TIAA Bank Trust Compliance Sr Associate in Charlotte, North Carolina
The Trust Compliance Senior Associate supports the TIAA, FSB Trust and Investments Compliance Program in order to ensure organizational functions are in compliance with all relevant laws, regulations, and policies and to prevent illegal, unethical, or improper business practices within the organization. This job focuses the processes to identify, investigate, analyze, report, and resolve compliance risks. As a member of the Trust Compliance Team, the Trust Compliance Senior Associate will engage with multiple levels of Trust and Investment management and associates to monitor, test and assess the appropriateness and effectiveness of operational controls. This team and role is also responsible for reviewing and updating applicable policies and procedures, which also affords the opportunity to evaluate the design of certain processes and controls. The successful candidate will also attend a variety of Trust and Investment committee meetings for the purpose of providing critical challenge and advisory support to the lines of business. In addition to these business oversight activities, the Trust Compliance Senior Associate will support the core Compliance responsibilities of TIAA, FSB as they pertain to the Trust and Investments Divisions, including the annual Enterprise Compliance Risk Assessment, evaluation and assignment of training, issue escalation and reporting.
Key Responsibilities and Duties
• Perform compliance monitoring, testing and/or risk assessments, as applicable, to identify compliance issues, concerns, and deficiencies.
• Provide detailed and accurate documentation of monitoring, testing and other oversight activities, including risk assessments.
• In coordination with the Compliance Officer, design and support the implementation of corrective action plans to resolve problematic compliance issues and to ensure that compliance deficiencies are corrected.
• Implement preventative measures and compliance processes in furtherance of business unit compliance programs.
- University (Degree) Preferred
- 3+ Years Required; 5+ Years Preferred
- Physical Requirements: Sedentary Work
- 3 years' experience in the financial services industry, personal and institutional trust, and/or compliance for such industries, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
5-7 years' experience in the financial services industry, personal and institutional trust, and/or compliance for such industries, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Investment management, corporate trustee, and/or general financial services oversight experience
Drafting test scripts and/or narrative test reports
Microsoft Excel and other data analysis tools
Strong writing and communication skills
Detail-oriented and possess the ability to effectively multi-task
Ability to present to multiple levels of the organization
Potential Salary: $95,200.00 USD
Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).
As a part of TIAA’s Financial Solutions business, TIAA Bank, a division of TIAA, FSB, provides full-service, nationwide banking and lending services to consumer, commercial and institutional clients through a variety of channels, including online, its Florida-based financial centers and at other business offices throughout the country.
TIAA requires all U.S. employees to be fully vaccinated against COVID-19 and provide documentation of full vaccination, unless you qualify for an accommodation as determined by TIAA consistent with applicable law.
Benefits and Total Rewards
The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary (https://www.tiaa.org/public/pdf/benefits-at-a-glance.pdf) .
We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.
Read more about the Equal Opportunity Law here (https://www.dol.gov/general/topics/posters) .
TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.
If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:
Phone: (800) 842-2755
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