Job Description
The Compliance Officer serves as a second line of defense oversight leader responsible for providing independent governance, effective challenge, and compliance risk advisory across Wealth Division products, services, and client-facing activities. This role ensures that first line Wealth business units have appropriately identified, designed, implemented, and sustained compliance controls aligned with regulatory requirements, enterprise risk appetite, and the three lines of defense risk framework. This position operates independently of first line execution and provides credible challenge, regulatory interpretation, risk assessment, issue oversight, and strategic advisory support to Wealth leadership. The incumbent will partner closely with first line business leaders, first line wealth risk and compliance, Enterprise Risk Management (ERM), Operational Risk Management (ORM), Legal, Internal Audit, Technology, and regulators to strengthen the control environment, protect clients, and support safe and sound growth.
Job Responsibilities:
- Provideindependent oversight and effective challengeto first line Wealth risk management activities.
- Assess whether first line compliance controls areadequately designed, implemented, and operating effectively across Wealth lines of business.
- Ensure alignment withenterprise risk appetite, regulatory expectations, and thethree lines of defense model.
- Serve as an independent control functionnot responsible for business execution or operational ownership.
- Interpret and applyfederal and state regulatory requirements(e.g., OCC, SEC, FRB, state regulators, Investment Company Act of 1940, securities laws, fiduciary standards, OCCs RNDIP requirements).
- Provideclear, practical guidanceto first line leaders on compliance risk, control design, and regulatory expectations.
- Advise onnew and changed products, services, processes, marketing, disclosures, and client communications from a risk compliance perspective.
- Translate regulatory complexity into business-relevant, risk-based guidance.
- Lead or support theannual compliance risk assessmentfor Wealth Division.
- Evaluate inherent risk, control effectiveness, and residual risk.
- Maintain oversight of thecompliance obligation inventoryand associated control mapping.
- Define and monitorkey risk indicators (KRIs)and compliance metrics.
- Provide second line oversight ofissue identification, root cause analysis, remediation planning, and sustainability.
- Challenge remediation plans and validate adequacy of corrective actions.
- Strengthenissue self-identification, reduce overdue issues, and improve remediation discipline.
- Oversee regulatory issues, MRAs, audit findings, and compliance matters impacting Wealth.
- Oversee first linemonitoring, QA, and control testing frameworks.
- Review results, identify trends, and escalate systemic risks.
- Conduct targeted second line reviews and surveillance as needed.
- Ensure alignment between compliance monitoring, audit outcomes, and risk assessments.
- Support and participate inregulatory examinations, audits, and inquiries.
- Review first line materials for regulatory readiness.
- Provide independent compliance perspective in supervisory interactions.
- Manage regulatory response coordination for Wealth-related matters.
- Review, and maintaincompliance policies, standards, and guidanceapplicable to Wealth.
- Support training development to strengthenfirst line risk ownership and compliance capability.
- Act as a subject matter expert across Wealth compliance domains.
- Support theRisk Management Strategic Plan, including three lines of defense maturity, compliance built-in mindset, risk ownership in the first line, and integrated risk governance.
- Represent Compliance in enterprise forums, working groups, and committees.
- Support compliance technology initiatives and GRC platform evolution.
Minimum Qualifications:
- Bachelors degree or equivalent experience.
- 5+ yearsexperience in compliance, risk management, audit, or regulatory oversight.
- Strong knowledge ofwealth management, trust, investment, fiduciary, and advisory-related activities.
- Experience insecond line oversight, compliance advisory, or risk governance.
- Ability to provideeffective challenge and independent judgment.
- Strong regulatory interpretation and analytical skills.
- Excellent written and verbal communication.
- Experience interacting with regulators and auditors.
- Experience in anintegrated wealth business(bank subsidiary, trust, RNDIP, , investment advisory) preferred.
- Knowledge ofSEC, r, RIA, fiduciary, and RNDIP regulatory frameworks preferred.
- Experience withcompliance risk assessments and issue management preferred.
- Professional certifications: CRCM, CIA, CFSApreferred.
- Experience withGRC platforms, risk systems, and compliance analytics tools preferred.
Salary Range:
$92,869.00 - $152,569.00
Individual base pay may vary on additional factors such as the candidates experience, job-related skills, relevant education, geographic location, and other specific business and organizational needs.
In addition to base salary, WSFS Financial Corporation (WSFS) and its subsidiaries may offer eligible Associates discretionary and formula-based incentive and retention awards. WSFS provides a competitive benefits package, which includes medical, dental, and vision coverage; a 401(k) plan; life, accident, and disability insurance; flexible spending accounts (FSAs) and health savings accounts (HSAs); and wellness programs. Additional benefits may include paid parental leave, military leave, vacation and other paid time off, sick leave in accordance with applicable state laws, and paid holidays. Benefit offerings are subject to eligibility requirements, legal limitations, and may vary based on an Associates location and employment status. For more information about Associate benefits, please visit
