Principal - Compliance (Hybrid) (Richmond, VA)

The Principal - Compliance manages and advances key enterprise Compliance programs and regulatory management capabilities. This position supports regulatory intelligence and change management, regulatory inventory and obligations management, regulatory implementation tracking, Compliance training, , and Compliance Management System maturity initiatives. The work includes tracking and monitoring for all applicable laws within the 50 states and applicable Federal Laws and Regulations. The role partners with Legal, Enterprise Risk, Compliance subject matter experts, business owners, and other stakeholders to translate regulatory developments and program needs into structured, sustainable processes and to promote effective governance, documentation, reporting, and continuous improvement.Sub-Family DefinitionRegulatory Affairs and Compliance is responsible for ensuring regulatory approval and maintaining licenses and permits for products. Monitoring, interpreting, and assessing the impact of legislation, regulations, and regulatory developments on business operations and compliance programs. Activities may include:Defining, documenting, and implementing policies and procedures that comply with applicable laws and may exceed legal requirementsConducting compliance training, auditing adherence to programs, investigating complaints, and ensuring corrective actions are takenPreparing, reviewing, and managing regulatory and compliance documentation and reporting for internal and external audiencesCareer Specialization DefinitionThe Compliance area ensures organization functions are in compliance with all relevant laws, regulations, and policies. Responsible for:Organization and implementation of compliance audits.Performing and/ or managing daily compliance risk identification, inspection and reporting.Developing and implementing both domestic and international preventative measures and internal controls.Other duties as assigned.Position AccountabilitiesLead and administer regulatory intelligence and change management processes, including monitoring regulatory developments, coordinating impact assessments, tracking implementation activities, and developing related metrics and reporting. This includes all applicable 50 state laws and federal laws and regulations.Maintain and enhance regulatory inventory and obligations management processes, including governance, documentation standards, data quality, and linkages to relevant risks, controls, policies, procedures, and training.Coordinate regulatory implementation tracking to promote timely assessment, assignment, documentation, implementation, and evidence-based closure of applicable regulatory changes.Manage and advance enterprise Compliance training processes, including governance, requirements, scheduling, tracking, reporting, and identification of opportunities to improve training effectiveness.Support Compliance Management System maturity and continuous improvement initiatives through program assessments, enhancement roadmaps, metrics, reporting, and identification of opportunities to standardize, simplify, and automate processes.Partner with Legal, Compliance subject matter experts, business and control partners, and data and technology teams to support effective and sustainable Compliance programs and solutions.Manage projects and enhancements associated with assigned Compliance programs and provide analysis and insights to Compliance leadership and applicable governance forums.Career Level DefinitionRecognized subject matter expert in a job area typically obtained through advanced education and work experience. Responsibilities typically include:Managing large projects or processes with limited oversight from manager.Coaching, reviewing and delegating work to lower level professionals.Problems faced are difficult and often complex.Knowledge & ExperienceBachelor's Degree required; equivalent combination of education and experience may be consideredTypically requires 6 - 8+ years prior experience, with deep knowledge of job areaSignificant experience in Compliance, regulatory affairs, risk management, audit, or a related discipline.Demonstrated knowledge of regulatory change management, regulatory research, regulatory inventories, obligations management, or comparable Compliance programs.Strong analytical and problem-solving skills, with the ability to assess program effectiveness, identify risks or process gaps, and recommend improvements.Experience developing program metrics, management reporting, and insights to support decision-making.Strong written and verbal communication skills, with the ability to exercise independent judgment and influence stakeholders across the organization.Salary offered will be based on several factors including but not limited to education, work experience, certifications, etc. This position is also eligible to participate in either an applicable incentive compensation plan for the position or a discretionary profit sharing bonus program. General information on our comprehensive benefits package can be found by visiting . We are proud to be an Equal Employment Opportunity employer. We maintain a drug-free workplace.Job SummaryRequisition Number: PRINC010638Job Category: Legal, Compliance \& AuditSchedule: Full-Time