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At FNBO, our employees are the heart of our story-and we're committed to their success! Please see below the details of this career opportunity and how it fits into our organization's success. Our Modern, Flexible Workplace:
We believe in a Modern, Flexible Workplace, and we are continuously exploring advancements in technology and office environments to make it easier to collaborate and connect with customers and coworkers.
It is anticipated that an incumbent in this role will work onsite 100% of the time and will have a dedicated workspace. Work location is subject to change based on business needs.
We are seeking a dynamic and experienced Vice President, Wealth Risk & Operations to lead Risk and Operations for our Wealth Division. The ideal candidate will bring proven experience in Wealth risk and compliance, deep knowledge of the regulatory landscape, operational best practices and a transformative leadership style.
This executive-level position requires a visionary leader who can balance robust risk management with business growth objectives in a highly regulated environment. The successful candidate will transform our approach to wealth operations by designing and implementing an integrated model that increases efficiency, enhances compliance, and improves client experience across the division.
With significant decision-making authority, you will have accountability for risk acceptance, operational transformation, and resource allocation with material financial implications for the division. This role maintains a unique enterprise perspective, regularly representing Wealth in bank-level governance forums while also being deeply embedded in day-to-day divisional operations. Through daily collaboration with Wealth leadership and cross-functional partners, you'll develop the insights needed to anticipate emerging risks, identify process improvement opportunities, and drive strategic change initiatives.
Beyond technical expertise, this role requires exceptional leadership capabilities to build and develop high-performing teams during a period of significant transformation. You will foster a culture that balances operational discipline with innovation, ensuring we meet our fiduciary obligations while delivering exceptional client experiences.
For a strategic leader with wealth management risk expertise and operational transformation experience, this role offers the rare opportunity to shape the future of our Wealth division while gaining significant executive visibility across the enterprise. The position reports directly to the SVP of Banking Risk, Operations and Data and has exposure to Banking leadership.
About This Role: Key Responsibilities Strategic Leadership & Advisory
- Design and implement a centralized risk and operations model across the Wealth division.
- Serve as a strategic advisor to division management and actively participate in business meetings, risk committees, and planning sessions.
- Build trusted relationships with legal, audit, finance, enterprise risk, technology, and front-office leadership.
- Translate division strategy into operational plans and execution.
- Balance short-term operational needs with long-term strategic goals.
- Contributes to enterprise-wide risk and operations strategy development by representing the Wealth division in bank-level forums.
- Anticipates industry and regulatory trends to position the Wealth division for future success.
Risk Governance and Compliance
- Serve as a senior risk officer across the Wealth division, ensuring compliance with all applicable SEC, FINRA, OCC, and state trust regulations.
- Responsible for the ongoing independent oversight of the division, including anticipating, assessing, monitoring and reporting on operational, fiduciary, reputational, business and strategic risks.
- Provide proactive oversight and challenge to operational risk, regulatory compliance, and control effectiveness.
- Oversee testing, monitoring, risk assessments, and mitigation plans.
- Evaluate existing processes and direct activities to address control gaps using deep knowledge of common risks.
- Makes independent decisions regarding risk acceptance within established governance frameworks for wealth.
- Serves as the final approval authority for significant operational process changes within risk parameters.
Operational Excellence and Transformation
- Drive operational transformation through process redesign, automation, role clarification, technology enhancement and clear accountabilities.
- Lead efforts to modernize operations using automation, digital tools, and best-in-class platforms.
- Manage operational metrics such as billing accuracy, workflow cycle times, trade processing, and vendor performance.
- Ensure processes are appropriately designed to ensure compliance with policy, procedures and regulatory requirements.
- Manage operating budget, people, process design and technology to optimize results in the current operations.
- Accountable for risk-related financial performance including loss prevention/mitigation and operational efficiency targets.
- Makes resource allocation decisions with significant financial implications for the Wealth division.
Stakeholder Management and Reporting
- Coordinate internal audits, regulatory exams, and investigations in partnership with Corporate Compliance.
- Measure success through data-driven KPIs.
- Work closely with senior leaders to provide guidance on day-to-day processes and strategic initiatives to avoid compliance and reputational issues.
