Director, Compliance

Reinvestment Fund•Philadelphia, GA

1d•Remote

About The Position

Reinvestment Fund is seeking a Director, Compliance to lead and enhance the organization’s compliance management program, ensuring adherence to applicable laws, regulations, funding requirements, and internal governance standards. Reporting to the Managing Director, Risk & Compliance, this role serves as a trusted compliance subject matter expert (SME) and business partner, providing practical guidance and oversight across public-funded grants, CDFI Fund requirements, AML/KYC, policy governance and state regulatory obligations. Partnering closely with business units, the Director will help embed compliance into day-to-day operations, support risk-informed decision making, and serve as a central point of coordination across internal stakeholders and external counsel. Using both strategic and hands-on skills, this role provides an opportunity to shape and strengthen the organization’s compliance framework while managing compliance operations and driving initiatives that strengthen governance, regulatory readiness, and organizational compliance maturity.

Requirements

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.

Nice To Haves

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.

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.
Other duties as assigned.