Note: The job is a remote job and is open to candidates in USA. Reinvestment Fund is dedicated to making a tangible difference in the lives of underserved individuals and communities. They are seeking a Director, Compliance to lead and enhance the organization’s compliance management program, ensuring adherence to applicable laws and regulations while partnering closely with business units to embed compliance into day-to-day operations.
Responsibilities
- Develop, implement, and continuously enhance the organization’s compliance management framework, policies, procedures, and governance processes, ensuring alignment with federal, state, and local regulatory requirements
- Serve as the primary compliance subject matter expert and advisor for compliance-related questions, interpretations, and escalations
- Monitor regulatory developments and oversee the organization’s compliance framework, including the management of certification, reporting, eligibility, and other regulatory requirements related to CDFI and public funding programs
- Lead regulatory examinations, site visits, and due diligence activities, while partnering across business functions to ensure compliance with applicable consumer protection, fair lending, data privacy, information security, and reporting obligations
- Act as the organization’s subject matter expert on grants compliance, including federal grant requirements, pass-through funding requirements, and subrecipient monitoring obligations
- Develop and maintain compliance frameworks, manuals, policies, and training programs for grant-funded activities
- Partner with business units to ensure funding is used in accordance with applicable award terms, reporting requirements, and compliance obligations
- Support audit readiness and coordinate responses to federal or pass-through entity reviews
- Own and administer the organization’s AML, KYC, sanctions, and OFAC compliance program, including customer due diligence, sanctions screening, investigations, and escalations
- Maintain AML compliance requirements, including policies, procedures, controls, monitoring activities, and documentation
- Monitor regulatory developments and industry best practices related to financial crimes compliance
- Serve as a trusted compliance business partner, ensuring compliance considerations are integrated into organizational decision-making, change-management activities, and the development of new initiatives, products, funding opportunities, and strategic projects
- Provide compliance oversight of third-party and vendor relationships including contract review processes, especially for cases where sensitive data is handled or outsourced critical functions
- Support legal escalations by assessing compliance implications and coordinating with external counsel as needed
- Own the governance, lifecycle management, and periodic review of corporate policies and procedures and establish policy governance standards, review processes, approval workflows, and documentation requirements across the organization
- Develop and deliver compliance training and awareness programs to strengthen organizational understanding of compliance responsibilities
- Oversee state registration, licensing and entity compliance requirements across jurisdictions, including ongoing filing, renewal and good standing obligations
- Lead or support special projects and strategic initiatives that strengthen compliance, governance, operational effectiveness, and organizational resilience
Skills
- Bachelor's degree in business, finance, public policy, law, or a related discipline, or equivalent experience
- 7+ years of experience in compliance within a federally funded regulated environment; experience in a financial services or similarly regulated environment will also be considered
- Experience overseeing or supporting compliance programs involving cross-functional coordination across business, legal, and operational teams
- Working knowledge of AML/KYC, OFAC, and sanctions compliance frameworks
- Demonstrated ability to translate complex regulatory requirements into practical, business-aligned processes
- Strong communication and stakeholder management skills, with the ability to influence and drive execution across teams
- Proven ability to operate as both a strategic advisor and hands-on executor in a compliance function
- Demonstrated experience building, implementing, and improving structured compliance programs and processes
- Relevant professional certifications (e.g., CAMS, CRCM) or advanced degree
- Strong knowledge of Uniform Guidance (2 CFR Part 200) and federal grant compliance requirements
- Experience within a CDFI or similar mission-driven financial institution
- Experience with CDFI Fund programs, reporting (e.g., ILR/TLR), or certification processes
Benefits
- Employer-paid health, disability, and life insurance
- 401(k) savings plan with employer match
- Flexible spending accounts (medical, dependent care and transportation)
- Tuition reimbursement
- Paid time off
- EAP program
Company Overview