Senior Manager - Regulatory Affairs

Covista•Chicago, IL

3d•$80,337 - $145,077•Hybrid

About The Position

Under the general direction of the Senior Director of Regulatory Affairs, the Senior Manager, Regulatory Affairs is responsible for ensuring that all Covista advertising, marketing, public- and student-facing communications for all Covista institutions and business units are written in compliance with state and federal regulatory agency requirements. This includes ensuring that all claims made in advertising and marketing are appropriately substantiated according to Federal Trade Commission and other regulatory requirements, development of related policy and procedures, and training of both internal clients and third-party vendors. The Senior Manager also ensures that all regulatory compliance elements are embedded in day-to-day business processes and functional accountabilities for all Covista institutions and business units to support continued operation and degree-granting authority. These responsibilities are accomplished by 1) engaging business owners in all divisions to develop and implement Covista and external regulatory compliance policies, standard processes and controls; 2) developing and delivering compliance training to reinforce business unit understanding of regulations; and 3) providing timely and meaningful coaching and regulatory advice to senior leadership, management and staff at all levels of the organization. Due to the importance, high visibility of marketing, risks and potential impact related to misrepresentation, the incumbent must have the business acumen to accurately interpret often ambiguous regulations and partner with marketing and operations leaders to accept guidance on marketing practices. These activities ensure regulatory compliant, informed decision making and reinforce institutional compliance obligations touching most areas of Covista operations.

Requirements

Bachelor's Degree required
8+ years minimum years of experience in regulatory assurance, compliance or licensing required.
2+ years of supervisory experience required.
Excellent interpersonal, organizational, written and verbal communication skills.
Excellent working knowledge of with MS Word, SharePoint, PowerPoint and Excel a must.
Must be familiar with the standards and requirements of multiple state authorizing agencies and institutional / programmatic accreditors.
Demonstrate the ability to establish and develop positive relationships with senior leaders and other key stakeholders.
Must possess strong critical thinking skills to decipher regulatory requirements that may not be explicit.

Nice To Haves

Master's Degree preferred
Experience in the education services sector highly encouraged required

Responsibilities

Provides primary day-to-day direction to the regulatory compliance operations team to ensure that: advertising, marketing and enrollment materials, and all other public and student-facing communications are reviewed for compliance with Covista policies as well as state and federal regulations governing all Covista institutions and business units; enrollment materials and catalog content are developed and revised as needed to comply with regulatory changes and accreditor requirements and that regulatory disclosure requirements are met; and compliance responsibilities are met by every Covista institution and business unit.
Establishing and maintaining effective compliance review processes and controls to ensure institutions meet applicable regulatory requirements and institutional standards.
Is the subject matter expert for do not contact compliance; collaborates and manages the business relationship with the vendor to design and implement strategies, processes, and procedures to mitigate risk and assure compliance.
Ensures all projects and inquiries submitted by stakeholders are reviewed and responded to timely and with a high level of quality.
Attends implementation and other strategy meetings to provide regulatory guidance and recommendations for new growth programs and initiatives; provides consultation to senior management on the development and implementation of those strategic business decisions and new initiatives, and recommends corrective actions plans where appropriate.
Serves on multiple work groups/implementation committees to assure operating compliance with state and accreditor regulatory requirements for new programs and other organizational projects.
Performs due diligence for federal, state and provincial laws and regulations related to merger and acquisition activity.
Develops regulatory compliance procedures and training required for operating the organization and its divisions in a compliant manner.
Timely analyzes, interprets and communicates regulatory changes. Assesses operational impact, communicates and directs implementation of changes.
Engages organizational units to identify compliance gaps through daily interactions with project teams and committees.
Identifies areas of opportunity and develops process improvements to close gaps and when appropriate, advises management to set broad operational standards to comply with multiple state rules and regulations.
Performs other duties as assigned
Complies with all policies and standards