About Us
Dealer Owned Warranty Company LLC is a leading provider of F&I (Finance and Insurance) partnership services in the automotive industry, offering a full suite of obligor and administrator services, top-of-the-line products, technology, and training. We understand the importance of leveraging process and technology in the F&I industry to drive revenue and ensure success. Our goal is to provide visibility, transparency, and the tools needed for our partners to build their wealth and achieve their goals. DOWC prides itself on taking care of its employees (We were voted one of the “Best Places to Work” three years in a row!), and we also offer award-winning products. All of our positions are fully on-site in Parsippany, NJ.
Job Summary:
The Compliance Specialist I supports the development and implementation of compliance programs, policies, reporting, and practices for the organization and related companies. This role independently conducts compliance research, documents changes, and communicates updates and findings to team leadership. The Compliance Specialist I collaborates with multiple departments to ensure compliance programs meet regulations on an ongoing basis.
Duties/Responsibilities:
- Identify functions and business practices requiring compliance and regulatory activities.
- Perform administrative functions related to the development of a compliance strategy.
- Conduct compliance research to ensure that the organization and related companies are compliant with applicable state and federal law, as well as lender requirements.
- Monitor internal compliance and regulatory functions across the organization.
- Evaluate, develop, and implement updated compliance plans as necessary.
- Document changes in laws and governmental policies that may impact internal processes and/or products.
- Coordinate the creation and distribution of the monthly Compliance Compass newsletter.
- Perform day-to-day operational and administrative tasks for the department including licensing and renewals, state and lender form submissions, coordination of team and interdepartmental meetings (scheduling, agendas, minutes), resolving issues that may arise, and other tasks as needed.
- Collaborate with multiple departments to oversee and sustain company licensing and renewals, ensuring all financial accounts and insurance policies remain up to date.
- Manage registered agent relationship, SOS filings, and any other documentation that may be required.
- Maintain and protect confidentiality regarding all aspects of client and company information.
- Perform other duties at the discretion of management.
Required Skills and Experience:
- Relevant experience in law, ethics, organizational business, and regulatory/compliance matters preferred, but not required.
- Experience building internal relationships and working across a highly matrixed organization.
- Excellent communication and interpersonal skills.
- Proficiency in Microsoft 365 is required; Adobe experience is a plus.
- Excellent organizational skills and attention to detail.
Come join our growing team here in Parsippany! As NJ's Best Places to Work Honoree for four years in a row, we offer:
- Competitive compensation
- 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.
DOWC is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected Veteran status, sexual orientation, gender identity, gender expression, genetic information, or any other characteristic protected by law. Applicants who require accommodation to participate in the job application process may contact us for assistance
Pay: From $65,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Ability to Commute:
- Parsippany-Troy Hills, NJ 07054 (Required)
Work Location: In person
