Job Description
We are seeking an experienced and highly skilled Director of Compliance to join our client's team. The ideal candidate will have a strong background in Trust Administration, hold a Certified Trust and Financial Advisor (CTFA) designation, and possess a Juris Doctor (JD) degree. This role is critical in ensuring our organization maintains the highest standards of compliance with all relevant laws, regulations, and internal policies.
Responsibilities
- Develop, implement, and oversee a comprehensive compliance program that addresses all aspects of our organization's operations, with a particular focus on trust administration and financial services.
- Stay abreast of changes in laws and regulations affecting the trust and financial services industry, and ensure the organization's policies and procedures are updated accordingly.
- Conduct regular risk assessments to identify potential compliance issues and develop strategies to mitigate these risks.
- Create, review, and update compliance policies and procedures to ensure they align with current regulations and best practices
- Develop and deliver comprehensive compliance training programs for employees at all levels of the organization
- Establish and oversee internal auditing processes to monitor compliance with policies, procedures, and regulatory requirements
- Prepare and present regular compliance reports to senior management and the board of directors, highlighting key issues, trends, and recommendations
- Chair the organization's compliance committee, facilitating regular meetings and driving the compliance agenda.
- Develop and oversee customer due diligence processes, including Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures
- Ensure timely and accurate submission of all required regulatory filings and reports.
- Work closely with other departments, including Legal, Risk Management, Operations, and Information Technology, to ensure a cohesive approach to compliance across the organization.
Qualifications
- Juris Doctor (JD) degree from an accredited law school OR Certified Trust and Financial Advisor (CTFA) designation
- Minimum of 10 years of experience in compliance roles within the trust and financial services industry
- Extensive knowledge of trust administration principles and practices
- Strong understanding of federal and state regulations governing trust and financial services
Additional Information
- Location: Salem, NH
- NH Residents - Hybrid (2x remote / 3x onsite)
- MA Residents - Onsite only ($150/monthly stipend offered)
- Compensation: $175,000 – $200,000 DOE + Profit Sharing
- Benefits: Medical, Dental, Vision, 401(k) and match, FSA, LSA, Generous PTO and more
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