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Cambridge Trust - A Division of Eastern Bank is hiring a - Compliance Administrator Business Enablement Hiring Range: $22.74 - $36.55 The posted salary range reflects Eastern’s expected hiring range. Actual pay may vary …
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The role serves as the designated Compliance Administrator for Private Banking, managing the first-line compliance framework and regulatory deliverables. Key duties include coordinating audit responses, developing procedures, and conducting compliance self-testing to ensure stable business growth.
Requires a high school diploma and at least 3 years of experience in banking, compliance, risk, or audit. A bachelor's degree in business, finance, or a related field is preferred along with proficiency in Microsoft Office.
Cambridge Trust - A Division of Eastern Bank is hiring a - Compliance Administrator Business Enablement
Hiring Range: $22.74 - $36.55
The posted salary range reflects Eastern’s expected hiring range. Actual pay may vary based on experience, skills, and market factors; additional compensation may apply. Eastern offers a robust benefits and retirement package. Please see the description of benefits included with this job posting for additional information.
The Private Banking Compliance Specialist supports the buildout and ongoing execution of Private Banking’s first-line compliance framework. The role exists to help ensure Private Banking can support growth, new initiatives, specialized client needs, and day-to-day business activity. This position serves as Private Banking’s designated Compliance Administrator under the Bank’s Compliance Program and acts as a primary first-line compliance resource for the division. Key responsibilities include compliance support for business initiatives, procedure development, compliance program administration, regulatory question coordination, self-testing, training follow-up, regulatory change support, SOX and business continuity coordination, audit and examination support, issue tracking, and corrective action follow-up. The role partners with Private Banking leadership and internal stakeholders, including Compliance, Legal, Risk, Internal Audit, Product, Marketing, and other key stakeholders to coordinate compliance deliverables, document decisions, escalate issues, and support timely completion of required actions.
Serves as Private Banking’s designated Compliance Administrator and support execution of the division’s assigned responsibilities under the Bank’s Compliance Program. This includes leading Compliance focused projects, coordinating Compliance Program deliverables, annual reviews, regulatory risk rating reassessments, attending Compliance Administrator meetings, training completion tracking, and communication of relevant compliance updates. This work helps ensure Private Banking meets first-line compliance expectations, maintains a repeatable compliance operating structure while enabling stable and consistent growth of deposits and client base.
Coordinate Private Banking responses to audit, examination, compliance, SOX, BCM, and risk related document requests and other review activities as applicable. This includes organizing evidence, supporting management response documentation, tracking remediation plans, following up with responsible parties, and preparing status updates for Private Banking leadership. This work helps ensure review requests, findings, and corrective actions are addressed timely and with appropriate documentation.
REQUIREMENTS: (Describe the typical minimum requirements to perform the job.)
Education and Experience
Skills/Knowledge :
Founded in 1818, Boston-based Eastern Bank is Greater Boston’s leading local bank and the largest bank-owned independent investment advisor in Massachusetts with approximately 110 locations serving communities in eastern Massachusetts, southern and coastal New Hampshire, Rhode Island and Connecticut. Eastern provides a full range of banking and wealth management solutions for consumers and businesses of all sizes including through its Cambridge Trust Wealth Management and Private Banking divisions, and takes pride in its outspoken advocacy and community support that includes more than $240 million in charitable giving since 1994. An inclusive company, Eastern is comprised of deeply committed professionals who value relationships with their customers, colleagues and communities. Member FDIC, Equal Housing Lender Investments are not FDIC Insured • May Lose Value • Not Bank Guaranteed • Not a Deposit • Not Insured By Any Government Agency
Offices: 125 High St, Boston, Massachusetts 02110, US
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