What are the responsibilities and job description for the Compliance Associate - Financial Services - Grow with us! (#16466852) position at Madison Trust Company?
Madison Trust is an integrated, rapidly growing, Bergen County based financial services group comprised of a chartered trust company, an IRA services specialty group, multiple alternative investment fund affiliates, and a real estate group. We're rated one of New Jersey's best places to work and maintain a superb and upbeat work culture!
We are looking to expand our team with a Trust Company Compliance team member with a background in regulatory compliance within the financial services industry. Reporting directly to the Controller, the candidate will also be responsible for agenda preparation and conducting follow-up activities based on feedback from regulators. Additionally, the job entails travel to South Dakota for meetings with regulators.
Responsibilities:
- Will learn to act as a subject matter expert on trust company regulations and compliance requirements.
- Field inquiries and provide guidance to members of the company regarding regulatory matters.
- Preparation of agendas for compliance-related meetings.
- Conduct follow-up activities, including addressing feedback and findings from regulators.
- Assist in the development and implementation of compliance policies and procedures.
- Work closely with the Controller and other compliance team members.
Requirements:
- 1 year of experience in compliance within the financial services industry.
- Excellent communication and interpersonal skills to effectively field inquiries and provide guidance to team members.
- Ability to stay updated with regulatory changes and communicate their implications.
- Proactive problem-solving skills and a keen eye for detail.
Job Type: Full-time
Pay: $60,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
Physical setting:
- Office
Schedule:
- Day shift
- Monday to Friday
Ability to Relocate:
- Montvale, NJ 07645: Relocate before starting work (Required)
Work Location: Hybrid remote in Montvale, NJ 07645
Salary : $60,000