Wealth Management Risk and Compliance Expert
2 weeks ago
Job Summary
">The Risk and Compliance Specialist - Wealth Management is a critical role within Midland States Bank that requires an individual with a strong understanding of regulatory compliance and risk management principles. This position plays a vital part in minimizing business risk and optimizing efficiency within the Wealth Management business unit.
">Main Responsibilities:
">- ">
- Perform thorough file reviews and ad hoc audits to ensure compliance with policies and procedures.">
- Ensure that accounts are being managed in accordance with administrative and investment policies, and are in compliance with regulatory requirements.">
- Draft written reports regarding quality assurance and compliance monitoring results.">
- Track policy and compliance exceptions to ensure timely resolution.">
- Maintain a high level of awareness and knowledge of regulatory compliance requirements.">
- Gather request list items for audits and exams.">
- Participate in the WM Compliance Committee meetings.">
- This role requires occasional travel for training and team meetings, and willingness to travel periodically to locations within market as needed.">
- Maintain compliance with all applicable regulations including, but not limited to, the Bank Secrecy Act (BSA).">
- Other duties as assigned.">
Requirements:
">We are seeking an individual with a minimum of 3 years of prior experience in trust or wealth management. An Associate's degree in Business, Accounting, or Finance is required; a Bachelor's degree is preferred. The ideal candidate will possess strong analytical and communication skills, with the ability to work effectively in a team environment.
">Benefits:
">Midland States Bank offers a comprehensive Total Rewards program that includes a competitive salary, comprehensive healthcare benefits, paid family leave, generous paid time off, and banking perks. Additional compensation may be provided in the form of short-term incentives and long-term incentives, subject to eligibility requirements.
">About Us:
">At Midland States Bank, we believe in creating a workplace where our employees can bring their whole selves to work each day. We're committed to diversity, equity, and inclusion, and strive to create a culture that values and respects all individuals. We recruit, employ, train, compensate, and promote without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
">Estimated Salary Range: $50,200 - $62,700 annually
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