Compliance Analyst Job Description Template
Our company is looking for a Compliance Analyst to join our team.
Responsibilities:
- Provide assistance with internal and external reporting to regulators ;
- Respond to regulatory and compliance questions and requests from the firm’s key stakeholders and other departments;
- Performance of second line Compliance Monitoring activities, such as Gifts and Entertainment monitoring;
- Assisting in the review of the compliance policies and procedures;
- Provide support in tracking compliance monitoring and internal audit actions;
- Implement compliance monitoring and testing plans, and ensure that appropriate review procedures are followed;
- Providing support to the Compliance KYC process;
- Contribute to the continuing development, preparation and maintenance of the compliance and financial crime policies and procedures;
- Produce detailed reports with recommendations based on these findings;
- Providing advice on AML,
- Third party on-boarding KYC checks;
- Monitor the impact of any new regulatory developments on the organisation, making recommendations for necessary changes;
- Support on the delivery of the compliance plan e.g. projects such as monitoring reviews / baseline monitoring;
- Assisting with the provision of ad-hoc advice to clients;
- Supporting consultants in managing or participating in regulatory projects, such as annual compliance audits or mock examinations.
Requirements:
- Energetic and someone who thrives in a fast paced envrionment;
- 2-3 years experience in a Risk and Compliance or Regulatory background;
- Degree educated or relevant qualfications;
- Automotive, Manufacturing or Engineering background desirable;
- Graduate (2:2 or above);
- 2/3 years previous general Compliance experience in a Lloyd’s Managing Agent;
- Strong communication skills both oral and written;
- Detailed understanding of FCA rules and regulations, JMLSG and other Financial Crime industry guidance;
- Strong academic background;
- An understanding of finance/regulatory matters and a keen desire to pursue a career in Compliance;
- Have the ability to analyse risks and understand complex business processes quickly;
- Some experience and knowledge of the Asset Management/Hedge Fund industry is desirable but not essential;
- You’re a motivated self-starter, who is inquisitive, tenacious and able to meet strict deadlines;
- You must be pro-active, with strong presentation and inter-personal skills.