Deputy Chief Compliance Officer

Socket.dev; Birmingham (AL); On-site; USD 140,000 - 230,000; Full time

Job summary

Oakworth Capital Bank in Birmingham, AL is seeking a Deputy Chief Compliance Officer to lead the compliance program and support the Chief Compliance Officer in the administration of OAM and OCB Trust.

You will manage testing, monitoring, registrations, policy development, and regulatory filings while promoting fiduciary excellence and regulatory compliance across the organization.

Qualifications

• Bachelor’s degree in business, finance, accounting, law, compliance, risk management, or a related field.
• 10+ years of progressive experience in compliance or risk management within a broker-dealer, SEC-registered investment adviser, or similar financial services organization.
• Strong working knowledge of FINRA and SEC rules and regulations.
• Experience with registration processes, regulatory filings, examinations, issue remediation, and compliance program administration.
• Detail-oriented, accurate, organized, and able to manage multiple priorities and deadlines.
• Excellent analytical, written, verbal, and interpersonal communication skills.

Responsibilities

• Maintain risk-based compliance testing and monitoring processes for OAM and OCB Trust, document results, identify gaps, and recommend corrective actions.
• Manage registration activities and related records for the organization and applicable associates, including gathering information, preparing documentation, tracking requirements, and supporting required filings.
• Support new products, services, systems, and other business initiatives by gathering relevant information; researching requirements; and building draft policies, procedures, controls, testing steps, disclosures, and implementation materials for review and execution by the Chief Compliance Officer.
• Monitor regulatory developments affecting broker-dealers, registered investment advisers, and trust activities, including applicable FINRA and SEC rules, and help incorporate changes into the compliance program.
• Communicate testing results, monitoring findings, registration matters, and emerging risks to the Chief Compliance Officer and appropriate business partners.
• Perform periodic compliance testing and monitoring in accordance with the approved compliance plan, including monthly, quarterly, and annual reviews.
• Maintain organized testing workpapers, evidence, findings, remediation plans, and follow-up documentation sufficient to demonstrate completion and support regulatory examinations or audits.
• Track identified issues and corrective actions, validate remediation, and elevate overdue or higher-risk matters to the Chief Compliance Officer.
• Coordinate the collection, review, and maintenance of information needed for registrations, renewals, amendments, notices, and other applicable regulatory filings.
• Maintain accurate registration records and calendars; monitor deadlines; and communicate upcoming requirements to the Chief Compliance Officer and affected associates.
• For new projects and business initiatives, gather facts from relevant stakeholders, identify applicable compliance considerations, and build the proposed compliance structure before implementation.
• Prepare draft policies, procedures, controls, testing plans, training materials, disclosures, and other supporting documentation.
• Assist with compliance reviews of wealth-specific marketing materials, client communications, disclosures, and related materials.
• Assist in preparing for internal audits, external audits, and regulatory examinations by organizing requested information, coordinating responses, and tracking follow-up items.
• Provide practical compliance guidance and training to associates regarding applicable policies, procedures, regulatory requirements, and identified areas of risk.
• Work collaboratively with Wealth Management, Trust, Operations, Finance & Compliance, outside counsel, and compliance consultants to support an effective and practical compliance program.
• Monitor current and upcoming regulatory developments and recommend updates to policies, procedures, testing, monitoring, registration processes, and training.

Skills

Regulatory knowledge

Analytical skills

Written and verbal communication

Team collaboration

Discretion/confidentiality

Education

Bachelor’s degree in business, finance, accounting, law, compliance, risk management, or related field

