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)
JOB TITLE: DIVISION: REPORTS TO:
Director of Compliance Shared Services Chief Compliance Officer
COMPANY:
We are people who care about people. Our company has a unique history and was founded by two grandchildren of a former Department of Energy worker. Their love and determination for their grandfather to have the best quality care for the best quality of life is what drives our company to provide care for the energy worker population.
POSITION SUMMARY:
The Director of Compliance is responsible for ensuring that the organization adheres to all relevant laws, regulations, and ethical standards in the provision of home health care services. This role involves developing, implementing, and overseeing compliance policies, procedures, and programs, as well as educating staff on compliance matters. The Director of Compliance will collaborate closely with various departments to identify and mitigate compliance risks while promoting a culture of ethical behavior and accountability.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
OTHER DUTIES AND RESPONSIBILITIES:
This position may require traveling between locations in your personal vehicle.
SUPERVISORY RESPONSIBILITY:
This position has no supervisory responsibilities.
PREFERRED QUALIFICATIONS:
WORK ENVIRONMENT and PHYSICAL REQUIREMENTS:
0 Compliance Director (Banking) jobs found in Provo, UT area