Director of Compliance & Trust Administration

Director of Compliance & Trust Administration

Location: Salem, NH (Onsite/Hybrid)
Compensation: $175,000 - $200,000 DOE + discretionary 5% profit sharing

We are seeking an experienced Director of Compliance & Trust Administration to oversee all aspects of regulatory compliance, trust operations, and risk management. This leadership role requires deep expertise in trust administration and financial regulatory compliance, as well as the ability to mentor and guide a team.

The Director will act as a key advisor to senior management, ensuring compliance with federal and state laws-including the Bank Secrecy Act (BSA), anti-money laundering regulations (AML), OFAC, and the Patriot Act.

What We Offer

• Competitive compensation: $175,000 - $200,000 DOE
• Discretionary 5% profit sharing
• 4 weeks' vacation + 2 weeks sick time + 2 personal days + 10-12 federal holidays
• Medical, dental, and vision insurance + FSA/LSA benefits
• Onsite/hybrid flexibility (Salem, NH headquarters)

Key Responsibilities

• Lead all compliance programs, including BSA, AML, OFAC, Patriot Act, and 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 governance committees
• Mentor and oversee trust administrators, ensuring 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
• Serve as liaison to internal committees, preparing agendas and minutes
• Act as signing authority for discretionary payments and approvals

Qualifications

• 10+ years in trust administration and financial regulatory compliance, including leadership/managerial experience
• Strong knowledge of BSA, AML, OFAC, and related financial regulations
• Proven track record of mentoring teams and managing compliance programs
• Excellent analytical, communication, and problem-solving skills
• Ability to commute to Boston office as needed (estimated 1-2 times per quarter)

Join us and lead a compliance and trust administration team where your expertise makes an impact every day!