Director of Compliance Job

We are seeking an experienced Director of Compliance to oversee all aspects of regulatory compliance, trust operations, and risk management. This role requires deep expertise in trust administration, financial regulatory compliance, and leadership. The Director will serve as a key advisor to senior management, ensuring compliance with all applicable federal and state laws, including the Bank Secrecy Act (BSA) and anti-money laundering regulations. This individual will also provide mentorship to the trust administration team, act as liaison to governance committees, and manage oversight of compliance reviews, risk assessments, and reporting.

Key Responsibilities
• Lead all compliance programs (BSA, AML, OFAC, Patriot Act, Customer Identification)
• Develop and update policies, procedures, and risk assessments
• Monitor transactions, investigate suspicious activity, and file SARs as required
• Provide legal and compliance guidance to leadership and committees
• Mentor and oversee trust administrators; ensure accounts meet fiduciary and regulatory standards
• Oversee annual account and investment reviews
• Prepare compliance reports for senior management and regulators
• Design and deliver compliance training programs
• Act as liaison to internal committees, including preparing agendas and minutes
• Serve as signing authority for discretionary payments and approvals

Qualifications
• 10+ years in trust administration and financial regulatory compliance (with leadership/managerial experience)
• Strong knowledge of BSA, AML, OFAC, and related laws/regulations
• Proven ability to mentor teams and manage compliance programs
• Excellent analytical, communication, and problem-solving skills
• Ability to commute to Boston office as needed (estimated 1-2x quarterly)

Must Haves: JD or CTFA and Trust Administration experience

Base salary: $175K – $200K DOE

Benefits:
• Medical, dental, vision, FSA, and LSA benefit
• 3% 401(k) contribution + discretionary 5% profit sharing after one year of service
• 4 weeks’ vacation (1 week carryover), 2 weeks’ sick time (carryover up to 70 hours annually), 2 personal days, and 10–12 holidays.

Reason for Opening: Internal Promotion

Reports: 1, Compliance & Trust Specialist (but will also mentor 2-3 Trust Administrators)

Salem, NH (No relocation - local candidates only)
If candidate resides in NH, hybrid (3x onsite / 2x remote)
If candidate resides in MA, onsite ($150/monthly stipend offered - this is due to tax implications for their clients)

Additional Information:
• In-office presence required on Wednesdays
• Note: December vacation scheduling is restricted.
• Reports: 1 (Compliance/Trust Specialist) - but will mentor 2-3 Trust Administrators
• Company Size: 10-15 employees

Health/Dental Benefits, Retirement Benefits, Stock or Stock Options, Paid Holidays, Vacations, and Sick Leave