Posted:
7/21/2024, 5:00:00 PM
Location(s):
Chicago, Illinois, United States ⋅ Richardson, Texas, United States ⋅ Texas, United States ⋅ Illinois, United States
Experience Level(s):
Senior
Field(s):
Legal & Compliance
Workplace Type:
Hybrid
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 organizations 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.
Qualifications:
Bachelors 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.
Location: This hybrid role involves on-site presence at least 3 days per week at our office locations Dallas, NYC, Chevy Chase, and Chicago
Benefits:
As an Associate, you’ll enjoy our Total Rewards Program* to help secure your financial future and preserve your health and well-being, including:
*Benefits may be different by location. Benefit eligibility requirements vary and may include length of service.
**Coverage begins on the date of hire. Must enroll in New Hire Benefits within 30 days of the date of hire for coverage to take effect.
The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race, color, religious creed, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability or genetic information, in compliance with applicable federal, state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.
GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.
Website: http://www.geico.com/
Headquarter Location: Chase, Maryland, United States
Employee Count: 10001+
Year Founded: 1936
IPO Status: Private
Industries: Auto Insurance ⋅ Financial Services ⋅ Government ⋅ Insurance ⋅ Internet ⋅ Mobile