Director, Trust & Investment Management Compliance

First Western is seeking a Director, Trust & Investment Management Compliance to join our team! 

Are you looking for a challenging and rewarding opportunity? First Western is seeking a passionate and experienced professional to join our team.

As a Director, Trust & Investment Management Compliance at First Western, you will play a vital role in helping high-net-worth clients achieve their financial goals. You will work closely with our Risk Management team to deliver comprehensive solutions that exceed client expectations.

If you are passionate about providing exceptional service to clients and are looking for a challenging and rewarding opportunity, we encourage you to apply for this position today.

What You Will Do:

• Research, analyze, interpret, and effectively apply trust-related laws and regulations, keeping up to date on emerging issues and topics.
• Verify compliance with related fiduciary requirements through reviews and tests of operational controls.
• Ensure the Bank meets investment-related fiduciary standards by reviewing the decision-making process used for the selection, retention, and preservation of discretionary assets.
• Assess whether financial risks embedded in account portfolios are appropriate, the timing and completeness of annual account reviews, and monitor fiduciary assets for trends and related risk exposures
• Verify adherence with applicable trust laws and regulations through detailed tests of new, closed, and existing trust accounts.
• Evaluate the account review process (Reg 9 Review Process/FDIC Fiduciary Review Process/ERISA) including the ongoing assessment of account-level risks.
• Review, test, and advise on Trust, IM, and Retirement account administration including adherence to the governing account instrument, needs of account beneficiaries, prudence in asset administration, avoidance of conflicts of interest, and appropriateness of fees.
• Assess, and conduct testing, for risk exposure and monitoring processes, including risk rating of accounts and watch list monitoring process, and other compliance issues, control weaknesses and their root cause, and meet with management to make recommendations for remediation of compliance risk and appropriate corrective action.
• Compose written reports containing findings, any corrective actions required, and recommendations for distribution to management, client-facing staff, and to various Trust, Compliance, and Risk Committees, as applicable and participate in various committees, audits, and examinations related to compliance and regulations
• Evaluate Trust (and related product) policies and procedures and make recommendations, as needed.
• Complete and Comply with the Companies Code of Ethics and Conflict of Interest Questionnaire and Policy Acknowledgement
• Complete all assigned training on time
• Embrace and adhere to First Western's Core Values

What You Bring: 

• Excellent proficiency with Microsoft Office Suite; experience with FIS/Verafin preferred
• Effective interpersonal communications; detail-oriented; ability to multi-task in a fast-paced environment
• Strong presentation, written, and verbal communication skills
• Excellent problem-solving and analytical skills
• Ability to analyze and interpret complex legal and regulatory documents
• Strong project management and organization skills
• Outstanding leadership and team mentoring abilities.

Education Level    Education Details    Required/Preferred
Business field or Law (Trusts) or related education     Required

Juris Doctorate or CTFA   Preferred

Experience Level    Experience Details    Required/Preferred
7-10 years of Trust Compliance, Trust Officer, or other Trust professional experience   Required

5-7 years of Supervisory Experience  Required

7-10 years of strong Knowledge of Trust Estate Planning & Administration and the regulatory requirements of Trust    Preferred

License/Certification Details    Time Frame    Required/Preferred
Certified Fiduciary & Investment Risk Specialist   Upon Hire     

What You Receive:

At First Western, we pride ourselves on our culture of innovation, teamwork, and continuous learning. We are committed to providing our employees with the tools and resources they need to succeed, including ongoing training and development, a competitive compensation package, and a comprehensive benefits program.

Pay Range:  $108,000 - $173,000/YR

Job Classification:  Full-Time Exempt/Non-Exempt

*Actual offer will be based on experience, location, education, and/or skills*

- Strong Bonus Potential
- 401(k) Plan with Match
- Paid Parking/Transportation Benefits
- Access to Training & Professional Development Programs
- Sponsorship for Obtaining Professional Certifications
- Flex Spending Accounts
- Health Savings Account
- Health & Wellness Benefits
- Paid Time-Off+ Bank Holidays

Interested in learning more and seeing how we connect? Visit us today at: https://myfw.com/careers/

Questions? Contact us at Talent.Management@myfw.com

First Western Financial, Inc. is proud to be an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive and safe environment for all employees. We are fully committed to achieving a diverse workforce by hiring, developing, and retaining talented people from different backgrounds, experiences, abilities, and perspectives. Individuals from all backgrounds, including non-traditional backgrounds, historically marginalized, or underrepresented groups are strongly encouraged to apply.