Job description

Job DetailsJob Location: Central Alabama - Birmingham, AL 35209Position Type: Full TimeJob Shift: DayJob Category: Compliance/Risk ManagementOakworth Capital Bank is expanding and has an excellent opportunity for someone to join our team in Birmingham, AL! We are looking for a full-time Deputy Chief Compliance Officer that will play a vital role in supporting our business goals and overall vision. An ideal candidate would meet the qualifications listed below, and more importantly, be able to demonstrate that they live by Oakworth Core Values (Golden Rule, Character, Innovative Spirit, Professionalism, Work Ethic). Summary: The Deputy Chief Compliance Officer serves as a strategic partner to the Chief Compliance Officer in the administration and enhancement of the company's compliance programs supporting Oakworth Asset Management (OAM) and OCB Trust. Acting as the primary backup to the Chief Compliance Officer, this role leads compliance testing, monitoring, and registration activities, supports regulatory filings and examinations, and helps develop policies, procedures, controls, and documentation for new business initiatives. The Deputy Chief Compliance Officer also promotes a culture of fiduciary excellence and regulatory compliance while ensuring adherence to applicable SEC regulations, FINRA rules, fiduciary principles, and trust requirements. Key Roles/Responsibilities: Maintain risk-based compliance testing and monitoring processes for OAM and OCB Trust, document results, identify gaps, and recommend corrective actions. Manage registration activities and related records for the organization and applicable associates, including gathering information, preparing documentation, tracking requirements, and supporting required filings. Support new products, services, systems, and other business initiatives by gathering relevant information; researching requirements; and building draft policies, procedures, controls, testing steps, disclosures, and implementation materials for review and execution by the Chief Compliance Officer. Monitor regulatory developments affecting broker-dealers, registered investment advisers, and trust activities, including applicable FINRA and SEC rules, and help incorporate changes into the compliance program. Communicate testing results, monitoring findings, registration matters, and emerging risks to the Chief Compliance Officer and appropriate business partners. Responsibility Details: Perform periodic compliance testing and monitoring in accordance with the approved compliance plan, including monthly, quarterly, and annual reviews. Maintain organized testing workpapers, evidence, findings, remediation plans, and follow-up documentation sufficient to demonstrate completion and support regulatory examinations or audits. Track identified issues and corrective actions, validate remediation, and elevate overdue or higher-risk matters to the Chief Compliance Officer. Coordinate the collection, review, and maintenance of information needed for registrations, renewals, amendments, notices, and other applicable regulatory filings. Maintain accurate registration records and calendars; monitor deadlines; and communicate upcoming requirements to the Chief Compliance Officer and affected associates. For new projects and business initiatives, gather facts from relevant stakeholders, identify applicable compliance considerations, and build the proposed compliance structure before implementation. Prepare draft policies, procedures, controls, testing plans, training materials, disclosures, and other supporting documentation. Assist with compliance reviews of wealth-specific marketing materials, client communications, disclosures, and related materials. Assist in preparing for internal audits, external audits, and regulatory examinations by organizing requested information, coordinating responses, and tracking follow-up items. Provide practical compliance guidance and training to associates regarding applicable policies, procedures, regulatory requirements, and identified areas of risk. Work collaboratively with Wealth Management, Trust, Operations, Finance & Compliance, outside counsel, and compliance consultants to support an effective and practical compliance program. Monitor current and upcoming regulatory developments and recommend updates to policies, procedures, testing, monitoring, registration processes, and training. Serve as the primary backup to the Chief Compliance Officer for OAM and OCB Trust and provide continuity for assigned compliance activities in the Chief Compliance Officer’s absence or as delegated Qualifications and Skills: Bachelor’s degree in business, finance, accounting, law, compliance, risk management, or a related field required. More than 10 years of progressive experience in compliance or risk management within a broker-dealer, SEC-registered investment adviser, or similar financial services organization required. Strong working knowledge of FINRA and SEC rules and regulations, including requirements applicable to registered investment advisers and broker-dealers. Experience with registration processes, regulatory filings, examinations, issue remediation, and compliance program administration. Detail-oriented, accurate, organized, and able to manage multiple priorities and deadlines. Excellent analytical, written, verbal, and interpersonal communication skills. Team focused and able to work collaboratively with business partners, senior leaders, outside counsel, auditors, regulators, and consultants. Ability to exercise sound judgment, maintain confidentiality, and accelerate matters appropriately. Oakworth has been recognized by American Banker magazine as one of the “Best Banks to Work For” nine times, earning a spot on the list every year since the program began in 2013. Most recently, Oakworth ranked #2 nationally in both 2024 and 2025, after holding the #1 ranking six times in prior years. To learn more about our story and what truly sets Oakworth apart, visit https://www.oakworth.com/. #LI-DNI Equal Employment Opportunity Oakworth is committed to a policy of equal employment opportunity for all associates and applicants in accordance with applicable federal, state, and local law. Accommodations for Applicants Accommodations are available upon request for applicants who may need support during the hiring process. If you would like to request an accommodation, please contact [e-mail] and we will be glad to assist.