Director of Compliance

This is a fully remote position, open to applicants in Massachusetts.

📋 Description

• Identify gaps and evaluate compliance obligations by assessing their likelihood and severity, while maintaining an ongoing risk register.

• Develop and uphold control measures that convert compliance requirements into everyday business operations.

• Create, update, and distribute policies and procedures, ensuring the inventory remains current and properly versioned.

• Implement a structured, risk-based monitoring and testing program, which includes a defined testing calendar and methodology.

• Record findings from tests, audits, examinations, and self-assessments; assign root causes; and ensure remediation is completed within set timelines.

• Coordinate regulatory examinations under the guidance of the VP of Compliance, handling document requests, scheduling, and communication with examiners.

• Construct and maintain KPI dashboards, while generating regular compliance reports on program health, findings, and remediation status for the VP of Compliance, executive leadership, and the board.

• Directly oversee assigned compliance personnel, taking responsibility for their performance and professional development.

• Collaborate closely with business, operations, and technology stakeholders to integrate compliance requirements into daily processes.

⛳️ Requirements

• A Bachelor's degree in Business Administration, Finance, or a related discipline. A compliance certification (e.g., CRCM) is advantageous.

• Over 7 years of experience in financial regulatory compliance, with a minimum of 5 years in a senior compliance position, ideally within auto lending, small-dollar consumer lending, or other highly regulated sectors.

• Strong understanding of federal and state financial services laws and regulations.

• Experience in scaling a compliance program within a dynamic, growing organization.

• Demonstrated ability to manage a team and collaborate with key stakeholders to advance business objectives.

• Practical experience with compliance risk management and governance, including risk identification, scoring methods, risk registers, and risk-based monitoring and testing.

• Familiarity with the use of, or support for the implementation of, a Governance, Risk, and Compliance (GRC) platform.

• Experience in drafting and managing the lifecycle of policies and procedures.

• Skilled in utilizing technology to enhance efficiency, with a willingness to adopt and integrate AI solutions into workflows.

• Capable of working independently and taking ownership of complex initiatives.

🏝️ Benefits

• Generous salaries

• Competitive health and welfare benefits (medical, dental, vision, LTD/STD, identity theft protection, paid parental leave, and more)

• Paid vacation

• 401(k) matching

• Tuition reimbursement

• Social activities

• Monthly lunches

• Comprehensive employee recognition and talent development program to promote your career with us.

• Healthy work-life balance