Director of Compliance

PURPOSE OF THE POSITION: The Director of Compliance is responsible for overseeing and managing the compliance programs within the organization. This includes ensuring that the company adheres to legal standards and in-house policies, developing and implementing compliance strategies, and providing guidance on compliance matters to senior management and staff.

REPORTS TO: Chief Compliance and Privacy Officer

I. SPECIFIC RESPONSIBILITIES

 Compliance Program Management

· Develop, implement, and maintain compliance policies and procedures.

· Monitor and ensure compliance with regulatory requirements and internal policies.

· Conduct regular audits and assessments to identify potential compliance risks.

Training and Education

· Design and deliver compliance training programs for employees.

· Provide ongoing education and updates on compliance issues and changes in regulations.

Risk Management

· Identify and assess compliance risks within the organization.

· Develop strategies to mitigate compliance risks and implement corrective actions.

Reporting and Documentation

· Prepare and present compliance reports to senior management and the board of directors.

· Maintain accurate and up-to-date documentation of compliance activities.

Advisory Role

· Serve as a subject matter expert on compliance issues.

· Provide guidance and support to departments on compliance-related matters.

Investigations

· Lead and manage internal investigations related to compliance concerns.

· Ensure proper documentation and resolution of compliance issues.

II. QUALIFICATIONS

Education

· Bachelor's degree in Law, Business Administration, or related field. Advanced degree preferred.

Experience

· Minimum of 10 years of experience in compliance, risk management, or related field.

· Proven track record of managing compliance programs and leading teams.

Skills

· Strong understanding of regulatory requirements and compliance standards.

· Excellent analytical, problem-solving, and decision-making skills.

· Effective communication and interpersonal skills.

· Ability to work independently and as part of a team.

Certifications

· Professional certifications such as Certified Compliance & Ethics Professional (CCEP) or equivalent are preferred

Salary:

Starting salary for this position is 80K