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 Job:The 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. This role serves as a key member of the Wealth Division Leadership Team and participates in wealth committees and management meetings.About This Role: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 members.Develop 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 issuesThe Ideal Candidate for This Role:Education & 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 ProgramCandidates must possess unrestricted work authorization and not require future sponsorship.Compensation:Compensation range (base pay): $160,298.00-$272,508.00This role may have a specific starting pay within this range.Final compensation offer to candidate may vary from posted hiring range based upon work experience, education, and/or skill level.Work Environment:It is anticipated that the incumbent in this role will work onsite at the posted location. Our onsite environment fosters innovation, mentorship, and a vibrant culture where ideas flow freely and relationships flourish. As part of our team, you'll experience the energy of our collaborative spaces designed to support your professional growth while working alongside talented colleagues who inspire excellence daily. Please note that work location is subject to change based on business needs.Benefits Overview:We offer a variety of benefits designed to keep you and your family physically and financially healthy. Not only do we offer a competitive salary and work-life balance, we offer benefits to match your needs:Medical, Dental, Vision Insurance401k, With Matching ContributionsTime Off ProgramsHealth Savings Account (HSA)/Dependent CareEmployee BankingGrowth OpportunitiesTuition AssistanceShort-Term/Long-Term Disability InsuranceLearn more about FNBO benefits here: https://www.fnbo.com/careers/benefits/ .For additional information regarding compensation and benefits, e-mail FNBO at TAGAdmin@fnni.com . To ensure you receive a response, include the number of this job (listed below) in the subject line of your message.Job number: R-20260739Equal Opportunity & Belonging:FNBO believes that the quality of our employee experience is at the heart of our customer experience. One key pillar of our intended employee experience is Belonging. Belonging means we are committed to fostering a workplace culture where employees of all backgrounds feel valued, recognized, and empowered to be their authentic selves—no matter their role or where they are in their journey.Learn more here.FNBO is an equal opportunity employer for all employees and applicants and makes employment decisions without regard to status or identity.Click here to download 'EEO is The Law' Self-Print PosterClick here to download 'EEO is The Law' Supplement for Federal ContractorsClick here to download 'EEO is The Law' GINA SupplementFNBO is an Equal Opportunity/Affirmative Action/Veterans/Disability Employer - Member FDICFNBO follows federal law regarding the use of marijuana (this applies to all non-California applicants)Application Deadline:All our jobs will be posted for a minimum of 5 calendar days. Job postings may come down prior to 5 calendar days based on volume of applicants. #J-18808-Ljbffr