Fiduciary Compliance Officer

Why Broadway Bank:
We are one of the largest independently owned banks in
Texas with offerings in personal and private banking, wealth management,
business banking and mortgage lending.

Position Overview:

The Fiduciary Compliance Officer role operates under the
guidance of the Director of Wealth Management Compliance & Risk and tasked
with ensuring the bank's adherence to all pertinent laws and regulations. Key
responsibilities include conducting tests and monitoring compliance activities,
generating and analyzing compliance-related reports, and compiling Broadway's
business continuity plan. This position acts as a compliance generalist with
specialized expertise in wealth management and investment advisory compliance
areas.

Essential Functions:

• Performs regular audits and reviews of fiduciary
  activities and accounts to ensure all actions are aligned with fiduciary
  obligations, applicable laws and regulations. Identifies issues, provides
  recommendations for improvement, and assists in implementing corrective
  action.
• Conducts periodic monitoring and audits for
  transactions subject to Reg U and Reg W and reviews Americans with
  Disabilities Act (ADA) policies to ensure compliance across various
  departments. Identifies issues and
  assists in implementing corrective actions as needed.
• Collaborates with departments to ensure critical
  functions are accounted for in the bank's Business Continuity Plan (BCP)
  and updates the BCP to reflect changes in business environment,
  organizational structure, and emerging risks.
• Performs loan and deposit monitoring functions related
  to Reg O, compiles reports, and manages documentation to support audit and
  examination activities.
• Acts as a resource on compliance related questions and
  concerns. Stays abreast of new and
  amended laws, regulations, and guidelines, ensuring bank compliance.
  Assists in the development and revision of procedures, forms, and
  disclosures in response to regulatory changes.
• Provides research and guidance on compliance matters,
  assisting bank officers and employees with questions and the
  implementation of new products and services.
• Maintains a solid working knowledge of laws and regulations specific to wealth management, management and investment advisory services, including but not limited to 12CFR9, Regulation 9, ERISA, and the Department of Labor's PTE Rule, and is able to apply that knowledge toward development and implementation of a compliance oversight program for those areas.
• Engages in team and committee collaborations, offering
  compliance insights and updating policies and procedures, particularly
  focusing on loan-related and trust regulations.
• Develops compliance training materials and performs
  training for employees to promote awareness of fiduciary and regulatory
  compliance standards across the organization.
• Works closely with Wealth Management, Risk. Compliance,
  and Audit teams to ensure a unified approach to managing regulatory
  obligations.
• Plays a key role in the development and maintenance of the
  compliance management system.
• This position may require travel within the Bank's geographic area.

Experience & Education:

• 2+ years of experience in bank regulatory compliance,
  risk management or examination, or 5 years in bank auditing.
• A Bachelor's degree or equivalent work experience is
  required.

Skills & Qualifications:

• In-depth knowledge of banking laws, regulations, and
  guidelines, with the ability to apply this knowledge in a practical
  context.
• Proficiency in regulatory
  frameworks related to wealth management and investment advisory services.
• Strong analytical skills for creating and interpreting
  compliance reports.
• Effective communication skills, capable of articulating
  compliance requirements to all levels of bank staff and management.
• Ability to work independently and manage multiple tasks
  and projects.
• Proficient in using word processing and spreadsheet
  software.
• Detail-oriented with a commitment to high standards of
  compliance practice.
• Capacity to support and facilitate audit and
  examination processes.

Other Requirements:

• Demonstrated ability to work effectively with all
  levels of bank staff and the board of directors.
• Demonstrated proficiency in Microsoft Office Suite or
  similar applications.
• Requires the ability to lift, carry, push, pull weights or otherwise move objects weighing as much as 10 lbs. on a regular basis and/or for extended periods of time during the workday.
• Occasional overtime or extended hours may be required.

We're a culture that offers resources to benefit your
overall health and well-being:

• Career Development and Mentorship Programs
• Generous paid time off, minimum 4 weeks
• Employee recognition, awards, and events
• Free vision insurance
• Retirement matching
• Tuition reimbursement

This job description is not
designed to be a comprehensive listing of duties, responsibilities, or
activities that are required for this job. Duties, responsibilities, and
activities may change at any time with or without notice.

Broadway Bank
is proud to be an Equal Opportunity Employer. Broadway Bank is a drug-free and
tobacco-free workplace, with a nicotine-free hiring policy. All qualified applicants
will receive consideration for employment without regard to race, color, sex,
sexual orientation, gender identity, religion, national origin, disability,
veteran status, or other legally protected status.

Member FDIC