Wealth Risk Officer

Responsibilities

• Work within Old National Wealth Advisors (ONWA) to ensure adherence to applicable regulations, laws, policies and procedures.
• Absorb and coordinate internal and external audit and examinations.
• Support ONWA team members and LPL Compliance with following all laws, regulations & best practices.
• Work closely with the Wealth Risk Manager on high priority projects and tasks.

Requirements

• Salary Range: $60,000 - $121,300 per year.
• Bachelor’s degree in finance, Business or related field preferred.
• 3 years of experience in investment management, business administration, accounting, finance or retail banking.
• Awareness or familiarity with auditing/examination techniques, applicable banking laws and regulations of brokerage /wealth management services, policies and procedures.
• Excellent communication, presentation and interpersonal skills.
• Proficiency in Microsoft Word, Excel and PowerPoint.

Qualifications

• Key Accountabilities:
• Assist with the timely coordination of materials required for periodic examinations, audits and branch exams.
• Implement corrective actions for audit/exam issues and branch exam deficiencies to ensure identified issues are properly addressed.
• Serve as primary contact for advisors, assistants and team leadership for issues of compliance, branch exams, complaints and fraud.
• Develop and conduct Compliance Training for new employees and new policies/procedures.
• Communicate current compliance issues and updates via ONWA Monthly Team Call.
• Overssee client complaint process.
• Serve as subject matter expert on various Wealth Management committees and councils.
• Administer licensing and registration of participants in ONB Insurance Consultant Program.
• Cook up and update LOB governance documents.
• Coordinate branch and advisor registrations.
• Participate in Enterprise and Wealth business line risk initiatives and projects.

Key Competencies

• Planning and Organization - Strong analytical, critical thinking and problem-solving skills.
• Technical Knowledge - Knowledge of financial products, systems, and compliance; regulatory environment and applicable brokerage regulations.
• Collaboration – Must have strong interpersonal skills to work collaboratively with Wealth Management team members, Corporate Risk/ Compliance, and regulators to develop required policies and procedures.
• Communication – Must be able to effectively communicate and train other Wealth Management team members on risk-related topics.

Benefits

• Competitive compensation with your salary and incentive program.
• In addition to medical, dental, and vision insurance.
• 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite.
• Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.

Pay

Final compensation will be determined by location, skills, experience, qualifications and the career level at which the position is filled.

Schedule

Join our team!