Regulatory Compliance Associate (Remote)

As a Regulatory Compliance Associate at Protective Life Corporation, your primary responsibilities will revolve around performing risk-based evaluations of regulatory compliance, conducting compliance testing engagements, documenting findings, and communicating results to management. You’ll work closely with the Director of the Compliance Testing Group to ensure quality outcomes, conduct research on regulatory requirements, and support compliance with corporate policies and various regulations.

To qualify for the Regulatory Compliance Associate position at Protective Life Corporation, candidates are preferred to have a bachelor’s degree, along with five years of relevant experience in areas such as internal auditing, compliance, financial operations, or regulatory examinations. Demonstrated knowledge of federal and state regulations related to life and annuities is highly valued. Proficiency in Microsoft Office, particularly Excel, is also essential.

Successful Regulatory Compliance Associates at Protective Life Corporation must possess strong analytical skills, attention to detail, and the ability to prioritize tasks effectively. Knowledge of state and federal regulations is crucial, as well as familiarity with statistical analysis of operational data. Additionally, strong communication skills, both written and oral, are vital for presenting findings to management partners.

Regulatory Compliance Associates at Protective Life Corporation primarily utilize the Microsoft Office Suite, with a strong emphasis on Microsoft Excel for data analysis and reporting. Familiarity with compliance management tools such as Archer and audit data analysis and extraction tools can be a valuable asset in this role.

The targeted salary range for a Regulatory Compliance Associate at Protective Life Corporation is between $51,500 and $72,000. Actual salaries may vary based on factors such as job location, individual skills, and overall experience. Additionally, this position offers performance-based incentives as part of the overall compensation package.

Certainly! Share specific examples from your past roles where you worked on compliance-related projects, detailing your understanding of regulatory frameworks and how you ensured adherence to regulations. Highlight your analytical capabilities and any tools/software you used in the process.

When faced with multiple tasks, I prioritize based on deadlines and impact. I assess the level of risk associated with each engagement and strategize accordingly. Efficient use of time management tools and regular communication with teammates also play a role in ensuring that priorities align with business needs.

The biggest challenge is staying up-to-date with rapidly changing regulations and ensuring that all compliance testing engagements accurately reflect these changes. It requires a proactive approach to learning and adapting strategies accordingly to mitigate compliance risks efficiently.

I have hands-on experience conducting compliance tests by evaluating internal controls and procedures. I document each finding in detailed reports, ensuring clarity and actionable recommendations. This structured documentation supports effective discussions with stakeholders and informs remediation efforts.

I believe in addressing discrepancies through transparent communication, starting by discussing findings with relevant business partners. I work collaboratively to understand the root cause and recommend solutions while ensuring that all compliance issues are documented appropriately.

SEC Rule 38a-1 encompasses compliance programs in mutual funds, focusing on internal controls. I understand its requirements and have experience integrating those principles into compliance structures to maintain effective governance and compliance within financial operations.

Technology plays a crucial role in compliance testing by enhancing efficiency and accuracy. Tools such as data analytics software and compliance management systems streamline the testing process, allowing for more effective evaluation and reporting of compliance risks. It empowers compliance associates to focus on strategic analysis rather than routine tasks.

I would tailor educational sessions based on the audience's specific needs. Utilizing engaging presentations, real-case scenarios, and encouraging an open dialogue helps teams understand compliance implications while emphasizing the significance of adhering to best practices effectively.

To develop a remediation plan, I start by identifying and analyzing the compliance issue in detail. I would collaborate with relevant stakeholders to outline a clear action plan, assigning responsibilities and deadlines. Regular follow-ups and updates would be essential to ensure that the remediation is effective and aligns with compliance standards.

In preparation, I first ensured my data was accurate and thoroughly understood the implications. I structured my presentation, focusing on key findings and recommendations while anticipating questions that management may have. Being concise yet comprehensive helped me communicate effectively and gain their support for necessary actions.