Lead Fiduciary Compliance Specialist

City National Bank; Charlotte (NC); On-site; USD 175,000 - 225,000; Full time

Benefits offered by this job

Healthcare coverage

401(k) matching

Tuition Reimbursement

Time Away (vacation/sick)

Fertility benefits

Career Mobility

Resource Groups

Job summary

City National Bank is seeking a Lead Fiduciary Compliance Specialist to support the execution and oversight of Wealth Management regulatory programs, focusing on OCC 12 CFR 9 fiduciary requirements and state fiduciary regs. You will partner with Compliance Officers to ensure policy alignment and risk mitigation.

In this role you will monitor compliance activities, assist in testing, reporting, and governance, and drive process improvements across functions in a controlled environment.

Qualifications

• Bachelor's degree or equivalent required.
• 7 years in banking, wealth mgmt, compliance, or risk management.
• 5–7 years supporting compliance programs, regulatory requirements, or operational risk activities.
• Exposure to compliance testing, monitoring, reporting, or policy implementation.

Responsibilities

• Support the execution and enhancement of Wealth Management compliance programs.
• Monitor risks, issues, and regulatory exposure.
• Coordinate testing, risk assessments, and remediation efforts.
• Develop policies, procedures, and governance frameworks.
• Liaise between compliance and business units to ensure policy alignment.

Skills

Regulatory compliance

Risk management

Analytical skills

Cross-functional collaboration

Communication skills

Education

Bachelor's degree or equivalent

Tools

Microsoft Office

Job description

WHAT IS THE OPPORTUNITY?

The Lead Bank Fiduciary Compliance Specialist supports the execution, oversight, and continuous improvement of compliance programs within Wealth Management with specific focus on OCC 12 CFR 9 Fiduciary Activities and state fiduciary regulations including Delaware. This role partners closely with Compliance Officers and business stakeholders to ensure alignment with regulatory requirements while enhancing operational efficiency across functions. The position is responsible for monitoring compliance activities, supporting risk assessments and testing efforts, and contributing to the development and implementation of policies, procedures, and governance frameworks. In addition, the role serves as a liaison between compliance and business teams to identify process improvements, drive consistency in execution, and support business initiatives within a controlled and compliant environment.

LEAD FIDUCIARY COMPLIANCE SPECIALIST

WHAT WILL YOU DO?

• Support the execution and ongoing enhancement of Wealth Management compliance programs, ensuring alignment with regulatory requirements and internal policies with specific focus on OCC 12 CFR 9 fiduciary compliance program requirements.
• Monitor, analyze, and elevate compliance risks and issues, including client activity and regulatory exposure
• Partner with Compliance Officers and business stakeholders to support risk assessments, compliance testing, and monitoring activities
• Track and report on compliance testing results, open issues, and remediation efforts
• Act as a liaison between compliance and business units to ensure consistent interpretation and application of policies and regulatory requirements
• Contribute to the development, implementation, and maintenance of compliance policies, procedures, and governance frameworks
• Support regulatory and internal reporting requirements, including documentation of testing and monitoring activities
• Identify opportunities to enhance compliance processes and operational workflows; support implementation of improvements
• Assist in evaluating business unit activities, new products, and services to ensure compliance with applicable laws and regulations
• Support exam management activities and interactions with regulatory agencies, including preparation and follow-up
• Monitor and track compliance training and continuing education requirements
• Analyze compliance program effectiveness and support standardization efforts across functions
• Provide guidance to internal stakeholders by interpreting regulatory requirements within

WHAT DO YOU NEED TO SUCCEED?

Required Qualifications*

• Bachelor's Degree or equivalent
• 7 years of experience in banking, wealth management, compliance, or risk management
• 5 -7 years of experience supporting compliance programs, regulatory requirements, or operational risk activities
• Exposure to compliance testing, monitoring, reporting, or policy implementation

Additional Qualifications

• Experience in Wealth Management or Trust & Fiduciary compliance
• Familiarity with compliance risk management systems or frameworks
• Relevant certification (e.g., CRCM) or progress toward certification preferred
• Strong understanding of banking regulations, compliance frameworks, and risk management principles
• Working knowledge of Wealth Management, Trust & Fiduciary, or investment-related compliance environments
• Ability to interpret and apply regulatory requirements to business processes
• Experience supporting compliance testing, monitoring, and issue remediation
• Strong analytical and problem-solving skills
• Excellent organization and time management skills
• Strong written and verbal communication skills across all levels
• Ability to identify process improvement opportunities and support implementation
• Experience working cross-functionally between compliance and business teams
• Proficiency in Microsoft Office (Outlook, Excel, Word, PowerPoint)
• Experience supporting regulatory exams or audits preferred

WHAT'S IN IT FOR YOU?

Compensation

Starting base salary: $175,000 - $225,000 per year in NYC. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

Benefits And Perks

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement

Get a more detailed look at our Benefits and Perks.

About Us

Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT

City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

• Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.

Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.