Enterprise Compliance Sr. VPP Analyst

Overview

Who we are

Collaborative. Respectful. A place to dream and do. These are just a few words that describe what life is like at Toyota. As one of the world’s most admired brands, Toyota is growing and leading the future of mobility through innovative, high-quality solutions designed to enhance lives and delight those we serve. We’re looking for talented team members who want to Dream. Do. Grow. with us.

An important part of the Toyota family is Toyota Financial Services (TFS), the finance and insurance brand for Toyota and Lexus in North America. While TFS is a separate business entity, it is an essential part of this world-changing company- delivering on Toyota's vision to move people beyond what's possible. At TFS, you will help create best-in-class customer experience in an innovative, collaborative environment.

To save time applying, Toyota does not offer sponsorship of job applicants for employment-based visas or any other work authorization for this position at this time. 

Who we’re looking for 

TFS’ Enterprise Compliance Department is looking for a passionate and highly-motivated Senior VPP Compliance Analyst.

The primary responsibility of this role is to ensure the compliance of the TFS Insurance Entities, which include a property/casualty insurer, captive insurer, and agency/administrator; and ensure the compliance of the TFS Voluntary Protection Products (VPP) - Vehicle Service Agreement (VSA), Guaranteed Auto Protection (GAP), Pre-Paid Maintenance (PPM), Tire and Wheel/Key and Excess Wear and Use (EWU).

Reporting to the TFS Voluntary Protection Products Compliance Manager, the person in this role will support TFS Enterprise Compliance’s objective to maintain compliance of the TFS insurance entities and allow the operation and solicitation of the TFS Voluntary Protection Products (VPP). 

What you’ll be doing  

• Ensuring TFS entities remain in good standing with regulatory authorities by completing required activities such as, holding company filings, corporate governance disclosures, and required officer notifications. 

• Working closely with the legal and business teams to ensure compliant VPP forms and completing required state form and rate filing activities.

• Providing legislative oversight to updates impacting TFS VPP (agents/vendors, team members, business operations, and/or company operations) by identifying, communicating, and overseeing implementation of new federal / state regulations.

• Obtaining/maintaining company state registrations and licenses required to offer TFS VPP.

• Responding to complaints or inquiries from regulatory or consumer agencies.

What you bring

• Bachelor’s Degree (or higher) or 2-5 years of relevant work experience (or in a similar field or industry)

• Hands on technical proficiency with Microsoft Office and web-based applications

• Strong analytical skills with a proven track record of providing sound recommendations

• Excellent written and verbal communication skills with success communicating across cross-functional teams

• Self-motivated, organized, highly adaptive, and able to manage multiple priorities simultaneously while meeting deadlines

Added bonus if you have

• 5 + years of relevant work experience (or in a similar field or industry)

• Compliance experience within the Financial Services Industry

• Strong knowledge of TFS Voluntary Protection Products

• Skills/Hands on technical proficiency with eGRC (Governance, Risk and Compliance system)

• Experience with state insurance department rate/form filings and SERFF application

• Understanding of TFS Policies and Procedures and experience analyzing and providing recommendations to increase compliance risk mitigation as well as enhance business efficiency when possible 

What we’ll bring

During your interview process, our team can fill you in on all the details of our industry-leading benefits and career development opportunities. A few highlights include: 

• A work environment built on teamwork, flexibility and respect 

• Professional growth and development programs to help advance your career, as well as tuition reimbursement 

• Team Member Vehicle Purchase Discount 

• Toyota Team Member Lease Vehicle Program (if applicable)  

• Comprehensive health care and wellness plans for your entire family 

• Toyota 401(k) Savings Plan featuring a company match, as well as an annual retirement contribution from Toyota regardless of whether you contribute