Compliance Director ( Advertising Compliance Review) Job recruitment

Compliance Director ( Advertising Compliance Review)

Job ID #: 72109
Location: CA-Woodland Hills
Functional Area: Compliance
Business Line: SunAmerica Retirement Markets
Employment Type: Full Time
- Permanent
Education Required: Bachelors Degree (or equivalent)
Experience Required: 6-9 years
Relocation Provided: No
Travel Percentage: 0

Position Description:

SunAmerica is a true pioneer in the retirement savings industry, with roots dating to 1890. Today, SunAmerica focuses primarily on meeting Americans' lifetime income needs, continuing to be an innovator in developing guaranteed income solutions. We believe that our success depends on a world class team with diverse and unequaled expertise! If you would like to be a part of a newly re-designed strategic organization where there are no limits, we invite you to consider putting your talents to work with SunAmerica-s Variable Annuity Compliance Group.

Position Summary
As our Advertising Compliance Director you will be responsible for compliance review of marketing collateral and other materials for an insurance carrier primarily involved in the manufacturing and sale of variable annuities and an affiliated asset management company primarily involved in the management of open-end and closed-end funds as well as variable annuity portfolios offered through affiliated insurance companies.

Organizational Structure
This position reports to the Chief Compliance Officer and works closely with other departments such as Marketing, Legal, Sales and Product Management.

Performance Objectives
- Applies compliance expertise to consult senior leaders on product development marketing strategies. Additionally, provide guidance on advertisement to internal business matters pertaining to advertising compliance.
- Manage relationship between Compliance and the business emphasizing service, quality and support of business objectives (for advertising). Review advertising, sales literature and other external and internal communications to ensure compliance with applicable SEC and FINRA rules, State Insurance Department insurance and annuity advertising regulations.
- Assess organizational risk and impact to business resulting from new/revised advertising rules and regulations. Evaluate policies and procedures, updating as necessary to ensure compliance.
- Deploy continuing education program to registered employee population for purposes of compliance with FINRA requirements and company policy. Develop and provide additional formal and informal training and education, as necessary.
- Assist internal business partners with complying with advertising-related regulatory requirements such as FINRA filing and recordkeeping. Ensure compliance responsibilities related to advertising and sales literature including are fulfilled.
- Represent Compliance in meetings with internal business partners. Ensure business plans are compliant with advertising requirements and industry best practices.
- Maintain effective working relationships with areas across the organization (legal, marketing, sales, product management, etc). Partner closely with Legal and other Compliance areas to support the development of compliance education and policies and procedures for the business clients.
- Provide support on regulatory examinations and inquiries.
- Maintain effective working relationships with regulators including FINRA.

Position Requirements
The Ideal Candidate Should Have:
- 5 - 10 years of prior advertising compliance review experience with an emphasis on mutual funds and variable annuity products required.
- Series 6/26 or 7/24 required.
- Strong knowledge of SEC and FINRA rules, State Insurance Department advertising regulations and industry best practices applicable to communications with the public and institutional investors.
- Strong interpersonal skills and excellent verbal and written communication skills required.
- Understanding of online advertising requirements and the presentment of relevant advertising disclosures.
- Ability to multi-task, set priorities and meet deadlines individually and within a group.
- Self-starter with ability to anticipate, influence, react and problem solve issues positively in a fast-paced and diverse environment.
- Ability to work independently on assigned responsibilities, as well as to accept direction on assignments.
- Excellent analytical and problem solving skills.
- Demonstrated ability to work independently and with team members and business partners at all levels.
- BA or BS degree required. Combination of experience and education will be considered.
- Proficient in Microsoft Office Suite programs (Excel, Word and PowerPoint).

SAFG:EFC05/01/2012

SAFG:CB05/01/2012

About Us:

SunAmerica Financial Group is one of the largest life insurance organizations in the United States based on over $236 billion of admitted assets as of June 30, 2011. Serving over 18 million customers, SunAmerica Financial Group is comprised of several leading life insurance and retirement services businesses, including American General Life Companies, AGLA, VALIC, Western National Life Insurance Company, SunAmerica Retirement Markets, SunAmerica Mutual Funds, SunAmerica Affordable Housing Partners, FSC Securities, Royal Alliance and SagePoint Financial. The unified businesses offer a comprehensive suite of life insurance, retirement savings products and guaranteed income solutions through an established multi-channel distribution network that includes banks, national, regional and independent broker-dealers, career
Financial Advisors, wholesale life brokers, insurance agents and a direct to consumer platform. Equal Opportunity Employer.