Job Summary
Global Compliance & Ethics (GC&E) helps protect the enterprise through collaborative partnerships that provide expert, innovative, and flexible solutions across the globe. The Compliance Risk & Governance team in GC&E owns the standards, methodologies, shared capabilities, and decision rights that allow the global compliance program to operate consistently across businesses and regions. The Principal, Regulatory & Compliance is responsible for the independent reporting of compliance risk to the Board, CEO, and executive leaders and for the assessment of whether the compliance program is operating effectively.
Responsibilities
Reporting to the Compliance Risk & Governance leader, the role works directly with the Chief Compliance Officer and is accountable for how compliance risk and program effectiveness are represented to the enterprise’s most senior audiences.
Compliance Risk & Governance is responsible for governance and oversight, program infrastructure, and effectiveness and insights. This role partners with the compliance risk assessment team and other key compliance stakeholders to draw the right inputs from across compliance and synthesize them into a coherent view for the Chief Compliance Officer and the Board.
Executive and Board Risk Visibility: Owns the compliance risk narrative and the Board, CEO, and executive reporting agenda, determining what must be elevated, to whom, and why. Sources the underlying information from peers across compliance, surfacing themes and ensuring conclusions are evidence based. Develops independent, decision-ready reporting, partners with the Chief Compliance Officer on Board and Risk Committee materials and drives follow-through on oversight commitments.
Compliance Effectiveness Measurement: Defines how program effectiveness is assessed and evidenced, including assessment methodology, maturity criteria, surveys, and scorecards. Reaches and defends the conclusion on whether the compliance program is operating as intended and improving over time and sets findings and remediation expectations arising from internal and external assessments.
Governance, Standards & Program Integrity: Sets the standard for what must be memorialized and to what bar. Owns the authoritative description of the compliance program and durable records of material governance decisions and their rationale, so that the program’s design and decision history remain defensible to regulators, auditors, and the Board.
Enterprise Influence & Cross-Functional Alignment: Drives communications with a wide variety of audiences, including the Board, executive leaders, enterprise compliance subject-matter teams, business unit and regional compliance, assurance functions, and technology and data partners, tailoring messages to the audience while preserving the independence of the compliance view.
10+ years of experience in compliance, risk, legal, or audit, including direct experience developing materials for and engaging with boards, board committees, or C-suite executives.
Demonstrated fluency with regulatory expectations for corporate compliance programs, including the U.S. Department of Justice Evaluation of Corporate Compliance Programs, and the ability to translate those expectations into program design, evidence, and reporting.
Experience owning or assessing compliance program effectiveness, including methodology design, maturity assessment, scorecards, and coordination of external program reviews.
Proven ability to exercise independent judgment on materiality and escalation, including the willingness to challenge conclusions the evidence does not support.
Excellent written communication skills, with a track record of turning complex, incomplete, and at times conflicting information into concise, decision-ready narrative for senior audiences.
Experience operating within a center-led or global operating model, influencing outcomes across functions and regions without direct authority.
Strong understanding of governance and documentation practices sufficient to withstand regulatory and audit scrutiny.
Excellent understanding of the general insurance industry and the compliance risks facing Liberty Mutual globally.
Bachelor’s degree required; advanced degree or relevant professional certification preferred.
Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.
We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://www.libertymutualgroup.com/about-lm/careers/benefits
Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.
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