Compliance Director (Banking) jobs in Richmond, 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
  • Accessia Health
  • Midlothian, VA FULL_TIME
  • At Accessia Health, our commitment to Service, Compassion, Accountability, and Person-Centered care isn't just a set of words; it's the foundation of who we are. These values drive us to build strong relationships, foster innovation, and achieve excellence in everything we do.

    Summary:

    Accessia Health is currently seeking a Director of Compliance who will directly report to the CEO and play a pivotal role in ensuring compliance across our organization. The Director of Compliance will spearhead the establishment and maintenance of a robust compliance program, ensuring adherence to all relevant laws, regulations, policies, and standards. In addition to overseeing general compliance, this role will also serve as the organization's Privacy Officer, overseeing the implementation of privacy laws, and collaborating with department leaders to develop and execute compliance policies and procedures.

    Salary: This role has a target salary of $90,000 to $120,000 annually, based upon various factors including location, experience, and education.

    Core Job Responsibilities:

    Legal Oversight:

    • Collaborate with the Executive Leadership Team and Human Resources department to develop strategies and positions regarding regulations, contracts, employment matters, and litigation.
    • Contribute to major business transactions and participate in program development initiatives.
    • Provide guidance on the legal aspects of financing and develop legal strategies to support organizational programs.
    • Advise on regulatory actions and liaise with regulatory counsel when necessary.
    • Draft and review contractual agreements for specific programs to ensure overall legal compliance.
    • Stay abreast of changes in laws and regulations impacting the organization and provide guidance on compliance implications.
    • Manage staff and external attorney needs effectively.

    Compliance Oversight:

    • Develop and implement policies, procedures, and practices to ensure compliance with relevant regulations.
    • Act as the Privacy Officer, overseeing the implementation of privacy laws and regulations.
    • Monitor day-to-day compliance activities, including patient program monitoring and auditing.
    • Investigate, resolve, report, and remediate compliance issues across all departments.
    • Conduct compliance education and training programs for staff.
    • Develop auditing processes to identify legal and compliance risks.
    • Establish and maintain a quality assurance and improvement program.
    • Provide detailed compliance reports to management and the Board.
    • Deliver training to the Board on Compliance Program responsibilities.

    Desired Education and Experience:

    • Juris Doctor with an active license to practice law, preferably in the Commonwealth of Virginia.
    • Minimum of 10 years of legal experience, with a strong background in compliance matters.
    • Experience leading compliance efforts in either non-profit, public-sector organizations, or private businesses.
    • Familiarity with Virginia and Federal governmental procedures.
    • Master's degree in business, health administration, or equivalent qualification preferred.
    • Minimum of 4 years' experience in healthcare legal or compliance functions.

    Essential Traits:

    • Decisive Leadership: The ability to make prompt and effective decisions, provide clear direction, and inspire and motivate team members to achieve organizational goals.
    • Effective Advocacy: The capacity to champion the organization's interests, values, and objectives, both internally and externally, while representing the needs and perspectives of stakeholders.
    • Strong Problem-Solving and Analytical Skills: The proficiency in identifying, analyzing, and resolving complex problems and challenges using logical reasoning, data analysis, and creative solutions.
    • Exceptional Communication Skills: The capability to convey information clearly, concisely, and persuasively, both orally and in writing, to diverse audiences while fostering open dialogue and understanding.
    • Attention to Detail: The ability to meticulously review and maintain accuracy in tasks, ensuring thoroughness and precision in all aspects of work to minimize errors and achieve high-quality outcomes.
    • Financial Acumen: The understanding of financial principles and practices, including budgeting, forecasting, financial analysis, and reporting, to make informed decisions and drive organizational success.
    • Collaborative and Interpersonal Abilities: The aptitude to effectively collaborate with colleagues, stakeholders, and external partners, fostering teamwork, building relationships, and resolving conflicts constructively.
    • Adaptability to Changing Priorities and Circumstances: The flexibility and agility to adjust quickly to new situations, priorities, and challenges while maintaining focus and composure to achieve objectives.
    • Strong Analytical Skills and Objective Judgment: The capability to assess situations objectively, analyze information critically, and make sound decisions based on thorough evaluation and reasoned judgment.

    Accessia Health is an equal opportunity employer committed to diversity and inclusion in the workplace. We encourage qualified individuals from all backgrounds to apply.

