Fiduciary Risk Specialist / Trust Examiner

$80,000 - $95,000/Yr

08H Federal Reserve Bank of St. Louis - Saint Louis, MO

Part-time,Full-time - Mid Level

Remote - Saint Louis, MO

About the position

The Fiduciary Risk Specialist / Trust Examiner will join the Supervision Division of the Federal Reserve Bank of St. Louis, focusing on evaluating the soundness of fiduciary activities within financial institutions. This role involves assessing risk management effectiveness, ensuring compliance with fiduciary laws, and may require travel within the Eighth Federal Reserve District. The position offers a hybrid work schedule and emphasizes work-life balance.

Responsibilities

• Evaluate soundness of an organization's fiduciary activities, including management, operations, earnings performance, compliance, and asset management.
• Assess the effectiveness of risk management, including board and management oversight, policies and procedures, internal controls, and management information systems.
• Ensure compliance with fiduciary laws and regulations.

Requirements

• Bachelor's degree in business or business-related field or commensurate experience.
• Five years of relevant experience in fiduciary activities, legal, or investment management.
• One of the following certifications preferred: Certified Fiduciary and Investments Risk Specialist (CFIRS) or Certified Trust Fiduciary Advisor (CTFA).
• Ability to lead or participate in fiduciary activities examinations or key areas within those activities.
• Knowledge in areas of finance, trust operations, or related fields.
• Interest in coaching, mentoring, and developing peers.

Nice-to-haves

• Experience in regulatory, wealth management, banking, or related fields in the financial services industry.

Benefits

• Medical (4 options), Prescription, Dental (3 options), and Vision Insurance with no waiting period
• 401k/Thrift Plan with generous employer match
• Employer-funded Pension Plan
• Paid Vacation/Sick Time & Holidays
• Flexible Spending Accounts and Healthcare Spending Accounts
• Flexible Work Schedule available in most departments
• Life Insurance and Long Term Disability Insurance
• Tuition Reimbursement (undergraduate and graduate)
• Parental Leave
• Free onsite 24/7 Fitness Center including training classes, and locker room / shower facilities
• Onsite Cafeteria & Coffee Shop
• Additional Convenience Benefits, Discounts and More…