Compliance Associate (Charlotte, NC (Hybrid) or Morristown, NJ (Hybrid) or Remote)

Where you’ll work :

Our flexible, hybrid work model offers the option to work remotely or in the office.

How you’ll contribute :

As a Compliance Associate, you’ll be responsible for supporting the Brighthouse’s Regulatory Affairs Programs within the Compliance Programs & Contracts Law organization.

In this role, you will be responsible for managing the Regulatory Risk Management Program and coordinating oversight and reporting efforts among the Company’s various risk management programs.

You will have the opportunity to contribute to projects that will have direct and immediate benefits to the Regulatory Affairs programs and you will work with professionals across Compliance, Legal, and Operations to administer and improve these programs.

In this role, you’ll get to :

• Manage an effective, compliance-wide Regulatory Risk Management program, which includes ongoing oversight monitoring and testing, quarterly risk assessments, and ongoing issue remediation efforts.
• Coordinate oversight efforts among the Company’s second and third line of defense functions, including Corporate Risk, IT Risk, and Internal Audit, by generating Company-level reporting, streamlining the various oversight test plans, and optimizing the Company’s risk management tool, OpenPages.

Work in this area will also involve receiving feedback and taking direction from the other risk functions described above.

• Develop and deliver regular reporting to senior management and Company boards of directors documenting risk assessment results and remediation plan updates.
• Obtain, analyze, and synthesize data relating to the Regulatory Risk Management Program’s risk inventory, monitoring and testing, quarterly risk assessments, and issue remediation processes.
• Lead or oversee control weakness remediation through action plans, or additional monitoring and testing.
• Support projects to implement new and / or modified, data-driven oversight programs, including developing improved Key Risk Indicators.
• Review the current regulatory environment to identify potential enhancements to the Regulatory Risk Management Program necessitated by new and pending legal and regulatory requirements introduced by applicable regulators, including state insurance departments, state securities divisions, FINRA, and the SEC.
• Perform testing and monitoring and become the subject matter expert of key state and federal regulatory risks and market conduct activities such as replacements, NY Regulation 60, and SEC rules subject to Rule 38a-1 of Investment Company Act of 1940.
• Identify and effectively communicate any test findings to various business partners, lead remediation of the issues identified, and document corrective action as appropriate.
• Support regulatory surveys and annual filings and responses to regulatory inquiries and exams from state insurance regulators, the SEC, and FINRA.
• Perform other duties to assist Compliance leadership as assigned or required.

We’re looking for people who have :

• A bachelor’s degree (preferred)
• 5+ years of relevant experience in the insurance industry or in financial services performing in a capacity related to compliance, audit, legal, regulatory affairs or another related area
• Intellectual curiosity, flexible and adaptable mindset
• Excellent verbal and written communication skills & strong attention to detail
• FINRA Series 6, 7, 24, 26, or other securities registrations a plus
• Knowledge of regulatory requirements in financial services industry, including insurance and securities industries
• Excellent analytical, investigative, and writing skills
• Microsoft Office (Word, Excel, PowerPoint) competency

Research shows some people may not apply for a role if they don’t check all the boxes of a job description. If you don’t check every box listed, that’s okay.

We would love to hear from you.

What you’ll receive :

• Compensation Base salary ranging from $90,000 - $110,000 plus competitive performance-based incentives determined by company and individual results.
• Flexible Work Environment Work remotely or in the office to better thrive in all areas of life.
• Paid Time Off Recharge with a minimum of 20 days of paid time off and 16 paid company holidays per calendar year plus paid volunteer time and paid study time.
• Financial Health Work toward achieving your financial goals through our 401(k) savings plan with company match (up to 6%) and annual company nondiscretionary contribution (3%), 15% employee stock purchase plan discount, and financial counseling services.
• Health and Wellness Enjoy competitive medical, vision, and dental plans plus tax-free health savings accounts with potential company contributions up to $1,000 per family.
• Family Support Care for loved ones with up to 16 weeks of paid leave for new parents, back-up dependent care, dependent care flexible spending account, and up to a $25,000 lifetime maximum during your adoption, infertility, or surrogacy journey.
• Life and Disability Support Gain access to company-paid basic life insurance and short-term disability insurance.

The company and your department may occasionally gather in person throughout the year to foster a culture of belonging and promote team building.

We’d love for you to join us during those company-wide and department-wide events to help you strengthen connections across the company.

Why join us?

Brighthouse Financial is on a mission to help people achieve financial security. Our company is one of the largest providers of annuities and life insurance in the U.

S.,* and we specialize in products designed to help people protect what they’ve earned and ensure it lasts.

We empower employees to collaborate, bring their passion to work, and make an impact. Our inclusive work environment fosters a culture that celebrates diverse backgrounds and experiences.

You can find out more about our company culture by visiting brighthousefinancial.com / about-us / careers / .

We’re proud to be one of the largest providers of annuities and life insurance in the U.S.* and recognized as one of the Healthiest Employers of Greater Charlotte by the Charlotte Business Journal.

We’re also honored to be named to Newsweek’s list of Most Trustworthy Companies in America.

• Ranked by 2022 admitted assets. Best’s Review® : Top 200 U.S. Life / Health Insurers. AM Best, 2023.
30+ days ago