DOWC · 1 week ago
Compliance Specialist II
Parsippany, NJ
Full-time
Onsite
Mid Level
$70K/yr - $90K/yr
3+ years expDealer Owned Warranty Company LLC is a leading provider of F&I partnership services in the automotive industry. The Compliance Specialist II supports the development and implementation of compliance programs and policies, ensuring the organization adheres to applicable laws and regulations.
IndustrialIndustrial EngineeringManufacturingService Industry
Responsibilities
Identify business functions and practices that require regulatory activities and assist the compliance management team in developing a compliance strategy
Maintain a proactive approach to challenges and resolve issues efficiently
Continually monitor and improve internal compliance and regulatory functions and complete legal/compliance research to ensure that the organizations are compliant with applicable state and federal law
Identify and document changes in laws and governmental policies and assist in evaluating, developing, and implementing a compliance plan, as necessary
Draft/update contracts and submit them for review with various states and lenders for approval as required
Provide subject matter expertise to DOWC's clients, departments throughout the company, lender and regulatory partners
Actively involved in keeping up-to-date with respect to legislative changes, including completing legal/compliance research, and how same may impact company’s line of business in the automotive Finance & Insurance industry, with an eye toward identifying business process gaps, weaknesses, and/or deficiencies needing correction
Assist in performing research regarding expansion of business into various other countries/territories
Maintain and protect confidentiality with regards to all aspects of client and company information
Ability to multi-task, prioritize, and manage time effectively in a teamwork environment
Performs general administrative tasks as needed
Performs other duties will be at the discretion of management
Qualification
Required
Minimum of 3+ years of experience as a Compliance Specialist or related role in a corporate environment, preferably in the insurance or financial services industry
Exceptional written and verbal communication skills
Strong attention to detail and analytical skills
Ability to multi-task and remain professional at all times in a dynamic environment
Excellent time management skills with a proven ability to meet deadlines
Strong ability to work both independently and collaboratively
Preferred
Bachelor's Degree in business, corporate law, communications, or related field preferred
Automotive F&I compliance experience or knowledge highly preferred
Benefits
Medical, Dental, Vision, 401k matching, ancillary benefits
PTO and Sick Time
Corporate events, team and culture building activities, employee awards and recognition, company trips and more!
Company
DOWC
DOWC is an industrial company that offers customizable F&I products.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Michael LaMotta
Chief Executive Officer | Founder
Recent News
Company data provided by crunchbase