Job Description
ProspectBlue is partnering with a forward-thinking, nationally chartered community bank that is expanding its platform through the launch of a new Trust Division. As the organization builds out its fiduciary services offering, they are seeking a Fiduciary Compliance Specialist to help establish and oversee the compliance and risk management framework for the trust business.
This is a unique opportunity to join a growing platform at an early stage and play a key role in shaping the fiduciary compliance infrastructure that supports personal, corporate, and institutional trust services.
Position Overview
The Fiduciary Compliance Specialist will be responsible for developing and managing the fiduciary compliance framework for the Trust Division. This includes building and maintaining the department’s risk assessment program, developing monitoring and testing processes, and ensuring compliance with applicable fiduciary regulations and internal policies.
Working closely with the Chief Trust Officer and cross-functional teams, this individual will help promote strong governance, regulatory compliance, and risk management across fiduciary activities. The role will also support leadership through reporting and insights that provide transparency into the risks undertaken by the department.
Key Responsibilities
Fiduciary Oversight & Governance
Assist in establishing fiduciary policies, procedures, and internal controls aligned with applicable regulations, including OCC guidance and fiduciary regulatory standards
Develop and maintain the Trust Division’s fiduciary risk assessment
Design and execute monitoring and testing procedures to assess compliance with fiduciary regulations
Report findings and insights to management and relevant oversight committees
Fiduciary Monitoring & Compliance
Conduct ongoing reviews of fiduciary accounts, transactions, and activities to ensure regulatory compliance
Perform periodic compliance testing and risk assessments across fiduciary operations
Identify potential compliance issues and recommend corrective actions
Policy & Regulatory Management
Monitor evolving fiduciary regulations and assess impact on internal policies
Assist in drafting and updating fiduciary policies, procedures, and best practices
Ensure internal processes remain aligned with regulatory expectations and industry standards
Audit & Regulatory Support
Support internal and external audits as well as regulatory examinations
Prepare documentation and respond to auditor and regulatory requests
Track remediation efforts and ensure timely resolution of findings
Training & Education
Provide guidance and training to internal stakeholders on fiduciary responsibilities and compliance requirements
Serve as a resource on fiduciary risk management and regulatory expectations
Risk Identification & Issue Management
Analyze fiduciary risks and collaborate with legal, risk, and operations teams to address issues
Document compliance findings and monitor trends
Support root-cause analysis and process improvements to strengthen controls
Qualifications
Education & Experience
Bachelor’s degree in business, finance, law, or a related field (or equivalent experience)
3–7 years of experience in fiduciary compliance, trust administration, retirement plan compliance, investment compliance, or risk management
Experience within a regulated financial services environment preferred
Preferred Certifications
CTFA (Certified Trust and Fiduciary Advisor)
CRC, CRSP, QKA/QPA, or similar retirement industry certifications
CAMS or other compliance-related credentials
Key Competencies
Strong compliance mindset with understanding of fiduciary regulations and governance frameworks
Ability to interpret regulatory requirements and translate them into practical policies and processes
Credibility with auditors, regulators, and internal stakeholders
Collaborative approach to working across legal, risk, operations, and banking teams
Strong analytical and reporting capabilities with attention to detail
This is an excellent opportunity for a compliance professional who enjoys building processes, strengthening governance frameworks, and helping shape the foundation of a growing trust platform.