Trust Compliance/Legal Officer

Company: BancFirst
Location: Oklahoma City
Posted on: May 4, 2025

Job Description:

Onsite Position

If you are interested in applying for this job, please make sure you meet the following requirements as listed below.

BancFirst Tower

Downtown Oklahoma: 100 N. Broadway, Oklahoma City 73102

Full Time: M-F





ESSENTIAL DUTIES AND RESPONSIBILITIES

Maintain and monitor the "trust compliance program" for compliance with regulatory requirements and internal policies for trust and investment management accounts.



Work with Trust business-line units to interpret and execute various regulatory and compliance issues / projects, including

Trust compliance program
Internal policies and procedures for trust and investment management accounts.



Monitor account administration, investment, and operational compliance for:

Corporate trust
Personal trust
Retirement services
Investment management



Responsible for the coordination, monitoring, and follow-up reporting on:

Federal and State regulatory examinations,
Internal and external audits.



Serve as a liaison with the BancFirst Internal Audit Group for trust-related audit matters.



Prepare quarterly and annual FFIEC - Call Reports - Schedule RC-T - Fiduciary and Related Services Reports.



Prepare and monitor "trust collateral reports" for Oklahoma State Banking Department.



Monitor USA Patriot Act and Bank Secrecy Act compliance for trust and investment management accounts.



Compile and prepare annual "Fiduciary Risk Management Report" for the BancFirst Executive Committee.



Monitor daily overdraft and large balance reports.



Regular and consistent attendance is an essential function of this position.



Monitor "quarterly securities transaction reports" (FRB Reg. H, FDIC Rules & Regulations - Part 344, and OCC 12 CFR 12) for compliance.



Serve on various Trust Committees

Internal Trust Committee
Administrative and Investment Review Committees



Provide legal review of governing agreements and documents for new and existing accounts, vendors, and service providers.



This position will report to the Operations and Compliance Manager of the Trust and Investment Management Division



REQUIREMENTS



Three to five years experience in the trust administration, investments, trust audit, and/or operations, or related experience (i.e. law practice).



In-depth knowledge of trust administration and applicable laws, rules, and regulations. Knowledge of trust and investment management activities, products, and services.

Excellent oral and written communications skills



Excellent personal computing skills including word processing and spreadsheet applications.



Minimum of a Bachelors degree in business, finance, accounting, economics, law, or more than 7 years of relevant experience.



PREFERRED SKILLS AND QUALIFICATIONS



Juris Doctorate (JD) preferred, but not required





PHYSICAL REQUIREMENTS



Constant use of computer screens



Ability to operate a computer keyboard, use hand to finger, handle or feel, reach with hands and arms, and talk, see or hear



Intermittently standing, stooping, bending at the waist, walking, kneeling or crouching



Ability to sit and/or stand for long periods of time during the workday


Long periods of typing and repetitive motion



Ability to lift and/or move and carry up to 5 pounds





Hometown service, statewide strength. BancFirst is committed to investing in the future of Oklahoma communities. BancFirst is a $14 billion bank offering personal and commercial products, trust, insurance, and investment services in sixty Oklahoma communities. Employees enjoy excellent benefits and a learning environment that allows them to continuously improve their skills to deliver highly personalized service to customers.
EOE - BancFirst is an Equal Opportunity employer.



Diversity---Our differences enhance business performance.

Keywords: BancFirst, Moore , Trust Compliance/Legal Officer, Accounting, Auditing , Oklahoma City, Oklahoma