- Advise and assist the business with preventing violations which could harm investors.
- Represents the Wealth division in enterprise-level governance committees and external industry forums.
Talent and Culture Development
- Foster a culture of collaboration, accountability, and continuous improvement.
- Demonstrates assertiveness and courage by challenging business decisions when risk considerations warrant intervention.
- Drives creative and innovative approaches to addressing complex risk and operational challenges.
- Leads transformational change initiatives that impact the entire Wealth division.
- Lead, align, and enable teams to deliver a continuous improvement mindset within a complex and dynamic risk environment. Simplify and automate risk management activities, continuous improvement on overall speed to market for risk management activities and decisions.
- Build and develop a high-performing risk and operations team through effective hiring, coaching and performance management.
- Facilitate cross-functional collaboration and knowledge sharing to break down silos.
The Ideal Candidate for This Role: Qualifications Education & Experience
- Bachelor's degree required; advanced degree (MBA/JD) or industry certifications (e.g., CFA, CCO, CAMS, CFIRS, CRCP, CTFA, IAACP, Series 7/24) strongly preferred.
- 10+ years of experience in financial services with progressive leadership in risk and operations roles across wealth management (prefer experience with OCC, SEC, FINRA, trust, RIA, broker-dealer, capital markets).
- Proven experience leading transformations and integrating siloed operations.
- Proven track record of developing and implementing successful operational strategies that drive efficiency and enhance client service.
Technical & Leadership Competencies
- Deep understanding of financial regulations and fiduciary obligations across trust and investment businesses.
- Track record of designing and executing successful operational strategies in complex or underperforming environments.
- Exceptional analytical, communication, and leadership skills; ability to influence across all levels of the organization.
- Skilled in operational risk identification, internal controls, scenario analysis, and root cause remediation.
- Excellent and demonstrable communication, written, and presentation skills are required
- Excellent analytical and problem-solving abilities, with a focus on data-driven decision-making
- Understand and comply with bank policy, laws, and FINRA / SEC regulations, and the bank's BSA/AML Program, as applicable to your job duties.
Why Join Us This is a rare opportunity to architect a new operating model and build a best-in-class team that will set the standard for risk and operational excellence within wealth management. You will play a pivotal role in our mission to deliver scalable, secure, and client-centered services while empowering our people to thrive. Salary Range *$170,000-$260,000 Compensation and Benefits Overview: We offer a variety of benefits designed to keep you and your family physically and financially healthy. Not only do we offer a competitive salary and work-life balance, we offer benefits to match your needs:
Medical, Dental, Vision Insurance 401k, With Matching Contributions Time Off Programs Health Savings Account (HSA)/Dependent Care Employee Banking Growth Opportunities Tuition Assistance Short-Term/Long-Term Disability Insurance
Learn more about FNBO benefits here: https://www.fnbo.com/careers/benefits/. To obtain compensation and benefit information related to this specific role, e-mail FNBO at TAGAdmin@fnni.com. To ensure you receive a response, include the number of this job (listed below) in the subject line of your message.
Job number: R-20250728
Equal Opportunity & Belonging: FNBO believes that the quality of our employee experience is at the heart of our customer experience. One key pillar of our intended employee experience is Belonging. Belonging means we are committed to fostering a workplace culture where employees of all backgrounds feel valued, recognized, and empowered to be their authentic selves-no matter their role or where they are in their journey. Learn more here. FNBO is an equal opportunity employer for all employees and applicants and makes employment decisions without regard to status or identity. Click here to download 'EEO is The Law' Self-Print Poster Click here to download 'EEO is The Law' Supplement for Federal Contractors Click here to download 'EEO is The Law' GINA Supplement FNBO is an Equal Opportunity/Affirmative Action/Veterans/Disability Employer - Member FDIC FNBO follows federal law regarding the use of marijuana (this applies to all non-California applicants) Application Deadline: All our jobs will be posted for a minimum of 5 calendar days. Job postings may come down prior to 5 calendar days based on volume of applicants.
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First National Bank of Omaha
vision insurance, tuition assistance, 401(k)
Jun 18, 2025