Senior Compliance Specialist (225-826)

The Senior Compliance Specialist is a highly skilled professional responsible for ensuring that an organization adheres to legal standards and in-house policies. This role involves developing and overseeing control systems to prevent or address violations of legal guidelines and internal policies. The Senior Compliance Specialist will evaluate the efficiency of controls and improve them continuously. A pivotal part of the role is to monitor adherence to external regulatory and legal standards, as well as internal policies and procedures. The specialist will also provide compliance training to staff and report on any suspected non-compliance activities. This position requires a deep understanding of regulatory requirements and can effectively apply this knowledge to help the organization remain compliant in a dynamic regulatory landscape.

Responsibilities

• Develop and implement compliance policies and controls to detect misconduct.
• Evaluate risk management strategies to ensure regulatory compliance of operations.
• Coordinate with different departments to direct compliance issues to appropriate channels.
• Conduct internal audits to assess whether established protocols are being followed.
• Monitor ongoing activities to remain aware of emerging compliance trends.
• Prepare detailed compliance-related reports and communicate findings to executive management.
• Train staff on compliance-related topics, policies, or procedures.
• Handle non-compliance issues and develop action plans for resolution.
• Coordinate and manage audit exercises by regulatory bodies as required.
• Keep abreast of new laws and regulations that may affect the organization's operations.
• Collaborate with cross-functional teams to ensure the implementation of corrective actions.
• Conduct compliance risk assessments and communicate findings to key stakeholders.

Requirements

• Bachelor's degree in Business, Law, or a relevant field required.
• A minimum of five years of experience in a compliance-related role.
• In-depth knowledge of the industry’s standards and regulations.
• Proven experience in managing compliance within a corporate setting.
• Excellent analytical skills to interpret complex data and legal documents.
• Strong attention to detail with the ability to articulate compliance issues clearly.
• Effective communication skills and the ability to train staff on compliance matters.