Department Leader- Compliance Risk

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Job Overview

Position Schedule: Full-Time

In this role, you will partner with numerous internal business areas throughout the firm to support the continued growth of Edward Jones Trust Company's business and our commitment to bring to life the positive impact that our clients wish to have on their families and communities during their lifetimes and beyond. Your primary responsibilities will focus on maintaining and continually evolving the compliance program for the Trust Company, which is comprised of over 4,000 accounts totaling more than $5 billion in assets.

• Day-to-day administration of the risk-based compliance program intended to provide reasonable assurance to the board, governance committees and leadership that the Trust Company has an effective system of internal controls and complies with applicable laws and regulations while achieving its business objectives.
• Day-to-day administration of the Trust Company's risk-based Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) internal control structure, including suspicious activity monitoring and reporting.
• Providing expert advice, information and specialized training on complex fiduciary, compliance and risk management issues to the Chief Compliance Officer (CCO), governance committees, senior leaders and associates, as well as key leaders in other areas of the firm.
• Collaborating with the CCO, governance committees and senior leadership to advise of the projected impact of changes in fiduciary laws, regulations and industry best practices, as well as recommend and implement associated changes to Trust Company policies, procedures, operating practices and strategic objectives.
• Managing ongoing relationships with the Trust Company's regulators and auditors and serving as the Trust Company's liaison during regulatory examinations and internal and external audits. This responsibility includes negotiating with examiners and auditors on preliminary findings, as well as coordinating formal responses to examination and audit reports and correction of reported exceptions.
• Participating actively as a member of the Trust Company's leadership team to collectively provide oversight of fiduciary activities and formulate tactical direction and objectives.
• The Department Leader will also support efforts to identify, analyze and effectively manage the Trust Company's reputation, strategic, operational, compliance, financial and other risks.

• Bachelor's degree is required, and a graduate degree is preferred.
• Minimum of 11 years of fiduciary risk and compliance experience is required and trust audit or regulatory examination experience is preferred.
• Must possess an advanced knowledge of fiduciary principles, applicable laws and regulations, and industry best practices
• Must possess the seasoned judgment necessary to independently interpret and apply legal and regulatory requirements and develop and implement methods to monitor operating practices for compliance with these requirements
• Must be able to analyze and interpret proposed and pending regulations to determine the impact to the firm
• Must be able to lead or facilitate enterprise-wide or specialized risk assessments
• Must have the ability to build collaborative relationships internally (e.g., with leaders and associates from the firm and each of the Trust Company's business areas) and externally (e.g., with industry peers, external auditors and regulators)
• Must have the courage to exercise influence and diplomatically persuade others to implement recommended actions
• This position requires the ability to effectively lead a group of high-performing attorneys and/or other compliance professionals. The individual must be able to understand a wide range of regulations and regulatory issues and apply the facts of each situation to balance regulatory requirements with the firm's business goals and objectives.
• Series 7, 24 and 66 are required within 6 months of role.