The Compliance Analyst (Testing) will undertake duties in accordance with the Compliance Testing Programme, which will include creating test scripts and supporting the wider team in ensuring that business activities and processes are compliant with rules and regulations. They will undertake risk assessments across various functional areas, identify weaknesses and provide data which will inform remediation. An individual in this position must have strong reporting and analytical skills, attention to detail, organizational skills, and the ability to effectively communicate
Duties/Responsibilities
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The role is responsible for assessing compliance risks and controls implemented by the business and functional areas in accordance with FINRA, SEC, and CTFC regulatory requirements.
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The role will perform independent testing activities (testing and on-going monitoring) to assess the design and effectiveness of key processes and controls designed to address compliance FINRA, SEC, and CFTC risk
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Participating in the development and enhancement of the compliance testing methodologies and standards for testing, monitoring, and reporting
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Developing and executing testing plans including sample selection, data analysis and documentation of findings
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Collaborating with internal stakeholders to understand business operations and identify compliance risks
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Identifying industry best practices and sharing insight with the broader Compliance team on an ongoing basis
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Informing Compliance management of significant compliance matters that require their attention or action
Education and/or Experience
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Bachelor's Degree or equivalent work experience required
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2+ years of Compliance, Legal, Regulatory, or Financial Services experience
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2+ years of experience conducting and performing regulatory exams, auditing, testing or completing risk assessments
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Encompass a level of understanding of the role of Compliance and Risk Management
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Experience in planning, executing (including assessment of policies and procedures and creating testing scripts).and reporting on compliance testing reviews and regulatory issue validation activities
Required Skills/Abilities
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Strong interpersonal skills and experience building strong relationships with stakeholders and engaging geographically diverse teams
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Excellent oral communication and writing skills, especially when interacting with non-executives and executive management across a number of business lines and control functions
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Must be a self-starter, flexible, innovative and adaptive
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Highly motivated, strong attention to detail, team oriented, and organized
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Ability to prioritize and multitask effectively under pressure and excellent organizational and time management skills are essential
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Ability to identify and analyze trends
Work Environment
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This job operates in a hybrid, office environment.
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