What are the responsibilities and job description for the Director of Compliance position at Veritas Partners?
Our client, a bank in Malvern, PA, is currently seeking a Compliance Director to lead the development, implementation, and oversight of the organization’s compliance governance framework.
Responsibilities
- Implement a compliance governance structure that aligns with the organization’s objectives
- Meet current regulatory standards, including AML, OFAC, and sanctions-related guidelines
- Deliver compliance reports to the board and senior management
- Lead ongoing risk assessments
- Manage a small team of compliance professionals
- Oversee training and onboarding program
- Work closely with other internal departments
Qualifications
- Bachelor's degree is required
- Master's degree and/or Juris Doctorate preferred
- CAMS, CRCM and/or CFE desired
- Minimum of eight years of banking compliance experience
- Experience working with AML, OFAC, and sanctions regulations
- Experience working with customer due diligence (CDD) and enhanced due diligence (EDD) processes
- Experience managing others
Salary : $140,000 - $175,000
