Job Description
Industry: Benefits Administration
Title: Director of Compliance
Location: NYC
Schdeule: Hybrid 2 days onsite
Type: Fulltime ***Must have experience with Retirement Plans or Pension Plans, along with strong communication skills. This is an individual contributor role that will report to the Chief Legal Officer. Summary:
The Director of Compliance oversees and manages the Fund’s compliance program to ensure that the organization is upholding best practices, fostering ethical behavior and maintaining standards and operates in accordance with regulatory requirements, law and policies. As the compliance leader, the incumbent is responsible for analyzing and assessing strategic, financial, compliance, and operational risks across the Fund’s operations and, in coordination with operational and compliance subject matter experts designing and stewarding effective compliance management strategies, structures, and processes.
Responsibilities
• Develop and recommend enhancements to established compliance framework designed to identify, prevent, detect and mitigate violations of applicable law or Fund’s policies
• Responsible for implementing and maintaining compliance monitoring, updating policies & procedures, reporting, testing, and applying regulatory guidance as well as industry best practices, and identifying and managing regulatory risk with internal controls
• Work with the business to resolve significant breaches and violations of such policies, and external reporting when required
• Promote, protect, and set the tone to reflect the Fund’s reputation for ethics, integrity, and honesty in all dealings
• Assist the management team in dealing with regulators, auditors, and operations regarding regulatory exams and inquiries.
• Provide compliance support for new product initiatives
• Integrate industry benchmarking and best practices through ongoing research, education, and industry affiliations
• Collaborate with the legal team to analyze changes to regulatory requirements and proactively manage regulatory developments and changes
• Identify, develop, organize, and deliver necessary compliance related training, and reinforce all compliance-related communications
• Collaborate with the ERM team and operations in general to address necessary compliance related changes
Education and Experienc
• Bachelor's degree. Advanced degree a plus
• Strong Leadership qualities
• Eight years plus of relevant retirement/pension compliance experience, including experience with developing, implementing, and maintaining written policies and procedures governing retirement/pension plan compliance activities
• Expertise and knowledge of retirement/pension plan regulations, ERISA, and operations
• Ability to interpret rules and analyze complex issues
• Strategic mindset and an ability to contribute to the direction of the business and the development of a compliance structure
• Communication, analytical, and project management skills
• Strong relationship management and leadership skills are desired including experience and ability in dealing with senior management
• Experience in leading, inspiring, and developing a team in support of the business initiatives
Estimated Min Rate : $140,000.00
Estimated Max Rate : $185,000.00
Note: Any pay ranges displayed are estimations. Actual pay is determined by an applicant's experience, technical expertise, and other qualifications as listed in the job description. All qualified applicants are welcome to apply.
Yoh, a Day & Zimmermann company, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Visit to contact us if you are an individual with a disability and require accommodation in the application process.
For California applicants, qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. All of the material job duties described in this posting are job duties for which a criminal history may have a direct, adverse, and negative relationship potentially resulting in the withdrawal of a conditional offer of employment.
Job Tags
Full time,