Compliance & Control Job Description
Compliance & control
provides risk and control related advisory services to support essential business functions in conjunction with the Compliance Coordinator and the Business Risk Officer.
Compliance & Control Duties & Responsibilities
To write an effective compliance & control job description, begin by listing detailed duties, responsibilities and expectations. We have included compliance & control job description templates that you can modify and use.
Sample responsibilities for this position include:
Liaison/coordination with Operations, Internal Auditors, CFOs and Divisional Finance on operational and financial controls matters
Evaluate consistency of control standards and programs across regions and LOBs, Regions, Products, Locations, and across Functions
Gain an understanding of the Global Settlement of Conflicts of Interest between Research and Investment Banking
Become familiar with NASD Rule 2711 concerning Research Analysts and Research Reports
Review stock trading reports to identify potential insider trading concerns
Help maintain the confidential watch list of potential investment banking transactions
Prepare and disseminate the Employee Trading Restricted List each morning
Chaperone telephone calls between Research Analysts and Investment Banking personnel
Respond to regulatory inquiries concerning investment banking transactions
Review and maintain the Watch and Restricted Lists
Compliance & Control Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Compliance & Control
List any licenses or certifications required by the position: CAMS, CPA, CRCM, CISA, CIA, GRC, CFA, ODOT, CISM, CISSP
Education for Compliance & Control
Typically a job would require a certain level of education.
Employers hiring for the compliance & control job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Business, Education, Accounting, Financial Services, Law, Management, MBA, Economics, Business/Administration
Skills for Compliance & Control
Desired skills for compliance & control include:
Operations
Acts in conformance with HSBC internal control standards
Assigned businesses
Products
Systems and organization and understanding of all significant regulatory compliance requirements applicable to the business
Industry compliance initiatives pertaining to areas of responsibility and best practices
Control and risk management concepts with the ability to design
Create and evaluate a risk assessment in conjunction with business partners
Financial Services and their operational processes
Financial Services Industry
Desired experience for compliance & control includes:
Review and approve Equity Research reports against the Watch and Restricted Lists
Perform Regulation M analysis and advise Capital Markets
Respond to trading inquiries from FINRA and other regulatory bodies
Liaise with other Compliance staff to ensure uniformity
Ability to work from home to provide coverage during off hours
Provide guidance and expertise for ground training on controls, controls substantiation, root cause analysis
Compliance & Control Examples
1
Compliance & Control Job Description
Job Description Example
Our company is looking for a compliance & control. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for compliance & control
- Qualified in accounting, IFRS, SOX
- Previous experience in auditing is preferred
- Provide guidance and on the ground training on the following key areas but not limited to controls, controls substantiation, root cause analysis
- Effectively partner with GCO stakeholders, Oversight and Controls and firm subject matter experts so as to effectively understand firm standards, polices and regional regulatory requirements to ensure Global Control Initiatives are executed consistently across functions and are based on a robust set of controls and procedures
- Execute against the Control Initiative program - including the creation of a strategy to test business resiliency plans, monitoring the effectiveness of SLAs, reviewing IAS charters for anomalies or control gaps, and defining a project plan for the implementation of system access reviews
- Contribute to the development of tactical and strategic tools, including but not limited to the Tactical OBI system, the PAD system and the attestation system
- Contribute to the development of web based training modules
- Produce multiple web based training modules, including writing content, design and delivery
- Produce policies, communications and other ad-hoc materials relating to the Conflicts project or wider Compliance team
- Ad-hoc classroom training
Qualifications for compliance & control
- Ability to take ownership and see matters to completion
- Canadian Securities Course (CSC) desirable but not required
- Conduct and Practices Handbook (CPH) and Trader Training Course (TTC) desirable but not required
- Excellent interpersonal skills, strong personality, confident, highly motivated and organised
- First level university degree with a focus in finance and/or accounting
- Typically 3+ years of experience in either top 4 firm auditor or accounting lead or financial control
2
Compliance & Control Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of compliance & control. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for compliance & control
- Defining clear roles, task and expectations
- Ensuring staff are knowledgeable of compliance programs relative to the business
- Providing direction, coaching and training as required, developing and implementing plans for the continued
- Mentoring direct reports and encouraging development
- Reviewing Market commentary and Credit commentary
- Reviewing Equity Research
- Coordinating Conflict Clearance
- Conducting AML checks
- Facilitation of Wall Crossings
- Conducting KYC checks
