Director of Compliance (AML/BSA)

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POST DATE 9/2/2016
END DATE 12/19/2016

Financial Services Firm Miami, FL

Miami, FL
AJE Ref #
Job Classification
Full Time
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* Supervise all finance, regulatory compliance and risk management functions of the business
* Estimate and monitor key performance indicators (KPIs) and key risk indicators (KRIs) to ensure that risk adjusted financial performance of the business is aligned with set goals
* Maintain and produce financial performance and risk management dashboards to assist with decision making
* Ensure proper performance and/or appropriate indicator limit adherence
* Verify and monitor overall risk and regulatory compliance of the operations of the platform
* Administer and remit to regulators proper suspicious activity reports (SARs)
* Maximize profitability by limiting or reducing growth in costs and expenses while enabling the business to achieve incremental revenues
* Prepare budgets and recommend plans by establishing schedules & collecting, analyzing, and consolidating financial data
* Ensure adherence to budget and manage both the revenue and cost elements of the business' P&L and cash flow statements
* Manage payroll Management Company
* Ensure proper financial and accounting reporting with capital partner
* Maintain, produce and furnish asset management reports on a monthly, quarterly and annual basis
* Monitor debt levels and compliance with debt covenants
* Work with upper management and front office staff to ensure that policies and procedures are followed and upheld
* Research, assess and monitor new developments of laws, rules and regulations and keep staff up to date in a timely manner of such developments
* Monitor compliance programs that have been put in place to ensure adequacy
* Conduct ongoing development and compliance training for all employees
* Work with auditors and examiners during regulatory compliance examinations
* Act as the main contact source for outside audit companies
* Comply with local, state, and federal government reporting requirements and tax filings


* Know-how of financial management, credit risk management and regulatory compliance of a credit business
* Comprehensive understanding and ability to produce financial statements, including balance sheets, profit & loss and free cash flow statements
* Knowledge of governmental, financial and consumer protection regulations and laws, including Anti-Money Laundering rules, Bank Secrecy Act, Fair Lending Rules, Anti-Terrorism Regulations (OFAC), and proper enforcement to ensure compliance
* Bachelor's degree in Business, Economics, Finance or Accounting
* MBA, CFA, CPA or related advanced degreepreferred but not required
* Certifications such as: Certified Bank Compliance Officer (CBCO), Certified Regulatory Compliance Manager (CRCM), or Certified Regulatory and Compliance Professional (CRCP), a plus