VP, Chief Compliance Officer
VP, Chief Compliance Officer
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Salary Not Disclosed
1 Vacancy
Job Description
Job Summary
This role serves as the organizations Chief Compliance Officer for all aspects of the business including serving as the Chief Compliance Officer for Fidelity & Guaranty Securities Corp (FGSC) a registered broker dealer distributing F&Gs registered insurance products. This position reports to the SVP Chief of Government Regulatory and Compliance Affairs and is responsible for establishing enterprise-wide compliance vision driving data-informed decision-making fostering inclusive practices and leading with accountability while maintaining the highest standards of regulatory excellence.
The Chief Compliance Officer will lead a team consisting of: AVP Agent Monitoring & Anti-fraud Officer Director Legal Compliance and Director Product & Advertising Compliance and their respective reports.
The position requires interaction with personnel at all levels of F&G and FGSC as well as outside attorneys and regulators.
Duties and Responsibilities
Fidelity & Guaranty Securities Corp. Chief Compliance Officer/AMLCO
Maintain appropriate FINRA registrations (Series 6/26 Series 7/24 or Series 14) and provide comprehensive CCO/AMLCO services including:
- Develop and maintain detailed compliance programs testing regulatory filings updates alerts and annual employee training
- Conduct regular onsite and remote reviews including risk assessments trade reviews suitability and new account reviews correspondence reviews and marketing materials review
- Provide Annual Report under FINRA Rule 3120 and Annual Certification under Rule 3130
- Report violations recommend remedial actions and provide examination support for SEC/FINRA regulatory matters
- Develop implement and maintain anti-money laundering programs policies procedures and training
F&G Chief Compliance Officer
- Prioritize implementation and oversight of new regulatory requirements across business units
- Manage agent monitoring anti-fraud suitability best interest and Department of Labor regulatory compliance
- Lead and develop Compliance teams using collaborative cross-functional approaches while encouraging innovation and maintaining positive working relationships
- Assess companys compliance and market conduct risks developing procedures that enable competitive success while maintaining ethical standards
- Challenge existing compliance and operating paradigms to drive efficiency and effectiveness
- Manage Compliance Department expense budget identifying variances and recommending solutions
- Conduct staff meetings draft and monitor monthly action plans and review activity reports
- Prepare periodic updates to Chief Risk Officer and General Counsel
- Select retain and supervise outside counsel; negotiate fees and evaluate performance for cost efficiency
- Support product development compliance advertising review branding and marketing/sales/distribution initiatives
- Support Operations personnel in remediating regulatory audit and exam findings
- Draft procedures and policies for Operations and Distribution areas
- Provide compliance oversight for underwriting IT new business remediation and Contracts-Commission-Licensing
Special Projects
- Manage and complete special departmental and corporate projects for SVP Chief of Government Regulatory and Compliance Affairs
- Act as department liaison for compliance matters and corporate projects including Executive and Management Committee meetings
Leadership & Team Management
- Establish strategic compliance vision that drives organizational value and supports business growth objectives
- Enhance cross-functional collaboration between Legal Operations Distribution and business units
- Foster culture of direct candid feedback where speaking up is encouraged
- Establish metrics and analytics to measure compliance effectiveness and identify improvement opportunities
- Cascade information effectively from executive leadership to employee level
- Lead thoughtful conversations regarding compliance matters regulatory findings and strategic decisions
- Take ownership of compliance outcomes and drive cultural change that supports business growth
- Build trust through personal accountability and transparent decision-making
- Create environment where team members feel valued and empowered to contribute ideas
Experience and Education Requirements
- Law degree from a nationally accredited law school
- Minimum of 10 years legal and/or compliance experience in the financial services industry including experience in and knowledge of corporate or transactional matters as well as public company and registered broker dealer regulatory compliance
- Series 6/26 Series 7/24 or Series 14 license
- Knowledge of insurance company operations and distribution is strongly preferred
Knowledge Skills & Abilities
- Strong legal and compliance skills careful attention to detail and excellent reading comprehension skills for review and understanding of legal and compliance materials.
- Demonstrated management and leadership abilities
- Must possess strong persuasion and influencing capabilities
- Ability to empower direct reports to make suggestions for process improvements and to take ownership of projects etc.
- Ability to work in a dynamic environment and to effectively adapt to change
- Ability to perform in a fast-paced environment while addressing multiple projects and responsibilities
- Demonstrated strong organizational and analytical skills
- Must possess strong research skills and proficiency in Westlaw
- Must be proficiency in Microsoft Office applications spreadsheets and presentation software
- Strong interpersonal skills necessary to maintain effective working relationships with senior management employees at all levels outside attorneys agents state insurance department personnel etc.
- Excellent writing and oral communication skills
- Willingness to work in a collaborative environment
- Ability to organize and complete work with a minimum degree of supervision
- Willingness to actively participate in meetings decision making etc.
Other Requirements
- Perform other functions duties and projects as assigned.
- Regular and punctual attendance.
- Ability to travel up to 20%.
#LI-JB1
#LI-Remote
Additional Information
Work Environments
F&G believes in an employee-centric flexible environment which is why we offer the ability for in-office hybrid and remote work arrangements. During the hiring process youll work with your leader to decide what works best for your role.
F&G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities unless such accommodation would cause an undue hardship for F&G. If reasonable accommodation is needed to participate in the job application or interview process please contact
Join our employee-centric hybrid work environment: F&G Careers
About F&G
Since 1959 Fidelity & Guaranty Life Insurance Company (F&G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during lifes unexpected events.
As a national Top Workplace1 an Iowa Top Workplace2 and a proud equal opportunity employer F&G team members are empowered collaborative dynamic and authentic. We believe that by embracing these values we will continue to build and strengthen the company while continuing to be a great place to work.
1Top Workplaces USA
2Des Moines Register Top Workplaces
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Required Experience:
Chief
Employment Type
Full Time
