Director of Regulatory Compliance
Full-Time 140000 - 190000 USD per-year-salaryJob Overview
The Director of Compliance plays a crucial role in both leading and executing the company's compliance program. In our lean, dynamic compliance team, this position requires a hands-on approach, combining strategic oversight with direct execution of key compliance functions. The ideal candidate must be comfortable wearing multiple hats, performing individual contributor tasks, and adapting to changing priorities in a fast-paced environment.
This role requires a versatile professional who can seamlessly transition between high-level oversight and hands-on execution of compliance tasks. The successful candidate will be expected to personally perform a wide range of compliance functions while also providing strategic guidance and support business units.
Hybrid in downtown Chicago, 3 days onsite.
The Director of Compliance plays a crucial role in both leading and executing the company's compliance program. In our lean, dynamic compliance team, this position requires a hands-on approach, combining strategic oversight with direct execution of key compliance functions. The ideal candidate must be comfortable wearing multiple hats, performing individual contributor tasks, and adapting to changing priorities in a fast-paced environment.
This role requires a versatile professional who can seamlessly transition between high-level oversight and hands-on execution of compliance tasks. The successful candidate will be expected to personally perform a wide range of compliance functions while also providing strategic guidance and support business units.
Hybrid in downtown Chicago, 3 days onsite.
You Will:
- Oversee and execute critical aspects of the company's compliance management system
- Implement and maintain compliance policies, procedures, and controls across business lines
- Directly perform compliance testing and monitoring activities
- Manage and participate in the compliance risk assessment process
- Conduct compliance risk assessments across business lines
- Develop and execute test plans to assess compliance with laws, regulations, and internal policies
- Personally monitor compliance controls and key risk indicators
- Identify compliance gaps and lead remediation efforts
- Develop and track key risk indicators and performance metrics
- Prepare and present compliance reports for senior management
- Analyze compliance data to identify trends and emerging risks
- Stay abreast of regulatory changes and assess their impact on the business
- Update policies and procedures to reflect regulatory changes
- Collaborate with legal and business teams to implement compliance changes
- Manage and execute day-to-day operations of the BSA/AML compliance program
- Conduct BSA/AML risk assessments and enhance the program as needed
- Ensure consumer protection practices are embedded in daily operations
- Review consumer complaints analysis and implement corrective actions as necessary
- Manage the compliance issues tracking and resolution process
- Investigate and document compliance issues or violations
- Develop and implement corrective action plans
Compliance Program Management and Execution
Risk Assessment and Monitoring
Reporting and Analytics
Regulatory Change Management
BSA/AML and Consumer Protection
Issue Management
You Have:
- Bachelor's degree in Business, Law, or related field
- 5-7 years of experience in compliance, with a mix of strategic and hands-on operational roles
- Strong knowledge of financial services regulations, particularly in fintech and consumer lending
- Proven ability to both lead projects and perform detailed individual work
- Excellent analytical, problem-solving, and decision-making skills
- Strong written and verbal communication abilities
- Proficiency with compliance management systems and databases
- Ability to work independently, manage multiple priorities, and adapt to changing needs
- Comfortable in a lean team environment where flexibility and direct execution are essential