Compliance Specialist II

DOWC; Parsippany-Troy Hills (NJ); On-site; USD 70,000 - 100,000; Full time

Benefits offered by this job

Medical, Dental, Vision insurance

401(k) matching

PTO and Sick Time

Corporate events and recognition

PTO & Sick Time

Company events

Job summary

A leading provider of automotive compliance services in Parsippany, NJ, is seeking a Compliance Specialist II. The ideal candidate will have at least 3 years of compliance experience, preferably in automotive F&I. Responsibilities include supporting compliance programs, maintaining regulatory functions, and drafting contracts. The company offers competitive compensation, benefits, corporate events, and a collaborative work environment. Join our team to ensure compliance excellence in the automotive industry.

Qualifications

• Minimum of 3+ years of relevant corporate compliance experience.
• Automotive F&I compliance experience highly preferred.
• Strong ability to work independently and collaboratively.
• Strong attention to detail and analytical skills.
• Ability to multi-task in a dynamic environment.

Responsibilities

• Support development and implementation of compliance programs and policies.
• Monitor and improve internal compliance and regulatory functions.
• Maintain confidentiality with regards to all aspects of client and company information.
• Provide subject-matter expertise to clients, departments, lenders, and regulatory partners.
• Keep abreast of legislative changes and assess impact on the business.

Skills

Attention to detail

Written and verbal communication

Analytical skills

Time management

Time management

Team player

Education

Bachelor’s Degree in business, corporate law, or related field

Job description

Dealer Owned Warranty Company LLC is a leading provider of F&I (Finance and Insurance) partnership services in the automotive industry, offering a full suite of obligor and administrator services, top‑of‑the‑line products, technology, and training. We understand the importance of leveraging process and technology in the F&I industry to drive revenue and ensure success. Our goal is to provide visibility, transparency, and the tools needed for our partners to build their wealth and achieve their goals. DOWC prides itself on taking care of its employees (We were voted one of the “Best Places to Work” three years in a row!), and we also offer award‑winning products.

All of our positions are fully on‑site in Parsippany, NJ.

Job Summary

We are seeking a highly competent and detail‑oriented compliance specialist to join our team in the automotive F&I industry. The Compliance Specialist II supports the development and implementation of compliance programs, policies, reporting, and practices for the organization and related companies. The ideal candidate will possess exceptional attention to detail and written communication skills. F&I or automotive compliance experience highly preferred.

Duties/Responsibilities

• Identify business functions and practices that require regulatory activities and assist the compliance management team in developing a compliance strategy.
• Maintain a proactive approach to challenges and resolve issues efficiently.
• Continually monitor and improve internal compliance and regulatory functions and complete legal/compliance research to ensure that the organization is compliant with applicable state and federal law.
• Identify and document changes in laws and governmental policies and assist in evaluating, developing, and implementing a compliance plan, as necessary.
• Draft/update contracts and submit them for review with various states and lenders for approval as required.
• Provide subject‑matter expertise to DOWC’s clients, departments throughout the company, lender and regulatory partners.
• Actively involved in keeping up-to-date with respect to legislative changes, including completing legal/compliance research, and how those may impact company’s line of business in the automotive Finance & Insurance industry, with an eye toward identifying business process gaps, weaknesses, and/or deficiencies needing correction.
• Assist in performing research regarding expansion of business into various other countries/territories.
• Maintain and protect confidentiality with regards to all aspects of client and company information.
• Ability to multi‑task, prioritize, and manage time effectively in a teamwork environment.
• Performs general administrative tasks as needed.
• Perform other duties as directed by management.

Required Skills & Experience

• Minimum of 3+ years of relevant corporate compliance experience.
• Bachelor’s Degree in business, corporate law, communications, or related field preferred.
• Automotive F&I compliance experience highly preferred.
• Exceptional written and verbal communication skills.
• Strong attention to detail and analytical skills.
• Ability to multi‑task and remain professional at all times in a dynamic environment.
• Excellent time management skills and a proven ability to meet deadlines.
• Strong ability to work both independently and collaboratively.

Come Join Our Growing Team

• Competitive compensation.
• Medical, Dental, Vision, 401(k) matching, Life Insurance, medical expense card.
• PTO and Sick Time.
• Corporate events, team and culture building activities, employee awards and recognition, company trips and more!

DOWC is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected Veteran status, sexual orientation, gender identity, gender expression, genetic information, or any other characteristic protected by law. Applicants who require accommodation to participate in the job application process may contact us for assistance.