Director of Compliance

Full Time
Newport Beach, CA 92660
$211,600 a year
Posted Today
Job description
Job Description:
How you will make an impact:
Decisions about how Pacific Life interprets and applies legal, regulatory & consumer expectations into business processes and procedures result in consumer protections, financial strength, and competitive advantage. The enterprise-wide compliance and ethics program is built to meet those expectations and aspires to work within a defined and repeatable cycle that supports the business in achieving its goals. Program effectiveness properly aligned with enterprise-wide expectations is a foundational capability that provides the framework for long term business success.

Program Development
Work with compliance, law, and business SMEs to develop strategic, risk-based and documented compliance programs, including new, emerging and evolving topics for PL. Examples include:
State specific compliance program requirements
Formalization and documentation w/in the Integrated Risk Platform
Structured 2nd line oversight programs that are designed to ensure sufficient role clarity (including delegated roles) for effective assessment, analysis, and validation of program design & execution activities.
Partnering with new divisions and/or line of business owners to document compliance procedures
Lead consistency efforts to effectively reflect uniform PL state compliance and ethics programs that apply across all business lines. Examples include:
Sales and Marketing Compliance Program,
Global Privacy Program (reflects US, & international expectations in addition to HIPAA)
Anti-bribery and anti-corruption

Risk Pillar & Business Alignment
Drive a mature program for meaningful engagement with the Integrated Risk Platform as the voice of compliance across all users.
Ensure compliance visibility and usage of the system is effective and efficient.
Coordinate with CCO and risk pillar leads to ensure seamless knowledge sharing and symbiotic benefits of program efforts.

Risk Assessments and Maturity Initiatives

Risk Assessments are crucial to understanding the effectiveness and opportunities of each component of the compliance and ethics program.
Partner with program owners to conduct and document periodic risk assessments as appropriate for each component of the program.
Prepare analysis and results of risk assessments for various audiences including program owners, the Pacific Life Compliance Committee, Management Committee, and applicable Board reports.
Maintain appropriate documentation of program enhancements that support the Key Risk Review Team and Program Owners

The experience you will bring:
Clear understanding of Pacific Life priorities and how our different business areas incorporate consumer protections and regulatory requirements into strategic and operational decisions.
Ability to assess the effectiveness of processes, policies, and procedures.
Capability to generate recommendations to business & compliance program owners that reflect priorities and efficient resource allocation, addressing risks from key laws and regulatory schematics including State Insurance, SEC & FINRA.
10+ years of experience in the Insurance Industry including variable product experience.

What will make you stand out: Demonstrated success:
Maturing and building effective risk-based compliance programs
Working with industry peers and partners to benchmark and incorporate best practice activities
Influencing a culture of compliance.
Building effective cross functional teams.
Strong communications that influence and facilitates desired outcomes.
Ensures productivity through clear communications, resource allocation and quality decision making.

More reasons to join:
At Pacific Life, the work we do matters. We work passionately each day to drive our company forward while enjoying job security, flexible scheduling, and great opportunities for career growth.

If you’re seeking a thriving career doing the type of meaningful work that’s all too rare at a Fortune 500 Company, Pacific Life is the place for you. If you are a self-starter who appreciates creativity and individuality in your colleagues – even better. We look forward to receiving your application.

You belong at Pacific Life
At Pacific Life we believe you belong. We foster a culture of belonging, a space where all employees are empowered to be authentic. We embrace and celebrate diversity, create a culture of equity and inclusion, and value and respect every employee. ​

Want to learn more about life at Pacific Life? Take an inside look at our company culture: Instagram.com/lifeatpacificlife.

Base Pay Range:
The base pay range noted provides a basis to determine the appropriate offer dependent upon several factors including but not limited to geographic location, experience, skills, education and pay equity. Also, most employees are eligible for additional incentive pay.

$125,400 -$156,700 - $211,600

Base Pay Range:
The base pay range noted provides a basis to determine the appropriate offer dependent upon several factors including but not limited to geographic location, experience, skills, education and pay equity. Also, most employees are eligible for additional incentive pay.

Your Benefits Start Day 1

Your wellbeing is important to Pacific Life, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.

Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents

Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off

Paid Parental Leave as well as an Adoption Assistance Program

Competitive 401k savings plan with company match and an additional contribution regardless of participation

EEO Statement:
Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.

jjbodyshop.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, jjbodyshop.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, jjbodyshop.com is the ideal place to find your next job.

Intrested in this job?

Related Jobs

All Related Listed jobs