Intermediate-Regulatory-Compliance-Analyst

Job Description

Job Description Summary
The people of Transamerica bring expertise, creativity, heart and diverse thought to everything that we do-and to the communities where we live and work. Do you have experience investigating consumer complaints, corresponding with regulators, and working on compliance examinations? Are you an organized and detail-oriented person with excellent writing, communication, and analytical skills? Are you interested in being part of a winning team that will help to establish our company as an industry leader? If your answer is yes, we are looking for you!
Job Description

What You Will Do: The Intermediate Compliance Analyst will help to mitigate legal exposure/risk to the organization by enforcing company policies, procedures and regulatory requirements. They should possess and apply a broad knowledge of concepts; work with some instruction or guidance with applicable latitude for un-reviewed action or decisions; as well as perform more complex assignments with direction and guidance from management.

What You Will Learn: You will be working with a team of engaged professionals who bring fresh ideas and diverse perspectives to help us continually shake up the status quo and stay on the forefront of reinventing our compliance processes and policies as they relate to Regulatory Compliance. You will learn what it means to work for a company that focuses on risk management and process improvement, enabling us to perform at the level we need to transform and grow our business.

What Success Looks Like:

• Responsible for reviewing current policies and procedures; identify and help to implement new and/or enhanced practices.
• Contribute to the development of new and/or enhanced compliance programs and enterprise-wide initiatives.
• Research current, new, and proposed regulatory requirements (e.g., statutes, regulations, bulletins) to determine impact to organization.
• Provide guidance and/or develop summaries related to regulatory requirements; identify possible courses of action for various departments.
• Responsible for analyzing processes, services and products and provide ongoing guidance to ensure compliance with regulatory and statutory requirements.
• Compile information for completion of reporting, including reports for management and state/federal regulators. Depending on complexity of the request, perform analysis, identify trends and follow up on opportunities for enhancement.
• Manage, oversee and analyze reports from third-parties (e.g., sub advisors, audit firms)
• Provide guidance and support to business partners (e.g., Sales and Marketing) in creation of mandated product training.
• Update and maintaining complete and accurate policies, procedures, compliance logs or files.
• Assist team members with research and assigned tasks, and provide training to supported teams.

Complaint Management

• Review and respond to complaints received from customers or regulators (e.g., state insurance department, FINRA, SEC, customer)
• Identify root causes of customer complaint; suggest opportunities for enhancements.
• Compile complaint procedures and records in support of regulatory examination requests.
• Ensure timely regulatory disclosure of complaints is made if applicable

Management of Regulatory and Internal Examinations/Investigations

• Gather information for regulatory (e.g., state insurance department, FINRA, SEC) and internal examinations.
• Review provided information for completeness and accuracy.
• Assist in drafting responses to examiner inquiries.
• Assist in identifying root causes of adverse findings and suggest opportunities for enhancements.

Securities Compliance

• Work closely with CCO in management and coordination of applicable securities industry compliance program.
• Foster a culture of compliance to help prevent, detect, and correct violations of securities rules and regulations.
• Provide assistance to support and educate business partners, representatives and supervisors.
• Assist in compiling information for Regulatory filings such as the Form BD and Form ADV.
• Assist in managing internal and regulatory inquiries and investigations involving representatives.
• Assist in reviewing and responding to customer complaints and regulatory inquiries (e.g. FINRA, SEC) with direction from senior levels.
• Assist in periodic testing to ensure compliance with applicable regulations.
• Coordinate and conduct meetings and interviews with business process owners and staff; gather data, procedures, and other documentation necessary for performing assigned compliance testing.
• Review internal controls and compare records, operating practices, and documentation with test attributes applicable to assigned tests.
• Document compliance tests and findings; appraise adequacy of internal compliance controls, propose recommendations and coordinate/document corrective action.

What You Need:

• Bachelor’s degree in business, marketing, pre-law or other relevant field, or equivalent education and experience.
• Two years of regulatory, securities, or advertising compliance experience.
• Areas of experience desired may vary based upon assigned compliance functions and may include contract development, claims, underwriting, legal research, fraud or anti-money laundering investigations and/or communications.
• Written and verbal communication skills.
• Analytical and research skills.
• Proficiency using MS Office tools.

Preferred Qualifications:

• Securities and some advertising industry positions require a general knowledge of the securities laws, regulations, rules, and applicable FINRA licensing (Series 7 & 24 or Series 6 & 26, as applicable).

What You Receive:

A Comprehensive Wealth + Health package. It’s our passion to empower people, and especially our employees, to add years to their lives and more life to their years. That means a healthy account balance and a healthy body to match. As you’ll come to discover, Wealth + Health is a central part of everything we do!

Wealth Benefits ; Competitive Pay, Bonus, and Benefits Package; Pension Plan, 401k Match, Employee

Stock Purchase Plan, Tuition Reimbursement, Disability Insurance, Stock Purchase Plan, Employee

Discounts, Career Training & Development Opportunities, Certification Sponsorship

Health and Work/Life Balance Benefits ; Be Well Company sponsored holistic wellness program which includes Wellness Coaching and reward dollars, Parental Leave, Adoption Assistance, Employee Assistance Program, College Coach Program, Back-up Care Program, Paid Time Off to Volunteer, Employee Matching Gifts Program, Employee Resource Groups, Inclusion and Diversity Programs, Employee Recognition Program.