Risk Management Specialist

4 weeks ago


Canonsburg, Pennsylvania, United States The National Slovak Society of the USA (NSS Life) Full time
Job Description

The National Slovak Society of the USA (NSS Life) seeks a highly skilled Compliance and Risk Manager to join its team. This role plays a crucial part in ensuring the Society's adherence to regulatory requirements and maintaining its financial integrity.

Key Responsibilities:

  • Develop and oversee compliance policies and procedures, ensuring alignment with regulatory requirements and organizational goals.
  • Lead the implementation and periodic review of compliance policies and procedures, maintaining the Society's enterprise risk management framework.
  • Ensure the Society's adherence to all relevant laws, regulations, and industry standards, including the NSS Constitution and Bylaws.
  • Establish processes for ongoing compliance monitoring and reporting, providing regular updates to senior management and the Board of Directors.
  • Manage all required regulatory filings, ensuring accuracy and timeliness, including submissions to state authorities and the NAIC.
  • Conduct compliance training programs for staff to promote awareness and understanding of regulatory requirements and ethical standards as needed.
  • Coordinate internal audits to assess compliance with policies and procedures, recommending corrective action as required.
  • Conduct comprehensive risk assessments, identifying potential threats and vulnerabilities, and developing strategies to mitigate risks.
  • Serve as a liaison with external regulatory agencies, auditors, and other stakeholders, representing the Society's interests and maintaining positive relationships.
  • Regularly review and update compliance policies and procedures to reflect changes in regulations, industry best practices, and organizational needs.

Requirements:

  • Bachelor's degree in Business Administration, Finance, or a related field is required; a Master's degree is advantageous.
  • Five years of experience in compliance, risk management, and/or a related field, preferably within the insurance or financial services industry, is required.
  • Certified Risk and Compliance Management Professional (CRCMP) designation is preferred.
  • Strong understanding of regulatory requirements and compliance principles.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Effective communication and interpersonal skills, with the capacity to influence and engage stakeholders at all levels.
  • Fraternal Insurance Counselor (FIC) designation is preferred.
  • Experience in strategic planning and execution.
  • Knowledge of federal and state financial regulations.
  • Strategic mindset with the capacity to adapt operations to evolving needs.

We are an Equal Opportunity Employer and a Drug-Free Workplace.



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