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Compliance - Bellevue, WA VP Compliance, Chief Compliance Officer

About the position


The Chief Compliance Officer (CCO) will build and lead AssuranceIQ’s Compliance function, playing a leading role in the organization’s ongoing efforts to comply with governing law, regulations, and internal policies as it joins the Prudential family and continues to expand its footprint. The CCO will report directly to Prudential’s Chief Ethics & Compliance Officer with a dotted line into the Chief Administrative Officer at AssuranceIQ.



As leader of AssuranceIQ’s Compliance group, the CCO will manage a team of three (3) professionals based in Seattle and will be responsible for carrying out the Compliance group’s mandate for all current and future business. This position will work with the broader AssuranceIQ executive team on both strategic and tactical matters as they relate to business growth, corporate planning and business initiatives, data privacy, insurance laws and regulations, and other regulatory matters. The CCO will be important in the continued growth and evolution of the business, protecting AssuranceIQ’s brand and reputation, and managing the complex compliance requirements of a growing digital direct-to-consumer insurance platform. The CCO will have the opportunity to take a fresh look at the group’s business strategy and advise senior management of relevant and evolving regulatory risks and propose alternate solutions and processes.



Key Accountabilities


  • Oversee the development, implementation and maintenance of all compliance risk management programs.
  • Develop and operationalize a strategic plan for the assessment as well as compliance oversight and monitoring of critical business operations.
  • Serve as a key member of the extended leadership team as a business partner to senior operating executives by participating in key decisions pertaining to strategic initiatives.
  • Lead, manage, develop, and where necessary recruit, a diverse team using effective training, performance assessment and coaching techniques.
  • Address changes in regulations and communicate to senior management and how they affect AssuranceIQ’s compliance programs.
  • Oversee the development and evolution of policies, procedures, and programs as industry practices and applicable laws and regulations change.
  • Report on the adequacy and effectiveness of the Compliance programs using appropriate metrics.
  • Oversee the preparation of reports for various internal governance committees.
  • Advise senior executives on the design and delivery of regulatory training for AssuranceIQ employees and other related associates.

Regulatory and Executive Consultation


  • Demonstrate confident leadership, sound judgment, creativity, a practical approach and commitment to achieving excellence in compliance risk management; and the ability to do so on the basis of a risk-based model.
  • Maintain strong and trusted relationships with key regulators.
  • Develop and maintain strong relationships with senior management. Work with senior management to promote understanding of business-specific risks, regulatory requirements and their impact upon operations.
  • Advise senior management on the implementation and resolution of compliance policies and issues.





Qualifications

Compliance & Industry Experience

  • A recognized leader in compliance with a career defined by the hands-on creation and execution of enterprise-wide compliance programs within a major financial services company.

  • Strong compliance background and acumen and problem-solving skills at the highest level.

  • Experience working with and credibility with regulators.

  • Strong digital and technology mindset and experience working in a growth and/or innovation-oriented culture

  • Understanding of the insurance, financial services and related technology landscape, sales cycle and regulatory framework; some brokerage experience preferred.

Setting Strategy

  • The ability to create and articulate an inspiring vision for the compliance organization, and the ability to communicate the importance and impact of compliance to the organization as a whole.

  • The ability to see compliance needs in advance, and to proactively work with colleagues across AssuranceIQ and Prudential to develop solutions.

  • An entrepreneurial and creative approach to developing new, innovative ideas that will stretch the organization and make it perform better.

  • The ability to effectively balance the need for change with an understanding of how much change the organization is capable of handling, and to create realistic goals and implementation plans that are achievable and successful.

Executing for Results

  • Driven and comfortable in a high-growth environment with ambiguity and constant change; the ability to adapt nimbly and lead others through complex situations.

  • Operationally-oriented bias, with experience in scaling a compliance function in a high-growth environment and driving rapid implementation of rigorous controls. Holds oneself to the highest standards of accountability; “hands-on” approach; has the ability to direct change while maintaining operating effectiveness; integrates and aligns efforts across units and functions; monitors results; and tackles problems directly and with dispatch.

  • The ability to set clear and challenging goals while committing the organization to improved performance; tenacious and accountable in driving results.

  • Develops perspective of both the broader picture and need for a comprehensive program, while maintaining an appropriate level of knowledge of the details of implementation.

  • Acts with urgency in an entrepreneurial and technology-driven business environment; responds nimbly to changing business conditions and priorities

  • Highly pragmatic; develops a deep working knowledge of the operational constraints faced by the business in order to implement programs which support and promote the business objectives.

Leading Teams

  • Takes a team-oriented approach with an ability to build deep relationships within the broader organization.

  • Experience leading high-growth teams as a strong people manager, leader and coach.

  • The ability to attract and recruit top talent, motivate the team, delegate effectively, celebrate diversity within the team, and manage performance; widely viewed as a strong developer of others.

  • The ability to persevere in the face of challenges and exhibit a steadfast resolve and relentless commitment to higher standards, which commands respect from followers.

  • A leader who is self-reflective and aware of his/her own limitations; leads by example and drives the organization's performance with an attitude of continuous improvement by being open to feedback and self-improvement.

  • Inclusive, respects and encourages the unique culture of AssuranceIQ Group. Strong ethical conduct, intellectual, professional and personal values that complement the company values:

Relationships and Influence

  • Naturally connects and builds strong relationships with others, demonstrating strong emotional intelligence and an ability to communicate clearly and persuasively.

  • Demonstrates the ability to influence business people to achieve outcomes without direct authority to command action.

  • An ability to inspire trust and followership in others through compelling influence, powerful charisma, passion in his/her beliefs, and active drive.

  • Encourages others to share the spotlight and visibly celebrates and supports the success of the team.

  • Creates a sense of purpose/meaning for the team that generates followership beyond his/her own personality and engages others to the greater purpose for the organization as a whole.

  • Excellent communicator in both the written and oral form.


Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.