New

Director of Compliance - Banking & Insurance

McKinsey & Company
parental leave, paid time off
United States, Massachusetts, Boston
Jan 28, 2026
Risk & Compliance Director of Compliance - Banking & Insurance Job ID: 105140 Do you want to work on complex and pressing challenges-the kind that bring together curious, ambitious, and determined leaders who strive to become better every day? If this sounds like you, you've come to the right place. Your Impact You will be part of McKinsey's Ethics and Compliance (E&C) function and will be based in North America/Europe. The E&C function's mission is to manage risks to our firm, our clients, and our people, while also enabling our firm's client impact and innovation. The E&C function is a globally integrated team within the second line of defense of our firm. McKinsey has an E&C program that is structured in a way that ensures that it is well designed, empowered to function effectively, and works in practice. Our E&C program includes a clear message that misconduct is not tolerated as well as policies, procedures, training, monitoring and consequence management to ensure the program is well-integrated into our Firm's operations and workforce. You will work in the Global Firm Practices pillar, which is responsible for instilling trust that our firm serves clients and communities with integrity and adheres to regulatory requirements. Your role reports to the Senior Director, Sectors, Capabilities and Assets. You will lead and oversee the Ethics and Compliance programs for our Banking and Insurance Practices, working closely with the client service teams that are engaged in day-to-day client delivery. You will lead a team to drive E&C activities to ensure our firm adheres to all regulatory requirements. You will advise and design sustainable and flexible solutions and processes that will be applied across programs. You will be responsible for building, shaping, and driving robust and comprehensive compliance programs and partnering closely with senior leaders, CSR, Legal, Technology, People and other Risk functions. You will lead and oversee the development and maintenance of a targeted domain of policies, procedures and practices for identifying, managing and reporting on ethics and compliance risks associated with client service within the Banking and Insurance practices. You will drive the compliance agenda including the continuous evolution of the programs based on our firm's risk profile. You will also provide internal visibility to the ever-changing nature of the regulatory landscape and ensure appropriate enhancements to our ongoing programs and activities as needed. You will support the enhancement of tools, standards, and metrics on compliance matters (e.g., dashboards, systems, testing) and ensure geographic compliance leads have a holistic, integrated understanding of the relevant and specific regulatory areas for their regions and deliver expertise and guidance as needed. You will also provide input on the development of our broader capabilities (e.g., learning, sole sourcing processes, communications, etc.). As a member of the firm Sectors, Capabilities and Assets Compliance leadership team, you will be expected to be a key contributor and thought leader within the function, in addition to driving key organizational, operational, or strategic initiatives, as relevant. You will be required to engage in regionally focused initiatives, such as infusing our integrity agenda, under the direction and coordination of our regional E&C leaders, the purpose of which is to raise awareness of and further our firm's E&C program, and other agreed-upon supporting activities in your region or location. Collaboration is a key aspect of this role. You will collaborate with a cross-functional and senior stakeholder group (e.g., Client Service Professionals, Legal, Risk, People, Technology, etc.,) across our firm in a timely and efficient manner. You will articulate our regulatory compliance obligations to internal and external stakeholders, serving as an expert advisor to the broader E&C community and other stakeholders (e.g., Client Service Professionals and firm functions). Finally, you will play a critical role in sustaining and evolving our E&C program and upholding our commitment to integrity and lawful practices. Your Growth You are someone who thrives in a high-performance environment, bringing a growth mindset and entrepreneurial spirit to tackle meaningful challenges that have a real impact. In return for your drive, determination, and curiosity, we'll provide the resources, mentorship, and opportunities to help you quickly broaden your expertise, grow into a well-rounded professional, and contribute to work that truly makes a difference. When you join us, you will have: Continuous learning: Our learning and apprenticeship culture, backed by structured programs, is all about helping you grow while creating an environment where feedback is clear, actionable, and focused on your development. The real magic happens when you take the input from others to heart and embrace the fast-paced learning experience, owning your journey. A voice that matters: From day one, we value your ideas and contributions. You'll make a tangible impact by offering innovative ideas and practical solutions, all while upholding our unwavering commitment to ethics and integrity. We not only encourage diverse perspectives, but they are critical in driving us toward the best possible outcomes. Global community: With colleagues across 65+ countries and over 100 different nationalities, our firm's diversity fuels creativity and helps us come up with the best solutions. Plus, you'll have the opportunity to learn from exceptional colleagues with diverse backgrounds and experiences. Exceptional benefits: On top of a competitive salary (based on your location, experience, and skills), we provide a comprehensive benefits package to enable holistic well-being for you and your family. Your qualifications and skills Bachelor's degree required, advanced degree(s) and/ or applicable professional certifications (e.g., Juris Doctor or CPA) preferred 7+ years of deep experience in regulatory compliance matters and broad compliance experiences in large, global organizations 5+ years of experience in advising, building, and driving broad regulatory compliance programs for banking and insurance sectors Leverages highly credible expertise to provide a clear perspective on multifaceted issues and influence others Operationalizes complex priorities across stakeholders to drive impact, develops and communicates a compelling vision, and inspires action Builds trust-based relationships with senior leaders and collaborates generously, becoming a sought-after key thought partner Demonstrates a strong entrepreneurial drive and ownership mentality to resolve ambiguous problems Exhibits exceptional organizational and project management skills with the ability to drive global projects to outcomes in cross-functional areas and complex topics Navigates difficult situations with maturity and confidence as a values-based leader Displays passion for people development and leads cross-functional teams effectively Outstanding written and oral communication skills in English, with the ability to adapt messaging for different audiences and craft cohesive storylines and communications Please review the additional requirements regarding essential job functions of McKinsey colleagues. Our unwavering commitment to integrity drives everything we do, guiding us to always act in the best interests of our clients, our people, and the communities we serve. Apply Now Apply Later In accordance with Ontario law, this job posting is for an existing vacancy. FOR U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law. Certain US jurisdictions require McKinsey & Company to include a reasonable estimate of the salary for this role. For new joiners for this role in the United States, including all office locations where the job may be performed, a reasonable estimated range is $256,000 - $341,000 USD -to help you understand what you can expect. This reflects our best estimate of the lowest to highest [salary/hourly wages] for this role at the time of this posting, ensuring you have a clear picture right from the start, though it's important to remember that actual salaries may vary. Factors like your office location, your unique blend of experience and skills, start date and our current organizational needs all play a part in determining the final figure. Certain roles are also eligible for bonuses, subject to McKinsey's discretion and based on factors such as individual and/or organizational performance. Additionally, we provide a comprehensive benefits package that reflects our commitment to the wellness of our colleagues and their families. This includes medical, mental health, dental and vision coverage, telemedicine services, life, accident and disability insurance, parental leave and family planning benefits, caregiving resources, a generous retirement contributions program, financial guidance, and paid time off. FOR NON-U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity employer. For additional details regarding our global EEO policy and diversity initiatives, please visit our McKinsey Careers and Diversity & Inclusion sites. Job Skill Group - N/A Job Skill Code - ADCG - Director of Compliance, Group Function - Industry - Post to LinkedIn - Yes Posted to LinkedIn Date - Fri Nov 14 00:00:00 GMT 2025 LinkedIn Posting City - New York LinkedIn Posting State/Province - New York LinkedIn Posting Country - United States LinkedIn Job Title - Director of Compliance - Banking & Insurance LinkedIn Function - General Business;Legal LinkedIn Industry - Legal Services LinkedIn Seniority Level - Director