Compliance Director (Banking) jobs in Lowell, MA

Compliance Director (Banking) manages operations to identify and respond to suspicious activity violating current anti-money laundering (AML) regulations. 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. Understands banking regulations such as the US Bank Secrecy Act (BSA) or other governmental anti-money laundering laws. Typically requires a bachelor's degree. 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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Legal Research Specialist
  • Sovos Compliance
  • Wilmington, MA FULL_TIME
  • Build your future with Sovos.

    If you are looking for an opportunity where career-minded professionals can achieve success while bringing their best and whole selves to work each day, Sovos may be the company you have been looking for. Employees at Sovos operate on the leading edge of digital technology while working to improve lives and the communities in which we live and work. When we say Solve Tax for Good, we mean For Good in every sense of the word. Our organizational commitment is to provide a place where employees can thrive and progress in their careers while having the support behind them that only a global company can offer.

    Sound like this might be the opportunity you have been looking for?

    Take a look at our career posting below. Don’t check all the boxes? Apply anyway! We are focused on hiring the right people, not the “right” resume.

    It’s not about what you have done somewhere else, it’s all about what you are capable of doing here.

    The Work You'll Do:

    The Legal Researcher is primarily responsible to provide substantive research and analysis of transaction tax laws across the globe. As part of the Regulatory Analysis team, you will provide the legal research behind the content in our tax calculation and compliance engines. This position is measured by delivering high quality, detailed tax analysis which is the cornerstone of our products and relied on by our customers.

    Key Position Responsibilities

    More specifically, you will:

    • Proactively and continually monitor legislative and regulatory developments in the field of tax and regulatory reporting, with special emphasis on how such changes may impact Sovos’ systems
    • Establish the impact of legislative and regulatory changes on Sovos’ systems and provide detailed, timely and accurate information regarding those changes to our Product and Development teams in order to include those changes in the Sovos systems
    • Apply multiple research related tools and techniques and be able to convey legal findings using appropriate citations clearly and accurately
    • Explain complex tax rules in clear language for tax and non-tax professionals both internally and externally
    • Develop and foster professional relationships with high-level tax administrators
    • Research and evaluate client inquiries regarding the legal rules contained in our solutions as reflective of applicable state or national law and then provide a clear and detailed reply

    Minimum Position Qualifications

    • Juris Doctor (JD) degree
    • Excellent research, analysis and writing skills are an absolute must
    • Ability to read, interpret and understand tax related postings and documents is critical
    • Attention to detail is a must
    • Enthusiastic about the intersection of technology and tax compliance with an interest in expanding knowledge of Sovos systems as to how tax law is translated to computer code.
    • Additional language skills are a plus
    • Travel may be asked occasionally, related to conferences, trade shows, and Sovos events
    • Due to client contractual obligations– the successful candidate will have to clear a background check and drug test

    What Does Sovos Offer You?

    The tools to enhance your life - because we want you to enjoy your life outside of work

    • Flexible Paid Time off
    • Paid Family and Medical Leave
    • The Future is Flexible Work Model – hybrid/remote options available for most roles
    • Tuition Reimbursement
    • Generous 401k match
    • Globally recognized training and development programs

    Sovos is an equal opportunity employer committed to providing an environment that celebrates diversity and where equal employment opportunities are available to all applicants and employees. We do not discriminate against race, color, religions, national origin, age, sex, marital status, physical or mental disability, veteran status, gender identity, sexual orientation, or any other characteristic provided by law. At Sovos, all employees are encouraged to bring their whole selves to work.

    Company Background

    Sovos was built to solve the complexities of the digital transformation of tax, with complete, connected offerings for tax determination, continuous transaction controls, tax reporting and more. Sovos customers include half the Fortune 500, as well as businesses of every size operating in more than 70 countries. The company’s SaaS products and proprietary Sovos S1 Platform integrate with a wide variety of business applications and government compliance processes. Sovos has employees throughout the Americas and Europe, and is owned by Hg and TA Associates. For more information visit www.sovos.com and follow us on LinkedIn and Twitter.

