Fiduciary Governance Officer

Overview

This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office.

This position applies governance and fiduciary knowledge and oversight of the Bank's trust department. Maintains an expert knowledge of new and existing laws, rules, and regulations impact trust activities and business for individual and corporate clients. Reviews business processes, procedures, and activities for accuracy, risks and inefficiencies. Develops and implements new policies and procedures to facilitate consistent implementation of risk management practices related to trust administration. Partners with client teams to review wills, trusts, powers of attorney, and related estate planning documents and provide fiduciary expertise. Facilitates the security and integrity of Bank activities by ensuring compliance with all applicable rules, regulations, and standards.

Responsibilities

Governance Improvement - Analyzes applicable laws, rules, and regulations as well as internal fiduciary processes and systems. Aids the development and revision of policies and procedures to ensure regulatory compliance and current processes.

Business Support - Serves as a liaison between examiners, regulators, auditors, legal, and corporate compliance during compliance examinations, processes, and procedures. Works with the business units to track, investigate, and resolve audit or exam issues. Recommends process and operational improvements that enhance efficiencies and reduce risk. Works with front office to provide technical support and review of estate planning and other documents related to client accounts.

Reporting - Prepares reports for committees and management on results of fiduciary-related reviews, legal changes, or new regulations. Prepares reports or forms required for the timely submission of regulatory filings.

Governance and Fiduciary Expertise - Maintains a strong knowledge of current or changing laws, rules, regulations, requirements, policies, and procedures that affect the trust department of the Bank. Possesses an understanding of sophisticated tax planning strategies for high-net-worth clients, estate tax, gift tax, generation skipping tax, and income tax. Serves as a resource to management and associates on fiduciary-related matters.

LI-JW2

Qualifications

Bachelor's Degree and 5 years of experience in Compliance, Legal, or Audit OR High School Diploma or GED and 9 years of experience in Compliance, Legal, or Audit

Juris Doctor - Preferred; Delaware Trust Experience - A Plus

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https : / / jobs.firstcitizens.com / benefits.

Company Description :

Founded in 1898 and headquartered in Raleigh, N.C., First Citizens Bank serves customers in 18 states and the District of Columbia. For over 100 years, customers have trusted First Citizens with their money … and their futures. Today, First Citizens is the largest family-controlled bank in the nation and the sixth-largest bank franchise headquartered in the Southeast with more than $30 billion in assets. We employ more than 6,000 associates who are focused on helping our customers achieve a lifetime of success. First Citizens operates more than 570 branches in Arizona, California, Colorado, District of Columbia, Florida, Georgia, Kansas, Maryland, New Mexico, Missouri, North Carolina, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Virginia, Washington and West Virginia.

First Citizens Bank. Forever First®. Member FDIC.

Equal Opportunity / Affirmative Action Employer / Minority / Female / Disability / Veteran

If you need special assistance or an accommodation in applying for employment at First Citizens Bank, please contact our Human Resources department.