Regulatory Compliance Associate (Hybrid)

As a Regulatory Compliance Associate at Protective Life Corporation, your primary responsibilities include conducting risk-based evaluations of regulatory compliance, performing compliance testing engagements, documenting findings, communicating results to management partners, and ensuring that remediation plans are developed to address identified risks. You'll also participate in various projects related to market conduct preparedness and regulatory compliance.

To be considered for the Regulatory Compliance Associate position at Protective Life Corporation, candidates typically need a Bachelor’s degree and five years of relevant experience in fields such as internal auditing, compliance, or financial institution operations. Preferred qualifications also include certifications like CPA, CIA, or CFE, along with proficiency in Microsoft Office Suite and experience with data analysis tools.

Successful Regulatory Compliance Associates at Protective Life Corporation should have strong organizational skills, attention to detail, and the ability to prioritize tasks effectively. Additionally, a demonstrated knowledge of state and federal regulations, as well as the ability to perform statistical analyses of operational data, will greatly enhance your effectiveness in this role.

In the role of Regulatory Compliance Associate, you will actively engage with business partners to support the development and completion of remediation plans. This involves discussing compliance findings, crafting actionable steps, and ensuring that risks identified during testing engagements are effectively addressed, contributing to the overall integrity of the company's operations.

Protective Life Corporation offers a competitive salary range for the Regulatory Compliance Associate position, ranging from $51,500 to $72,000. Factors such as location, skills, and experience can influence actual salaries, making this a promising opportunity in addition to potential incentive opportunities based on individual and company performance.

In responding to this question, highlight any previous roles where you were involved in compliance evaluations. Discuss the types of tests you performed, how you documented your findings, and the impact your work had on improving compliance. Providing specific examples will demonstrate your hands-on experience.

Discuss your systematic approach to identifying and analyzing regulations that pertain to the industry. Mention any resources you utilize, such as regulatory bodies, legal databases, and how you ensure that you stay updated on changing regulations relevant to Protective Life Corporation.

Share your strategy for prioritizing tasks, such as assessing deadlines, the importance of each task, and how to allocate time efficiently. Mention tools or techniques you use, like project management software or checklists, to stay organized and ensure all aspects of compliance are addressed.

Prepare a detailed example of a remediation plan you participated in or developed. Explain the problem identified, the steps you took to address it, and the outcomes of your plan. Emphasizing collaboration and results will underscore your effectiveness in this area.

Discuss specific analytical tools or methods you've used for data analysis, particularly in relation to compliance. Highlight your proficiency in Microsoft Excel, any statistical software, and how your analyses contributed to improved operational decisions.

Communication is key in compliance roles. Discuss your approach to relaying findings, including how you present data clearly and succinctly, and tailor your communications to different audiences within the organization, ensuring understanding and fostering collaboration.

In your response, outline any specific experience or projects you've worked on related to SEC Rule 38a-1. Discuss how you ensured compliance and the procedures you followed to implement the necessary measures within your previous roles.

Remember to recount a specific scenario, focusing on the challenge, your actions to address it, and the results. This not only shows your problem-solving skills but also illustrates your resilience in navigating complex compliance situations.

Mention your strategies for staying informed about regulatory changes, such as attending industry conferences, participating in relevant training, or being part of compliance networks. Emphasizing your commitment to continual learning shows your dedication to the field.

Discuss the vital role of a Regulatory Compliance Associate in safeguarding the organization by ensuring adherence to laws and regulations. Emphasize how this position promotes ethical practices, protects company reputation, and mitigates risks, thereby contributing to overall organizational success.