This job is expired. See open roles here
Company logo

Retirement Compliance Director

ADP
Est. $96,461 - $230,000 / year
Posted Jul 14
Full Time
On SiteFlorham Park, New Jersey

ADP is hiring a Retirement Compliance Director. 

  • Are you looking to join a fast-paced, inclusive environment with a culture of collaboration and belonging?

If so, this may be the opportunity you’ve been searching for. Read on and decide for yourself.

We provide our clients with Technology, Service, and Innovation to support all their Human Capital needs – from recruitment to retirement.  Our affiliates help businesses attract and retain talent by offering comprehensive benefit packages.  We provide institutions and independent advisors with investment and technology solutions to help their employees engage in benefit packages that cover health and retirement needs. 

 

The goal of ADP Retirement Trust Services is to provide trust services solution to retirement plan sponsors. Our offerings pair the investment management expertise of ADP Strategic Plan Services, LLC, an SEC Registered Investment Advisor (ADP SPS) or outside RIA’s, with ADP Retirement Services retirement plan administration.

  • The Retirement Compliance Director assists in that purpose by competently performing their role to ensure proper compliance by leading important initiatives, building strong relationships, and collaborating with teams across all of ADP. We take great pride in building strong and lasting relationships with our internal and external customers, providing sound fiduciary guidance, and delivering a great client experience.
  • The Retirement Compliance Director is an integral leader of the retirement compliance team. The team provides compliance services supporting ADP’s Retirement Services business unit.
  • The Retirement Compliance Director will serve as the Anti-Money Laundering (AML) Compliance Officer for ADP Retirement Trust Services, LLC (ADPRTS), as the primary compliance contact with federal and state regulators regarding anti-money laundering inquiries, and as a support contact with state trust regulators and provide compliance support for other federal regulators affiliated with ADP Broker Dealer, Inc., Member FINRA (ADPBD) and ADP Strategic Plan Services, LLC an SEC Registered Investment Advisor (ADP SPS).
  • As the AML Compliance Officer, the Retirement Compliance Director will have day-to-day responsibility for monitoring and managing all aspects of ADPRTS program, as well as overseeing underlying controls required to support the AML program as implemented. The Retirement Compliance Director should be able to demonstrate effective and concise communication regarding internal and or external business challenges and/or regulatory issues.  Subsequently demonstrate the ability to recommend process, product and/or service improvements.  This role will interface directly with executive leaders of ADPRTS as well as its parent company and must be able to lead projects to achieve milestones and objectives while collaborating with key stakeholders.
  • The Retirement Compliance Director is a self-starter and stays up to date with new regulations that may impact ADPRTS and its affiliates ADPBD & ADP SPS and will recommend and implement product and/or service improvements under the direction of the Chief Compliance Officer. The Retirement Compliance Director will have primary AML compliance responsibility, under the direction of the Chief Compliance Officer. The Retirement Compliance Director must have:

 

A little about ADP: 

We are a global leader in human resources technology, offering AI and machine learning-enhanced payroll, tax, human resources, benefits, and much more. We believe our people make all the difference in cultivating an inclusive, down-to-earth culture that welcomes ideas, encourages innovation, and values belonging. We’ve received recognition as a global Best Places to Work and a recipient of many prestigious awards for diversity, equity, and inclusion, including a DiversityInc® Top 50 Company, Best CEO and company for women, LGBTQ+, multicultural talent, and more. As part of our deep DEI commitment, our CEO has joined the OneTen coalition to create one million jobs for Black Americans over the next ten years. Learn more about DEI at ADP on our YouTube channel: http://adp.careers/DEI_Videos

 

TO SUCCEED IN THIS ROLE: REQUIREMENTS: 

A college degree is great. What’s more important is having the skills to do the job. Other experience and commitments include: 

