Sr. Compliance Manager - Wealth Management and Trust Testing
Sr. Compliance Manager - Wealth Management and Trust Testing
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$ 135000 - 155000
1 Vacancy
Job Description
Location:
4910 Tiedeman Road Brooklyn OhioAbout the Job
As part of Keys second-line-of-defense Compliance Risk Management function the Risk Evaluation and Assurance Program (the REA Program) has the responsibility for evaluating Keys ongoing compliance with applicable laws and regulations through the execution of compliance monitoring and testing across Keys Wealth Management and Trust lines of business products and functional activities. Individuals lead the design and execution of testing and continuous monitoring to evaluate Keys compliance with regulatory requirements. Individuals work both autonomously on assignments and in collaboration with other members of REA team on projects and testing. The Senior Compliance Manager must have in-depth knowledge of wealth and trust risk management as well as a strong understanding of audit and/or testing concepts with the ability to apply those to testing monitoring issues management and verification activities. The Senior Compliance Manager must exhibit strong leadership initiative and agility as well as a passion for continuous learning and challenging the status quo. The ideal candidate will have experience managing a team of wealth management and trust testing or compliance professionals strong knowledge of the applicable regulations and be skilled at developing executing and overseeing testing and monitoring activities. This role requires the ability to demonstrate leadership across various lines of business and proactively and productively coordinate with other groups within Key including the lines of business other risk management teams and internal audit.
Essential Job Functions
Lead and manage a team of wealth management and trust testing professionals and provide oversight of the independent second-line-of-defense approach to risk-based monitoring and evaluation activities including risk assessment monitoring and testing analysis of findings and reporting to ensure effective sustainable risk management processes exist.
Provide oversight guidance and strategic direction to staff related to day-to-day responsibilities and engagement of line of business management and compliance partners in designing and executing compliance testing special projects and ongoing monitoring.
Demonstrate subject matter expertise in compliance testing and working knowledge of applicable wealth management and trust related regulations and laws industry trends emerging issues and related banking products and ability to understand its applicability to risk management strategies including the scoping of risk evaluations monitoring and design of testing plans.
Utilize knowledge of data analysis tools and techniques to lead a team of compliance testing professionals in analyzing quantifying and/or assessing risks and to evaluate controls to identify potential weaknesses and/or control gaps.
Assist Compliance Director and Executive with the ongoing design development and implementation of the REA Program including the testing plan/schedule testing methodology ongoing monitoring and strategic initiatives to ensure the Banks policies and procedures are consistent with applicable regulatory requirements and expectation and industry best practices.
Responsible for managing staff providing ongoing coaching and driving quality of work for the team while ensuring any issues or material breaches of applicable laws rules policies or standards with an actual or potential compliance risk impact are appropriately identified escalated remediated and validated.
Maintain awareness of emerging issues bank-wide initiatives and industry trends to be forward thinking and innovative in executing testing engagements and ongoing monitoring to identify process and control improvement opportunities.
Develop and maintain strong collaborative relationships with mid to senior level management other internal clients and peers internal audit industry peers and regulatory examiners.
Participate in special projects as assigned and assist in the development and on-going enhancement of the REA Program and compliance related procedures.
Actively identify and pursue training or continuing education opportunities to further develop overall knowledge of regulatory compliance banking products and services industry trends and emerging risks.
Required Qualifications
Education/Background: Bachelors degree
Minimum 6 years of compliance risk management and/or audit experience with a strong focus on risks and controls and risk-based auditing and/or testing techniques; management experience preferred.
Demonstrated in-depth knowledge of wealth management products and services (e.g. trust private banking securities/investment management) as well trust/fiduciary related compliance operations and risk management strategies with respect to applicable OCC regulatory expectations and pertinent regulations (e.g. 12 CFR 9) required to lead a team in the design and execution of testing.
Effective communication skills (verbal and written) to deliver results to a diverse audience; ability to work with all levels of management with a focus on collaboration and relationship management.
Experience with data analysis tools and techniques including advanced concepts of Microsoft Word Excel and PowerPoint and/or other analytical software (e.g. SAS Tableau ACL etc.).
Strong interpersonal and collaboration skills; ability to work well in a team environment.
High ethical standards strong critical thinking detective analytical and problem-solving skills.
Autonomous self-motivated and flexible with the ability to adapt quickly to change or shifting priorities in a fast-paced environment.
Experience working on projects or initiatives requiring strategic planning/thinking across multiple functional areas and business processes.
Preferred Qualifications
Currently maintains relevant professional and/or industry sponsored certifications in wealth management trust and/or fiduciary risk management and/or compliance (e.g. - CFIRS (Certified Fiduciary & Investment Risk Specialist)CTFA (Certified Trust and Fiduciary Advisor) or similar).
Comprehensive knowledge of the operational technical and functional structure of financial services organizations banking systems and compliance programs obtained through prior roles in wealth management trust or fiduciary services risk management compliance or testing (e.g. second-line-of- defense testing other risk or compliance testing functions and/or internal or external audit).
COMPENSATION AND BENEFITS
This position is eligible to earn a base salary in the range of $135000 to $155000 annually depending on location and job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance.
Please click here for a list of benefits for which this position is eligible.
Key has implemented a role-based Mobile by Design approach to our employee workspaces dedicating space to those whose roles require specific workspaces while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment. As a result this role may be Mobile or Home-based which means you may work primarily either at a home office or in a Key facility to perform your job duties.
Job Posting Expiration Date: 09/11/2025 KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability or veteran status.Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing
#LI-Remote
Required Experience:
Manager
Employment Type
Full-Time
