Head of Wealth Management Risk & Compliance; Hybrid - See Listed Locations

Hybrid Position:
Head Of Wealth Management Risk & Compliance

The Head of Wealth Management Risk & Compliance is responsible for designing, leading, and continuously strengthening a comprehensive, business-integrated risk and compliance program across Wilmington Trust's comprehensive Wealth Management activities, including investment advisory, financial planning, private banking (deposits & lending), insurance and trust/fiduciary services. This role serves as a senior leader and trusted advisor to executive management and the business, balancing regulatory expectations across multiple regimes while enabling responsible growth and strong client outcomes.

The role establishes enterprise-aligned governance, provides independent challenge to front-line risk-taking, and promotes a strong culture of ethics, integrity, and client-first conduct.

• Define and execute the Wealth Management risk and compliance strategy, aligned with enterprise risk appetite and regulatory expectations.
• Foster a strong tone-from-the-top and culture of compliance, ethical behavior, and prudent risk-taking across Wilmington Trust's Wealth Management businesses.
• Serve as a senior advisor to business leadership, providing credible challenge and practical guidance on regulatory and risk matters.
• Actively participate in governance forums (e.g., Product Approval, Fiduciary, and other risk committees), ensuring timely, well-documented, and risk-based decision-making.

• Oversee compliance with applicable regulatory regimes, including OCC, Federal Reserve, FDIC, relevant state regulators, and the SEC across advisory, planning, fiduciary, and banking activities.
• Maintain comprehensive oversight of requirements under the Investment Advisers Act of 1940, Investment Company Act of 1940, Securities Acts of 1933 and 1934, Reg BI, OCC Regulation 9, AML/BSA & OFAC, privacy (GLBA), marketing/advertising, recordkeeping, and books and records.

• Lead execution of periodic risk assessments to identify gaps, emerging risks, and areas of heightened exposure.
• Oversee monitoring, testing, and surveillance programs, ensuring sound methodology, appropriate coverage, and effective issue identification.
• Provide independent challenge to front-line activities in alignment with Heightened Standards and enhanced prudential expectations, as applicable.
• Prioritize compliance and risk activities based on risk severity, regulatory focus, and business impact.

• Oversee the end-to-end issues management lifecycle, including identification, root cause analysis, risk rating, corrective action plans, validation, and sustainability testing.
• Lead and assist in coordinating regulatory exams, supervisory interactions, and internal and external audits; ensure high-quality responses, timely remediation, and transparent escalation of material issues.
• Provide concise, decision-ready reporting to senior management, Boards, and Board Committees on compliance and risk matters.

• Provide subject-matter leadership on fiduciary risk, including duty of care and loyalty, conflicts management, suitability, best interest obligations, and fee and expense oversight.
• Ensure client disclosures and communications are accurate, clear, and aligned with regulatory expectations.

• Establish and deliver role-based and topic-specific compliance training for advisors, relationship managers, product teams, and operations.
• Partner with First Line Risk Management, Technology and Data teams to enhance surveillance tools, control automation, dashboards, and management information (KRIs/KPIs).
• Leverage data and insights to drive proactive risk identification, remediation, and continuous improvement.

• Build, lead, and retain a high-performing, multidisciplinary risk and compliance organization.
• Set clear goals, performance expectations, and development paths; establish succession planning for key roles.
• Promote collaboration across Compliance, First Line Risk, Legal, Audit, and business…