Compliance Examiner Job Description
Compliance examiner
provides ongoing maintenance of TMCC’s Compliance Management System designed to ensure compliance with applicable local, state, and federal laws, rules, and regulations.
Compliance Examiner Duties & Responsibilities
To write an effective compliance examiner job description, begin by listing detailed duties, responsibilities and expectations. We have included compliance examiner job description templates that you can modify and use.
Sample responsibilities for this position include:
Advises branch supervisory personnel on matters such as firm policies and procedures, regulatory rules
Provides input to guidelines for procedures and policies that comply with new and revised regulations, and directs their implementation
Trains PCG Examiners and Jr
Develops written supervisory and operational procedures to address firm policies and procedures SEC, FINRA, and MSRB regulatory rules
Researches, responds to, and directly interacts with SEC, FINRA, MSRB, or other regulatory bodies’ regulatory exams
Other duties as assigned by Branch Exam Compliance Officer or Chief Compliance Officer
Provides input to guidelines for procedures and policies that comply with new and revised regulations, and direct their implementation
Perform all applicable administrative duties such as filing, preparing various spreadsheets and reports, performing or assisting with special projects, responding to phone calls
Communicate results to all levels of field leadership
Participate in project, initiatives, as requested
Compliance Examiner Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Compliance Examiner
List any licenses or certifications required by the position: IAR, CFE, CISA, CFSA, CIA, CAMS, CRCM
Education for Compliance Examiner
Typically a job would require a certain level of education.
Employers hiring for the compliance examiner job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Finance, Accounting, Economics, Business/Administration, Education, Business, Statistics, Law, Graduate Education, Public Policy
Skills for Compliance Examiner
Desired skills for compliance examiner include:
Automotive parts and repairs
Florida Real-Time Vehicle Information System
Ability to apply state and federal laws
Cooling
Electrical
Gas and blueprint reading
Heating
Mobile Home construction in the areas of structural
Plumbing
Rules and regulations
Desired experience for compliance examiner includes:
Responsible for reviewing RCSAs performed by various Wealth Management Business Units, and support functions, inclusive of the Firm’s centralized repository to extract information, supporting documentation and reports related to RCSAs
Assess the adequacy and effectiveness of the RCSA for various units
Evaluation of controls, inherent and residual risks
Perform root cause analysis of identified issues
Prepare work paper documentation and corresponding reports relating to the audits conducted in accordance with Global Testing Standards
Assist in the periodic reporting regarding the results of RCSA reviews and key performance indicators to Compliance Management
Compliance Examiner Examples
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Compliance Examiner Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of compliance examiner. 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 examiner
- Implements, interprets and tests rules and regulations as the rules relate to internal controls
- Evaluates financial institution and mortgage banking activities to assess/monitor compliance with policies and procedures applicable federal and state laws and regulations
- Review marketing materials and communications with customers (including electronic communications) for compliance with applicable rules
- Monitor best execution and directed brokerage
- Serves as a key field office representative responsible for planning and conducting comprehensive compliance examination activities throughout his or her assigned geographical area
- Evaluates the Community Reinvestment Act (CRA) performance of financial institutions in accordance with current regulatory and corporate guidance, including small, intermediate, and large institutions those with CRA special designations
- Determines whether the defined assessment area and public files comply with applicable law, rule or regulation
- Conducts compliance examinations/reviews, , reviews loan samples for technical compliance with Federal law (e.g., Truth In Lending Act, Fair Housing Act, Real Estate Settlement Procedures Act, Equal Credit Opportunity Act, and Home Mortgage Disclosure Act)
- Assists bank management in formulating programs to address and correct deficiencies or problems identified
- Prepares examiner's comments and conclusions, including summary of findings under CRA compliance program and meeting with management
Qualifications for compliance examiner
- Demonstrated leadership competency, including the ability to build relationships and collaborate with other groups in the corporate office the field
- Experience in the Financial Services field with an in depth knowledge of testing and general knowledge of various Business, Operations, Compliance, Legal and Risk functions, with a preference for those with auditing and operational risk experience
- Bachelor’s Degree and a minimum of eight (5) years of compliance, audit or relevant business experience
- A minimum of three to five years of directly related experience
- Ability to communicate efficiently with corresponding parties
- Bachelor’s Degree and a minimum of five (5) years of compliance experience, with preference given to experience conducting brokerage, investment advisory, and/or banking compliance examinations
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Compliance Examiner Job Description
Job Description Example
Our innovative and growing company is looking for a compliance examiner. 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 examiner
- Meets with and interviews bank management and personnel to discuss the scope of examinations to determine and assess their knowledge and understanding of current law and regulations for providing feedback regarding the examination and to discuss findings and recommended corrective action
- Communicating audit findings to Targeted Assessments Management and clients
- Assist with required SEC and NFA-related regulatory filings (e.g., Section 13, Form PF, CPO-PQR, CTA-PR, ) and assist with gathering data for other regulatory filings (e.g., Form ADV)
- Conduct all required testing and report results of testing to business unit management Keep current on rules, regulations and policies necessary to effectively and adequately conduct testing
- Follow up on testing observations reported to business unit management and complete the action plan validation
- Escalate status of testing as warranted
- Visit various Schwab locations including headquarters, service centers and branches to conduct examinations
- Travel about 20-25% (about 3 to 5 business days per month)