  • BA/BS or equivalent education and experience required 
  • 10 years of combined AML and/or investment related compliance experience
  • Technical knowledge and application related to Bank Secrecy Act, FINCEN rules and requirements as well as FINRA and SEC regulations.
  • Serve as a member on the ADPRTS Risk Committee
  • Serve as a Compliance Principal for ADPBD & ADP SPS
  • Independently present to the Board of Managers of ADPRTS and the ADP Global AML Trade and Sanctions Officer with the collaboration of the Chief Compliance Officer regarding all AML matters
  • Primary contact for the AML Risk Assessment, annual AML independent audits, and regulatory AML audits
  • Collaborate with business partners at all levels within ADP Retirement Services
  • Independently modify the AML compliance program, including assisting with updating procedures documents, to ensure regulatory requirements are consistently met.
  • Navigate potential conflicting objectives of other affiliates or business units within ADP to deliver solutions that comply with industry regulations.
  • Provide recommendations to the CCO regarding policy processes for ADPBD & ADP SPS and assist in the operational implementation of any amendments.
  • Seek out potential solutions for internal processes that are in compliance with industry regulations and requirements for ADPRTS as well as its affiliates ADPBD & ADP SPS.
  • Complete 2-week RS new hire training program in Florham Park
  • Complete a 30-day rotation in Florham Park with the compliance and operational support groups of ADP BD & ADP SPS
  • SIE, Series 6 and 26 (can be obtained after hire date)

 

YOU’LL LOVE WORKING HERE BECAUSE YOU CAN:

  • Be yourself in a culture that values equity, inclusion, and belonging and creates a safe space for diverse perspectives and insights.
  • Belong by joining one of nine Business Resource Groups where you can connect globally with networks and allies who share common interests and experiences.
  • Grow your career in an agile, fast-paced environment with plenty of opportunities to progress.
  • Continuously learn. Ongoing training, development, and mentorship opportunities for even the most insatiable learner.
  • Be your healthiest. Best-in-class benefits start on Day 1 because healthy associates are happy ones.
  • Balance work and life. Resources and flexibility to more easily integrate your work and your life.
  • Focus on your mental health and well-being. We’re here to provide exceptional service to our clients, and none of that happens without each of us taking care of ourselves and being there for one another.
  • Join a company committed to giving back and generating a lasting, positive impact upon the communities in which we work and live. 
  • Get paid to pay it forward. Company-paid time off for volunteering for causes you care about.

 What are you waiting for?  Apply today!

 

Diversity, Equity, Inclusion & Equal Employment Opportunity at ADP:

ADP affirms inequality is detrimental to our associates, our clients, and the communities we serve. Our goal is to impact lasting change through our actions. Together, we unite for equality and equity. ADP is committed to equal employment opportunities regardless of race, color, genetic information, creed, religion, sex, sexual orientation, gender identity, lawful alien status, national origin, age, marital status, or protected veteran status. We support an inclusive workplace where associates excel based on personal merit, qualifications, experience, ability, and job performance.

 

Ethics at ADP: 

ADP has a long, proud history of conducting business with the highest ethical standards and full compliance with all applicable laws. We also expect our people to uphold our values with the highest level of integrity and behave in a manner that fosters an honest and respectful workplace. Click https://jobs.adp.com/life-at-adp/ to learn more about ADP’s culture and our full set of values.

 

Diversity, Equity, Inclusion & Equal Employment Opportunity at ADP: 

ADP affirms that inequality is detrimental to our associates, our clients, and the communities we serve. Our goal is to impact lasting change through our actions. Together, we unite for equality and equity. ADP is committed to equal employment opportunities regardless of any protected characteristic, including race, color, genetic information, creed, national origin, religion, sex, affectional or sexual orientation, gender identity or expression, lawful alien status, ancestry, age, marital status, or protected veteran status and will not discriminate against anyone on the basis of a disability. We support an inclusive workplace where associates excel based on personal merit, qualifications, experience, ability, and job performance.

 

Ethics at ADP: 

ADP has a long, proud history of conducting business with the highest ethical standards and full compliance with all applicable laws. We also expect our people to uphold our values with the highest level of integrity and behave in a manner that fosters an honest and respectful workplace. Click https://jobs.adp.com/life-at-adp/ to learn more about ADP’s culture and our full set of values.

Similar Opportunities