Compliance Director Job Description

Compliance Director Job Description

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Compliance director provides guidance to leadership and company personnel on the interpretation and application of export, import, and sanctions laws and regulations;.

Compliance Director Duties & Responsibilities

To write an effective compliance director job description, begin by listing detailed duties, responsibilities and expectations. We have included compliance director job description templates that you can modify and use.

Sample responsibilities for this position include:

Research and provide answers to questions asked about regulations, regulators and impacted business practices in subject areas such as product development, sales supervision, agency inspections
Assist the CCO in the development, implementation and management of an effective compliance program with applicable laws and regulations consistent with current best practice and guidance
Contribute to the scope and structure of Company projects by establishing a framework for ongoing assessments of key deliverables and milestones to ensure alignment with applicable regulations, guidelines, policies and procedures, key stakeholders and business needs
Interact closely with various Business Units, Corporate Communications, Government Affairs and the Legal/Regulatory Department
Lead and maintain effective communication with Senior Compliance Management, Business Management and other stakeholders particularly across the APAC Region
Direct the identification and reporting upon APAC Region compliance training needs in conjunction with Compliance, the Business Lines and other stakeholders and in accordance with local regulatory requirements
Oversight of the Compliance program
Implementing 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
Concierge for designated countries/regions to address issues that emerge in the local jurisdiction, in the U.S. , or within PFI, that may impact the local operations
Develop strategic gap and trend analyses for the company to identify and access key risk areas, and establish appropriate mitigation plans

Compliance Director Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Compliance Director

List any licenses or certifications required by the position: CRCM, CISA, CHC, CAMS, CIA, ISO, CPA, CISSP, CISM, J.D

Education for Compliance Director

Typically a job would require a certain level of education.

Employers hiring for the compliance director job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Business, Education, Law, MBA, Management, Finance, Legal, Healthcare, Accounting, Graduate

Skills for Compliance Director

Desired skills for compliance director include:

Business
Its products and processes
Regulations
Emerging products
Payments industry products
General enterprise resource planning data structures
Import and export trade laws and regulations as they relate to embargos
Laws
Sanctions and controlled product
Technology and software

Desired experience for compliance director includes:

Capable of taking the lead on all regulatory matters associated with the various businesses within the alternatives platform of asset management
Bachelor or Masters Degree in Accounting, Finance or related field
Monitor regulatory developments and participate in industry groups
Act as the key interface with Corporate Compliance partners at the executive level for integrating policies and frameworks mandated by the 2nd line of defense, as required across PO
Establish a Compliance framework, mandate and strategy for all PO groups (P&C PO Canada/US, PCG PO, WBPO, and Asia/Europe)
Lead a team that will perform independent testing of all controls to meet and exceed regulatory requirements from an Operations viewpoint, translation of those testing results into issue management reporting

Compliance Director Examples

1

Compliance Director Job Description

Job Description Example
Our growing company is looking for a compliance director. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for compliance director
  • Assists in the development, design and implementation of compliance training throughout the company and keeps the company abreast of updates in applicable laws and regulations
  • Interprets and communicates evolving US, and state tax rules and regulations
  • Directs and motivates Tax Analyst team ensuring they are meeting overall business plan objectives and other desired results
  • Develop and maintain the tools and systems of internal control and corporate governance for business processes, monitoring and tracking gap assessments
  • Develop and execute a plan for development of additional polices
  • Organize the retention, organization and document management of an official set of compliance records
  • Develop and roll-out Compliance training to Sales, Marketing and other relevant departments
  • This position will work with the medical and scientific affairs groups the sales and marketing groups to provide both compliance oversight, including auditing and supporting their operations
  • Coordinates with cross-functional teams to assess internal and industry needs and identifies possible solutions to meet those needs
  • Responsible for analysis and tracking performance data on key performance indicators in support of strategic goals
Qualifications for compliance director
  • Management of day-to-day Regulatory Compliance relationships Reviewing, tracking and approving all regulatory report responses and remediation plans
  • Management of the day-to-day Regulatory Compliance issues that arise from Corporate Audit engagements and coordinate responses and tracking of Regulatory issues with the Director of Controls Framework and Policies
  • 12+ years of related Product Operations experience
  • Extensive Regulatory Experience, preferably gained at a recognized regulator (IIROC, SEC, FINRA, OSC)
  • Knowledge of Mutual fund, Life Insurance, Annuities, and/or retail Broker/Dealer products a plus
  • Technical proficiency in requirement of PCAOB & SEC regarding Sarbanes Oxley legislation
2

Compliance Director Job Description

Job Description Example
Our company is looking to fill the role of compliance director. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for compliance director
  • Partner with business areas and establish/maintain/develop relationships to manage integrated compliance program
  • Compliance review and principal approval of firm advertising and sales literature for products and strategies in accordance with applicable regulations
  • Clearly and effectively explains and presents advertising standards and regulations to internal clients
  • Advise the PWM Business Unit on all regulatory Compliance matters
  • Work closely with PWM Management on new business proposals
  • Maintain Compliance documentation including business unit manuals, Compliance Notices, rules database, and Compliance plans
  • Managing, supervising and educating the Compliance Specialist and Internal Audit & Compliance Manager
  • Maintain awareness of new compliance training developments in the industry, latest methodologies and technological advances
  • Maintain and promote close working relationships with the Operations Team to facilitate course development and roll outs, and the provision of management information
  • Monitor the administration of training programmes including the provision of appropriate management information in support of training completion and escalating overdue assignments
Qualifications for compliance director
  • Domestic & International travel less than 10%
  • Proficient in the use of basic computer applications
  • At least 4-6 years demonstrated experience leading compliance or audit teams in the successful completion of assigned deliverables
  • Experience with cable and strong understanding of cable processes and voice compliance areas
  • Deep understanding of US and UK regulatory environment
  • Ability to manage small IT audit jobs, work as part of a team for larger engagements
3

