Compliance Director (Banking) manages operations to identify and respond to suspicious activity violating current anti-money laundering (AML) regulations as defined in the US Bank Secrecy Act (BSA) or other governmental anti-terrorist financing programs. Implements oversight systems, interdiction software, and audit processes to perform daily transaction monitoring and identify suspicious activity patterns. Being a Compliance Director (Banking) monitors activity and ensures adherence to Know your Customer (KYC) protocols and regulatory requirements for required filings and reporting. Leads investigations of suspicious activity to pursue corrective actions and ensure completion of required filings. Additionally, Compliance Director (Banking) maintains extensive knowledge of financial regulations, risk management best practices, and changing fraudulent trends to develop and implement appropriate compliance procedures. Delivers compliance training with up-to-date regulatory information and procedures to develop and guide well-informed staff. Typically requires a bachelor's degree. May have the Certified Anti Money Laundering Specialist (CAMS) certification. Typically reports to a director. The Compliance Director (Banking) typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Compliance Director (Banking) typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)
It Works! Compliance Specialist
This is a hybrid position requiring 3 days in the Palmetto, Florida office/2-days remote. Candidates must be local or relocate to be considered for this role.
* All applicants must be authorized to work in the US as we currently do not sponsor employment.
RESPONSIBILITIES:
The Compliance Specialist will be responsible for identifying, enforcing, and educating our external sales force (distributors) on our compliance programs and policies and procedures. It will be the job of the compliance specialist to uphold the integrity of the company. Ensures distributors and loyal customers comply with the rules and regulations defined by It Works! for conducting business. Proactively conduct research online and social media platforms. Keeps a positive mind set.
REQUIRED KNOWLEDGE, SKILLS AND ABILITIES:
Fluent in Spanish - written and verbal.
PREFERRED KNOWLEDGE, SKILLS AND ABILITIES:
About It Works!
At IT WORKS!, our mission is to transform lives through a thriving global community with results-driven products and an unmatched business opportunity.
IT WORKS! has a sales force of thousands of Independent Distributors in 16 countries and a passionate Corporate Team located at our global headquarters in Palmetto, Florida. Since 2001, we have offered simple solutions that can be added to any routine, are backed by science, and deliver incredible results through four categories: active lifestyle, gut health, weight loss, and beauty.
IT WORKS! is honored to be one of the fastest-growing private companies on the Inc. 500 list for three consecutive years, as well as No. 27 on the Direct Selling News Global 100—the annual industry ranking produced by Direct Selling Magazine.
The IT WORKS! Way
The "IT WORKS! Way" is to uphold our standard of greatness in everything we do: from creating products that help you meet your wellness goals to offering a community of support while you work your way to the life of your dreams! You're never alone on your journey—at IT WORKS!, we are one.
Clear All
0 Compliance Director (Banking) jobs found in Bradenton, FL area