At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.
Under limited supervision of the Head of Wealth Management or their designee, responsible for the overall compliance program and risk management as it relates to the Associated Trust Company. Responsible for developing and overseeing the execution of a compliance program with respect to Trust Company activities, understanding statutory and regulatory changes and their impact on the Trust Company, and providing guidance on how to ensure compliance and risk management practices can be incorporated within the policies and procedures of the Trust Company. Works closely with Senior Trust Company Management, Legal, Risk Management, Customer Care, Corporate Compliance, and Corporate Audit, as well as Business Line Risk Managers and Compliance Officers throughout Wealth Management to understand and assist in addressing risk mitigation and non-compliance issues.Act as the Business Line Risk Manager (BLRM) for the LOB/support area and report functionally and administratively to the Executive or Head of the Line. In addition, the BLRM has an indirect reporting relationship to the Chief Risk Officer. The BLRM has functional risk responsibilities as documented within the "BLRM Program Document" to help ensure first line risk mitigation commensurate with line risk. The CRO and Audit Exec shall provide the line Executive periodic performance feedback.
Job Accountabilities
Maintain a thorough knowledge of all applicable fiduciary and banking statutes and regulations. Keep current and up-to-date on new, existing and proposed regulations, and analyze implications of proposed regulations on the Trust Company or other Wealth Management entities as applicable, and communicate the implications to management.Provide guidance and advice to the Trust Company on compliance and risk management, including policies, procedures, and controls necessary to achieve compliance with state and/or federal regulatory requirements. Act as a resource for compliance and risk management related activities, and personally research and escalate questions or concerns, or report findings back to management in a timely manner.Full responsibility to manage the Trust Company's:
Conflict of interest program, including its development and execution of monitoring and reporting of identified actual or potential conflicts and related risk mitigation efforts.Accountability program, including its development, ongoing review and maintenance, coordinating collection of documentation regarding critical errors and reporting to management on critical errors to assist management in mitigating risk by identifying colleague coaching and/or process improvement opportunities.Complaint reporting for the Trust Company in accordance with Trust Company and Customer Care procedures.Participate in or delegate participation in various Trust Company governance committees, including the Board Trust Committee to report compliance related findings, risk management initiatives, regulatory exam issues, and to educate and discuss new regulations impacting the Trust Company. Participate in Corporate level risk-related governance committees or project groups to assist in identifying and mitigating regulatory, compliance and other risk on a corporate-wide basis. Assist in coordinating and participate in the annual Risk Assessments (BSA/AML, RCSA, Compliance) of the Trust Company and its operations.Participate in the development, implementation and review of policies and procedures as it relates to the orderly functioning of the Trust Company with an emphasis on compliance and risk. Provide guidance to the Trust Company on education programs to ensure compliance background and requirements are included in the curriculum. Maintain a high level of understanding as it relates to Trust Company systems and applications to ensure when changes are made, compliance initiatives are not negatively impacted. Participate in the analysis of new systems or applications to ensure compliance requirements can be met. This responsibility extends to the implementation of applicable Wealth Management or Corporate level policies, risk programs and risk standards, and assisting in understanding or monitoring compliance and risk with these other Wealth Management or Corporate level initiatives, as delegated.Assist Trust Company management in assessing compliance and risk, and identifying potential violations, by developing and implementing an effective compliance program that includes periodic monitoring and reporting related to compliance with Trust Company policies, procedures, and state and/or federal regulatory requirements. Develop and manage a team of Compliance professionals responsible for executing the compliance program. Guide and direct the Fiduciary Risk & Compliance Program Manager as to additions or revisions to the compliance program in relation to statutory or regulatory changes that impact the Trust Company.Participate in coordination of information gathering and management discussions relative to all external and internal audits and examinations, and assist Trust Company management in the development of responses to audit or regulatory findings. This function includes audits performed by Corporate Audit and examinations by the Office of the Comptroller of the Currency or other regulatory agencies.
Education:
Experience
Licenses and Certifications
In addition to core traditional benefits, we take pride in offering benefits for every stage of life.
Retirement savings including both 401(k) and Pension plans.
Paid time off to volunteer in your community.
Opportunities to connect with others through our diversity-focused Colleague Resource Groups.
Competitive salaries with professional development and advancement opportunities.
Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.
Personal banking, loan, investment and insurance benefits.
Associated Bank serves more than 120 communities throughout Wisconsin, Illinois and Minnesota and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest. Join our community on Facebook, LinkedIn and X.
Compliance Statement
Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.
Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.
Responsible to report ethical concerns as needed to Associated Bank’s anonymous Ethics Hotline.
Associated Bank provides additional assistance to individuals with disabilities throughout the application & interview process. Please contact leavesandaccommodations@associatedbank.com if you need an accommodation at any time during the interview process.
Associated Banc-Corp is an Affirmative Action and Equal Opportunity Employer. Associated Banc-Corp participates in the E-Verify Program. E-Verify Notice English or Spanish. Know Your Right to Work English or Spanish.
Associated Bank is Pay Transparency compliant.