Compliance Director Job Description

Job Description Example
Our company is searching for experienced candidates for the position of compliance director. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for compliance director
  • Effectively managing the Corrective Action process and policy to ensure timely closure of gaps across business units, particularly issues that may be relevant to co-brand partnerships
  • Liaising regularly with other control stakeholders, including Independent Compliance Testing (ICT), the Internal Audit Group (IAG), and other business control functions
  • Driving implementation of policy and regulatory requirements in the areas of UDAAP, general credit card practices, general banking, and other relevant federal, state and local regulations
  • Working closely with Global Risk and Compliance colleagues throughout the organization to drive compliant execution of business objectives, and will also partner closely with colleagues in the General Counsel’s Office
  • Collaborate with law enforcement and testify in court when necessary
  • Conducts periodic internal reviews, monitoring and auditing in addition to those conducted by Acorda departments to ensure that compliance policies and procedures are followed, including, but not limited to, live field monitoring of company events and activities of field employees
  • Works with Vice President of Compliance, Legal, and HR in conducting or directing the internal investigation of compliance issues to include investigation, follow-up, and resolution activities and solutions
  • Assesses product, compliance, and/or operational risks and helps develop risk management strategies
  • Assists in the administration of the Corporate Governance Hotline
  • Drafts policies and standard operating procedures on behalf of Compliance and assists other departments with the review and drafting of policies and standard operating procedures
Qualifications for compliance director
  • To contribute to the formulation and implementation of the global team’s strategy and objectives for the delivery of high quality and cost effective compliance training globally and particularly across the APAC Region
  • Attendance at Scheme and Industry related training and development courses of relevance
  • Identify and analyse emerging Compliance risks and trends
  • Represent Compliance at the regular board and committee meetings of UK legal entities as required
  • Some level of industry knowledge and expertise and experience with consumer regulatory requirements related to financial services including RESPA, TILA, FDCPA, ECOA and state and federal consumer protection laws
  • Ability to manage up to 7 people and willingness to work as a team player, with comfort interacting with associates across departments and job levels
4

Compliance Director Job Description

Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of compliance director. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for compliance director
  • Development of a proactive, risk-based compliance monitoring programme, including regular reviews of business activities
  • Identify opportunities to enhance system functionality to more efficiently meet business goals and objectives
  • Proactively monitor changes in business processes and provide guidance and support to internal stakeholders
  • Assist with training business owners and Finance personnel on establishment of new process and implementation of controls, as needed
  • Works closely with the Chief Compliance Officer to manage the broker dealer marketing communications compliance process
  • Manage compliance processes as a liaison for both the Marketing and Sales groups
  • Ensure that all materials are in compliance with applicable regulatory rules/facilitate filings with FINRA, the SEC, and various states as required
  • Provide guidance to internal clients regarding emerging compliance issues
  • Resolve difficult issues and knows how to design solutions
  • Communicate potential compliance issues to management and recommend corrective actions
Qualifications for compliance director
  • Certified Risk Professional, or Certified Regulatory Compliance Manager certification, or a licensed attorney
  • 10 years of compliance experience, or 10 years of Risk Management experience , or 10 years of Controls experience, or 10 years of Legal experience, or 10 years of Audit experience, specifically in consumer regulatory matters
  • Proven successful client relationship management experience
  • Participate / lead meetings with both North America and Asia team members, having the flexibility for evening / early morning calls
  • Technical background in Compliance, Audit, or Risk is an asset
  • 10+ years of progressive project delivery experience
5

Compliance Director Job Description

Job Description Example
Our innovative and growing company is looking for a compliance director. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for compliance director
  • Reviewing proposed marketing campaign materials and strategies and provides strategic advice, direction and leadership to ensure effective mitigation of Compliance risks across co-brand partners
  • Effectively represent Compliance on various internal committees to effectively manage broad Compliance issues across complex deal structures
  • Active participation in the Annual Compliance Risk Assessment Process
  • Responsible for leading, coaching and developing a team of 3 compliance managers
  • Effective negotiating with various external partners
  • Analyzing and implementing effective sustainable processes
  • Partnering with compliance audit team to develop VillageHealth annual audit plan
  • Manages performance and talent planning for direct reports
  • Leads regular calls to monitor compliance environment across client accounts
  • Manages reporting and other duties as assigned
Qualifications for compliance director
  • Significant prior experience in a technology/cloud company environment
  • Proven ability to lead, manage, coach and develop a global high-performing team
  • Proactively works with and can influence a wide range of individuals like developers, executives, customers, regulators
  • Demonstrated capabilities to think strategically and be a key member of the Compliance Center leadership team
  • Demonstrated innovative thinking process, flexibility, and ability to operate independently
  • Strong organizational skills, an ability to manage assignments with competing priorities, excellent communication skills, and the ability to work both independently and as a member of a team are critical

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