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)
POSITION SUMMARY: The Regional Compliance Director works in cooperation with the Executive Director on company initiatives and works with Program Directors to ensure compliance with all Federal, State and local licensing requirements and Rite of Passage policies and procedures. Under the direction of the Program Directors, this position is involved in activities designed to measure and improve the accuracy and effectiveness of the processes and exercises considerable independent judgment to adapt and apply the guidelines to specific situations. The work requires knowledge of compliance related requirements for licensing and contract compliance purposes, knowledge of the policies, procedures, and regulations of quality control work; continues quality improvement; systems development, and operational policies and procedures. The position directly supervises Compliance Coordinators and functionally supervises all training and compliance positions in the Northeastern Region. |
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Continuous Quality Improvement (CQI): The position works jointly with Rite of Passage site Program Directors to ensure compliance with all Federal, State and local Licensing requirements and Rite of Passage policies and procedures. This position is involved in activities designed to measure and improve the accuracy and effectiveness of the processes used for services and the delivery of care for youth. The employee works within general methods and procedures and exercises considerable independent judgment to adapt and apply the guidelines to specific situations. The work requires knowledge of the policies, procedures, and regulations, of quality control work; continuous quality improvement; supervisory techniques; personnel; operational policies and procedures; and knowledge of compliance-related requirements for licensing purposes. Accreditations: Responsible for accrediting and sustaining the accreditation environment at ROP programs. PREA: Ensuring that Safe Environment Standards are being followed throughout the company and responsible for all aspects of PREA implementation and compliance. This position may supervise the Site PREA Managers. Start-up: Responsible for assisting with start-up duties at new ROP programs as assigned. Length of duration at the designated program is determined by the supervisor. Focus Areas: Responsible for one of the following focus areas and serve as the agency subject matter expert in: PREA, Accreditation, ORR, Medicaid, CQI Essentials, SES Essentials and/or ExCom Compliance Reports. This position directly reports to the National Director of Compliance. |
Rite of Passage is a leading national provider of programs and opportunities for troubled and at-risk youth from social services, welfare agencies and juvenile courts. For 35 years, we have developed and operated a continuum of programs based on the needs of youth and our placing agencies. With an emphasis on evidence-based practices and positive skill development, combined with our supportive and therapeutic approach, our organization is respected by industry experts as a highly effective solution for our youth. Since 1984, over 25,000 youths have entered and completed our programs. Rite of Passage has built its reputation on running life-changing educational treatment programs that positively contribute to the community. Our employees are dedicated, passionate individuals that are committed to inspiring positive change in the lives of youth. Becoming a member of the Rite of Passage team is more than just a job, it’s an opportunity to create a meaningful career with a company driven by its powerful mission to make a difference. Apply today and help us make a difference! |
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