Director - Compliance

All Boston Mutual employees who interact with our policyholders, our producers, and our BML associates embrace the principles of our brand and service philosophy.
We are all brand ambassadors.
Both our words and our behaviors matter.
We share a common service philosophy and pride ourselves in living the BML brand promises every day, one interaction at a time.
The following statements represent what Boston Mutual stands “FOR” – it is what makes us different and better in the market we serve.
We are FOR being a progressive life insurance company offering financial peace of mind to working Americans and their families.
We are FOR providing practical and affordable products designed for those we serve.
We are FOR making it easy to secure a level of financial protection with a portfolio of products – beginning with life insurance.
We are FOR providing a personalized customer experience to our policyholders and producers.
We are FOR acting in the best interests of our policyholders, producers, employees and the communities in which we live and serve – representing the goodness of mutuality in all we do.
We do our best to: Demonstrate a desire to assist Listen for understanding and respond empathetically Explain things in a manner that is easy to understand Be knowledgeable students of our business Take full ownership to resolve questions and issues Be professional, polite and courteous Leave our customers and associates “better than where we found them” Statement of Position The Director of Compliance and Regulatory Issues reports directly to the Vice President, Chief Compliance, Privacy and Anti-Money Laundering Officer and is expected to: Have an in-depth understanding of USA Patriot Act, Privacy, Fraud and other relevant laws and requirements Develop, maintain and manage all aspects of Anti-Money Laundering (AML) and Customer Identification Programs (CIP) Conduct and provide relevant analysis of AML, Fraud, and Privacy risk assessments of the Company and individual departments Effectively collaborate with and communicate requirements to business stakeholders Independently analyze and manage data incidents, responses and reporting Perform ongoing compliance monitoring activities Maintain well documented and accurate policy and procedure documentation Manage through ambiguity by being resourceful to seek and offer appropriate solutions to take action Apply knowledge of the business to effectively perform job duties that help meet strategic business objectives Ensure advertising and marketing materials are compliant Actively participate on various projects as subject matter expert, providing quality analysis and sound decision making Utilize current knowledge to assess and make recommendations for process improvements/changes Provide back up support to the Chief Compliance Officer (CCO) Oversees all areas of compliance throughout the entire company and contributes to mediate risk management of these areas.
Develops, initiates, maintains, and revises policies and procedures for Compliance Program and its related activities to prevent illegal, unethical, or improper conduct in relation to all levels of the company.
Manages day-to-day operation of the Program.
Collaborates with other departments (e.
g.
, HR, IT, Finance, Facilities) to oversee compliance with mandates and direct compliance issues to appropriate existing channels for investigation and resolution.
Responds to alleged violations of rules, regulations, policies, procedures, and Standards of Conduct by evaluating or recommending the initiation of investigative procedures.
Develops and oversees a system for uniform handling of such violations.
Directs and monitors, and as necessary, coordinates compliance activities of other departments to remain abreast of the status of all compliance activities and to identify trends.
Identifies potential areas of compliance vulnerability and risk; develops/implements corrective action plans for resolution of problematic issues, ensures corrective measures are completed and validates change has been made via follow up audits and provides general guidance on how to avoid or deal with similar situations in the future.
Provides reports on a regular basis, and as directed or requested, to keep the Chief Compliance Officer informed of the operation and progress of compliance efforts.
Ensures proper reporting of violations or potential violations to duly authorized enforcement agencies as appropriate and/or required.
Establishes and provides direction and management of the compliance needs.
Institutes and maintains an effective compliance communication program for the organization.
Oversees an effective compliance training program, including appropriate introductory training for new employees as well as ongoing training for all employees and managers.
Responsible for the development and maintenance of a comprehensive tracking system for all departments Compliance activities.
Develops audit instruments.
Prepares reports for the CCO Qualifications Education: Bachelor’s Degree required Experience: 5+ years of compliance or related experience required Knowledge Requirements: Requires in-depth understanding of compliance laws and regulations Strong business acumen Excellent verbal and written communication skills Life insurance product knowledge preferred Hybrid Work Model At our Omaha location, employees will be working either Mondays & Tuesdays on site or Wednesdays & Thursdays on site due to limited space at this time.
At our Canton location, employees will be on site Monday - Thursday Boston Mutual is an equal opportunity employer.
Boston Mutual is an equal opportunity employer, and does not discriminate on the basis of race, color, age, religious creed, national origin, ancestry, sex, sexual orientation, gender identity, genetic information, disability, military service, veteran status, family status, pregnancy, or any other characteristic protected by federal or state laws.
Boston Mutual is a drug-free workplace, and any offer extended will be contingent upon appropriate results of a drug test.
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