Risk Assurance Lead

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Company: RGA Reinsurance Company

Location: Chesterfield, MO 63017

Description:

Position Overview

The Compliance Assurance Lead will be an individual contributor to the Compliance Assurance team within RGA Global Ethics and Compliance ("GEC") at RGA headquarters in St. Louis, MO. The Lead is a key contributor who manages and performs second-line of defense activities providing compliance assurance to RGA. They will work within the Compliance Assurance team to assess compliance risks, drive operating efficiencies, and identify potential improvements. The individual will lead, manage, and execute various aspects of the second-line assurance program including assessments, plans, processes, testing, controls, etc.

Responsibilities

  • Lead, manage, or execute second-line assessments, examining compliance with regulatory requirements and internal policies or procedures in accordance with the Compliance Framework. Liaise with and challenge risk and control owners self-assessments on a regular basis. Activities include evaluating controls, policies, and processes for effectiveness and compliance; process/control sampling and testing; and executing risk mitigation strategies across business units and market segments.
  • Responsible for and may lead junior staff in business unit and related legal entity level internal and external reporting. Facilitates and coordinates with all necessary stakeholders on the preparation of comprehensive yet concise reporting for all necessary risk committees, boards, and other stakeholders across the assigned business units. Lead the development and improvement of management reporting.
  • Collaborate with senior management during the annual assessment planning process to create a compliance-aware culture. Ensure the established compliance framework is aligned with appropriate regulatory requirements and escalate any associated issues.
  • Work cross-functionally with applicable stakeholders to assess impact, assign ownership, and review management action plans for assessment findings.
  • Collaborate with Global Audit Services, Global Legal Services, and Global Risk Services on risk-related topics.
  • Collaborate, consult, and mentor peers within the department. May assist with associate development including interviewing, training, or sharing of best practices.
  • Perform special GEC projects as assigned.
  • Maintains regular and predictable attendance.


Requirements

EDUCATION AND EXPERIENCE

Required:
Bachelor's degree or equivalent work experience
Minimum of 5+ years of experience in enterprise risk management, operational risk, internal audit, or compliance related fields
Preferred:
Post-graduate or professional qualification in a related field is desired

SKILLS AND ABILITIES

Required:
Clear understanding of applicable laws, regulations, and requirements impacting financial institutions
Strong knowledge of compliance risk management concepts, frameworks, methods, and good governance practice
Effective ability to adapt to a rapidly changing work environment, demonstrating the capacity to manage multiple tasks and deadlines simultaneously
Team-oriented with strong organizational and interpersonal skills
Strong analytical, critical thinking, and decision-making skills with excellent written and verbal communication skills
Effective ability to prioritize projects and work independently when necessary
Sound attention to detail
Strong ability to make timely and effective decisions
Advanced Microsoft Office skills
Effective ability to quickly learn and understand the business of RGA

Company Overview

Reinsurance Group of America, Incorporated (NYSE: RGA) is one of the largest global providers of life reinsurance, with offices around the world. RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, financial solutions, facultative underwriting, and product development. Our mission is to enhance our clients' prosperity by supporting their financial and risk management capabilities.

The general pay range for this position is $95k-$105k base per year. Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement and other employee benefits.

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