Chief Compliance Officer, Optum Financial

$188,000 - $357,600/Yr

UnitedHealth Group - Eden Prairie, MN

Full-time - Executive

Remote - Eden Prairie, MN

Insurance Carriers and Related Activities

About the position

The Chief Compliance Officer (CCO) for Optum Financial is a strategic leadership role responsible for overseeing the compliance program for Optum Financial and Optum Bank. This position involves providing guidance on compliance, ethics, and regulatory issues to executive leadership, ensuring the organization adheres to applicable laws and regulations while promoting a culture of compliance. The CCO will collaborate with various stakeholders to develop and implement compliance strategies, manage compliance professionals, and engage with regulators, all aimed at supporting the growth and integrity of Optum's financial services offerings.

Responsibilities

• Create and drive comprehensive compliance strategy for Optum Financial and Optum Bank.
• Provide leadership and guidance to Optum Financial executive leadership and business teams on compliance, ethics, and regulatory issues.
• Create strategy to establish and measure a top-down culture of compliance and ethics.
• Manage compliance professionals supporting Optum Financial and provide strategic oversight to the Optum Bank compliance program.
• Accountable for the overall Optum Financial and Optum Bank compliance function.
• Develop, implement, and update policies, procedures, processes, and best practices to promote compliance.
• Develop, implement, and update training and educational materials to support compliance agendas.
• Conduct routine monitoring and annual compliance risk assessments.
• Enforce standards through disciplinary guidelines in partnership with the People team.
• Respond promptly to detected offenses and undertake corrective action.
• Identify relevant information for executive leadership and board reporting.
• Manage communications and compliance engagement with regulators.
• Collaborate with business and operations to ensure compliance with laws and regulations.

Requirements

• JD or other relevant advanced degree preferred or at least 10 years of relevant compliance and regulatory experience.
• 5+ years leading compliance and regulatory functions in the financial services industry.
• Solid knowledge of compliance and regulatory matters relevant to the financial services industry.
• Solid communication skills and business acumen.
• Experience working with senior executives.
• Self-starter with a proven track record of driving results in a heavily matrixed environment.
• Solid leadership skills with demonstrated ability in managing and developing others.
• Collaborative, innovative, accountable, and agile team leader.
• Excellent strategic decision-making, analytic, influence, and communication skills.

Benefits

• Comprehensive benefits package
• Incentive and recognition programs
• Equity stock purchase
• 401k contribution