VP, Chief Global Compliance Officer

Company Description:

Aspida is a tech-driven, nimble insurance carrier. Backed by Ares Management Corporation, a leading global alternative asset manager, we offer simple and secure retirement solutions and annuity products with speed and precision. More than that, we’re in the business of protecting dreams; those of our partners, our producers, and especially our clients. Our suite of products, available through our elegant and intuitive digital platform, focuses on secure, stable retirement solutions with attractive features and downside protection. A subsidiary of Ares Management Corporation (NYSE: ARES) acts as the dedicated investment manager, capital solutions and corporate development partner to Aspida. For more information, please visit www.aspida.com or follow them on LinkedIn.

Who We Are:

Sometimes, a group of people come together and create something amazing. They don’t let egos get in the way. They don’t settle for the status quo, and they don’t complain when things get tough. Instead, they see a common vision for the future and each person makes an unspoken commitment to building that future together. That’s the culture, the moxie, and the story of Aspida.

Our business focuses on annuities and life insurance. At first, it might not sound flashy, but that’s why we’re doing things differently than everyone else in our industry. We’re dedicated to developing data-driven tech solutions, providing amazing customer experiences, and applying an entrepreneurial spirit to everything we do. Our work ethic is built on three main tenets: Get $#! Done, Do It with Moxie, and Have Fun. If this sounds like the place for you, read on, and then apply at aspida.com/careers.

What We Are Looking For:

Aspida is seeking a highly experienced and motivated Global Chief Compliance Officer (GCCO) to lead our global compliance program. As GCCO, you will be responsible for developing, implementing, and maintaining a robust compliance framework across our operations in the United States, Bermuda, and the Cayman Islands. This role requires a deep understanding of the insurance and reinsurance industries, particularly as they relate to annuities, and the diverse regulatory landscapes. The GCCO will play a critical role in ensuring the company adheres to all applicable laws, regulations, and ethical standards across all operational jurisdictions. The GCCO will provide strategic direction and oversight to the global compliance team, fostering a culture of compliance and integrity throughout the organization. This role reports to the Chief Legal Officer and is required to be onsite 3 days a week at our Durham, NC headquarters.

What You Will Do:

• Develop, implement, and maintain a comprehensive global compliance program encompassing all relevant regulatory requirements in Bermuda, the Cayman Islands, and the United States.
• Provide strategic advice and guidance to senior management and the Board of Directors on compliance matters.
• Provide strategic guidance and leadership to the global compliance team, setting goals, priorities, and performance standards.
• Oversee the development and delivery of compliance training programs for employees at all levels.
• Conduct regular compliance risk assessments and implement appropriate controls to mitigate identified risks.
• Monitor and stay abreast of changes in global regulations and industry best practices, adapting the compliance program as needed.
• Collaborate with risk, internal audit, and other relevant departments to ensure alignment and effectiveness of compliance efforts.
• Manage investigations into potential compliance violations and implement corrective actions.
• Foster a strong culture of compliance and ethics throughout the organization.
• Liaise with regulatory bodies in Bermuda, the Cayman Islands, and the United States, and provide strategic direction on the Company’s regulatory engagement.
• Oversee policies and procedures related to anti-money laundering (AML), anti-bribery and corruption (ABC), data privacy, and other relevant areas.
• Collaborate with other departments, including Legal, Risk Management, and Internal Audit, to ensure a coordinated approach to compliance.
• Oversee and manage compliance-related budgets and resources.

What We Provide:

• Salaried, DOE
• Relocation available
• Full-Time
• Full Benefits Package Available

What We Believe:

Not sure if you meet every qualification? We still encourage you to apply! We value inclusivity, welcoming candidates from diverse backgrounds, including non-traditional paths. Unique experiences enrich our team, and the willingness to dream big makes you an exceptional candidate!

At Aspida Financial Services, LLC, we are committed to creating a diverse and inclusive environment and are proud to be an equal opportunity employer. As such, Aspida does not and will not discriminate in employment and personnel practices on the basis of race, sex, age, handicap, religion, national origin or any other basis prohibited by applicable law. Hiring, transferring and promotion practices are performed without regard to the above listed items.

Requirements

What We Require:

• Minimum of 10 years of experience in a senior compliance role within the insurance or reinsurance industry.
• Juris Doctor (JD) or equivalent legal qualification from an accredited institution
• Demonstrated knowledge of regulatory requirements in the United States, particularly those related to insurance and reinsurance.
• Experience with SEC & FINRA requirements for registered products.
• Experience developing and implementing compliance programs across multiple jurisdictions/regulatory frameworks.
• Strong leadership and management skills, with the ability to motivate and guide a team of professionals.
• Excellent communication, interpersonal, and presentation skills.
• Ability to work independently and as part of a team.
• Strong analytical and problem-solving skills.
• Certified Anti-Money Laundering Specialist (CAMS) certification preferred.
• Experience with regulatory examinations and inquiries preferred.
• Knowledge of data privacy regulations, such as GDPR and CCP preferred.
• Experience working with international regulatory bodies preferred.