Consultant, Corporate Compliance

Nationwide•Columbus, OH

1d•$97,000 - $180,000•Hybrid

About The Position

If you're passionate about being part of a diverse organization that enables a Fortune 100 company with nearly $70 billion in annual sales to deliver innovative business solutions with excellence, then Nationwide's Legal team could be the place for you! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care. As a Compliance Consultant, you will collaborate with our business partners to ensure that business operations are conducted in compliance with regulatory, legal and organizational requirements. You’ll plan, perform and lead various types of compliance reviews with our business partners. Are you someone who is compelled to “do the right thing?” Are you able to make decisions to ensure regulatory and legal compliance that protects a business and its customers? If you thrive in an environment where you can solve tricky issues and find ways to achieve business goals within the complex, highly regulated insurance industry, we want to know more about you! We work across the enterprise to help our business partners find ways to work through issues successfully. Nationwide's culture of compliance and passion for providing extraordinary care to its customers makes the Office of Compliance & Ethics a valued partner across the Nationwide enterprise.

Requirements

Typically, eight or more years of related work experience in financial services, insurance, compliance, or a related field.
Undergraduate studies in business administration, insurance, business ethics, criminal justice, computer science, finance or pre-law is preferred.
Able to build and foster relationships.
Demonstrates strong communication skills.
Proven ability to set priorities, organize work, and meet timelines.
Creative, innovative, analytical thinking, and problem-solving skills.
Able to optimally evaluate and recommend solutions to complex compliance issues.
Strong research and documentation development skills.
Depending on the specific Compliance team, you may be required to obtain professional licenses/registrations within a designated period of time.

Nice To Haves

Insurance, and/or financial services knowledge is preferred.
Data analytic experience is a plus.
Typically, 10+ years of proven experience in testing and monitoring.
Extensive knowledge of business data and in developing data analytics projects, preferably using the Microsoft power platform.
Relevant background knowledge of Private Placements, SEC Rule 38a-1 and state regulations as they apply to Life and Annuities business lines.
Familiarity with state and federal regulations, policy provisions, state insurance department rules, and SEC/state securities regulations.
Experience with forms approvals in URBO a plus.
Familiarity adjusting adjusting company processes, forms, and/or procedures to changing state and federal law (Reg Intel) a plus.
Ability to prioritize large volumes of work and handle multiple matters simultaneously.
Skill in interpreting and analyzing statutes, regulations, legislation, and related documents.
Effective risk assessment and implementation of mitigation strategies.
Prioritization of work and project tasks, along with evaluating and recommending solutions for compliance and internal process issues.
Strong communication and presentation skills.
Capability to produce written reports and advise business units on regulatory requirements and changes.
Proven ability to work effectively within a highly matrixed organization, collaborating with associates at all levels.

Responsibilities

Provides multi-level and multi-issue compliance consulting and advisory services to a diverse mix of customers, including administration, sales, marketing, actuarial, systems, claims, attorneys, accountants, financial advisors, and government and regulatory agencies.
Analyzes various regulations impacting the products and procedures of assigned product and/or functional area.
Facilitates the development of policies and procedures and collaborates with our business partners to implement them.
Creates and maintains various reports and metrics for trend analysis.
Creates and maintains internal manuals, documentation files, and other related regulatory records on more complex subjects, ensuring that our records and resources are up-to-date and remain accurate.
Stays informed of compliance and regulatory industry updates and trends by attending professional seminars and continued education programs. Applies information learned to advance or enhance the compliance program.
Creates and facilitates various types of compliance training or presentations for business partners, often on more complex subject matter.
Leads the production of documents and requests for regulatory exams, investigations, subpoenas, etc. including responses to regulatory inquiries.
Collaborates with business leaders to develop and implement corrective actions for identified compliance issues. Monitors corrective action through resolution.
Identifies innovation and continuous improvement opportunities. Follows through to develop the ideas in collaboration with business partners and Compliance staff.
Performs risk assessments and modifies compliance program accordingly.
Creates and performs testing on business unit procedures to ensure compliance with business unit policies. Analyzes results to identify key trends and makes recommendations to our business partners accordingly.
Employs data analytics to strengthen and expand compliance program.
Performs other responsibilities as assigned.

Benefits

medical/dental/vision
life insurance
short and long term disability coverage
paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date
nine paid holidays
8 hours of Lifetime paid time off
8 hours of Unity Day paid time off
401(k) with company match
company-paid pension plan
business casual attire