Compliance Officer

Compliance Officer

JOB SUMMARY :

Oversee and manage compliance within IPFS, ensuring that the company is complying with Federal and State regulatory and applicable statutory requirements (including those applicable to consumer lending) and internal compliance policies and procedures;

ensure that compliance programs (including training and monitoring) are in place that are effective and efficient in identifying and addressing general noncompliance with applicable rules and regulations and litigation risk, and to prevent and reduce fraud against IPFS.

KEY RESPONSIBILITIES :

• Assume leadership responsibility for compliance communications and updates to senior management and the Board of Directors, as well as communications between field manager and employees and compliance.
• Perform and document initial comprehensive risk assessment to assess the company's regulatory compliance risks and then perform periodic risk assessments thereafter.
• Work with Legal and the business to develop standards and controls, as necessary to mitigate material risks
• Develop and implement appropriate training programs for IPFS personnel on relevant laws, regulations, corporate policies and prohibited conduct.
• Monitor for compliance with applicable laws and regulations, and monitor the Company's anti-fraud program.
• Review all regulatory and other formal complaint responses for accuracy, regulatory and litigation risk. Ensure that complaint review and response program complies with regulatory best practice standards.
• Market conduct exams / regulatory inquiries - act as primary contact person for market conduct exams and direct process for gathering information and responding to exam requests.

Develop and direct responses to regulators, in consultation with the General Counsel.

• Compliance Resource for Operations & Sales - respond to questions and issues of a compliance nature from Operations, Sales and other areas and provide direction to protect the Company from risk.
• Monitor the Company's OFAC compliance process.

PREFERRED SKILLS :

• 5 Years experience in compliance
• Detailed knowledge of IPFS's products and services and the regulatory environment in which IPFS operates.
• In depth knowledge of compliance program best practices including the various aspects of an appropriate compliance management system (risk assessment process, developing standards and controls as needed, compliance training, and oversight / monitoring).
• Expertise in financial services compliance fundamentals, including OFAC, fair lending, information privacy, etc.
• Knowledge of project management methodologies and project management systems.
• Must be detail oriented and be able to manage multiple and sometimes competing tasks.
• Skill to make effective and succinct presentations to senior management.
• Must be able to determine priority of a task and reprioritize as needed.
• Must be able to identify and assess risks and problems and determine the best course of action to resolve the problem.
• Must be able to lead people and manage projects in order to insure compliance with regulations by associates at all levels of the organization (i.

e., ability to motivate others to accomplish objectives through effective training or otherwise).

EDUCATION QUALIFICATIONS :

• College graduate
• Law school graduate

You're legendary. We're hiring. Let's talk!

Apply today for an opportunity to join one of North America's top insurance premium financing companies. Since 1977, our company has grown to more than 500 Associates and 30 locations across the United States, Puerto Rico, and Canada.

Every day, we work to deliver on our Corporate Mission Statement : "To be the market leader by delivering innovative financial and technology solutions to help our Customers, partners, and investors achieve their goals."

How do we do that? By empowering and encouraging our Associates to provide products and legendary Customer service unparalleled in our industry.

For Our Associates

• At the office : Based on your location, we offer parking and commuter benefits programs to help make your commute a little easier.
• Getting started : We offer a comprehensive paid training program that will make you feel prepared and excited about your role.
• Staying healthy : Our wellness program, LiveWell, combined with our Employee Assistance Program (for when you need confidential support), help you keep an eye on short and long-term goals and any bumps that pop up along the way.

We are also proud to offer subsidies to support your health and fitness goals by providing gym membership subsidies.

• Preparing for your future : Imperial PFS offers a 401(k) with a company match
• Company culture : Our Associates are the foundation of our company and we want you to enjoy working here! With company lunches, corporate outings, and even the occasional ice cream truck, you never know what will pop up to make your day.
• Peace of mind : Our insurance benefits include medical, prescription, dental, voluntary vision, voluntary life / dependent life, group term life, and AD&D.
14 days ago