Compliance Director (Banking) jobs in Chicago, IL

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)

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Executive Director - Accreditation & Compliance
  • Accreditation & Compliance - CCC Careers
  • Chicago, IL FULL_TIME
  • EXECUTIVE DIRECTOR - ACCREDITATION & COMPLIANCE

    MALCOLM X COLLEGE

     

    Malcolm X College is seeking an Executive Director of Accreditation & Compliance. This position is responsible for ensuring compliance with each accrediting agency and directing the implementation of necessary changes to maintain accreditation. The Director of Accreditation and Compliance will also provide leadership to the college in the development, production, delivery and continuing evaluation of the accreditation model.

    The Office of Accreditation and Compliance (OAC) serves as a resource on regional and specialized regulatory and accreditation matters for all Malcolm X College (MXC) academic programs.

    The mission of Malcolm X College is to provide accessible liberal arts and health-focused education that fosters personal and professional achievement. To fulfill this mission, we focus on the following core values: accountability, community, diversity, empowerment, learning, and respect.

    ESSENTIAL DUTIES:

    • Directs and manages college and program accreditation activities, ensuring compliance with policies, procedures, standards and processes as outlined in the college accreditation model and in the various program accreditation standards.
    • Provides directives to Program Directors to ensure adherence to program standards.
    • Provides accreditation and compliance guidance and directive on creating and implementing standards of accreditation to meet accreditation criteria.
    • Enforces the standards of the accrediting bodies by ensuring that various program directors oversee, lead and maintain continuous compliance with program accreditation standards.
    • Directs and leads the development and execution of the college and program accreditation business model.
    • Serves as a subject matter expert for the college regarding various accrediting agency standards, federal and regulatory standards and licensures. Recommends and ensures the implementation of programmatic and curricular changes mandated by the accrediting bodies to ensure the department and faculty are in compliance with accreditation standards.
    • Implements faculty development initiatives to comply with program accreditation requirements.
    • Provides recommendations for necessary actions if accreditation is compromised.
    • Attends conferences, professional meetings, workshops, training on self-study, and classes required to maintain or enhance competencies needed for professional development. Effectively shares best practices and lessons learned.
    • Performs other duties as assigned.

     

    QUALIFICATIONS:

    • Master’s Degree in Business Administration, Health Care, Health Administration, Public Health, Nursing or related field supplemented with five years of experience in administration of medical or health science programs. Clinical experience is a plus.
    • Minimum of four years of experience in accreditation, compliance, regulatory compliance, quality assurance, certifications and/or licensing in an academic or applicable healthcare setting strongly preferred. Two years of experience or more in an acute care setting preferred.
    • Previous experience in Joint Commission accreditation and certification process preferred.
    • Knowledge of multiple accreditation standards, guidelines and timelines. Ability to ensure that each program remain on track for meeting such objectives.
    • Ability to manage multiple projects in order to meet objectives.
    • Must possess excellent written and verbal communication skills.
    • A broad knowledge of community colleges and other educational institutions is preferred.
    • Must be self-directed and innovative, able to assess current operations in an effort to improve the future goals of the District. Must be able to meet deadlines in a timely manner.

     

    Malcolm X College is a Promising Places to Work in Community Colleges award winner! The award is given by the National Institute for Staff and Organizational Development (NISOD), a membership organization committed to promoting and celebrating excellence in teaching and leadership at community and technical colleges, and Diverse: Issues in Higher Education, a leading academic publication.   

    MXC was recognized for its best-in-class student and staff recruitment and retention practices, inclusive learning and working environments, and meaningful community service and engagement opportunities. 

    WE OFFER: Excellent health benefits at a low cost; Investment plans 403(b) & 457(b); SURS Retirement Plan; Generous vacation, holidays, personal and sick days; Tuition Reimbursement and Public Service Loan Forgiveness. For a more detailed overview of benefits please visit our benefits page. 

     

    Chicago residency is required for all full-time employees within 6 months of hire.   

    We are an equal opportunity and affirmative action employer.   

    Thank you for your interest in City Colleges of Chicago! 

