Wealth Management Governance & Regulatory Program Manager - Salt Lake City

Zions Bancorporation, N.A. (Zions) is one of the nation’s premier financial services companies, consisting of a collection of great banks with combined total assets exceeding $87 billion. Zions operates banking divisions under local management teams and community identities in 11 states.

Enterprise Wealth Management (EWM) is dynamic and evolving business line under the Zions’ umbrella that is experiencing significant growth and innovation. In addition, regulatory oversight in the wealth management space is becoming more complex. This requires a consistent and proactive oversight of changing rules and regulation and the timely implementation of enhanced controls and monitoring to address the risks associated with those changes.  

We are currently seeking a Wealth Management Governance & Regulatory Program Manager within the EWM Team to perform critical functions as part of the supervisory oversight program for EWM. This position is in Salt Lake City, Utah.

Description

Wealth Management Supervisory Manager works closely with key executives to monitor and manage some of the most significant and critical processes associated with a supervisory program in the financial services industry. The Supervisory Manager provides business line oversight of the key regulatory and compliance requirements associated with providing advisory and fiduciary asset management services.

Responsibilities

Wealth Management Supervisory Manager provides leadership, analytical skills, and innovative thinking necessary to carry out existing supervisory activities and monitoring as well as to identify opportunities to enhance and improve existing processes. Specific responsibilities include, but are not limited to:

• Serve as the primary point of contact for regulatory agencies for Wealth Management. Coordinate regulatory examinations, audits, and inquiries and ensure timely and accurate responses to regulatory requests.
• Coordinate quarterly touchpoints with key regulators. Review applicable committee materials and prepare executive summary of key points of interest or significant events that may be reviewed during the touchpoint.
• Prepare committee materials for business and risk oversight committees including key reporting metrics, executive summaries and analysis.
• Conduct Risk and Control Self-Assessment (RCSA) of Wealth Management’s key operational controls and oversee the ongoing assessment and monitoring of those controls.
• Conduct scheduled compliance and supervision monitoring and testing reviews over assigned business line activities in accordance with the supervisory program.
• Manage business line governance documents including the charters, policies & procedures, approval authorities, and documentation retention.
• Communicate findings/issues to business line management and develop and executive corrective action plans.
• Provide subject matter expertise on compliance and risk topics pertinent to advisory services and fiduciary asset management.
• Perform compliance reviews and approvals of business cards, emails signatures, and marketing and website content.
• Review and oversee ongoing business line processes and reporting for advisory and fiduciary asset management services, including:
  • Preparation and documentation of onsite audits of registered branch locations
  • Maintenance of licensing and registration information for advisors and license bankers.
  • Review and monitoring and administrative and investment review(s) status and issue resolution.
  • Quality assurance and review of Investment Policy Statements’ creation, compliance to applicable guidelines.
  • Conduct reviews of internal investment guidelines and approvals
  • Review new account documentation from a KYC/AML due diligence standpoint.
• Execute other duties as assigned by department management.

Qualifications

• Requires a bachelor’s degree in business, finance or a related field and 5+ experience in financial services regulatory compliance, securities industry, investment management, investment banking, auditing, or other directly related experience. A combination of education and experience may meet requirements.
• FINRA Series 7 and 66 certifications are required. FINRA Series 24 preferred.
• In-depth knowledge of advisory and fiduciary asset management rules, regulations, and industry standards required.
• Strong analytical skills with the ability to bring together large amounts of data into succinct reports.
• Strong Excel skills and experience in data analysis, data mining, or database management is preferred.
• Excellent verbal and written communication skills and ability to present information to regulators, senior management.
• Strong attention to detail and organizational skills. Ability to learn as you go and think and problem-solve independently.
• Self-motivation and the ability to work independently and with team members.

Benefits:

• Medical, Dental and Vision Insurance – START DAY ONE! 
• Life and Disability Insurance, Paid Paternal Leave, and Adoption Assistance 
• Health Savings (HSA), Flexible Spending (FSA), and dependent care accounts 
• Paid Training, Paid Time Off (PTO), and 11 Paid Federal Holidays 
• 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience 
• Mental health benefits, including coaching and therapy sessions 
• Tuition Reimbursement for qualifying employees 
• Employee Ambassador preferred banking products