.
• Evaluate inherent risk, control effectiveness, and residual risk.
• Maintain oversight of the compliance obligation inventory and associated control mapping.
• Define and monitor key risk indicators (KRIs) and compliance metrics.
• Provide second‑line oversight of issue identification, root‑cause analysis, remediation planning, and sustainability.
• Challenge remediation plans and validate adequacy of corrective actions.
• Strengthen issue self‑identification, reduce overdue issues, and improve remediation discipline.
• Oversee regulatory issues, MRAs, audit findings, and compliance matters impacting Wealth.
• Oversee first‑line monitoring, QA, and control testing frameworks.
• Review results, identify trends, and escalate systemic risks.
• Conduct targeted second‑line reviews and surveillance as needed.
• Ensure alignment between compliance monitoring, audit outcomes, and risk assessments.
• Support and participate in regulatory examinations, audits, and inquiries.
• Review first‑line materials for regulatory readiness.
• Provide independent compliance perspective in supervisory interactions.
• Manage regulatory response coordination for Wealth‑related matters.
• Review, and maintain compliance policies, standards, and guidance applicable to Wealth.
• Support training development to strengthen first‑line risk ownership and compliance capability.
• Act as a subject matter expert across Wealth compliance domains.
• Support the Risk Management Strategic Plan, including three lines of defense maturity, compliance built‑in mindset, risk ownership in the first line, and integrated risk governance.
• Represent Compliance in enterprise forums, working groups, and committees.
• Support compliance technology initiatives and GRC platform evolution.

Minimum Qualifications

• Bachelor’s degree or equivalent experience.
• 5+ years experience in compliance, risk management, audit, or regulatory oversight.
• Strong knowledge of wealth management, trust, investment, fiduciary, and advisory‑related activities.
• Experience in second‑line oversight, compliance advisory, or risk governance.
• Ability to provide effective challenge and independent judgment.
• Strong regulatory interpretation and analytical skills.
• Excellent written and verbal communication.
• Experience interacting with regulators and auditors.
• Experience in an integrated wealth business (bank subsidiary, trust, RNDIP, investment advisory) preferred.
• Knowledge of SEC, RIA, fiduciary, and RNDIP regulatory frameworks preferred.
• Experience with compliance risk assessments and issue management preferred.
• Professional certifications: CRCM, CIA, CFSA preferred.
• Experience with GRC platforms, risk systems, and compliance analytics tools preferred.

Salary Range

$92,869.00 - $152,569.00. Individual base pay may vary based on experience, job‑related skills, relevant education, geographic location, and other specific business and organizational needs.

Benefits

• Medical, dental, and vision coverage.
• 401(k) plan.
• Life, accident, and disability insurance.
• Flexible spending accounts (FSAs) and health savings accounts (HSAs).
• Wellness programs.
• Paid parental leave, military leave, vacation and other paid time off, sick leave in accordance with applicable state laws, and paid holidays.

Equal Opportunity Employer

WSFS is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

Contact Information

If you have a physical or other impairment that might require an accommodation, including technical assistance with the WSFS Bank Careers website or submission process, please contact us via email at [e-mail].

Recruiter Policy

Third‑party recruiters and agencies should not contact WSFS Bank Associates directly. WSFS does not accept unsolicited candidate submissions from third‑party recruiters and agencies.