AVP, Group Compliance Testing

Arch Capital Group Ltd
United States
3 months ago

Role details

Contract type
Permanent contract
Employment type
Full-time (> 32 hours)
Experience level
Expert
Experience required
8 years minimum
Working hours
Regular working hours
Job source

Tech stack

Microsoft Word Microsoft Excel Microsoft PowerPoint Test Scripts

Job description

Arch is seeking a proactive, hands-on, and results-driven individual to join our compliance team as Assistant Vice President, Group Compliance Testing. As part of Arch’s Global Compliance Group, this role requires the ability to lead the planning and delivery of compliance testing and advisory program efforts. The AVP, Group Compliance Testing will investigate and assess controls, design and execute tests to ensure compliance with regulatory requirements and group policies, and provide actionable recommendations. This position will report to the Group Compliance Officer as part of the Global Compliance Function residing within the General Counsel’s office., * Develop and execute on the Global Compliance monitoring and testing program designed to evaluate the effectiveness of key compliance controls through routine and/or ad hoc monitoring and testing to ensure compliance with regulatory requirements, policies and procedures.

  • Develop and execute test plans and test scripts related to significant compliance risk categories including but not limited to, privacy, economic sanctions, antitrust, anti-corruption and records management.
  • Support the compliance testing initiatives at the business units and coordinate with Group efforts.
  • Review and complete documentation of scoping, risk and control identification, control evaluation and observations in testing and monitoring.
  • Analyze and identify trends across the organization and develop regular reporting of risk and control gaps.
  • Participate and contribute to the compliance risk assessment process by identifying relevant compliance risks and control gaps.

Requirements

Do you have experience in Writing skills?, Do you have a Bachelor’s degree?, * 8+ years of compliance testing or internal audit experience in a public financial services organization with global operations

  • Excellent understanding of compliance monitoring and testing function
  • Experience leading/managing compliance testing or audits with strong project management skills
  • Excellent grasp of risk and control concepts
  • Strong analytical and problem-solving skills
  • Strong writing skills and ability to organize and synthesize information into written product
  • Excellent communication and interpersonal skills and ability to work across enterprise functions
  • Willingness and ability to adapt to new circumstances, information, and challenges and thrive in a fast-paced environment

Desired Skills and Experiences

  • Familiarity with insurance, reinsurance and/or financial services industries; understanding of common compliance concepts across the globe
  • Ability to work independently and as part of a team
  • Strong organizational and time-management skills
  • Proficiency in compliance management, GRC or similar software and tools.
  • Thrives within a team environment
  • Experience working with MS Word, Excel, PowerPoint, * Bachelor’s degree

Benefits & conditions

Pulled from the full job description

  • Loan assistance
  • Tuition reimbursement
  • Paid parental leave
  • Prescription drug insurance
  • AD&D insurance
  • Parental leave
  • Health insurance, Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits.

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