Risk and Compliance Analyst Job Description Template
Our company is looking for a Risk and Compliance Analyst to join our team.
Responsibilities:
- Support the Compliance Officer with gap analysis of existing and proposed regulation and best practice;
- Support the wider business functions with daily compliance and risk queries;
- Analyse themes and trends from available MI;
- Support the Risk & Compliance Officers in the delivery of the annual monitoring plan;
- Maintaining the firm’s records of processing activities spreadsheet to ensure compliance with the firm’s obligations under the GDPR;
- Reviewing and drafting relevant policies and procedures to ensure the firm is aligned with all legal obligations;
- Responding to compliance related requests;
- Researching and, when necessary supporting the Risk and Compliance Manager with the implementation and governance of DAC6;
- Supporting the Risk and Compliance Manager when responding to data subject access requests;
- Reviewing client due diligence packs;
- Performing risk assessments, ongoing monitoring and due diligence for Know Your Client purposes;
- Any other ad-hoc task as reasonably requested;
- Keeping abreast of relevant changes, notably from the Solicitor’s Regulation Authority, and supporting with the implementation of any changes;
- Performing data protection impact assessments and contract reviews for various new assets in line with relevant data protection rules;
- Providing ongoing and ad-hoc support on various compliance queries.
Requirements:
- Risk oversight,
- Regulatory and compliance requirements;
- Risk framework and controls,