Compliance Director (Banking) jobs in Lynchburg, VA

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)

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Director of Compliance
  • Johnson Health Center
  • Madison, VA FULL_TIME
  • Details

    Posted: 03-Oct-23

    Location: Madison Heights , Virginia

    Type: Full Time

    Sector:

    Health Care System

    Preferred Education:

    4 Year Degree

    Internal Number: 300

    The Director of Compliance (DOC) serves as a member of the JHC Leadership Team and collaborates with all areas of the organization. The DOC works to ensure JHC conducts our healthcare organization in accordance with the highest ethics standards and in compliance with Federal, State, and HRSA guidelines.

    Essential Duties and Responsibilities:

    1. In conjunction with the CSRMO is responsible for the development, implementation, and management of an effective compliance program with applicable laws and regulations consistent with current best practice and guidance.
    2. Demonstrates advanced critical thinking, especially during investigations, process reviews and risk mitigation.
    3. Directs and provides oversight of the compliance program, including risk management assessments, health records processing, patient referral tracking, internal/external audits, and contract management.
    4. Directs and implements all necessary actions to ensure achievement of the objectives of an effective compliance program by means of reviews, relevant training, and a system of consistent enforcement of the rules and the development/implementation of corrective action plans.
    5. Directs and provides oversight of policy and procedures governance and timely approval processes.
    6. Develops strategic gap and trend analyses for the company to identify and access key risk areas and establish appropriate mitigation plans.
    7. Conducts extensive research and provides responses to questions regarding regulations, regulators, and impacted business practices in subject areas such as Federal Tort Claims Act (FTCA), Health Resources Services Administration (HRSA) program requirements, Health Center best practices, and new program development.
    8. Stays up to date on industry changes, trends, laws, regulatory updates, and best practices.
    9. Actively participates on various committees such as Quality Improvement, 340B Compliance.
    10. Hires, trains, coaches, and guides direct reports on performance and performance improvement initiatives.

    Qualifications:
    1. Bachelor’s degree in business administration, Law, or Related Healthcare Field.
    2. 2-4 years legal or compliance experience, preferably in a healthcare setting.
    3. Must be fully proficient with Microsoft Office products including Word, Excel, and Power Point.
    4. Proven ability to collect, analyze, and summarize data from a variety of sources is essential.
    5. Strong oral and written communication skills, along with critical thinking and organizational skills.
    6. Excellent interpersonal skills.
    7. Knowledge of a broad range of management concepts for effective supervision and staff administration with the ability to prioritize multiple demands.
    8. Ability to work well in a team setting and across functional areas.
    9. Ability to adapt to sudden changes in schedules and flexibility in work requirements.
    10. Ability to perform critical thinking to achieve positive outcomes.

  • 7 Days Ago

7
Compliance Inspector
  • 7G Environmental Compliance Management
  • Lynchburg, VA FULL_TIME
  • Our CompanyAt 7G, we're the go-to partner for petroleum tank owners across the country. We tackle environmental challenges while consistently keeping things compliant. Our values are simple: excellenc...
  • 1 Month Ago

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Compliance Inspector
  • 7G Environmental Compliance Management
  • Buena Vista, VA FULL_TIME
  • Our CompanyAt 7G, we're the go-to partner for petroleum tank owners across the country. We tackle environmental challenges while consistently keeping things compliant. Our values are simple: excellenc...
  • 1 Month Ago

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Director of OTP Compliance
  • BrightView Health
  • Lynchburg, VA FULL_TIME
  • Serving People, Saving Lives! BrightView was founded to give the people in our communities two things: help and hope. If you want to do the same, we would love for you to join our dynamic, rapidly gro...
  • 15 Days Ago

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Director of Evaluation, Assessment, and Compliance
  • UNIVERSITY OF LYNCHBURG
  • Lynchburg, VA OTHER
  • Job Details Job Location: Lynchburg - Lynchburg, VA Position Type: Faculty Education Level: Graduate Degree Salary Range: Undisclosed Job Shift: Full time DescriptionThe University of Lynchburg, a pri...
  • 23 Days Ago

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Director of Regulatory Compliance
  • BrightView Health
  • Danville, VA FULL_TIME
  • Serving People, Saving Lives! BrightView was founded to give the people in our communities two things: help and hope. If you want to do the same, we would love for you to join our dynamic, rapidly gro...
  • 1 Month Ago

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0 Compliance Director (Banking) jobs found in Lynchburg, VA area

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Off-Campus Work Study for SFS
  • Liberty University
  • Lynchburg, VA
  • Off-Campus Work Study employees are responsible and accountable to the onsite supervisors at the community service partn...
  • 4/19/2024 12:00:00 AM

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Associate or Full Professor - Director, Physician Assistant Program
  • Liberty University
  • Lynchburg, VA
  • Faculty are essential to Liberty University's mission of Training Champions for Christ. It is expected that a faculty me...
  • 4/19/2024 12:00:00 AM

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LaHaye Rec Group Ex. Instructor
  • Liberty University
  • Lynchburg, VA
  • The Campus Rec Student Worker is responsible for performing operational tasks for Campus Recreation programs and facilit...
  • 4/18/2024 12:00:00 AM

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Senior Investment Analyst
  • Liberty University
  • Lynchburg, VA
  • The Senior Investment Analyst will support Liberty University's Chief Investment Officer and the senior investment team ...
  • 4/18/2024 12:00:00 AM

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Office of Consumer Affairs / Office of the President USLI Complaint Intake and Referral Specialist
  • Genworth Financial, Inc.
  • Lynchburg, VA
  • At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies...
  • 4/18/2024 12:00:00 AM

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Director of Nursing RN Retention Bonus
  • Lynchburg Health & Rehabilitation Center
  • Lynchburg, VA
  • Lynchburg Health & Rehabilitation Center - Nursing is what we do! Lynchburg Health & Rehabilitation Center, a 180 -bed h...
  • 4/18/2024 12:00:00 AM

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Snowflex Slope Operations Assistant
  • Liberty University
  • Lynchburg, VA
  • The Campus Rec Student Worker is responsible for performing operational tasks for Campus Recreation programs and facilit...
  • 4/17/2024 12:00:00 AM

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RN--OB
  • Johnson Health Center
  • Lynchburg, VA
  • GENERAL DESCRIPTION OF DUTIES AND RESPONSIBILITIES: The Registered Nurse works in conjunction with a medical provider, t...
  • 4/15/2024 12:00:00 AM

Lynchburg is an independent city in the Commonwealth of Virginia in the United States. As of the 2010 census, the population was 75,568. The 2017 census estimates an increase to 81,000. Located in the foothills of the Blue Ridge Mountains along the banks of the James River, Lynchburg is known as the "City of Seven Hills" or the "Hill City". In the 1860s, Lynchburg was the only major city in Virginia that was not recaptured by the Union before the end of the American Civil War. Lynchburg lies at the center of a wider metropolitan area close to the geographic center of Virginia. It is the fifth-...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Compliance Director (Banking) jobs
$104,831 to $150,400
Lynchburg, Virginia area prices
were up 1.2% from a year ago

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Finally, another benefit of obtaining a compliance officer certification is that regulatory compliance certifications can be utilized for career advancement.  Certifications are often a requirement for certain job postings, help to bring in a higher salary, and put a candidate above the competition.
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