Trust Compliance Officer

We are looking for a young compliance person in Reno Nevada who is interested in developing a career in an international fiduciary services organisation which has offices in London, Geneva, Zurich, Channel Islands, Singapore, BVI and Miami. It is a truly international team environment in which to work.  

The purpose of the Trust Compliance Officer role is to primarily provide support to Sequent (North America) LLC (“SQNA”) and ensure it complies with applicable laws, regulations, and industry standards. This role involves assisting the Compliance Director in developing, implementing, and overseeing policies and procedures to maintain compliance with trust-related legal and regulatory requirements. The Trust Compliance Officer will work closely with various departments within the Sequent Group, including legal, risk management, and operations, to ensure SQNA’s trust activities are conducted ethically and in full compliance with regulatory guidelines.

RESPONSIBILITIES

• Regulatory Compliance: Monitor and interpret relevant laws, regulations, and guidelines affecting trust operations, and ensure the organization’s practices are compliant. Keep abreast of changes in legislation and ensure that these are communicated effectively within SQNA and the Sequent Group, where applicable.


• Policy Development: Develop, implement, and maintain policies and procedures. Ensure that these policies are aligned with both regulatory requirements for SQNA and Sequent Group’s strategic objectives.


• Risk Assessment: Conduct regular compliance risk assessments to identify potential areas of vulnerability. Develop and implement corrective action plans for resolution of problematic issues.


• Internal Audits: Provide support and liaise during external internal audits to ensure trust activities comply with established policies and regulatory requirements.


• Reporting: Prepare and present reports on compliance activities, audit findings, and risk assessments to Compliance Director for presentation to Board of Directors.


• Liaison with Regulators: Act as additional point of contact to Compliance Director with primary regulator, Nevada Financial Institutions Division (“NFID”) concerning trust examinations and compliance matters


• Support Compliance function within Sequent Group: Assist the other Sequent Group compliance functions in any of the above-mentioned responsibilities depending on the need of the relevant Sequent Group compliance function.

REQUIREMENTS

• Education: Bachelor’s degree in law, finance, business administration, or a related field.


• Experience: Minimum of 3-5 years of experience in trust administration, compliance, legal, or regulatory roles within the financial services industry.


• Knowledge: Strong understanding of trust/fiduciary laws, regulations, and industry best practices. Familiarity with the operations and regulatory environment of financial institutions.


• Skills:
  
  
  
  • Excellent analytical and problem-solving abilities.
  
  
  • Strong attention to detail and the ability to handle complex regulatory requirements.
  
  
  • Exceptional communication and interpersonal skills, with the ability to influence and educate stakeholders at all levels.
  
  
  • Ability to manage multiple tasks and prioritize effectively in a fast-paced environment.
  
  
  • High level of integrity and ethical standards.
  
  
  • Ability to work independently and as part of a team.
  
  
  • Strong sense of accountability and ownership over compliance matters.