Chief Compliance Officer
Are you looking for a career where you can make a difference? Would you like to be part of a culture that promotes learning and collaboration while helping employees with what they need to succeed and thrive? If so, Public Safety Personnel Retirement System (PSPRS) is looking for a Chief Compliance Officer who will help us achieve our goal of honoring the contributions and sacrifices of Arizona’s public safety employees by providing outstanding service to those who protect and govern our state. At PSPRS we understand that it begins with outstanding talent. It all begins with you. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.
The mission of Public Safety Personnel Retirement System is to deliver unparalleled service in providing retirement benefits to Arizona’s community of police officers, firefighters, corrections officers, judicial and elected officials. PSPRS serves approximately 60,000 active and retired public employees and is nationally recognized for its administrative and pension management excellence. We offer competitive pay and excellent benefits to those eager to serve our membership and mission. Interested applicants can visit www.psprs.com to learn more about our agency.
The Arizona Public Safety Personnel Retirement System (PSPRS) is currently seeking qualified candidates for the position of Chief Compliance Officer located in Phoenix, Arizona. Reporting to the PSPRS Assistant Administrator & General Counsel this position will provide assurance to the PSPRS Administrator and the Board of Trustees with respect to the integrity of the internal operations and decision-making practices of the System, to assist management in maximizing organizational effectiveness through compliance services and support, and to promote and support an organizational culture that builds compliance awareness into the daily business processes for investments, health insurance, and benefits administration. This position will have open and direct access to the Board of Trustees and will work closely and collaboratively with the Chief Internal Auditor and supervise Records Officer.
Collaboration with the Board of Trustees, committees and governance which includes:
- Overseeing compliance program and annual compliance plan
- Ensuring Board and staff are aware of and adhere to Code of Ethics, Code of Conduct, and other charter, policies and statutes related to PSPRS
- Periodic review of PSPRS fraud, conflict of interest, HIPAA regulations, and ethics policies ensuring staff training and awareness
- Collaborating with internal auditor to perform annual risk-assessment
Investment compliance functions include:
- Provide independent review all alternative investment capital calls
- Review new Investments accounts to ensure they are initiated for approved investments only and consolidated into the correct asset class for proper reporting
- Review Investment capital call commitments/unfunded commitments to confirm that System does not transmit funds which exceed the approved commitment
- Participate in the due diligence on potential investments by confirming that all required approvals have been obtained
- Administer the personal investing procedure and reporting
Perform the HIPAA Privacy Officer role ensuring the agency in general, and cancer insurance plan specifically, fully adheres to HIPAA regulations.
Knowledge, Skills and Abilities
- Legal due diligence activities including policies, procedures, investment opinions, transactions, allocations and authorizations.
- Risk assessments, compliance reviews and audits
- HIPAA privacy regulations
- Design compliance programs
- Communicate verbally and in writing to include presentations to Board
- Identify problems and propose solutions
- Maintain confidentiality
- Conduct interviews, develop conclusions, make decisions and write skillful and effective compliance reports
- Develop cooperative working relationships
- Perform reviews addressing internal control issues of PSPRS policies and procedures
Bachelor’s Degree (BA) in a related discipline and 5 or more years of relevant experience in legal, compliance, audit, regulatory or related field in a corporate or financial institution, retirement system, or brokerage firm. Preference for candidates with Certified Compliance & Ethics Professional (CCEP)
Employment is contingent on the selected applicant passing a background investigation to include credit and criminal history.
Retirement and Benefits
State employees are required to participate in the Arizona State Retirement System (ASRS), the State sponsored retirement contribution plan and the Long-Term Disability (LTD) program after a 27-week waiting period. The ASRS defined benefit plan provides for life-long income upon retirement. You will also have the option to participate in a voluntary deferred compensation program to take advantage of tax-deferred retirement investments.
At PSPRS, we promote the importance of work/life balance by offering workplace flexibility, a learning environment and a team oriented culture. Among the many benefits of a career with PSPRS, are:
- Paid Annual and Sick leave
- 10 paid holidays per year
- Health and dental insurance
- Retirement plan
- Life insurance and long-term disability insurance
- Optional employee benefits include short-term disability insurance, deferred compensation plans, and supplemental life insurance
- Optional participation in a 457 deferred compensation program, and employer matching on employee deferrals in the 457 plan (limited to a matching of 6% of salary on a per pay period basis).
Rob Parkes, Human Resource Director
Public Safety Personnel Retirement System