Job Description
We are seeking an experienced Director of Compliance & Trust Administration to oversee all aspects of regulatory compliance, trust operations, and risk management. This role requires deep expertise in trust administration, financial regulatory compliance, and leadership. The Director will serve as a key advisor to senior management, ensuring compliance with all applicable federal and state laws, including the Bank Secrecy Act (BSA) and anti-money laundering regulations. This individual will also provide mentorship to the trust administration team, act as liaison to governance committees, and manage oversight of compliance reviews, risk assessments, and reporting.
What’s in it for you
- Compensation: $175,000 – $200,000 DOE
- Location: Salem, NH offering onsite/hybrid options
- Discretionary 5% profit sharing
- 4 weeks’ vacation + 2 weeks sick time + 2 personal days + 10-12 federal holidays
- Medical/Dental/Vision Insurance/FSA/LSA
Key Responsibilities
- Lead all compliance programs (BSA, AML, OFAC, Patriot Act, Customer Identification)
- Develop and update policies, procedures, and risk assessments
- Monitor transactions, investigate suspicious activity, and file SARs as required
- Provide legal and compliance guidance to leadership and committees
- Mentor and oversee trust administrators; ensure accounts meet fiduciary and regulatory standards
- Oversee annual account and investment reviews
- Prepare compliance reports for senior management and regulators
- Design and deliver compliance training programs
- Act as liaison to internal committees, including preparing agendas and minutes
- Serve as signing authority for discretionary payments and approvals
Qualifications
- Must hold a Juris Doctor (JD) or Certified Trust and Fiduciary Advisor (CTFA) designation
- 10+ years of experience in trust administration and financial regulatory compliance, with proven leadership/managerial experience
- Strong knowledge of BSA, AML, OFAC, and related financial laws/regulations
- Demonstrated ability to mentor teams and manage compliance programs
- Excellent analytical, communication, and problem-solving skills
- Ability to commute to Boston office as needed (estimated 1–2x quarterly)
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