Trust Compliance Analyst

First Security BankSearcy, AR
7dOnsite

About The Position

First Security Bank is seeking a professional, energetic and team-oriented individual to join our team as a Trust Compliance Analyst! If you are passionate about serving our Arkansas communities and want to be part of a dynamic, service-driven team, we encourage you to apply! In this role, you will be responsible for developing, monitoring, and providing input and administering the Trust Compliance Management programs to ensure the bank trust department complies with all applicable trust compliance regulations. This position requires on-site work.

Requirements

  • Must be at least 18 years of age.
  • Bachelor's degree required.
  • Proficiency in Outlook, Word, Excel, typing, 10-key, and internet navigation required.
  • Commitment to demonstrate Core 5 values with customers and coworkers.
  • Possess sufficient mobility to work in a standard office setting.
  • Perform repetitive hand, arm, wrist, and finger movements while handling currency, documents and/or office equipment.
  • Substantial time may be spent on the telephone, operating computers, reaching, sitting, and/or standing; while occasionally stooping, kneeling or crouching.
  • The employee must have the ability to speak and hear well enough to carry on customer interactions, conversations, and presentations both in-person and over telecommunications.
  • Have near/far visual acuity to identify customers, currency and reading materials in printed or electronic format.
  • The employee must occasionally lift and move up to 10 pounds.
  • Ability to hold a valid driver's license with access to a vehicle that can be used for business travel purposes.
  • The duties of this position require the ability to maintain attention to detail and complete work projects accurately in a short amount of time, despite interruptions.
  • The employee must be able to interact with customers/coworkers in a calm and patient manner and maintain confidentiality and professionalism in all situations.
  • The employee must be able to use basic mathematical skills including adding, subtracting, multiplying, and dividing numbers.
  • The position also requires the ability to read and interpret documents, and draft routine written communications.

Nice To Haves

  • 2-3 years of relevant professional experience preferred.
  • Demonstrated knowledge of the trust regulatory requirements related to the origination and servicing of trust products, including knowledge of federal and state trust rules and regulations preferred.

Responsibilities

  • Develop relationships of trust and confidence with designated lines of business.
  • Keep up to date on new laws and regulations.
  • Research and interpret applicable federal, state, banking, and trust laws and regulations; support their effective implementation and ensure alignment with strategic risk-management objectives.
  • Assist with corporate policy and training development.
  • Assist in overseeing actions of comprehensive self-testing, independent third party and regulatory audits.
  • Prepare for trust audits/exams, coordinate responses to auditors and regulators, and ensure timely remediation of identified deficiencies.
  • Proactively identify process improvements or control gaps and facilitate necessary changes.
  • Ensure compliance risks are effectively identified, measured, monitored, controlled, and are consistent with the bank's risk appetite statement and all policies and processes are established within the risk governance framework.
  • Assist in drafting responses to regulatory inquiries and internal audit and regulators' information requests.
  • Participate in the review of new products, services, and pricing.
  • Educate and provide consultative advice on related regulations.
  • Identify and assess key compliance risks.
  • Conduct targeted reviews and additional risk-assessment activities as needed.
  • Protect all customer information and bank operations through strict confidentiality.
  • Operate computer software and equipment, telephone, scanner, copier, and develop proficiency with internal banking systems.
  • Required to gain knowledge including but not limited to: privacy, safeguarding customer information, trust compliance and trust regulations.
  • Maintain a valid driver's license, reliable transportation, and punctual attendance.
  • This position requires regular collaboration with coworkers, the ability to work occasional extended hours to meet customer needs, and business travel using a personal vehicle.
  • Perform additional duties as assigned by management.
  • Foster a culture that values high ethical conduct, critical thinking, problem solving, engagement, teamwork, and provides exceptional service.
  • Establish positive and productive work relationships that provide honest feedback and generate trust.
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