Risk and Compliance Manager
New York
Legal – Legal - 531 /
Full Time /
Hybrid
The Company
Cover Genius is a Series E insurtech that protects the global customers of the world’s largest digital companies including Booking Holdings, owner of Priceline, Kayak and Booking.com, Intuit, Uber, Hopper, Ryanair, Turkish Airlines, Descartes ShipRush, Zip and SeatGeek. We’re also available at Amazon, Flipkart, eBay, Wayfair and SE Asia’s largest company, Shopee. Our partners integrate with XCover, our award-winning insurance distribution platform, to embed protection for millions of customers worldwide each year.
Our team and products have been recognized with dozens of awards including by the Financial Times which ranked Cover Genius as the #1 fastest-growing company in APAC in 2020. Our diverse team across 20+ countries and many language groups commit itself to diverse cultural programs, in particular “CG Gives” which makes social entrepreneurs out of us all and funds development initiatives in global communities.
Our People are
Bold, Authentic, Purposeful and Inspired
Our People are not
Perfect, Traditional, Complacent or Cautious
As a Risk and Compliance Manager within our Risk Management Team, you will oversee the company’s Third-Party Risk Management (TPRM) program, lead Know Your Customer (KYC) requests, and ensure the effective management of sanctions screening processes. Additionally, you will own project management for the team as well as long term mitigation projects. You will support the team’s efforts with incident and risk reporting as well as the annual corporate insurance renewals and regular reporting for our various global workers’ compensation programs.
To drive success in this role, you will have strong knowledge of Third-Party Risk Management (TPRM) and KYC processes, with a proven track record of managing and assessing vendor risk. As the Risk and Compliance Manager you will have experience with sanctions screening and ensuring compliance with relevant regulations. Regular collaboration with Legal, Structures, Compliance, Finance and Partnerships teams will be key in ensuring effective risk and compliance adherence and promoting a company culture valuing these principles. Excellent project management skills are necessary to be successful in this role.
Key Responsibilities
- Own and manage the company’s Third-Party Risk Management (TPRM) and due diligence processes, ensuring effective identification, assessment, and mitigation of vendor risks in alignment with our Risk Management Appetite.
- Support and coordinate Know Your Customer (KYC) requests across multiple teams, ensuring accurate collection and submission of required documentation in accordance with regulatory and company guidelines.
- Execute the implementation and monitoring of the company’s sanctions compliance program, including screening, reviewing potential matches, and escalating sanctions alerts in accordance with regulatory requirements and internal policies.
- Assist in the completion of corporate insurance applications across all insurance programs by gathering required data, coordinating with internal stakeholders, and ensuring timely and accurate submissions.
- Support the team’s efforts with incident and risk reporting Support the development and execution of ESG initiatives by maintaining documentation and assisting with data gathering and reporting.
- Aid Compliance team efforts in the completion of compliance monitoring plans, assisting with reporting, tracking, and following up on action items.
- Own project management of long-term risk mitigation plans.
What you will bring:
- A bachelor’s degree in Business, Risk Management, Legal Studies or a related field (certifications such as ARM, CRCMP or other are a bonus).
- At least 5 years experience in a risk management or compliance role.
- Prior experience managing Sanctions regulations, reporting requirements and familiarity with the various global bureaus requiring reporting.
- Previous experience with a late-stage start up or early stage company is a plus.
Proficiencies and Attributes
- Clearly articulating complex compliance requirements to various stakeholders, both in written and verbal communication, while fostering collaboration across departments.
- Project management background with the ability to manage multiple projects across various functional areas.
- Navigating changing regulations, shifting priorities, and new risks in a dynamic business environment with flexibility and a solution-oriented mindset.
- A detail-oriented and organized work ethic with the ability to manage multiple priorities and meet deadlines in a fast-paced environment.
Why Cover Genius?
Cover Genius not only cares about being the best in our industry, we care about our team. We’re a business that understands life can be fluid and so we flex to ensure we provide the environment to suit that. What does that mean?
• Flexible PTO. Taking time out is important for our teams to enjoy life and stay fresh.
• Employee Stock Options - we want our people to share in our success, we reward them with ownership for their contribution in creating a world-class company.
• Work with like-minded people who are passionate about both the work we're doing and giving back. Our CG Gives programs enables us to all become philanthropists through our peer recognition and rewards system.
• Social Initiatives - pictures speak a thousand words!
Sound interesting? If you think you have the best composition of the above, send us your resume and let's chat!
* Cover Genius promotes diversity and inclusivity. We don't tolerate discrimination, demeaning treatment of anyone, or harassment due to race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or any other legally protected status.
*US Candidates: The cash compensation range for this role is between $110,000 and $160,000 depending on experience.
