Director of Compliance - Risk & Compliance

EMPLOYMENT TYPE: Permanent

DEPARTMENT: Risk & Compliance

DIVISION: Private Client Services

WORKPLACE STRUCTURE: Hybrid

ROLE OVERVIEW

PURPOSE OF JOB

The Director of Compliance ensures the organization adheresto all regulatory requirements, internal policies, and industry standardswithin the trust and fiduciary services sector. This role provides strategicleadership in compliance management, risk mitigation, and regulatory engagementwhile promoting a culture of integrity and ethical behaviour across theorganization.

MAIN RESPONSIBILITIES AND DUTIES

• Develop and oversee the implementation of SDTC compliance program, ensuring adherence to federal, state, and Local regulations governing the trust industry.
• Advise SDTC executive leadership and the Board of Managers on emerging compliance risks, regulatory changes, and best practices.
• Lead SDTC compliance strategies aligned with organizational goals and regulatory frameworks.
• Establish, maintain, and update SDTC compliance policies, procedures, and controls to mitigate risks effectively.
• Ensure the SDTC policies comply with regulations such as AML (Anti-Money Laundering), FATCA, GDPR, and other fiduciary and financial services standards.
• Oversee training programs to educate employees on compliance requirements and ethical practices.
• Serve as the primary liaison with regulatory agencies, auditors, and external stakeholders regarding compliance matters.
• Proactively monitor regulatory developments, industry trends, and enforcement actions to update organizational practices accordingly.
• Prepare for and oversee regulatory examinations, audits, and inspections.
• Conduct periodic compliance risk assessments and implement corrective actions as needed.
• Oversee the monitoring and reporting of suspicious activities in compliance with AML and KYC (Know Your Customer) standards.
• Provide regular compliance updates to executive leadership and the Board of Manager, including metrics, risks, and remediation efforts.
• Lead, mentor, and manage the compliance team to ensure effective performance and professional growth.
• Foster a collaborative and ethical culture across all levels of the organization.

ESSENTIAL REQUIREMENTS

• Bachelor's degree in law, Business Administration, Finance, or a related field (Master's or JD preferred).
• 5+ years of progressive compliance experience in the trust, banking, or financial services industry, with at least 3 years in a leadership role.
• In-depth knowledge of trust regulations, fiduciary standards, AML/KYC requirements, and financial crimes prevention.
• Proven track record of successful interactions with regulatory agencies and auditors.
• Professional certifications such as Certified Regulatory Compliance Manager (CRCM), Certified Trust and Financial Advisor (CTFA), or Certified Anti-Money Laundering Specialist (CAMS) are highly desirable.

#LI-SB1