Wealth Risk Officer

Job Title

Old National Wealth Advisors Compliance Coordinator

Overview

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our 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. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Responsibilities

Salary Range: $60,000 - $121,300 per year. Final compensation will be determined by location, skills, experience, qualifications and the career level at which the position is filled.

Job Summary: Work within Old National Wealth Advisors (ONWA) to ensure adherence to applicable regulations, laws, policies and procedures. Assist with coordinating internal and external audits 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.

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
• Facilitate Oversight of program by ONB
• Prepare and update LOB governance documents
• Oversee 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
• Coordinate branch and advisor registrations
• Work closely with LPL compliance team to review compliance with LPL and regulator policies and procedures
• Participate in Enterprise and Wealth business line risk initiatives and projects

Key Competencies for Position

• 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.

Qualifications and Education Requirements

• 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

Key Measures of Success / Key Deliverables

• Timely completion of testing and monitoring reports
• Timely completion of investigative requests

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.

We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.

Our culture is firmly rooted in our core values. We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.

We are Old National Bank. Join our team!