Lead Fiduciary Compliance Specialist

LEAD FIDUCIARY COMPLIANCE SPECIALISTWHAT IS THE OPPORTUNITY?The Lead Bank Fiduciary Compliance Specialist supports the execution, oversight, and continuous improvement of compliance programs within Wealth Management with specific focus on OCC 12 CFR 9 Fiduciary Activities and state fiduciary regulations including Delaware. This role partners closely with Compliance Officers and business stakeholders to ensure alignment with regulatory requirements while enhancing operational efficiency across functions. The position is responsible for monitoring compliance activities, supporting risk assessments and testing efforts, and contributing to the development and implementation of policies, procedures, and governance frameworks. In addition, the role serves as a liaison between compliance and business teams to identify process improvements, drive consistency in execution, and support business initiatives within a controlled and compliant environment.WHAT WILL YOU DO?Support the execution and ongoing enhancement of Wealth Management compliance programs, ensuring alignment with regulatory requirements and internal policies with specific focus on OCC 12 CFR 9 fiduciary compliance program requirements.Monitor, analyze, and escalate compliance risks and issues, including client activity and regulatory exposurePartner with Compliance Officers and business stakeholders to support risk assessments, compliance testing, and monitoring activitiesTrack and report on compliance testing results, open issues, and remediation effortsAct as a liaison between compliance and business units to ensure consistent interpretation and application of policies and regulatory requirementsContribute to the development, implementation, and maintenance of compliance policies, procedures, and governance frameworksSupport regulatory and internal reporting requirements, including documentation of testing and monitoring activitiesIdentify opportunities to enhance compliance processes and operational workflows; support implementation of improvementsAssist in evaluating business unit activities, new products, and services to ensure compliance with applicable laws and regulationsSupport exam management activities and interactions with regulatory agencies, including preparation and follow-upMonitor and track compliance training and continuing education requirementsAnalyze compliance program effectiveness and support standardization efforts across functionsProvide guidance to internal stakeholders by interpreting regulatory requirements withinWHAT DO YOU NEED TO SUCCEED?Required Qualifications*Bachelor's Degree or equivalent7 years of experience in banking, wealth management, compliance, or risk management5 -7 years of experience supporting compliance programs, regulatory requirements, or operational risk activitiesExposure to compliance testing, monitoring, reporting, or policy implementationAdditional QualificationsExperience in Wealth Management or Trust & Fiduciary complianceFamiliarity with compliance risk management systems or frameworksRelevant certification (e.g., CRCM) or progress toward certification preferredStrong understanding of banking regulations, compliance frameworks, and risk management principlesWorking knowledge of Wealth Management, Trust & Fiduciary, or investment-related compliance environmentsAbility to interpret and apply regulatory requirements to business processesExperience supporting compliance testing, monitoring, and issue remediationStrong analytical and problem-solving skillsExcellent organization and time management skillsStrong written and verbal communication skills across all levelsAbility to identify process improvement opportunities and support implementationExperience working cross-functionally between compliance and business teamsProficiency in Microsoft Office (Outlook, Excel, Word, PowerPoint)Experience supporting regulatory exams or audits preferredWHAT'S IN IT FOR YOU?CompensationStarting base salary: $175,000 - $225,000 per year in NYC. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.Benefits and PerksAt City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start dateGenerous 401(k) company matching contributionCareer Development through Tuition Reimbursement and other internal upskilling and training resourcesValued Time Away benefits including vacation, sick and volunteer timeSpecialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programsCareer Mobility support from a dedicated recruitment teamColleague Resource Groups to support networking and community engagementGet a more detailed look at our Benefits and Perks.ABOUT USSince day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENTCity National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.#LI-JR1 #CR-JR