Share this Job

Senior Compliance Consultant

Apply now »

Date Posted: Jul 28, 2022

Location(s): Bridgewater, NJ, US, 8807 New York, NY, US, 10166

Company: MetLife

At MetLife, we’re leading the global transformation of an industry we’ve long defined. United in purpose, diverse in perspective, we’re dedicated to making a difference in the lives of our customers.

 

Role Value Proposition: 

 

Compliance Risk Management (“CRM”) delivers a compliance risk framework that enables the businesses and functions to comply with applicable internal and external rules and regulations and maintain risk levels within MetLife’s risk appetite. CRM provides constructive challenge to the businesses and functions, partnering closely with them to implement strong processes and effective controls, as well as to foster and embed a culture of compliance. CRM is part of Global Risk Management (GRM) and maintains a matrixed reporting line to Legal Affairs.

 

The Senior Compliance Consultant, RIS Compliance will be an individual contributor providing compliance coverage to the RIS Business and Operations team. This individual will be part of a team that provides compliance coverage to the RIS lines of business and supporting operational functions, working closely with RIS team to implement risk-based controls and guidelines. This position will work closely and collaboratively across RIS to identify compliance risks, implement controls to effectively manage risk, and adapt to new and/or changing laws, rules, or regulations.

 

Key Responsibilities:

 

  • Develop strategic relationships with RIS Business and Operations management and associates and serve as trusted partner providing single point of contact for specific RIS businesses.
  • Actively participate in meetings with key partners to stay informed of new product ideas, business strategies and initiatives, and emerging risks allowing for proactive compliance support resulting from changes in business model, compliance or regulatory environment.  
  • Stay abreast of changes in the regulatory environment and analyze the impact of regulatory changes; ensuring that the RIS businesses are educated appropriately and implement changes accordingly.
  • Advise on and provide credible challenge to RIS Business’ compliance with relevant laws, regulations, and compliance policies.
  • Build and maintain relationships with other functions critical to oversight and assessment of RIS Business, including Global Operations Risk Management, Legal, Operational Risk Management, and Audit.
  • Work with management to ensure continued improvement in self-identification of issues, and appropriate escalation and monitoring processes to ensure timely and effective remediation to mitigate compliance risk.
  • Work closely with RIS Business and Operations to resolve significant policy/regulatory breaches and violations and ensure timely and accurate external reporting when required.
  • Conduct risk-based testing and monitoring activities of the control environment to effectively measure compliance risk, identify areas of improvement, and recommend control enhancements
  • Identify and communicate results of compliance risk assessments, compliance-identified issues, and control concerns to appropriate management within RIS Operations and the RIS Business teams.

 

Essential Business Experience and Technical Skills:

 

Required:

  • 7+ years of experience in the insurance, pension, and/or retirement industry with a legal and/or compliance mindset;
  • Bachelor’s degree in Computer Science, Business, or any related discipline;
  • Excellent analytical and research skills. Ability to apply critical thinking is essential;
  • Ability to identify and assess risk and communicate results to management.
  • Ability to analyze risks and controls and determine when controls are not operating effectively;
  • Knowledge of rules and regulations applicable to MetLife business and operations, including state insurance laws, federal securities laws, and other applicable regulatory regimes.
  • Ability to create risk-based metrics to provide key risk indicators which drive testing and monitoring program;
  • Excellent written and verbal communication skills, strong interpersonal skills, including the ability to prepare and conduct presentations and communications with management;
  • Must be a dedicated, self-motivated individual with an ability to work independently and in a team environment;
  • Must be a results-oriented, performance-based individual contributor who will produce results based on stated goals and objectives

 

Preferred:

  • Knowledge of Life Insurance, COLI/BOLI, and/or Stable Value products is preferred

MetLife:

MetLife, through its subsidiaries and affiliates, is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.

 

We are one of the largest institutional investors in the U.S. with $642.4 billion of total assets under management as of March 31, 2021. We are ranked #46 on the Fortune 500 list for 2021. In 2020, we were named to the Dow Jones Sustainability Index (DJSI) for the fifth year in a row. DJSI is a global index to track the leading sustainability-driven companies. We are proud to have been named to Fortune magazine's 2021 list of the "World's Most Admired Companies." 

       

MetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world.

 

 

We want to make it simple for all interested and qualified candidates to apply for employment opportunities with MetLife.  For further information about how to request a reasonable accommodation, please click on the Disability Accommodations link below.

 

 

MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at MetLife without regards to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.

 

 

MetLife maintains a drug-free workplace.

 

 

Requisition #: 127324