Qualifications for compliance & control
- Effective interaction with colleagues and external parties at all levels
- A practical and analytical mind
- Capacity to “think on your feet” and make a sound judgment
- Regulatory education and guidance in relation to Compliance obligations surrounding Financial Control e.g SOX
- Perform deep dive Risk projects and change initiatives
- Degree qualified, CA / CPA or relevant Risk & Compliance qualifications and/or memberships
3
Compliance & Control Job Description
Job Description Example
Our company is searching for experienced candidates for the position of compliance & control. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for compliance & control
- Perform review / examine current processes to identified inherent risks and existing controls, proposing enhancements were appropriate
- Participate in, other operational risk and control projects or initiatives as assigned
- Ensure coordination by assigned examination teams of meetings, logistics, and all deliverables with the business, control teams, and Legal and Compliance stakeholders
- Arrange meetings with regulators and Compliance and/or business management
- Liaison/coordination with Offshore & Outsourcing (O&O) and Divisional Finance on operational matters
- Liaison with stakeholders including CFOs, Internal Audit (IA), external Audit and Corporate Financial Controls (CFC)
- May identify and evaluate, and/or develop the programs to coach and strengthen internal control skills within the organization
- Monitor compliance in business ethics and detect and report potential violations
- Prepare and support your Department/Division & Divisional Finance for audits
- Represent management by providing subject matter expertise, and guidance to assist auditors during their mission
Qualifications for compliance & control
- Self-motivated, proactive, decisive
- Proactive, with ability to work independently and provide constructive and timely guidance to junior team members
- Be the key referral point for Anti Money Laundering (AML), Privacy, Business Continnuity Plan (BCP) and Compliance for the Caribbean Collections teams
- Ability to coordinate and prioritize multiple initiatives
- Familiarity with maintaining an active watch list and performing related surveillance
- Familiarity with maintaining a restricted list and performing related surveillance
4
Compliance & Control Job Description
Job Description Example
Our company is hiring for a compliance & control. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for compliance & control
- Support the execution of the corporate control programs focusing on activities such as Record Retention, Sworn Documents, User Tools, Resiliency, Third Party Operations, and Inter-Affiliate Services
- Assist in updating the firm’s policies & procedures
- Participate in working group discussion or workshops related to Control Room
- Assist in other compliance tasks as required to achieve team objectives
- Maintenance of the firm’s Watch and Restricted List
- Evaluate and approve wall crossing requests
- Review and clearance of Research for publication
- Perform cross-divisional conflict checks and identify potential issues
- Provide advice and guidance on legal, regulatory and compliance requirements as they relate to information barriers, conflicts of interest, offering rules, trade restrictions, and research
- Assist in the development, review and testing of Control Room systems
Qualifications for compliance & control
- Familiarity with general UK and US compliance issues and relevant laws and regulations, US Securities Act and the UK Financial Services Act
- Solid working knowledge of relevant product areas
- Ensure prompt and proper reporting to senior management working closely with heads of departments
- Assisting with regional projects and tasks when necessary
- A good working knowledge of auditing, advisory or regulatory risk from working in financial institutions, regulators or similar spaces
- Competent with MS Excel, Access, Word and PowerPoint
5
Compliance & Control Job Description
Job Description Example
Our company is growing rapidly and is hiring for a compliance & control. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for compliance & control
- Supporting the P2P BSI process
- Maintain a standard and proper GL account ownership within the AP area, working closely together with the R2R Department and our BPO partner
- Supporting the completeness of the AP related BSI activities
- Understanding AP procedures and processes for the relevant Businesses, the internal BSC processes
- Work closely with other teams within the GBS to ensure that overall operational objectives are met, ideas shared and lessons learnt
- Develop, control and improve processes and procedures from control and compliance perspective to ”Best in Class” standards
- Ensure that all activities are compliant with the GBS Health and Safety (HSSE) requirements
- Writes reports to communicate project results to management
- Co-ordinate and implement distribution of annual employee disclosure questionnaire/survey
- Project manage Significant Classes of Transaction (SCOT) process flow updates including performing risk assessments and designing new or updates to control environment
Qualifications for compliance & control
- Operates in accordance with standard operating procedures
- The governance of the correct execution on performance steering and review tools (SLAs, SIs)
- Knowledge and understanding of quality management financial / controlling metrics
- 2+ years of experience in business or IT risk and control identification, analysis, assessment, and ranking
- Minimum of 1 years of compliance, legal, or audit roles
- Think analytically and provide advice based on sound judgment