Trust Compliance Specialist

As a leader in the “self-directed” IRA industry, New Direction Trust Company gives clients the freedom to invest their tax-advantaged retirement and health savings funds in the alternative assets they are most passionate about. From real estate and startups to small businesses and precious metals, if our clients can find it, we want to help them fund and add to their wealth building portfolio.

We also believe in investing in our employees, listening to their ideas, and educating and promoting from within, so the success of our company is linked to the success of our staff. We love what we do, and we know that you will love it here too because this is the positive environment you are looking for! If you are inspired by helping individuals do their best work in and outside of the office and love to help create programs that teach new concepts in clever and creative ways, we would love to hear from you! If you want to work for a company that values your professional growth and personal time outside of work just as much as growing our business, then you have come to the right place!

Trust Compliance Specialist will be responsible for assisting in the development of several new programs including an enterprise-wide risk assessment and a transaction monitoring and screening program. This position will be responsible for executing the day-to-day compliance tasks. Candidates should possess a general knowledge of the various regulatory banking compliance regulations and possess audit and testing capability.

Some onsite work is required; therefore, you must be located within the local Louisville, CO area.

DUTIES AND RESPONSIBILITIES:

· Identify control weaknesses and root causes of compliance deficiencies, conduct research to support regulatory exceptions/control weaknesses and propose appropriate corrective action.

· Create the transaction monitoring program.

· Conduct 314(a) FinCEN searches, as required.

· Assess the adequacy of remediation activities, monitor through completion, and escalate past-due items.

· Assist with external examination and various audit requests including preparing materials and assisting in the development of responses.

· Assist in building out the new Vendor Management Program which includes writing policies and procedures. Work with new vendors to perform due diligence and ensure compliance.

· Assist with other ad-hoc compliance-related projects as requested.

· Monitors overall activities of the media department; identifies problem areas and directs corrective actions.

· Performs other related duties as assigned by management.

QUALIFICATIONS:

· BA/BS degree finance desired, though equivalent experience in a regulated banking compliance role may be considered

· Minimum of 3-4 years of experience in banking or fintech with a focus on AML/BSA compliance

· Strong understanding of KYC requirements and best practices

· Previous experience performing customer onboarding and customer risk assessments

· Ability to research regulatory requirements and formulate opinions.

· Excellent written and verbal skills necessary to interact and communicate with various levels of business stakeholders, up to and including senior leadership.

· Have a proactive attitude with proposing process/procedure enhancement suggestions

· Able to communicate effectively regarding reporting

· Excellent written and verbal communication skills with a strong attention to detail

· Experience with process improvement in a financial setting

· Experience in developing and implementing BSA policies, programs, and procedures

· Certified Anti-Money Laundering Specialist (CAMS) designation preferred but not required

Employment Type:

· Full time, hybrid remote

Benefits:

· Comprehensive Health, Dental, Vision, and Life Insurance benefits on day 1

· Optional buy up on Life Insurance benefits for self, child and spouse

· Optional HSA (dependent on health insurance plan) with employer contributions of $90/month

· PTO as a benefit and 10 paid bank holidays

· FSA and FSA-Dependent Care

· SIMPLE IRA retirement plan, with matching contributions of up to 3% of income

· Optional short and long-term disability insurance benefits

· Tuition/Certification reimbursement program

· Profit sharing

· Monthly Internet stipend (if applicable)