Wealth Management Compliance Specialist

Enterprise Bank & Trust was founded in the spirit of entrepreneurship and community. From the small mom-and-pop coffee shop to the large construction company that employs local people, our goal is to help businesses succeed and our communities thrive. 

With offices in Arizona, California, Florida, Kansas, Missouri, New Mexico, Nevada and Texas, we’re strong, growing and committed to supporting the communities we serve. We extend this commitment to the community to our associates, offering annual paid volunteer time off and charitable-matching opportunities. Voted a Best Bank to Work For by American Banker for multiple years, we offer our associates an array of benefits and the opportunity to chart their own career path with us. Join us in the pursuit of our mission to guide people to a lifetime of financial success, and enjoy a career filled with professional growth opportunities, interesting colleagues and the satisfaction of supporting our communities. 

Together, there’s no stopping you!

Job Title:

Job Description:

Summary 

Responsible for all Wealth Management compliance activities. Responsible for following compliance procedures and ensuring that Wealth Management compliance activities are completed accurately and on a timely basis.

Essential Duties and Responsibilities: 

•  Complete Monthly House Account Reconciliation
• Run monthly new account reports and compile the New Account Review Memo
• Run monthly closed account reports and compile closed account review tracking report
• Run monthly account reports and complete a compliance review for a select number of accounts
• Compile Trust Compliance Committee reports.
• Creating the New account and Closed account reports as well as the Admin and Investment Review reports (completed review, review exceptions, and overdue reports for the committee.
• Fidelity IWS Scorecard and NIGO report
• Compile the Fee Committee Reports monthly
• Monitor Alerts for NIGOs, Rejects and Awaiting Client Review
• Maintain the account reviews for Admin and Investment modules
• This includes Maintaining group account reviews
• Running and maintaining Admin/Investment Reviews
• Complete the Reg R report and put together the Reg R memo
• Complete the quarterly 13f and RCT reports
• Complete the monthly Wealth Management Snapshot
• Monitor and Calculate RMD
  • Pull new RMD report in February
  • Monitor status of RMD payments
  • Track RMD exceptions
  • Calculate RMD for Inherited IRAs
• Send Annual ADV notices
  • Collect ADV notices for each Separate Account Manager
  • Send notices to clients through Groove
• Serve as a backup for New and Closed Accounts
• Serve as a backup for Fee Processing
• Perform other duties as required 

Qualifications: 

• Excellent knowledge of investment and compliance regulations.
• Must have excellent communication skills in order to coach, mentor, and train all members of the Wealth Management team on compliance tasks.
• Ability and willingness to independently solve complicated compliance issues
• Proven ability to identify and improve efficiency of processes and procedures. 
• Ability to work in a high paced team environment, recognizes and acts on changing priorities
• Strong verbal and written communication skills
• Strong analytical and decision making skills based on thoughtful assessment of risk and attention to detail along with good judgement and character.
• Effective time management and organizational skills are required for daily multi-tasking.

Supervisory Responsibilities

• None

Education and/or Experience: 

• Bachelor’s degree in business, finance, or related field
• A minimum of 5 years of compliance experience for a trust company or wealth management firm

Computer and Software Skills:

• Microsoft Office (required) with intermediate excel skills
• Wealthscape
• Trust Desk or Fi-tek
• Salesforce

Certificates, Licenses and Registrations:

• None

Equal Opportunity Statement:

Enterprise Bank & Trust is committed to helping individuals with disabilities participate in the workforce and ensuring equal opportunity to apply and compete for jobs. If you need an accommodation in order to apply for a position at Enterprise Bank & Trust please contact Human Resources at  Show email .

Enterprise Bank & Trust is committed to managing our business and community relationships in ways that positively impact our associates, clients, and the diverse communities where we work and live. We are proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, pregnancy, genetic information, disability, status as a protected veteran, or any other protected category under applicable federal, state, and local laws. All employment offers are contingent upon the applicant successfully completing both drug and background check screenings. If you would like more information about your EEO rights as an applicant under the law, please click  HERE .