Fiduciary Compliance Officer--Cumberland Trust

Posted: June 6, 2022


Cumberland Trust
Fiduciary Compliance Officer
Nashville, TN

 

The Fiduciary Compliance Manager with report directly to Cumberland Trust’s Director of Audit and Compliance and will be responsible for the day-to-day activities of the audit and compliance team. This role will perform basic to moderately complex evaluations of internal control measures, policies, audit functions, and information systems. The Fiduciary Compliance Manager is responsible for identifying and reporting issues perceived to pose a risk or potential losses to the organization and propose solutions to such risks.

 

Responsibilities:

  • Utilize business systems to review workflows submitted by administration teams to ensure accuracy and proper administration.

  • Act as a partner with administration teams to address compliance questions or concerns.

  • Work as a compliance team member to complete audit assignments and continuous monitoring of fiduciary activities.

  • Identify and communicate potential issues and opportunities for audit process improvement to management.

  • Work with department managers to lead efforts to ensure compliance with record keeping and regulatory or statutory changes in client states.

  • Drive policy revisions as needed, including process and/or systems changes.

  • Prepare communication and training programs of changes to impacted departments and completion of post implementation review.

  • Assist in the preparation of management, board, regulatory reporting, regulatory filings and notifications, audits, and regulatory examinations.

  • Perform additional special projects, as needed (for example assist with new technology initiatives).

  • Serve as assistant BSA/AML officer.


Qualifications:

  • Bachelor’s degree from an accredited college or university.

  • Experience in an audit leadership capacity.

  • Must exhibit knowledge of trust and estate fiduciary duties and applicable laws.

  • Hard working individual who isn't afraid to roll up their sleeves and get involved in growing organization.

  • Must be discreet and reliable, able to handle and protect highly confidential financial and personal information, internally and externally.

  • Excellent analytical skills and attention to detail with the ability to perform multiple tasks in a fast-paced environment.

  • Strong ability to work in partnership with other functions/roles, including Legal and Trust Administration teams.

  • Demonstrates superior judgment and reasoned decision making in exercising discretion upon taking into consideration totality of facts and circumstances

  • Knows when appropriate to escalate a matter to his/her direct manager

 

Applicants may send a resume to: Resume@cumberlandtrust.com

 

 

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