BancFirst logo

Trust Compliance Coordinator

BancFirst
18 hours ago
Full-time
On-site
United States
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Maintain and monitor the “trust compliance program” for compliance with regulatory requirements and internal policies for trust and investment management accounts. Work with Trust business-line units to interpret and execute various regulatory and compliance issues / projects, including Trust compliance program Internal policies and procedures for trust and investment management accounts Monitor account administration, investment, and operational compliance for: Corporate trust Personal trust Retirement services Investment management Assist in the coordination, monitoring, and follow-up reporting on: Federal and State regulatory examinations, Internal and external audits. Serve as a secondary liaison with the BancFirst Internal Audit Group for trust-related audit matters. Prepare quarterly and annual FFIEC – Call Reports – Schedule RC-T – Fiduciary and Related Services Reports. Prepare and monitor “trust collateral reports” for Oklahoma State Banking Department. Monitor USA Patriot Act and Bank Secrecy Act compliance for trust and investment management accounts. Monitor daily overdraft, large balance reports, and other daily system reports. Monitor “quarterly securities transaction reports” (FRB Reg. H) for compliance. Serve on Trust Administrative and Investment Review Committees Serve as a point of contact for various vendors for tasks such as system reporting, troubleshooting, and tax reporting and document preparation. Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. REQUIREMENTS Excellent oral and written communications skills Excellent personal computing skills including word processing and spreadsheet applications. Bachelors degree in business, finance, accounting, economics, law, or more than 3 years of relevant experience. PREFERRED SKILLS AND QUALIFICATIONS In-depth knowledge of trust administration and applicable laws, rules, and regulations. Knowledge of trust and investment management activities, products, and services. Experience in trust or bank internal audit, trust or bank operations, or related experience. PHYSICAL REQUIREMENTS Constant use of computer screens Ability to operate a computer keyboard, use hand to finger, handle or feel, reach with hands and arms, and talk, see or hear Intermittently standing, stooping, bending at the waist, walking, kneeling or crouching Ability to sit and/or stand for long periods of time during the workday Long periods of typing and repetitive motion Ability to lift and/or move and carry 10 pounds Hometown service, statewide strength. BancFirst is committed to investing in the future of Oklahoma communities. BancFirst is a $13 billion bank offering personal and commercial products, trust, insurance, and investment services in sixty Oklahoma communities. Employees enjoy excellent benefits and a learning environment that allows them to continuously improve their skills to deliver highly personalized service to customers. EOE - BancFirst is an Equal Opportunity employer. Diversity…Our differences enhance business performance.