Find JobsSalary EstimateCareer AdviceUpload ResumeEmployers / Post JobProfileMessage Center

Director, Investment Services Compliance

Webster Bank

White Plains, NY

Apply
JOB DETAILS
SALARY
$120,000–$145,000 Per Year
LOCATION
White Plains, NY
POSTED
30+ days ago
360 Hamilton Avenue, White Plains, New York, 10601, USAIf you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster's values, these set us apart as a bank and as an employer. Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!Position SummaryThe Director, Investment Services Compliance is responsible for assisting the Managing Director, Privacy Compliance and Investment Services with enhancing and maintaining a comprehensive compliance risk management program for, and for providing compliance support to and oversight of, the investment and trust services lines of business (LOBs). This includes, but is not limited to, assisting the LOBs in enhancing their ongoing oversight of service providers in accordance with regulatory requirements and expectations.Key ResponsibilitiesResearching federal and key state banking and securities laws and regulations, reviewing the bank's related policies and procedures, and disseminating pertinent information to senior management and impacted LOBs.Monitoring changes in laws and regulations from federal banking and securities agencies applicable to the LOBs, products and services offered by or through Webster and its partners. Duties include conducting impact analysis, identification, and delivery of required training, and developing policies and procedures, where needed.Assisting in the completion of an annual risk assessment of relevant laws, rules and regulations. Assisting with carrying out compliance risk assessments, assessing inherent risk, control effectiveness and rationale for risk ratings.Developing metrics to monitor compliance and assist the first line in establishing related risk metrics.Assisting first line control officer(s) in developing review, reconciliation, and quality control processes.Support the development of new or modified products and services or new business initiatives for the offering or provision of investment and/or trust services.Review account disclosures, advertisements, and marketing materials to ensure that these materials comply with applicable regulatory requirements.Assist in the preparation of internal audit reviews and regulatory examinations.RequirementsMust have at least 7 -10 years of cumulative experience in Compliance, Risk, or Audit in financial services with responsibility for investment and/or trust services.Candidates with degrees (Associates, Bachelor's, and/or Master's) requiredStrong knowledge of banking laws and regulations pertaining to trust and investment activities, with a focus on those related to bank holding companies and national banksStrong knowledge of SEC laws and regulations and FINRA rules and guidanceCurrent or recently inactive (within two years) FINRA Series 7 General Securities, Series 24 General Securities Principal, or Series 14 Compliance Officer licensesStrong written, verbal, and communication skills, particularly for presentationsAdvanced Microsoft Office skills, including Excel, PowerPoint, and WordKnowledge of banking applications and systems, preferredKnowledge of banking products and servicesEffective project management and analytical skillsEffective decision-makerThe estimated base salary range for this position is $120,000 USD to $145,000 USD. Actual salary may vary up or down depending on job-related factors whichmay include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.#L1-JS1All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.Apply here: https://www.aplitrak.com/?adid=YmJnZW5lcmljLjcyNjc4LjEwNDE3QHdlYnN0ZXJjb21wLmFwbGl0cmFrLmNvbQ
Minimum Salary: 120000.00
Maximum Salary: 145000.00
Salary Unit: Yearly

About the Company

W

Webster Bank