Compliance Director, Trust Company and Custody Operations
Core
Lead regulatory compliance and operational oversight for trust company, custodial, and trading operations, ensuring adherence to ERISA, IRC, DOL, IRS, and SEC regulations for qualified retirement plans.
Role type
Senior IC Compliance Director (Trust & Custody)
Builds
Internal controls, regulatory reporting, and risk mitigation strategies for retirement plan administration.
Domain
Financial Services / Retirement Plans / Trust & Custody
Required skills
ERISA compliance, 401(k) regulations, trust company laws, custody services, IRS/DOL regulations, operational risk management, audit management, regulatory examination experience, team leadership, stakeholder collaboration
Preferred skills
JD, CPA, CRSP, QKA, CISP, recordkeeping platforms, trust accounting systems, custodial platforms, startup experience
Technologies
Form 5500, trust accounting systems, recordkeeping platforms
Responsibilities
Create and implement procedures and internal controls for trading activities; Ensure compliance with ERISA, IRC, DOL, IRS, trust company regulations, and SEC regulations; Oversee and enhance controls related to trust and custody operations; Provide regular reporting to internal stakeholders and Risk Committee; Partner with internal stakeholders to interpret regulations; Monitor regulatory developments and advise senior leadership; Serve as lead for Trust Company SOC 1 audit and New Hampshire Banking Department regulatory exam; Liaise with external auditors and regulatory agencies; Oversee regulatory reporting and filings; Manage a team of regulatory operations professionals; Drive continuous improvement and automation of compliance processes
Seniority
Senior, hands-on IC with team management