Who We are:

Cornerstone Private Asset Trust Company, LLC, is a boutique trust company that helps businesses and individuals implement estate planning goals and transition wealth from one generation to the next. We provide services above and beyond those of a traditional trust company by focusing on the individual nature of each client and their long-term goals. With offices in Sioux Falls, SD and Bloomington, MN, Cornerstone provides unique tax advantages to its clients as well as a wide variety of specialized trust services, including trusts under wills as well as dynasty, charitable, revocable living wills.

Primary Purpose:

This role will act as Compliance Officer for Cornerstone. This role requires ability to manage process as well as efficiently translate strategic vision into actionable tasks. This person is the AML/BSL expert internally and creates proactive compliance policy and procedure to mitigate risk. This position is hybrid with some in office expectation as well as opportunity to work remotely.

Responsibilities Include but are not Limited to:

Oversees all aspects of Cornerstone’s compliance program
Manages, implements and owns all compliance solutions including updates and employee training; research and recommend changes when necessary. Additionally provides annual training to staff and board of governors relating to compliance
Manage new initiatives and efficiency projects
Responsible for compliance and due diligence including monthly, quarterly and annual process and creating internal audit program
Has the role of AML/BSL Compliance Officer
BSA/AML institutional risk assessment
Internal controls to ensure timely compliance with regulatory changes
Policy and procedure enhancement
Continuity of the BSA/AML function by inclusion in succession planning
Independent testing of the BSA/AML function
Complete annual BSA/AML training by the Board
Training on company-specific policies, procedures and examination findings
Timely address all external testing requirements from CLA
Customer Due Diligence
SAR Program
Quarterly and annual reporting for SDDB
Prepare and participate in annual audits
Responsible for continuous improvement including constantly analyzing existing processes and optimizing for accuracy and efficiency
Independently identify priorities and opportunities for interdepartmental improvements
Ability to analyze data to help drive decision making

Preferred Qualifications and Skills:

AML/BSA expertise required
Expertise in trust compliance required
Demonstrated ability to provide quality and proactive solutions to the business
Desire to proactively ask for and take feedback on performance and ability to implement changes as necessary
Willingness to promote to a small office environment which can, at times, include contributing in ways that may not directly corelate to the candidate’s skill set or job description
Excellent organizational and interpersonal skills
Creative problem-solving ability
Ability to exercise professional and technical discretion on matters of significance
Demonstrated ability to manage multiple tasks simultaneously and problem solve
Strong written and communication skills
Meticulous follow-up skills
Excellent verbal and written communication skills.
Exceptional attention to detail
Time management skills with a proven ability to meet deadlines
Analytical and problem-solving skills
Strong process leadership skills
Ability to prioritize tasks and to delegate them when appropriate
Ability to function well in a high-paced and at times stressful environment
Proficient with Microsoft Office Suite or related software

Education and Experience:

Bachelor’s degree preferred
At least 3 years trust compliance experience required

Who Should Apply:

If you like the idea of working in a small team environment
If you have a passion for compliance
If you are driven, detail oriented, and have fresh ideas and enthusiasm at work
If you enjoy a challenge and are open to building a department, process and procedures

What You'll Love About Us:

Make an Impact. We care about your individuality by giving you freedom to grow and create within the company, regardless of your position.
Rest and Relaxation. 18 days paid time off, 8 paid holidays,
Health Benefits. Medical with HSA and FSA options, dental, and vision.
Prepare for the Future. 401(k) with a generous company contribution, access to a personal financial planner, and both legal and life insurance.
Give back. Get paid to give your time to the community: ask us about this!
Educational Benefits. Whether you are studying for your industry certifications, or currently enrolled in higher education, we can help cover some of those expenses.
Flexible Work Models. In-office, work-from-home, or hybrid, depending on position and location.

Not sure if you qualify? Think about applying anyway:

We understand that not everyone brings 100% of the skills and experience for the role. At Cornerstone we are focused on building a diverse and inclusive workforce and offer opportunities to those with a variety of workplace experiences and backgrounds. Whether you are looking to grow your skills, returning to work after a gap in employment or looking to take the next step in your career, we are excited to learn more about you and encourage you to apply!

Cornerstone is proud to be an equal opportunity employer. We realize the key to creating a company with a strong culture and employee experience comes from who we hire and creating a workplace that celebrates everyone. It is our policy to extend equal opportunity in employment to all individuals without discrimination on the basis of race, color, religion, age, sex, national origin, disability, military service, protected veteran status, genetic information, sexual orientation, gender identity, or any other characteristic protected by federal, state or local law.

Pay: $75,000.00 - $85,000.00 per year

Benefits:

401(k)
401(k) matching
Dental insurance
Flexible schedule
Flexible spending account
Health insurance
Health savings account
Life insurance
Paid time off
Parental leave
Professional development assistance
Referral program
Relocation assistance
Retirement plan
Vision insurance

Work Location: In person

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