Director, Compliance

Job Description:

Position Summary:

The Director of Compliance is responsible for overseeing and managing compliance within the organization, ensuring that the company and its employees adhere to all legal standards and internal policies. The incumbent will provide comprehensive legal advice and support to the organization, aid in policy development, regulatory compliance, and compliance risk management.

Primary Responsibilities and Duties:

• Develop, implement, and maintain compliance programs to ensure the organization operates within the law and meets regulatory requirements.
• Manage and lead the Compliance department team.
• Monitor and interpret new and existing laws, regulations, and industry standards to ensure compliance and advice on necessary adjustments to internal policies.
• Actively participate in regulatory examinations with state and federal regulators.
• Support and assist the Chief Legal + Risk Officer and the Legal Department in regulatory compliance efforts, including but not limited to complaint management.
• Formulate, review, and update compliance-related policies and procedures, ensuring they are effective and current.
• Conduct compliance risk assessments and testing, and develop strategies to mitigate compliance risks, ensuring the organization is prepared for potential legal challenges.
• Design and deliver compliance training programs for business units on an as-needed basis to enhance the first line's understanding of compliance requirements.
• Lead internal investigations into compliance issues or breaches, ensuring thorough and impartial analysis and reporting.
• Collaborate with internal stakeholders to align compliance strategies with business objectives.
• Work closely with other departments, including HR, finance, and operations, to ensure a cohesive approach to compliance issues.
• Prepare and present reports on compliance matters and risks to Executive Management and the Board of Directors on an as needed basis.

Knowledge/Skills:

• In-depth understanding of financial services regulations, compliance standards, and legal principles relevant to the organization. Understanding of federal and state banking regulations is a plus.
• Strong analytical and problem-solving skills with the ability to assess complex compliance issues to develop and deliver effective solutions.
• Excellent verbal and written communication skills, with the ability to clearly articulate complex compliance matters to diverse audiences.
• Strong leadership skills with experience in managing teams and leading cross-functional projects.
• Strong interpersonal and relationship management skills.
• Strong attention to detail, ensuring both accuracy and completeness.
• Proficient in Microsoft Office Suite and SaaS compliance management tools.

Minimum Requirement

• High School Diploma, GED or equivalent certification
• Bachelor's degree in business, Finance, related field, or equivalent relevant work experience.
• 6+ years of experience in compliance, legal, and/or audit roles, preferably within the financial services industry.
• 4+ years leadership experience leading a team of others in either a compliance, legal or audit role.
• Advanced degree or certification in compliance or a related field preferred.
• Proficient in Microsoft Office and SaaS compliance management tools.
• Juris Doctor (JD) degree from an accredited law school and licensed or eligible for licensure to practice law in Indiana preferred.

Everwise is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.