VP, Fiduciary Compliance Officer (Project Management)

Wintrust Wealth Management serves the financial needs of private clients, including high net worth individuals, business owners, and institutions. Since our founding in 1931, we have been helping clients meet their increasingly complex financial goals with the highest standards of service and integrity. Through our four companies, Wintrust Investments LLC, Wintrust Private Trust., Great Lakes Advisors LLC, and The Chicago Deferred Exchange Company LLC, we offer comprehensive wealth management solutions, including investment, trust, and asset management services. Wintrust Wealth Management is a division of Wintrust, a financial services company with more than $66 billion in assets.

Why join us?

Wintrust is a financial holding company with approximately $50 billion assets under management and traded on the NASDAQ: WTFC. Built on the "HAVE IT ALL" model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank subsidiaries with over 170 banking locations in the greater Chicago and southern Wisconsin market areas. Additionally, Wintrust operates various non-bank business units including commercial and life insurance premium financing, short-term accounts receivable financing, out-sourced administrative services, mortgage origination and purchase, wealth management services and qualified intermediary services for tax-deferred exchanges.

Wintrust Wealth Management serves the financial needs of private clients, including high net worth individuals, business owners, and institutions. Since our founding in 1931, we have been helping clients meet their increasingly complex financial goals with the highest standards of service and integrity. Through our four companies, Wintrust Investments LLC, Wintrust Private Trust., Great Lakes Advisors LLC, and The Chicago Deferred Exchange Company LLC, we offer comprehensive wealth management solutions, including investment, trust, and asset management services. Wintrust Wealth Management is a division of Wintrust, a financial services company with more than $66 billion in assets

Why Join this Team:

• We are a growing team with a fast-paced, collaborative, team-centric, positive culture

• We hold ourselves to the highest standard of service and integrity in the industry

• We have a strong reputation for quality service and impeccable ethics

• Strong track record of valuing and investing in existing talent by providing opportunities for growth and advancement

What you will be doing:

• Involved in ensuring trust company adheres to all relevant laws, regulations, and internal policies related to trust administration, fiduciary duties, and investment management. 

• Monitor to ensure compliance with applicable federal and state fiduciary, securities, investment regulations, OCC, ERISA and DOL reporting and filing requirements as applicable.

• Respond to inquiries/requests for general compliance guidance regarding business line policies, procedures, and regulatory issues.

• Assist with execution of compliance reviews to evaluate firm's compliance with applicable laws, regulatory requirements, and firm policies and procedures

• Conduct compliance monitoring and testing reviews to evaluate the effectiveness of internal policies, procedures and processes, and contribute to reports on monitoring and testing findings provided to management

• Periodically review and monitor compliance with Trust department policies and procedures, including but not limited to account administration, trust operations, conflicts of interest.

• Identify and assess potential compliance risk and contribute to develop strategies to mitigate the risks.

• Coordinate preparation of compliance and risk management related oversight committee meeting materials to ensure timely and accurate reporting to Trust committees and attend meetings as needed.  

• Able to resolve complex issues

• Assist with review and tracking client complaints to ensure adherence to enterprise-wide requirements.

• Conduct periodic training with Trust personnel concerning regulatory requirements.

• Assist with audits and regulatory examinations, including document gathering, responding to requests, when required.

• Committee secretary skills a plus.

• Perform other duties as needed from time to time.

Skills and Qualifications:

• Strong knowledge of Trust, Estate, Guardianship Administration: A solid understanding of fiduciary law and regulatory requirements and industry best practices is critical to the role.   

• Analytical and communication skills: The ability to analyze data, identify trends, and effectively communicate findings to stakeholders is crucial. 

• Knowledge of relevant regulations and policies: A solid understanding of applicable laws, regulations, and internal policies is essential. 

• Experience in compliance, audit, or risk management: Prior experience in these fields is highly valued. 

• Prioritize confidentiality and adheres to the highest ethical standards: the nature of the work requires confidentiality and adherence to the highest ethical standards.

• Experience with BSA/AML compliance: knowledge of Know Your Client regulations is a plus.

• Project management skills: The ability to manage multiple projects simultaneously and meet deadlines is important. 

• Problem-solving skills: The ability to identify and address compliance issues is essential. 

• Detail-oriented and organized: Accuracy and attention to detail are critical in this role. 

• Ability to work independently and as part of a team: The ability to work autonomously while also collaborating effectively with others is important.

• Education: Bachelor's degree in finance, business, accounting or related

• Years experience 5 plus years' experience ideally with a bank trust department, registered broker-dealer, registered investment adviser.

• Professional certification is highly preferred, such as Certified Fiduciary Investment Risk Specialist (CFIRS), Certified Bank Compliance Officer (CBCO), Certified Regulatory Compliance Manager (CRCM), or Certified Regulatory and Compliance - Professional (CRCP) would be an asset, but not required.

Benefits:

Medical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long-term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance

Compensation:

The estimated salary range for this role is $85,000-$110,000, along with eligibility to earn production bonuses. Actual salaries may vary based on several factors, such as a candidate's qualifications, skills and experience.

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From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life.  To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success.  Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.