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Wealth Management Compliance & Risk Manager
Location:
Jackson, MS
Type: Regular Full-Time
Job ID: 2022-15446
Overview

The purpose of this job is to lead and direct, in a manner to ensure effectiveness, the control audit processes, as well as processes that mitigate financial, operating, legal and regulatory risks in the Wealth Management business lines (including Private Wealth and Institutional Services, the supporting units of Financial Services Operations and Real Estate, portions of Trustmark Financial Services and Trustmark Investment Advisors) all in coordination with the company’s offices of the CFO, President of Wealth Management, ERM, and other enterprise oversight groups. This role will work closely with each business line manager of Wealth Management to ensure effective controls, procedures and processes are established and maintained, to meet both internal and external regulatory standards.

 

 

Responsibilities:
  • Lead and/or participate in control and financial audit processes, risk assessment processes, and lead resolution or fulfillment of internal and external findings. Primary contact within Wealth Management for regulatory exams, questions, etc.
  • Act as liaison and coordinate for communications and responses regarding compliance, audit, external legal among or between the trust business lines, and participate in necessary resolutions, and in coordination with the company’s internal counsel and ERM office. Address account specific issues in coordination with Legal, Audit, ERM, and the applicable business line manager.
  • Provide active leadership, membership, and participation in assigned committees, including but not limited to Wealth Management Division Management Committee, Special Assets Committee, the Account Acceptance Committee, TFS’s RNDIP Committee, TIA Board, and various bank committees.
  • Manages and administers a monitoring and quality assurance testing program to ensure compliance across assigned business lines
  • Responsible for departmental training on compliance awareness and any regulatory changes
  • Maintains a proficient knowledge of rules and regulations across the business lines
  • Perform additional duties as assigned
Qualifications
  • 4 year college education required in a related field
  • 6+ year of experience in compliance, audit or other related compliance function specified to Wealth Management
  • Experience with financial processes and report trust activities
  • Experience with account level information processing of trust operating systems
  • In depth knowledge of the functions, financials, and operations of Wealth Management business lines, and a working knowledge in the applicable laws, statutes, and regulations governing trust activities
  • Understanding of business practices, industry practices and scope of regulatory requirements
  • In depth understanding of the processes that generate financial information in a technology-based environment, and the methods to reflect information for management reporting.
  • Must exhibit strong internal leadership and demonstrate accountability for effective execution of financial and risk related directives
  • Requires excellent verbal and written communication skills among varying degrees of individual skillsets, including associates, managers, auditors, legal representatives, regulatory officers, and other corporate oversight officers
  • Ability to plan actions, prioritize tasks, and provide guidance to work toward shared goals
  • Technical skill requirements include intermediate level Microsoft Word and Excel, and capability in working with data extracts
  • Ability to create a work environment that is inclusive and receptive to diversity and maximizes productivity from a team member through individual contributions
  • Ability to make decisions based on logical reasoning without frequently referring to others
  • CFIRS Designation preferred
  • Law degree preferred
  • Graduate level education preferred
Working with Us

Teamwork and the individual contributions of our associates are recognized as the drivers of our success.  At Trustmark, we are committed to preserving and advancing a diverse and inclusive workplace, where each associate, customer and shareholder is respected, valued and encouraged to share in our commitment.  We make significant investments in our associates so that they may enhance their personal and professional skills, because we want each associate to grow, flourish and fulfill their career aspirations.  Come onboard and join our team!

 


Equal Opportunities for All

Trustmark exemplifies the strength and possibilities that come with a diverse and inclusive team. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, marital status, genetic information, pregnancy, national origin, protected veteran, disability status, or any other characteristic protected under applicable law. Trustmark is committed to providing access, equal opportunity and reasonable accomodation for individuals with disabilities in employment.

 

If you need accomodation for any part of the application process because of a medical condition or disability, please send an email to careers@trustmark.com or call 866.213.1418.

 


Our Hiring Process

Upon accepting a position with Trustmark, the following pre-employment screenings must be completed:

  • Verification of employment, education and other data provided by you on your employment application
  • Verification of eligibility to work in the US
  • Criminal background check
  • Credit check (required for certain positions)
  • Fingerprinting (required for certain positions)
  • Drug screen

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