Job Information
Arkansas Department of Workforce Services AWM Trust Compliance Officer in Fayetteville, Arkansas
This job was posted by https://www.arjoblink.arkansas.gov : For more information, please see: https://www.arjoblink.arkansas.gov/jobs/4322398
Under the minimal supervision and direction of the Senior Trust Compliance Officer and Chief Fiduciary and Risk Officer, the incumbent will work to ensure timely identification, mitigation, resolution, and reporting of existing, emerging, and upstream regulatory risks and issues. This role drives a culture of accountability and compliance to ensure compliance with applicable laws, rules, and regulations.
What Youll Do at Arvest: (Other duties may be assigned.)
? Serves as a trust compliance subject-matter expert responsible for reviewing legal documentation such as estate planning documents, asset ownership and transfer documents, and contracts and agreements for Trust division account-related matters.
? Review and approve new account documentation and initial letters to heirs or beneficiaries regarding estates and terminating or transitioning trusts.
? Serve on committees as a trust compliance resource.
? Assist with compliance testing for division policies, procedures, and controls.
? Serve as the Trust divisions central point of contact for customer complaint investigations and resolutions and suspected vulnerable person abuse investigations.
? Provide general guidance and direction to Trust division associates on fiduciary account administration.
? Assist Senior Compliance Officer with all internal audits and regulatory exams for the Trust division.
? Attend regional Trust committee meetings and provide topical guidance and training for compliant administration of fiduciary accounts and risk mitigation.
? Assist with annual training of Trust division associates.
? Assist with drafting Trust division policy and procedure updates.
? Review and approve Trust division marketing and seminar materials to ensure proper disclosures are made and content is appropriate.
? Understand and comply with bank policy, laws, regulations, and the bank\'s BSA/AML Program, as applicable to your job duties. This includes but is not limited to: complete compliance training and adhere to internal procedures and controls, report any known violations of compliance policy, laws, or regulations, and report any suspicious customer and/or account activity.