The role involves providing regulatory counsel, navigating an evolving regulatory landscape, and influencing strategic decisions within the organization.
Responsibilities:
• Analyze and provide guidance on the business impact of new and evolving regulatory and compliance requirements at both state and federal levels.
• Advise business, legal, and compliance teams on insurance laws and regulations.
• Collaborate with our consumer finance licensing team to assess license requirements, implement compliance initiatives, and respond to examinations.
• Manage responses to external inquiries including third-party diligence, member or press questions, consumer litigation, and regulatory or law enforcement requests.
• Proactively identify and address risks related to strategic initiatives and partnerships.
• Design and manage cross-functional regulatory compliance efforts, focusing on areas of consumer protection, consumer finance, and insurance.
• Educate stakeholders about regulatory updates and issues in a clear and simple manner, fostering a culture of compliance and learning.
• Make assertive recommendations on when and how to take smart risks to achieve the business's goals.
• Manage a high volume of work while maintaining perspective and prioritizing work according to company goals.
• Must have strong communication skills for effective collaboration with various stakeholders.