Head of Risk and Compliance - Wealth and Trust

At FNBO, our employees are the heart of our story—and we're committed to their success! Please see below the details of this career opportunity and how it fits into our organization's success.Summary Of The JobThe Head of Risk and Compliance - Wealth and Trust leads first-line risk management and compliance oversight for the Wealth Division. This role provides independent risk oversight, assessment, and monitoring across all wealth activities while ensuring comprehensive regulatory program management and examination collaboration. This position requires a risk-focused leader with deep wealth management regulatory expertise who can design frameworks that enhance both regulatory adherence and operational efficiency. You will have decision-making authority and accountability for risk acceptance and compliance matters with financial implications for the division. The role serves as a key member of the Wealth Division Leadership Team and participates in wealth committees and management meetings.First-Line Risk Management and OversightConduct comprehensive risk assessments across wealth management activities (trust, investment advisory, brokerage)Provide independent first-line oversight of operational, fiduciary, reputational, and strategic risksDevelop, implement, and monitor Key Risk Indicators (KRIs) and risk metricsOversee testing, monitoring, risk assessments, and mitigation plans for the divisionMake independent decisions regarding risk acceptance within established governance frameworksEvaluate existing processes and direct activities to address control gaps using deep knowledge of common risksAnticipate, assess, monitor and report on risks to division leadership and enterprise risk managementCompliance Leadership and Regulatory ManagementServe as compliance leader for the Wealth division ensuring adherence to SEC RIA regulations, FINRA rules, OCC trust requirements, and state fiduciary regulationsImplement and maintain comprehensive compliance programs across wealth business linesServe as liaison with second line during examinations, inquiries, and ongoing regulatory relationshipsDevelop and maintain division-wide compliance policies, procedures, and control frameworksOversee compliance monitoring, testing, and surveillance programs across all operational areasLead compliance training programs and ensure staff understanding of regulatory obligationsCreate and update compliance policies covering fiduciary duties, conflicts of interest, advertising, and privacy requirementsOversee preparation of regulatory documents including Form ADV, RC-T, 13F, and other required filings as well as books and recordsEnsure proper licensing and registration maintenance across all division personnelCoordinate with Legal and Enterprise Compliance on regulatory matters and policy updatesTeam Leadership and DevelopmentBuild and lead the Wealth Risk and Compliance team, including at least two direct reports and 1-3 dotted line direct reports and a total of 15-20 team membersDevelop talent pipeline for critical risk and compliance capabilitiesFoster a culture of proactive risk identification and regulatory excellenceCollaborate with division leadership to embed risk awareness across all teamsStrategic Advisory and Enterprise LeadershipServe as strategic advisor to division management on risk and compliance mattersParticipate actively in business meetings, risk committees, and planning sessionsBuild trusted relationships with legal, audit, finance, enterprise risk, and front-office leadershipContribute to enterprise-wide risk strategy development by representing the Wealth division in bank-level forumsAnticipate industry and regulatory trends to position the Wealth division for future successRepresent the Wealth division in enterprise-level governance committees and external industry forumsWork closely with senior leaders to provide guidance on strategic initiatives to avoid compliance and reputational issuesEducation & ExperienceBachelor's degree required; advanced degree (MBA/JD) or industry certifications (e.g., CFA, CCO, CAMS, CFIRS, CRCP, CTFA, IAACP) strongly preferredSeries 7, 24 strongly preferred (or ability to obtain)10+ years of experience in financial services with at least five years in progressive leadership roles managing risk and compliance functions across wealth management business linesProven experience with OCC, SEC, FINRA, trust, RIA, broker-dealer, and capital markets regulationsTechnical & Leadership CompetenciesDeep knowledge of SEC Investment Advisers Act, FINRA conduct rules, OCC trust regulations, and state fiduciary requirementsSkilled in operational risk identification, internal controls, scenario analysis, and root cause remediationExceptional analytical, communication, and leadership skills; ability to influence across all levelsExcellent written and presentation skillsData-driven decision-making approachUnderstanding of bank policy, laws, FINRA/SEC regulations, and BSA/AML ProgramCompensationCompensation range (base pay): $160,298.00-$272,508.00Work EnvironmentIt is anticipated that the incumbent in this role will work onsite at the posted location. The onsite environment fosters innovation, mentorship, and a vibrant culture where ideas flow freely and relationships flourish. Work location is subject to change based on business needs.Benefits OverviewMedical, Dental, Vision Insurance401k, With Matching ContributionsTime Off ProgramsHealth Savings Account (HSA)/Dependent CareEmployee BankingGrowth OpportunitiesTuition AssistanceShort-Term/Long-Term Disability InsuranceEqual Opportunity & BelongingFNBO is an equal opportunity employer for all employees and applicants and makes employment decisions without regard to status or identity. FNBO follows federal law regarding the use of marijuana (this applies to all non-California applicants).J-18808-Ljbffr