What are the responsibilities and job description for the Regulatory Compliance Associate (Hybrid) position at Protective?
Under supervision of the Director of the Compliance Testing Group “CTG, the Associate performs risk-based evaluations of Protective Life Corporation and its subsidiaries’ regulatory compliance, adherence to policies and procedures, and operational effectiveness through the timely execution of compliance testing engagements.
The Associate will conduct testing engagements; document the scope; findings; conclusion and remediation in a formal test report. This position will work closely with the Director to ensure effective and quality results are delivered.
The Associate will also:
- Research regulatory requirements and establish testing criteria.
- Request data and perform testing.
- Discuss findings with compliance and business partners.
- Communicate test results to impacted management partners via oral and written reports.
- Support the development and completion of remediation plans by business partners to ensure identified risks are addressed.
- Participate in projects as assigned.
General areas of focus:
- Market Conduct Preparedness
- New and existing regulation
- Remediation of State DOI examination findings and recommendations
- Corporate policies
- Third party contracts and agreements
- Acquisitions
- Life and Annuity Operations
- SEC Rule 38a-1 compliance
Qualifications:
- Bachelor’s degree preferred.
Experience:
Five years of experience (any combination):
- internal auditor
- financial institution operations
- compliance professional
- life & annuity operations
- regulatory examinations
- SEC Rule 38a-1
- Variable life and annuities
Knowledge, Skills and Abilities:
- Demonstrated knowledge of state and federal laws and regulations covering Protective’s suite of products and services preferred.
- Demonstrated ability to perform statistical analyses of operational and financial data.
- Ability to perform tests under general supervision and draft reports.
- Demonstrated organizational skills and ability to prioritize effectively.
- Attention to detail.
Computers and Technology: Proficient in Microsoft Office Suite, with a heavy emphasis on Microsoft Excel. Experience with Archer and audit data analysis/extraction tools a plus.
Certificates, Licenses and Registration: Certified Public Accountant (CPA), Certified Internal Auditor (CIA), and/or Certified Fraud Examiner (CFE), or Certified Regulatory Compliance Manager preferred.
Protective’s targeted salary range for this position is $51,500 to $72,000. Actual salaries may vary depending on factors, including but not limited to, job location, skills, and experience. The range listed is just one component of Protective’s total compensation package for employees.
This position also offers additional incentive opportunities through an annual incentive based on individual and Company performance.
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Salary : $51,500 - $72,000
