Chief Compliance Officer –ESI

Position Summary

Oversees the activities of multiple compliance functions for the firm. Responsible for effective leadership of compliance department team members and creating a strong culture of compliance within the broker-dealer and National Life Group. Provides compliance support and guidance to business and support areas on all compliance matters. Ensures that all operations and activities meet federal, SEC and state regulatory requirements and company policies. Develops and implements the overall compliance strategy for the firm. As a senior member of the leadership team, this individual will work directly with all Distribution Leadership and their Registered Representatives and Advisors as needed.

Primary Responsibilities

Directs the activities of the Firm’s compliance operations to ensure compliance with federal, SEC and state regulation and legislation.

• Develop, sponsors and leads key Firm compliance initiatives to support business areas’ strategic objectives. Monitors that business unit initiatives and plan are consistent with longer-term corporate vision and direction as well as applicable regulations and legislation.
• Responsible for ensuring that the Firm’s goals and objectives are established within regulatory guidelines.
• Monitors proposed and newly adopted regulations. Provides business unit updates on regulatory changes; discusses the impact of potential changes and provides implementation solutions and execution. Oversee and direct the review, revision and maintenance of the Firm’s Written Supervisory Procedures.
• Directs the development and implementation of correction plans for out of compliance situations. Monitors results for success.
• Leads special training, field inspections, compliance risk management or similar tasks. Supervises and reviews OSJ and branch office inspections conducted by compliance associates.
• Conducts compliance presentations to Firm Board of Directors, senior management, home office and field associates. Engages with National Life Group Board of Director reports regarding ESI regulatory matters as needed.
• Directs the development, preparing and submission of reports and related documentation for compliance related initiatives and ongoing regulatory compliance.
• Assesses the adequacy of compliance policies, procedures, training and objectives. Implements change management processes where needed. Direct the Firm’s supervisory controls compliance assessment, review and control testing of all identified business units subject to Rule 3012 and Rule 206(4)-7.
• Maintains related regulatory records for accurate information on various procedures and approvals.
• Maintains effective working relationships with insurance and regulatory agencies authorities, trade associations, other insurance and financial companies, the Firm’s field force and other business units within National Life Group. Has direct interaction with regulatory agencies, sales force and customers.
• Maintains quality customer relations with emphasis on service, delivery of quality work product, and support of business needs and requirements. Works with business area leadership to develop corrective actions for the more complex compliance problems.
• Directs associate management including: performance management, salary planning and administration, training and development, work flow, organization planning, hiring and placement, and disciplinary actions.

Leadership Responsibilities

Provide vision, strategic planning and thoughtful solutioning expertise for the enterprise and functional group.

• Develop direct reports by fostering and supporting career development, motivating, engaging and capitalizing in employee strengths.
• Build cross-functional partnerships with other business units and teams throughout the organization to deliver on business results.
• Recruit high potential talent for current and future responsibilities.
• Establish a highly effective team with positive morale.
• Provide overall guidance and feedback through regular one-on-one meetings, quarterly
• performance/development meetings and annual performance evaluations.
• Conduct regular staff meetings to facilitate open dialogue within group and cascade appropriate communications throughout department.

Experience Requirements

• 10+ Broker-dealer compliance leadership experience
• 10+ Investment adviser compliance leadership experience

Education Requirements

• Bachelors required, JD considered beneficial

Certification & Licensures Requirements

• Series 7
• Series 24
• Series 65
• Series 53

The base compensation range represents the low and high end of the compensation range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to qualifications, skills, competencies, location, and experience. The range listed is just one component of our total compensation package for employees. Other rewards may include an annual bonus, quarterly bonuses, commissions, and other long-term incentive compensation, depending on the position. National Life offers a competitive total rewards package, which includes a 401(k) retirement plan match, medical, dental, and vision insurance, paid holidays, and a generous paid time off plan, as well as other benefits.

National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT – founded in 1848, Life Insurance Company of the Southwest, Addison, TX – chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York. Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. All other entities are independent of the companies of National Life Group.

Fortune 1000 status is based on the consolidated financial results of all National Life Group companies.

National Life Group

1 National Life Dr

Montpelier, VT 05604

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