Specialist, Corporate Compliance

If you're passionate about being part of a diverse organization that enables a Fortune 100 company with nearly $70 billion in annual sales 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.

The Office of Compliance & Ethics (OCE) Shared Services team is seeking a Specialist to help advance the department’s data evolution and operational effectiveness. This role supports the operational backbone of OCE through responsibilities including:

• supporting regulatory training, including triaging intake, managing assignments, and developing reporting;
• supporting records management compliance activities, including resolving billing issues, updating disbursement code owners, and advancing the use of metrics;
• enhancing senior leadership reporting and conducting access reviews; and
• providing support across reporting, governance, and administrative priorities.

The ideal candidate is highly organized, detail-oriented, and collaborative, with strong communication skills and the ability to manage multiple priorities effectively. Experience in reporting and data analytics using Databricks, Power BI, SharePoint, and Excel are strongly preferred.

Preference is for a candidate to work from a primary Nationwide office, Columbus OH, Des Moines IA, or Scottsdale AZ with the option for a hybrid working environment. May be flexible to a remote working environment based on the candidate’s unique skills and experiences.

Job Description Summary

Are you someone who is compelled to “do the right thing?” Are you 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 solve 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 find ways to 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 Specialist, you will collaborate with our business partners to ensure business operations are conducted in compliance with regulatory, legal and organizational requirements. You’ll plan, perform and sometimes lead or assist in leading various types of compliance reviews with our business partners, detecting compliance issues and helping to build and deliver innovative solutions.

Job Description

Key Responsibilities:

• Analyzes various regulations impacting the products and procedures of assigned product and/or functional area. Facilitates or assists with facilitating the development of policies and procedures and collaborates with our business partners to implement them.

• Researches and clearly and effectively communicates policy changes/updates impacting compliance and responds to inquiries from the business.

• Creates and maintains internal manuals, documentation files, and other related regulatory records to ensure that our records and resources are up-to-date and remain accurate.

• Builds and manages various reports and metrics for trend analysis.

• Performs testing on business unit procedures to ensure compliance. Analyzes results to identify key trends and collaborates with business partners to make recommendations. Utilizes data analytics where appropriate that help to further the efficiency and effectiveness of our Compliance programs.

• Collaborates with business unit leadership to develop corrective actions for identified compliance issues.

• May create and host, or assist with creating and hosting, various types of compliance training or presentations.

• May coordinate the production of documents and requests for regulatory exams, investigations, subpoenas, etc., including responses to regulatory inquiries.

• Identifies innovation and continuous improvement opportunities. Follows through to develop the ideas in collaboration with business partners and other Compliance staff.

May performs other responsibilities as assigned.

Reporting Relationships: Reports to a Manager, Technical Director, Director or Associate Vice President

Typical Skills and Experiences:

Education: Undergraduate studies in business administration, insurance, business ethics, criminal justice, computer science, finance or pre-law is preferred.

License/Certification/Designation: Depending on the specific Compliance team, you may be required to acquire professional licenses/registrations within a designated time period.

Experience: Typically, five or more years of related work experience in financial services, insurance, compliance or a related field.

Knowledge, Abilities and Skills: Able to build and develop relationships. Demonstrates strong communication skills. Proven ability to set priorities, organize work, and meet deadlines. Creative, innovative, analytical thinking, and problem-solving skills. Able to effectively evaluate and recommend solutions to compliance issues. Demonstrated research and documentation development skills. Insurance, and/or financial services knowledge is preferred. Data analytic experience is a plus.

Other criteria, including leadership skills, competencies and experiences may take precedence.

Staffing exceptions to the above must be approved by the Director and HR Business Partner. There can be no exceptions to any NASD required certifications.

Values: Regularly and consistently demonstrates the Nationwide Values.

Job Conditions:

Overtime Eligibility: Exempt (Not eligible)

Working Conditions: Normal office environment. Nonstandard work hours may be required due to pending compliance issues and project work. May require occasional travel.

ADA:  The above statements cover what are generally believed to be principal and essential functions of this job.  Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties. 

Benefits

We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.

Smoke-Free Iowa Statement: Nationwide Mutual Insurance Company, its affiliates and subsidiaries comply with the Iowa Smokefree Air Act. Smoking is prohibited in all enclosed areas on or around company premises as well as company issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree Air Act, individuals may contact the Smokefree Air Act Helpline at 888-944-2247.

NOTE TO EMPLOYMENT AGENCIES:

We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.

Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.

The national salary range for Specialist, Corporate Compliance : $79,500.00-$148,500.00

The expected starting salary range for Specialist, Corporate Compliance : $79,500.00 - $119,500.00