AVP, Compliance & Market Conduct

What you can expect as the AVP, Compliance & Market Conduct :

Serves as primary regulatory advisor to Chief Compliance Officer (CCO) on compliance for Sammons Financial Group Companies on regulatory, market conduct, product, project, record retention, governance and strategic initiatives.

Provide compliance guidance on matters including, but not limited to, operational concerns, market conduct issues, regulatory review and implementation, market conduct exams (MCEs), training program / initiatives and strategic initiatives.

Other accountabilities include the review and communication to internal business units and external parties on new or revised legislation and implementation of those projects, whether business driven or regulatory requirements.

Will also provide oversight and guidance of regulatory implementation workflow, process, implementation and appropriate reviews.

Provide regulatory interpretation guidance to business partners. Provide oversight of Market Conduct team that manages exam work and other regulatory responsibilities.

• Provide interpretation of regulatory matters, laws and regulations.
• Provide oversight of the regulatory implementation process with an eye toward innovation and continuous improvement. Use established industry knowledge and expertise to provide regulatory interpretation, drive implementation efforts and ensure documentation of compliance.
• Oversee the Market Conduct and Project teams and ensure compliance initiatives strategically align with Company initiatives.
• Provide guidance and vision that positions the team for success and meets business objectives.
• Provide compliance governance guidance and related strategic support to department leadership.
• Create and continuously improve Compliance reporting for senior management.
• Lead a variety of Compliance initiatives and projects as needed.
• Assist and provide support for MCEs, product initiatives, strategic initiatives, regulatory inquiries such as enforcement investigations, regulatory analysis and drive implementation guidance.
• Provide compliance guidance regarding training program initiatives and drive development of said program.
• Garner the confidence of senior management by demonstrating the ability to effectively analyze regulation and guide implementation efforts at any level within the Company.
• Participate in the development of new policies and procedures to respond to new regulatory requirements and provide guidance to Compliance and the business regarding the same.
• Stay actively engaged with external entities and industry groups to stay apprised of proposed regulatory actions, keeping industry knowledge current but also offering keen insight as to what the Company can expect on the horizon.
• Oversee the continuous revision / updating of manuals to ensure currency with new / amended regulatory requirements.
• Maintain and develop good relationships with both internal and external customers by handling tasks in a timely and professional manner.
• Facilitate Compliance led meetings with business partners and leadership.
• Facilitate training and education among home office employees, agents, and representatives.
• Provide compliance guidance regarding regulatory matters.
• Collaborate with other Company departments to formalize and maintain written policies and procedures, and ensure adequate controls are in place to prevent, detect, and mitigate regulatory and risk matters.
• Oversee the continuous revision / updating of manuals to ensure currency with new / amended regulatory requirements.
• Provide training, coaching and development for all direct reports, utilizing Performance Management system as a key tool.
• Provide training and continued education to both new and existing personnel to ensure adequate knowledge of responsibilities and to ensure staff has received adequate cross training on all functions performed in the department.
• Use SCS concepts and / or other practices to assist manager with incorporating the shared values and division vision and mission statement into the department.
• Drive and reinforce commitment to internal controls processes such as those under Model Audit Rule and Record Information Management.
• Commitment to embrace Sammons Financial Group Companies shared values (Accountability, Connection, Openness, Respect and Integrity).
• As stated within the Company Attendance and Punctuality policy, regular attendance is required and expected in order to meet the business service levels and workflow demands.

What we are looking for :

• Juris Doctorate Degree preferred
• Minimum years' insurance compliance experience with established success in insurance regulation analysis and interpretation preferred
• Thorough knowledge of applicable insurance and general corporate governance laws and regulations
• Experience with a wide variety of insurance company functions
• Excellent written and verbal communication skills
• Excellent Spreadsheet, Power Point, and Word Processing skills
• Extensive report development experience and policy / procedure development experience
• Excellent and effective communication skills including one-on-one interactions with employees of all levels
• Ability to quickly assimilate information relating to complex issues
• Demonstrated skill in influence management within multiple business, cultural and interpersonal environments
• Integrity and commitment to the highest ethical standards and personal values
• Exceptional problem solving skills
• Strong people skills and management skills
• Ability to manage through issues successfully and tactfully
• Ability to work independently and manage multiple tasks simultaneously
• Due to the financial nature and level of accountability of this position, a credit and criminal background check is required - The Fair Credit Reporting Act requires Sammons Financial Group Companies to notify you that, as a routine part of processing this application for employment, Sammons Financial Group may request a consumer report on you to verify all information contained in this application.

Such report may include information about work-related behaviors, performance, character, general reputation, and personal characteristics, in addition to information about your previous employment, education, credit history and criminal records

Travel :

Occasional travel to conferences and office locations as necessary

Sammons Financial Group Companies offers some of today’s most sought after life insurance, annuity, retirement planning products and portfolio-management solutions.

Unlike most financial organizations, our companies are not publicly traded, which means we’re focused on long-term value rather than short-term earnings pressures.

As a privately held company, our leaders and employees remain consistently focused on long-term growth, making decisions that allow us to deliver on our commitments to customers, distribution partners, our employees, and our communities.

Individually, our companies provide value in the products and services they offer. Together we represent a history of strength and longevity.

What you can expect when you join Sammons Financial Group :

• A company you want to be a part of, driven by inspiring leaders and a fun, friendly work environment.
• Colleagues who support one another, model our core values, and drive our healthy, high-performing culture.
• Healthy balance between work and personal lives. Friday afternoons off all year long, competitive PTO, and generous number of paid holidays.
• Our competitive benefit package includes : Health, Dental, Vision, Company Paid Retirement, PTO and Holiday Pay.
• A generous retirement program. Our Employee Stock Ownership Plan (ESOP) is a % company funded retirement plan, so you can save for retirement without contributing a penny of your own paycheck.
• A company that celebrates diversity, is committed to inclusion, and is proud to be an Equal Opportunity Employer. We comply with all federal and state equal employment opportunity laws and do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, marital status, sexual orientation, veteran status or any other characteristic protected by federal, state or local law.

Work Authorization / Sponsorship

At this time, we’re not considering candidates that need any type of immigration sponsorship now or in the future or those needing work authorization for this role (This includes, but is not limited to students on F-OPT, F-CPT, J-, etc.)

Pay Range : $, - $,

Range includes data points from multiple labor markets. Specific range is dependent on the labor market where the incumbent will be hired to perform the position.

Starting salary is dependent on candidate qualifications and experience. For a narrower salary range specific to your labor market, please inquire.

• Sammons Financial Group offers incentive programs for defined goals subject to eligibility and performance. Monetary rewards are based on individual and / or overall company performance.
• Our competitive benefit package includes : Health, Dental, Vision, Company Paid Retirement, PTO and Holiday Pay.
26 days ago