Geico - Richardson, TX

posted 3 months ago

Full-time - Manager
Richardson, TX
Insurance Carriers and Related Activities

About the position

GEICO seeks a Compliance Manager to lead the transformation of the Regulatory Change Management team and other regulatory compliance initiatives. The successful candidate will have passion and a proven track record for success in managing key initiatives with varied stakeholders, understanding and improving business processes, as well as identifying risks and potential gaps in the programs they are managing. This is a high-impact and high-visibility role requiring a critical thinker. This position reports to a member of the Controls, Compliance and Internal Audit Leadership Team. This is an exciting time to join GEICO and lead impactful changes in the organization's approach to regulatory compliance, managing risk, and shaping the future of our organization. As a Manager, you will play a critical role in ensuring our firm's compliance with evolving laws and regulations. If you are a self-starter with a strong understanding of the financial industry and a passion for navigating complex legal and regulatory landscapes, we encourage you to apply. Join us and be a part of our mission to provide exceptional service to our clients while maintaining the highest ethical standards.

Responsibilities

  • Develop and implement strategies to ensure the firm's compliance with legal and regulatory changes.
  • Monitor and analyze legal and regulatory developments that may impact the firm's operations.
  • Collaborate with various teams within the firm to identify potential risks and develop appropriate risk management strategies.
  • Conduct thorough research and analysis on legal and regulatory requirements to ensure accuracy and compliance.
  • Communicate changes in laws and regulations to relevant stakeholders and provide guidance on potential impacts.
  • Develop and maintain strong relationships with regulatory bodies and stay up to date on their requirements and expectations.
  • Coordinate with internal and external auditors to ensure compliance with legal and regulatory requirements.
  • Develop and maintain policies and procedures to ensure adherence to legal and regulatory requirements.
  • Conduct training sessions for employees to increase awareness and understanding of legal and regulatory changes.
  • Prepare and submit reports to senior management on the firm's compliance with legal and regulatory requirements.
  • Identify and escalate potential compliance issues to senior management and provide recommendations for resolution.
  • Stay informed about industry best practices and trends related to legal and regulatory compliance.
  • Mentor and train junior team members on legal and regulatory change management processes.
  • Uphold the firm's values and ethical standards in all aspects of the role.

Requirements

  • Bachelor's degree in law, finance, business administration, or related field.
  • 5+ years experience in legal and regulatory change management.
  • Strong understanding of regulatory requirements and experience with implementing changes to comply.
  • Knowledge of financial services and/or the insurance industries standards, risk management frameworks and key regulations.
  • Excellent project management skills and the ability to lead cross functional teams.
  • Strong communication and interpersonal skills with the ability to effectively communicate complex legal and regulatory changes to various stakeholders.
  • A business acumen partnered with a dedication to legality.
  • Highly motivated individual with the ability to learn; methodical and diligent with a high degree of attention to detail.

Benefits

  • Dental insurance
  • Health insurance
  • Paid training
  • Parental leave
  • Tuition reimbursement
  • Vision insurance
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