Director, Corporate Compliance-Nationwide Financial

If you're passionate about being part of a diverse organization that enables a Fortune 100 company to deliver innovative business solutions with excellence, then Nationwide's Legal team could be the place for you! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

This Columbus based hybrid position is compensation grade H3.

Core Duties and Responsibilities: The Compliance Director will play a pivotal role in aligning our business practices with industry standards by working closely with our partners and regulators. This individual will lead a dedicated team in developing and upholding our operational policies, ensuring that all procedures, training, and communications adhere to the legal and regulatory frameworks. They will spearhead the legislative review process and oversee the execution of our compliance strategy, fostering a culture of excellence and compliance with both federal and state laws.

• Experience:
  • Relevant background knowledge of SEC 38a-1required
  • New York Regulations as they apply to Life and Annuities business lines preferred.
  • In-depth working knowledge of insurance and financial services products.
  • Familiarity with state and federal regulations, policy provisions, state insurance department rules, and SEC/state securities regulations.
  • Prior leadership experience

This role does not qualify for employer-sponsored work authorization. Nationwide does not participate in the Stem OPT Extension program.

Job Description Summary

Are you someone who is compelled to “do the right thing” and able to make decisions to ensure regulatory and legal compliance that protects a business and its customers? If you thrive in an environment where you can tackle tricky issues and find ways to achieve business goals within the complex, highly regulated insurance industry, we want to know more about you!

We work across the enterprise to help our business partners work through issues successfully. Nationwide's culture of compliance and passion for providing extraordinary care to its customers makes the Office of Compliance & Ethics a valued partner across the Nationwide enterprise.

As a Compliance Director, you will collaborate to ensure that business operations are conducted in compliance with regulatory, legal and organizational requirements. You’ll direct a team that plans, performs and leads various types of compliance reviews, initiatives and/or projects with business units, creating and delivering innovative solutions to help our business partners meet their goals and objectives while ensuring policies and procedures conform to regulatory requirements.

Job Description

Key Responsibilities:

• Leads, engages and inspires a team of compliance associates who perform the activities of a corporate compliance program designed to support business partners in ensuring compliance with federal and state regulations.

• Partners with supported business units on a variety of initiatives to ensure business objectives and strategies are aligned with regulatory requirements. Collaborates directly with business unit leaders on complex compliance matters.

• Monitors compliance and regulatory industry trends and identifies the impact to business partners. Accountable for proactively communicating with our business partners regarding regulatory changes and their impacts and proposes solutions for compliance. Ensures that compliance team successfully partners with business unit on any actions needed to maintain compliance with respect to these changes.

• Leads the development and implementation of corrective action plans for compliance issues. Monitors and reports progress. Validates the overall effectiveness of delivered corrective action plans.

• Provides oversight in the creation and utilization of reports and documentation for compliance activities including those related to Compliance team participation in regulatory exams.

• Assesses the design and adequacy of functional compliance policies, procedures, training and objectives. Performs risk assessments and implements organization