Job Details

Trust Compliance/Legal Officer

Location: Oklahoma City, OK

Onsite Position at BancFirst Tower, Downtown Oklahoma: 100 N. Broadway, Oklahoma City 73102

Schedule: Full Time, Monday - Friday

Essential Duties and Responsibilities

• Maintain and monitor the trust compliance program to ensure adherence to regulatory requirements and internal policies for trust and investment management accounts.
• Collaborate with Trust business-line units to interpret and execute various regulatory and compliance projects, including trust compliance programs and internal policies.
• Monitor account administration, investment, and operational compliance across corporate trust, personal trust, retirement services, and investment management.
• Coordinate, monitor, and report on federal and state regulatory examinations and internal/external audits.
• Serve as liaison with BancFirst Internal Audit Group on trust-related audit matters.
• Prepare quarterly and annual FFIEC Call Reports (Schedule RC-T) and trust collateral reports for the Oklahoma State Banking Department.
• Ensure compliance with USA Patriot Act and Bank Secrecy Act for trust and investment accounts.
• Compile and prepare the annual Fiduciary Risk Management Report for the Executive Committee.
• Monitor daily overdraft and large balance reports, quarterly securities transaction reports, and serve on various Trust Committees.
• Provide legal review of governing agreements and documents for new and existing accounts, vendors, and service providers.
• This position reports to the Operations and Compliance Manager of the Trust and Investment Management Division.

Requirements

• Three to five years of experience in trust administration, investments, trust audit, operations, or related fields such as law practice.
• Deep knowledge of trust administration, applicable laws, rules, and regulations, and familiarity with trust and investment management activities.
• Excellent oral and written communication skills.
• Proficiency in personal computing, including word processing and spreadsheet applications.
• Bachelor's degree in business, finance, accounting, economics, law, or more than 7 years of relevant experience.

Preferred Skills and Qualifications

Juris Doctorate (JD) is preferred but not required.

Physical Requirements

• Constant use of computer screens.
• Ability to operate a computer keyboard, handle, reach, talk, see, and hear.
• Intermittent standing, stooping, bending, walking, kneeling, or crouching.
• Sitting or standing for long periods.
• Long periods of typing and repetitive motion.
• Ability to lift up to 5 pounds.

Additional Information

BancFirst is committed to serving Oklahoma communities, offering a range of personal and commercial banking services. We provide excellent benefits and a supportive learning environment. BancFirst is an Equal Opportunity Employer and values diversity, believing that our differences enhance business performance.