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