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.
Job Summary:
We are seeking a professional and detail-oriented compliance professional in the insurance or automotive F&I industry to join our growing team. The Compliance Specialist II supports the development and implementation of compliance programs, policies, reporting, and practices for the organization and related companies.
Duties/Responsibilities:
- Identify business functions and practices that require regulatory activities
- Assist the compliance management team in developing a compliance strategy
- 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.
- Actively involved in daily operations of the Compliance Department to meet deadlines and manage licensing and renewals for internal entities, as well as dealers and DOWCs structures.
- Work with various other departments to manage and maintain company licensing in between renewals and ensure that financial accounts and insurance policies are current.
- Manage registered agent relationship and SOS filings and renewals and any other documentation that may be required in connection therewith.
- 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.
Required skills/Abilities:
- Minimum of 3-5+ years experience in a corporate compliance role, preferrably within the insurance, F&I, or financial services industries.
- Bachelor's Degree in business administration, business law, ethics, or related field preferred.
- Excellent communication skills both written and verbal in English.
- Excellent interpersonal and customer service skills.
- Strong analytical and problem-solving skills
- Must have superior technology skills with proficiency in Microsoft Office 365 and Adobe.
- Ability to multitask and remain professional at all times.
- Excellent organizational skills and attention to detail.
- Excellent time management skills with a proven ability to meet deadlines.
- Self-starter with the ability to work independently.
- Ability to speak Spanish helpful but not required.
- Ability to work fully on-site in Parsippany, NJ.
Come join our growing team here in Parsippany! As NJ's Best Places to Work Honoree for three years in a row, we offer:
- Competitive compensation
- Medical, Dental, Vision, 401k matching, Life Insurance, 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: $80,000.00 - $90,000.00 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
