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)
Position: Director of Quality, Compliance and Operations
Job #: 1070
Location: Homecare
Status: Full-time
FTE: 1.0
Hours: 40 per week
Shift: Days
Generous PTO and benefit packages available! Additional perks include 401(k) with company match, referral bonuses, tuition and mileage reimbursement, free onsite parking and more!
Full job description: Director of Quality, Compliance and Operations
Reminder: To be considered for a position, applicants must apply online or apply in person at 1696 Greenview Drive SW - Rochester, MN 55902.
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