Compliance Consultant

MassMutual • Springfield, MA

224d • $113,100 - $148,400 • Remote

About The Position

As a Relationship Manager, you are critical to delivering a positive business partner experience by providing holistic and creative compliance solutions. The candidate must be able to detect and assess compliance risk and identify emerging trends that may impact multiple business lines. Relationship Managers must understand the business areas that they support including product offerings, distribution models, operations and technology. The ideal candidate will be a strong communicator with the ability to work collaboratively and influence at all levels of the organization.

Requirements

• Bachelor's Degree or equivalent experience.
• FINRA Series 6 obtained within 12 months of start date.
• 10+ years of experience in compliance/risk/audit and/or subject matter expertise in one or more of the following areas: life insurance, annuities, group voluntary benefits/Worksite, Institutional Solutions (e.g., Pension Risk Transfer, Corporate/Bank Owned Life Insurance, etc.).

Nice To Haves

• Solid understanding of the insurance industry and distribution models (e.g., career agency, third party, direct to consumer, etc.).
• Excellent interpersonal and communication skills that drive partnership and allow Compliance to have a seat at the table for day-to-day issues, projects and strategic initiatives.
• Business and compliance acumen that build the credibility necessary to influence business partner decision-making.
• Willingness to challenge the status quo and find innovative solutions to meet business partner needs.
• Intellectual curiosity and courage to ask the questions necessary to build knowledge and understanding.
• Comfort interacting at all levels of the organization.
• Courage to have crucial conversations with external and internal partners on challenging issues.
• Excellent written and verbal communication skills.
• Ability to analyze data to detect trends and identify potential compliance concerns.
• Agile mindset allowing for quick reprioritization in response to business partner needs and objectives.
• Resilience to adapt and thrive in complex, uncertain and changing situations.

Responsibilities

• Provide day-to-day consulting and project support for business partners to ensure compliance with regulations and MassMutual policies.
• Design, document and maintain risk-based, data driven and sustainable compliance programs for specific business lines.
• Identify business partner and Compliance & Ethics training gaps/opportunities.
• Educate Compliance & Ethics team members on business unit function, priorities and initiatives to build business acumen and improve business partner experience.
• Share information between Relationship Managers and Compliance & Ethics team members to identify and address common risks and business trends.
• Support and influence the development of data-based visual reporting for business leaders.

Benefits

• Competitive salaries, along with incentive and bonus opportunities.
• Access to learning content on Degreed and other informational platforms.
• Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran and disability-focused Business Resource Groups.
• Strong and stable ethical business with industry leading pay and benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree