Trust Compliance Coordinator
BancFirst · Oklahoma City, OK · 2 wk ago
On-siteLegal$13/hrFull-time
Essential Duties and Responsibilities
- Maintain and monitor the “trust compliance program” for compliance with regulatory requirements and internal policies for trust and investment management accounts.
- Work with Trust business-line units to interpret and execute various regulatory and compliance issues / projects, including Trust compliance program Internal policies and procedures for trust and investment management accounts.
- Monitor account administration, investment, and operational compliance for: Corporate trust, Personal trust, Retirement services, Investment management.
- Aid in the coordination, monitoring, and follow-up reporting on: Federal and State regulatory examinations, Internal and external audits.
- Serve as a secondary liaison with the BancFirst Internal Audit Group for trust-related audit matters.
- Prepare quarterly and annual FFIEC – Call Reports – Schedule RC-T – Fiduciary and Related Services Reports.
- Prepare and monitor “trust collateral reports” for Oklahoma State Banking Department.
- Maintain USA Patriot Act and Bank Secrecy Act compliance for trust and investment management accounts.
- Monitor daily overdraft, large balance reports, and other daily system reports.
- Monitor “quarterly securities transaction reports” (FRB Reg. H) for compliance.
- Serve on Trust Administrative and Investment Review Committees.
- Serve as a point of contact for various vendors for tasks such as system reporting, troubleshooting, and tax reporting and document preparation.
Requirements
- Excellent oral and written communications skills.
- Excellent personal computing skills including word processing and spreadsheet applications.
- Bachelor's degree in business, finance, accounting, economics, law, or more than 3 years of relevant experience.
Priorities and Preferred Skills
- In-depth knowledge of trust administration and applicable laws, rules, and regulations.
- Knowledge of trust and investment management activities, products, and services.
- Experience in trust or bank internal audit, trust or bank operations, or related experience.