- Developing scope, process flows, design evaluation, testing evaluations to ensure risk controls are implemented, functioning properly, and are being executed properly
- Examinations consist of trading analysis, on-site inspections, and document reviews
Qualifications for compliance examiner
- Incumbent may be relocated to any duty location to meet management needs
- Completion of Confidential Financial Disclosure may be required
- Employment Conditions
- Registration with the Selective Service
- This position requires the incumbent to have and maintain a valid driver's license in good standing
- Out-of-town travel and occasional overtime are required (including Saturday and Sunday)
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Compliance Examiner Job Description
Job Description Example
Our company is hiring for a compliance examiner. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for compliance examiner
- Evaluating findings and formulating conclusions in written reports on compliance assessments, required schedules, worksheets and narrative materials
- Regional travel will be required 40 percent of the time
- FINRA Series 7, 66, and 24 licenses (or equivalents) preferred
- Providing technical support to senior examiners developing responses to requests
- Review and test the controls in place for assigned key areas of regulations to determine adequacy of design and effectiveness of operation
- Review and report on an affiliate’s investment and trading capabilities (investment guidelines, forensic trade testing) and develop new tests to be applied under this program
- Produce recommendations and summary reports in a clear and concise manner
- Define and assess Health Plan performance against regulatory requirements, developing and delivering training, and identifying improvements in work processes and related documentation
- Write policy and procedures for both Membership and Customer Service Departments
- Act as Subject Matter Expert (SME) for Medicare compliance
Qualifications for compliance examiner
- You must be a current SEC NEP employee serving in the competitive service
- Series 24 strongly preferred (must obtain Series 24 within first three months)
- Must be detail oriented, with an inquisitive nature
- Previous experience in Manufactured Housing Industry
- Knowledge, skill, ability or experience using ladders, tape measures, screw guns, welding gauges, electric/continuity testers and reading blueprints
- Specific knowledge of all phases of mobile home construction
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Compliance Examiner Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of compliance examiner. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for compliance examiner
- Conduct compliance testing reviews under the direction of the Compliance Independent Testing (“CIT”) management in order to assess and review compliance with legal, regulatory and internal firm policy requirements
- Escalate potential issues and exception items noted during the review process to CIT management for discussion and further investigation if deemed necessary
- Ensure that all findings and recommendations are entered into the reporting & issue tracking system for tracking purposes and perform periodic follow-up of open issues to ensure proper resolution
- Conduct or assist with special investigations and projects as deemed necessary by senior Compliance and business management
- Identifies sales practice trends, regulation risks and supervisory deficiencies in order to mitigate risk to the firm, ensuring the safeguarding of assets and compliance with established policies, procedures, laws, and regulations
- Obtains, analyzes, and appraises data as a basis for an informed objective opinion on the adequacy and effectiveness of systems
- Documents issues identified during the course of exam activities and identifies practical solutions
- Prepares and issues examination reports and corrective action plans to senior management, providing detailed findings, recommendations and best practices for mitigation of potential risk
- Organizes and prioritizes multiple assignments to meet established deadlines and communicates status to management
- Performs and participates in cross-functional teams or special projects as requested (Oversight Reviews, Internal Reviews)
Qualifications for compliance examiner
- To have and maintain a valid driver license in good standing
- Extended (including occasional overnight) travel
- Must be able to work in inclement weather (extremely hot or cold temperatures)
- Must be able to climb on top of roofs and crawl under manufactured homes to complete inspections
- Ability to make sound, well-informed and objective decisions and assist in resolving problems
- Ability to prepare reports including expense reports, reports of investigation, and daily workload reports
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Compliance Examiner Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of compliance examiner. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for compliance examiner
- Implements exam process while considering travel plans, budget and cost analysis
- Establishes and maintains good client relations, and demonstrates solid understanding of the client’s business
- Conducts effective interviews with senior executives, management and other staff in obtaining an understanding of client’s business
- Presents exam findings and best practices / remediations to business leaders and senior management, clearly communicating the issue elements with accuracy
- Provides Compliance education, training and best practices to senior executives and all levels of employees throughout the organization
- Provides specific topic training to branch associates such as Amerivest, Advisor Direct, New Accounts
- Provides best practices, recommendations to branch managers, business unit managers, and senior level executives
- Provides additional guidance on regulatory rules and applies to supervision
- Identifies BSA/AML/OFAC compliance risk and helps ensure that proper controls, procedures, processes and training are in place to mitigate these risks by assisting in the development and revisions to appropriate policies and procedures
- Detect patterns, trends and unusual activity through monitoring suspicious transactions and reviewing various bank reports
Qualifications for compliance examiner
- Ability to perform mathematical calculations to include calculating square footage
- Ability to use machines, tools, or equipment effectively
- Skill at using problem solving techniques through identifying problems, determining accuracy and relevance of information
- Skill in providing customer service to diverse clientele in a tactful and courteous manner
- Skill in using computer, printer, fax machine, telephone scanner, copier and other office equipment
- Bachelor's Degree, preferably in Finance, English/Journalism, Business Management, Economics or similar subject