What are the responsibilities and job description for the Director of Compliance position at Madison-Davis, LLC?
A large retail bank with an AUM of $5.5 billion located in Aurora, IL who is looking to bring on board a “Director Compliance " to join their team. This role is in a hybrid schedule (2-3 days in office).
Responsibilities:
Serves as in-house compliance Subject Matter Expert, by maintaining a strong technical understanding of applicable banking laws, regulations, and regulatory guidance as they apply to banking products, services, and processes.
Develops and manages a centralized team of compliance associates whose primary mission is to ensure that the Bank is closely adhering to all governmental regulations and laws. Assesses qualifications of team to ensure expertise exists in all major compliance categories.
Ensure bank-wide internal controls, policies and procedures are compliant with applicable banking laws and regulations.
Lead, manage and continually evaluate the Compliance Risk Assessment to determine residual risks facing the Bank