    Additional Information
  • 22 Days Ago

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Director, Compliance
  • Carrum Health
  • Chicago, IL FULL_TIME
  • At Carrum, we live and breathe the mission of transforming the healthcare system to create an unmatched experience for patients. If you are passionate about changing healthcare and want to finally get...
  • 7 Days Ago

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Senior Director - Juris Banking
  • Western Alliance Bancorporation
  • Chicago, IL FULL_TIME
  • Job Title:Senior Director - Juris BankingLocation:IL - Chicago, LPOWhat you'll do:Join one of the best performing banking groups in the US and bring your passion for expanding a regional product offer...
  • Just Posted

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Senior Director - Juris Banking
  • Western Alliance Bank
  • Chicago, IL FULL_TIME
  • Job Title: Senior Director - Juris Banking Location: IL - Chicago, LPO What you'll do: Join one of the best performing banking groups in the US and bring your passion for expanding a regional product ...
  • 1 Month Ago

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SVP Director of Retail Banking
  • Lakeside Bank
  • Elmhurst, IL FULL_TIME
  • SVP Director of Retail Banking SUMMARY Serves in the Senior leadership capacity for Retail Banking management team. Provides tactical and operational leadership for the Retail Branch Network. Contribu...
  • 1 Month Ago

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Executive Director - Sector Banking Officer
  • NYBR Cooperatieve Rabobank U.A., New York Branch
  • Chicago, IL FULL_TIME
  • Job Title Executive Director - Sector Banking Officer Job Description Working in Rabobank's Corporate Finance team is an exciting opportunity to be part of a growing team with a premier Food and Agric...
  • 1 Month Ago

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0 Compliance Director (Banking) jobs found in Chicago, IL area

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Director of Compliance
  • Coinflow Labs
  • Chicago, IL
  • Coinflow, a Chicago-based fintech startup, is poised to disrupt the payment solutions industry by accelerating money mov...
  • 4/24/2024 12:00:00 AM

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Regulatory and Compliance Legal Associate
  • Robert Half
  • Chicago, IL
  • Compliance and Regulatory Legal Associate needed for a growing private equity company that manages over $30B in capital....
  • 4/24/2024 12:00:00 AM

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Associate Director of Center-Based Program Quality and Operations
  • Gads Hill Center
  • Chicago, IL
  • Job Description Job Description The Associate Director of Center-Based Program Quality and Operations provides programma...
  • 4/24/2024 12:00:00 AM

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Internal Revenue Agent / Senior Revenue Agent (Examiner)-12 Month Roster AMENDED
  • Department Of The Treasury
  • Chicago, IL
  • Duties WHAT IS THE LARGE BUSINESS AND INTERNATIONAL DIVISION? A description of the business units can be found at: https...
  • 4/24/2024 12:00:00 AM

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Internal Revenue Agent (12 Month Roster)
  • Department Of The Treasury
  • Chicago, IL
  • Duties WHAT IS THE LBI - Large Business and InternationalDIVISION? A description of the business units can be found at: ...
  • 4/24/2024 12:00:00 AM

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Talent Risk and Relations Director- Remote Eligible
  • Rsm Us Llp
  • Chicago, IL
  • Talent Risk and Relations Director- Remote Eligible page is loaded Talent Risk and Relations Director- Remote Eligible A...
  • 4/23/2024 12:00:00 AM

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Director of Compliance
  • Coinflow Labs
  • Chicago, IL
  • Coinflow, a Chicago-based fintech startup, is poised to disrupt the payment solutions industry by accelerating money mov...
  • 4/22/2024 12:00:00 AM

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Internal Revenue Agent (Senior Revenue Agent (Examiner) -12 MONTH ROSTER
  • Department Of The Treasury
  • Chicago, IL
  • Duties WHAT IS THE SBSE - SMALL BUSINESS SELF EMPLOYED DIVISION? A description of the business units can be found at: ht...
  • 4/22/2024 12:00:00 AM

Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Compliance Director (Banking) jobs
$119,922 to $172,049
Chicago, Illinois area prices
were up 0.8% from a year ago

Compliance Director (Banking) in Lake Charles, LA
Finally, another benefit of obtaining a compliance officer certification is that regulatory compliance certifications can be utilized for career advancement.  Certifications are often a requirement for certain job postings, help to bring in a higher salary, and put a candidate above the competition.
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Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Banking CIO Outlook.
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That turnover is largely a function of the way the role has evolved within the changing regulatory environment, said Cynthia Dow, a Russell Reynolds consultant who leads its legal, regulatory and compliance officers practice.
January 20, 2020