  • 16 Days Ago

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Director of Infromation Security, Risk and Compliance
  • S&P Global
  • Concord, MA FULL_TIME
  • Job DetailsAbout the Role: Grade Level (for internal use): 13 About the Role: The Team: This is a senior position within the Cyber Risk and Compliance team designed to provide backup and support for t...
  • 8 Days Ago

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Director, Quality Systems & Compliance (Hybrid)
  • Lantheus Brand
  • Billerica, MA FULL_TIME
  • Lantheus is headquartered in Bedford, Massachusetts with offices in New Jersey, Canada, and Sweden. For more than 60 years, Lantheus has been instrumental in pioneering the field of medical imaging an...
  • 18 Days Ago

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Director, Quality Systems and Compliance, Cell Therapy
  • EasyHiring
  • Stow, MA FULL_TIME
  • We are an EasyHiring recruiting company that is looking for candidates for our partners for the position of Director, Quality Systems and Compliance, Cell Therapy in Massachusetts - Groton for work in...
  • 1 Month Ago

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Demand Marketing Manager – SMB & Ecommerce
  • Sovos Compliance Career Center
  • Wilmington, MA FULL_TIME
  • Build your future with Sovos. If you're seeking a career where innovation meets impact, you've come to the right place. As a global leader, Sovos is transforming tax compliance from a business require...
  • 16 Days Ago

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Internal Compliance Manager (GRC)
  • Symbotic
  • Wilmington, MA FULL_TIME
  • Job DetailsWho we are With its A.I.-powered robotic technology platform, Symbotic is changing the way consumer goods move through the supply chain. Intelligent software orchestrates advanced robots in...
  • 3 Days Ago

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0 Compliance Director (Banking) jobs found in Lowell, MA area

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Director, Legal & Compliance
  • X4 Pharmaceuticals
  • Boston, MA
  • If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or...
  • 5/8/2024 12:00:00 AM

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Director, FDAS Compliance
  • Fidelity TalentSource LLC
  • Boston, MA
  • Job Description: The Role As a member of the Fidelity Digital Asset Services, LLC (FDAS) Compliance team, you will serve...
  • 5/7/2024 12:00:00 AM

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Director of Compliance and Lead Internal Auditor
  • Vinfen
  • Cambridge, MA
  • Job Description Schedule: Monday- Friday 9 am - 5 pm(Hybrid work schedule) The Director of Compliance and Lead Internal ...
  • 5/7/2024 12:00:00 AM

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Director of Finance
  • TraceLink, Inc
  • Wilmington, MA
  • Company overview: TraceLink's software solutions and Opus Platform help the pharmaceutical industry digitize their suppl...
  • 5/5/2024 12:00:00 AM

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Director of Compliance and Training
  • Optima Dermatology
  • Portsmouth, NH
  • Multi-site Dermatology Group Seeks Director of Compliance and Training Optima Dermatology is recruiting a Director of Co...
  • 5/4/2024 12:00:00 AM

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Licensing Compliance Analyst
  • First Help Financial
  • Needham, MA
  • First Help Financial (FHF) is a fast growing and culturally diverse company in the U.S. We provide auto loans to the und...
  • 5/4/2024 12:00:00 AM

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Quality Assurance Technician
  • Prime Source Foods
  • Londonderry, NH
  • We are excited to announce that our company, one of the largest independently owned, center-of-the-plate food distributo...
  • 5/4/2024 12:00:00 AM

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Senior Manager/Associate Director, GXP Quality
  • Tango Therapeutics
  • Boston, MA
  • Company Overview Tango Therapeutics is a biotechnology company dedicated to discovering novel drug targets and deliverin...
  • 5/4/2024 12:00:00 AM

Lowell is a city in the U.S. Commonwealth of Massachusetts. Located in Middlesex County, Lowell (along with Cambridge) was a county seat until Massachusetts disbanded county government in 1999. With an estimated population of 109,945 in 2014, it is the fourth-largest city in Massachusetts, and the second-largest in the Boston metropolitan statistical area. The city is also part of a smaller Massachusetts statistical area called Greater Lowell, as well as New England's Merrimack Valley region. Incorporated in 1826 to serve as a mill town, Lowell was named after Francis Cabot Lowell, a local fi...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Compliance Director (Banking) jobs
$125,034 to $179,385
Lowell, Massachusetts area prices
were up 1.6% 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.
December 23, 2019
Compliance Director (Banking) in Johnstown, PA
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.
December 07, 2019
Compliance Director (Banking) in Gulfport, MS
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