Chief Compliance Officer – Telecommute Anywhere in U.S.
UnitedHealth Group
UnitedHealth Group, the parent organization of UnitedHealthcare and Optum, is one of the world’s leading diversified health care companies.
Combine two of the fastest-growing fields on the planet with a culture of performance, collaboration and opportunity and this is what you get. Leading edge technology in an industry that is improving the lives of millions. Here, innovation is not about another gadget; it is about making health care data available wherever and whenever people need it, safely and reliably. There is no room for error. If you are looking for a better place to use your passion and your desire to drive change, this is the place to be. It’s an opportunity to do your life’s best work.(sm)
Optum Bank is a leader in advancing digital, analytics, and technology to connect healthcare and finances in unprecedented ways. Optum Bank creates solutions for healthcare payers, providers, and consumers to simplify the healthcare experience and create value, address the cost of care, and make the healthcare system work better for everyone.
Optum Bank seeks a passionate and highly motivated Chief Compliance Officer. Reporting to the Bank president, the Chief Compliance Officer will lead all aspects of the Optum Bank Compliance program and Compliance Management System (“CMS”) according to regulatory requirements and expectations of the Consumer Financial Protection Bureau, Federal Deposit Insurance Corporation and Utah Department of Financial Institutions. As a member of the executive team of the Bank, the Chief Compliance Officer will hold a key role in defining the Bank’s compliance posture and strategy. As the leader of a dynamic and growing compliance function, the CCO will direct, advise, and support the business on all matters of regulatory requirements, policies and expectations; work with functional leads and operational leads to ensure applicable compliance and regulatory requirements are identified and adhered to in business processes, and ensure, as part of the 2nd Line of Defense, that compliance risk is identified, monitored, managed, and controlled within Board risk appetites.
You’ll enjoy the flexibility to telecommute from anywhere within the U.S. as you take on some tough challenges.
Primary Responsibilities:
- Lead execution, management, and enhancement of the Bank Compliance program and Compliance Management System to Board strategic objectives, regulatory requirements and expectations, and regulatory requirements
- Oversee and direct the Bank’s Compliance Program, including Compliance Risk Assessment, Compliance oversight of product development and implementation; acquisitions due diligence and implementation; regulatory change management; policies and procedures; compliance monitoring and testing; compliance training; consumer complaints oversight; and management and Board reporting
- Chair Bank Compliance Committee and advance compliance posture and “tone from the top” among senior bank leadership, enterprise stakeholders, and the Board of Directors
- Manage BSA/AML officer and oversee implementation and execution of an appropriate risk-based BSA/AML and OFAC program
- Manage regular supervisory examinations and interactions as part of the FDIC and UDFI Continuous Supervision Program as well as consumer protection and Community Reinvestment Act examinations of the CFPB, FDIC, and UDFI; nurture and advance regulatory relationships to achieve compliance and Bank strategic objectives
- Supervise Community Reinvestment Act program and collaborate with CRA Officer and other Bank and enterprise constituencies to execute Bank CRA program according to CRA Strategic Plan and supervisory expectations
- Partner with the executive team to develop strategic plans and budgets to enhance infrastructure (people, processes, and technology) to meet Bank goals
You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.
Required Qualifications:
- Bachelor’s degree
- 7+ years of experience leading the compliance function in a large/complex bank or other regulated financial institution, including commercial and consumer lending products
- Demonstrated experience in designing and implementing control frameworks to manage regulatory and compliance risk
- Comprehensive knowledge of Bank regulation and regulatory guidance and posture in risk management, consumer protection and CRA
- Full COVID-19 vaccination is an essential job function of this role. Candidates located in states that mandate COVID-19 booster doses must also comply with those state requirements. UnitedHealth Group will adhere to all federal, state and local regulations as well as all client requirements and will obtain necessary proof of vaccination, and boosters when applicable, prior to employment to ensure compliance. Candidates must be able to perform all essential job functions with or without reasonable accommodation
Preferred Qualifications:
- Advanced degree and/or appropriate compliance-related certifications
- Experience delivering fintech solutions through an insured depository institution (build, buy, partner)
- Experience with Health Savings Accounts and other health-related accounts (FSA, HRA, etc.)
- Prior regulatory experience
To protect the health and safety of our workforce, patients and communities we serve, UnitedHealth Group and its affiliate companies require all employees to disclose COVID-19 vaccination status prior to beginning employment. In addition, some roles and locations require full COVID-19 vaccination, including boosters, as an essential job function. UnitedHealth Group adheres to all federal, state and local COVID-19 vaccination regulations as well as all client COVID-19 vaccination requirements and will obtain the necessary information from candidates prior to employment to ensure compliance. Candidates must be able to perform all essential job functions with or without reasonable accommodation. Failure to meet the vaccination requirement may result in rescission of an employment offer or termination of employment
Careers with Optum. Here’s the idea. We built an entire organization around one giant objective; make health care work better for everyone. So when it comes to how we use the world’s large accumulation of health-related information, or guide health and lifestyle choices or manage pharmacy benefits for millions, our first goal is to leap beyond the status quo and uncover new ways to serve. Optum, part of the UnitedHealth Group family of businesses, brings together some of the greatest minds and most advanced ideas on where health care has to go in order to reach its fullest potential. For you, that means working on high performance teams against sophisticated challenges that matter. Optum, incredible ideas in one incredible company and a singular opportunity to do your life’s best work.(sm)
Colorado, Connecticut or Nevada Residents Only: The salary range for Colorado residents is $134,200 to $257,700. The salary range for Connecticut / Nevada residents is $134,200 to $257,700. Pay is based on several factors including but not limited to education, work experience, certifications, etc. In addition to your salary, UnitedHealth Group offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with UnitedHealth Group, you’ll find a far-reaching choice of benefits and incentives.
All Telecommuters will be required to adhere to UnitedHealth Group’s Telecommuter Policy.
Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.
UnitedHealth Group is a drug-free workplace. Candidates are required to pass a drug test before beginning employment.
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