  • 1 Month Ago

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Compliance Director I
  • Truist Bank
  • Richmond, VA FULL_TIME
  • Language Fluency: English (Required)Work Shift:1st shift (United States of America)Job Grade:113Please review the following job description:Lead a second line compliance oversight team to implement an...
  • 2 Days Ago

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Koi, Fine Dining Server
  • Seneca Resorts & Casinos
  • Niagara Falls, NY FULL_TIME
  • Koi, Fine Dining Server (req5211)Job Number: req5211 Job Title: Koi, Fine Dining ServerNumber of Openings: 1Job/Employment Type: FTCountry: USAState/Province: New YorkCity: Niagara FallsJob Category: ...
  • 1 Month Ago

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Director of OTP Compliance
  • BrightView Health
  • Richmond, 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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Assistant Director, Clinical Research, Quality Assurance and Compliance
  • Virginia Commonwealth University (VCU)
  • Richmond, VA FULL_TIME
  • Position Primary Purpose and General Responsibilities Massey Cancer Center is seeking a Senior Manager/ Assistant Director Quality Assurance and Compliance will report into the Senior Director Clinica...
  • 19 Days Ago

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Credit Support Specialist - Banking
  • Village Bank
  • Midlothian, VA FULL_TIME
  • At Village Bank you're a neighbor, not a number. You will see this tag line everywhere because it's true! We all work together to provide the best banking service to our customers and the best work en...
  • 22 Days Ago

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

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Director, IT Compliance
  • Apex Systems
  • University Of Richmond, VA
  • DIRECTOR, IT COMPLIANCE WHO WE ARE Apex Systems is a world-class technology services business that incorporates industry...
  • 4/22/2024 12:00:00 AM

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Program Advisor
  • Virginia Department of Human Resource Management
  • Richmond, VA
  • Program Advisor Job no: 5014312 Work type: Full-Time (Salaried) Location: Richmond (City), Virginia Categories: Health a...
  • 4/22/2024 12:00:00 AM

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Coagulation Disorders Financial Program Manager, SOM / Internal Medicine
  • State Of Virginia
  • Richmond, VA
  • Coagulation Disorders Financial Program Manager,School of Medicine/ Department of Internal Medicine /Division of Hematol...
  • 4/22/2024 12:00:00 AM

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Director, Tax Accounting
  • Eab
  • Richmond, VA
  • Job Description Job DescriptionAbout EABAt EAB, our mission is to make education smarter and our communities stronger. W...
  • 4/22/2024 12:00:00 AM

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Internal Revenue Agent (Senior Revenue Agent (Examiner) -12 MONTH ROSTER
  • Department Of The Treasury
  • Richmond, VA
  • Duties WHAT IS THE SBSE - SMALL BUSINESS SELF EMPLOYED DIVISION? A description of the business units can be found at: ht...
  • 4/22/2024 12:00:00 AM

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Director, Financial Planning & Analysis (CFO)- Medicaid
  • Humana
  • Glen Allen, VA
  • Become a part of our caring community and help us put health first The Chief Financial Officer (CFO) collects, compiles,...
  • 4/22/2024 12:00:00 AM

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Director, IT Compliance
  • Apex Systems
  • Richmond, VA
  • DIRECTOR, IT COMPLIANCE WHO WE ARE Apex Systems is a world-class technology services business that incorporates industry...
  • 4/19/2024 12:00:00 AM

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SAP Technical Lead (Senior Manager)
  • Indivior PLC
  • Richmond, VA
  • TITLE: SAP Technical Lead (Senior Manager) Title: SAP Technical Lead (Senior Manager) Reports To: Director, SAP & Compli...
  • 4/19/2024 12:00:00 AM

Richmond (/ˈrɪtʃmənd/) is the capital of the Commonwealth of Virginia in the United States. It is the center of the Richmond Metropolitan Statistical Area (MSA) and the Greater Richmond Region. Richmond was incorporated in 1742 and has been an independent city since 1871. As of the 2010 census, the city's population was 204,214; in 2016, the population was estimated to be 223,170, making Richmond the fourth-most populous city in Virginia. The Richmond Metropolitan Area has a population of 1,260,029, the third-most populous metro in the state. Richmond is located at the fall line of the James R...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Compliance Director (Banking) jobs
$111,233 to $159,584
Richmond, Virginia area prices
were up 1.2% from a year ago

Compliance Director (Banking) in Lake Charles, LA
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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Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Banking CIO Outlook.
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That turnover is largely a function of the way the role has evolved within the changing regulatory environment, said Cynthia Dow, a Russell Reynolds consultant who leads its legal, regulatory and compliance officers practice.
January 20, 2020