Wealth Management Compliance Expert

Enterprise Bank & Trust; University City (MO); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Annual volunteer time off

Charitable-matching opportunities

Job summary

Enterprise Bank & Trust is seeking a Wealth Management Compliance Specialist to oversee all wealth management compliance activities, ensuring procedures are followed and reviews are completed accurately and on time. The role requires thorough knowledge of investment and regulatory requirements, plus the ability to coach the team in compliance tasks.

The candidate will handle monthly reconciliations, reports, and committee materials, with backups for new/closed accounts and fee processing,

Qualifications

• Excellent knowledge of investment and compliance regulations.
• Excellent communication skills to coach, mentor, and train team on compliance tasks.
• Ability to independently solve complicated compliance issues.
• Proven ability to improve efficiency of processes and procedures.
• Ability to work in a high-paced team environment with changing priorities.
• Strong verbal and written communication, analytical skills, and sound judgement.
• Effective time management and organizational skills for daily multitasking.

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 select accounts
• Compile Trust Compliance Committee reports
• Create New account and Closed account reports and admin/investment review reports including exceptions
• Monitor RMD related reports and calculate RMD for inherited IRAs
• Send Annual ADV notices
• Serve as a backup for New and Closed Accounts
• Serve as a backup for Fee Processing
• Perform other duties as required

Skills

Investment regulations

Compliance regulations

Communication skills

Analytical thinking

Time management

Judgement and discretion

Education

Bachelor's degree in business, finance, or related field

Tools

Wealthscape

Trust Desk or Fi-tek

Salesforce

Microsoft Office (Excel)

Job description

Enterprise Bank & Trust is seeking a Wealth Management Compliance Specialist to oversee all wealth management compliance activities, ensuring procedures are followed and reviews are completed accurately and on time. The role requires thorough knowledge of investment and regulatory requirements, plus the ability to coach the team in compliance tasks.

The candidate will handle monthly reconciliations, reports, and committee materials, with backups for new/closed accounts and fee processing,