Sales Compliance Manager

Job Description:

Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most. It’s a big ask, but it’s one that we have the power to deliver when we work together. We collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it’s the right thing to do. Pacific Life is more than a job, it’s a career with purpose. It’s a career where you have the support, balance, and resources to make a positive impact on the future – including your own.

We are seeking a talented Sales Compliance Manager to join our team in Newport Beach, CA or Omaha, NE. .

The ideal candidate will have a robust understanding of FINRA rules on non-cash compensation and how it applies to Consumer Markets Division (CMD) sales and distribution. The candidate will build rapport with sales leadership and sales teams to collaborate on improving control systems and provide training and guidance regarding various compliance requirements. The candidate will manage the Wholesaler Support team who provides administrative services, including the procurement and expense management of gifts, promo, and events. The candidate will also collaborate with Corporate Treasury, Sales Intelligence, and OGC on technology needs, including concur integration, and development/improvement of control systems and reporting. 

Responsibilities:
•    Collaborate with Office of General Council compliance on regulatory requirements, violations, appropriate supervision, and procedure development.
•    Responsible for helping to ensuring that a proper system of reporting and approval controls is in place to facilitate sales leadership’s supervision in accordance with our written supervisory procedures (WSPs).  
•    Monitor Tableau reports for gifts and entertainment meals/activity (including business meals) for expenses outside of guidelines, De-Minimis Review, Office visits, and Education Events.
•    Monitor promotional items in Salesforce/Concord systems and research and validate violations to ensure accuracy.
•    Work with sales leadership on findings and follow up as appropriate.
•    Maintain records and evidence of review.
•    Lead and coach a team who provide administrative support to field wholesalers. Support includes – expense management, procurement of gifts, de minimus items, small event coordination, promotional mailers. 
•    Act as a liaison between members of the sales team, and OGC and PSD CEO. 

Factors for Success:
•    FINRA Series 6/7, 26/24 and 63 Licenses Required
•    5+ years of experience in expense controls, compliance, risk management, audit or 
•    5+ years of experience related to the supervision and controls related to non-cash compensation
•    Three to five years experience managing similar functions.
•    Deep Knowledge of FINRA rules on non-cash compensation and how it applies to CMD sales and distribution
•    Strong analytical and problem-solving skills
•    Excellent communication and interpersonal skills
•    Ability to work independently and as part of a team
•    Strong business acumen and ability to create efficient and repeatable processes and controls.
•    Demonstrated ability to think strategically and align internal resources. 
•    Comfortable acting as a leader without having direct authority, to drive compliance across support teams
•    Experience in developing policies and procedures
 

You can be who you are.

People come first here. We’re committed to an inclusive workforce. Learn more about how we create a welcoming work environment at www.pacificlife.com. What’s life like at Pacific Life?

Visit Instagram.com/lifeatpacificlife. 

Benefits start Day 1.
 

Your wellbeing is important. We’re committed to providing flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.
• Prioritization of your health and well-being including Medical, Dental, Vision, and a Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
• Generous paid time off options including Paid Time Off, Holiday Schedules, and Financial Planning Time Off 
• Paid Parental Leave as well as an Adoption Assistance Program
• Competitive 401k savings plan with company match and an additional contribution regardless of participation.

Base Pay Range:

The base pay range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.

$105,120.00 - $128,480.00

Your Benefits Start Day 1
 

Your wellbeing is important to Pacific Life, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.

• Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents

• Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off

• Paid Parental Leave as well as an Adoption Assistance Program

• Competitive 401k savings plan with company match and an additional contribution regardless of participation

EEO Statement:

Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.