Description:
Role and Responsibilities: The Compliance Counsel is responsible for the daily oversight of the general Compliance Program and the laws and regulations governing the Company's business practices for the purpose of ensuring an effective, compliant Program. He or she works with the Chief Compliance Officer (“CCO”), Compliance Managers, and other managers throughout the Company to understand and assist in the mitigation of compliance and regulatory risks. He or she is responsible for ensuring that the Vice President, CCO is made aware of any new compliance and regulatory concerns that arise due to regulatory or business practice changes and is apprised of any escalations of issues that demand the prompt attention of senior management.Your responsibilities will include the following:
- Advise the Compliance Manager regarding any compliance functions and systems to ensure the maintenance of an effective Compliance Program and to ensure that the Company remains compliant with applicable laws, rules, and regulations.
- Coordinate with the CCO and Legal Department to research, interpret, and disseminate guidance throughout the Company regarding changes in federal and state laws applicable to the Company and its business.
- Oversee the investigation of Account Takeover and other fraud matters and ensure that confirmed fraud matters are recorded within the FraudShare system. Coordinate with other department managers who may be involved in these fraud investigations to ensure that systems and processes remain updated to meet current fraud risks.
- Draft and file required reports related to fraud occurrences such as Account Takeovers, Elder Financial Exploitation, check fraud, and money laundering.
- Conduct research and advise the CCO of updates and/or changes in regulatory guidance provided in Compliance training modules for agents and home office employees.
- Prepare regulatory required reports related to this Company's variable products. Gather information from various business units to be included in said reports. Timely file reports with the Securities and Exchange Commission.
- Conduct research and/or audits necessary to prepare compliance reports.
- Review, suggest revisions, and ultimately approve updated and amended policy forms and documents in Company Forms.
- Provide guidance and assist the Compliance Manager with occasional audits and complaint responses.
- Provide regulatory opinions, in consultation as necessary with other members of the Legal team or the CCO.
- Review and approve for compliance purposes any sales materials presented for review by Marketing, Advanced Sales, or others throughout the Company.
- Remain consistently aware of and develop skills for writing policies and procedures pertaining to new laws and regulations that impact our business.
Qualifications:
- Bachelor's Degree
- Juris Doctorate degree
- 5 years of legal work experience
- Membership in The Mississippi Bar
- AIRC completed within one (1) year
- CFE completed within two (2) years
- CAMS completed within three (3) years
- Strong organizational skills
- Strong analytical skills and problem-solving skills
- Ability to speak publicly and conduct meetings
- Ability to work with others effectively as exhibited through one's respect for people and commitment to teamwork
- Ability to perform the essential functions of the job as exhibited through one's growth in job knowledge and professional development