Compliance Review Job Description
Compliance review
provides direction and author computer system Periodic Review and System Risk Register documentation to assure that computer software systems comply with applicable GxP regulations and client requirements/expectations.
Compliance Review Duties & Responsibilities
To write an effective compliance review job description, begin by listing detailed duties, responsibilities and expectations. We have included compliance review job description templates that you can modify and use.
Sample responsibilities for this position include:
Degree in law, business or accounting desirable
Working with various Audit teams, to pull data and explain processes during internal/external reviews and Responsible Officer attestation process
Review advertising, sales literature, disclosures, notices, reports, forms, and correspondence for compliance with firm and industry rules
Coach and mentor less experienced associates
Researches rules and regulations to clarify and interpret
Creation, implementation, and management in day-to-day operation of Compliance systems and creation and updating of procedures documenting these (covering various securities and reviews, such as options, cancelled trade activity, low priced securities, etc)
Informs appropriate senior management about issues that may involve rule violations or potential liability both through presentations quarterly comprehensive reporting
Respond to internal and external inquiries regarding regulatory requirements
Quality Tester/Reviewer for a range of areas as per the GFCC O&C’s Plan for 2015-16 to ensure effective supervision over GFCC activities
Risk Assessments, CDD and Tools, Transactions Screening, Investigations (P&P), Global Sanctions Standards, Training, Tax Evasion (non-FATCA), Trade Finance, Governance, Metrics, Information Sharing
Compliance Review Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Compliance Review
List any licenses or certifications required by the position: ACAMS, AML, CFCS, CFE, CAMS
Education for Compliance Review
Typically a job would require a certain level of education.
Employers hiring for the compliance review job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Finance, Business, Education, Financial Services, Management, Accounting, Law, Economics, Business/Administration, Sound
Skills for Compliance Review
Desired skills for compliance review include:
Accounting
Loan documentation and bank terminology
Necessary computer applications
Accounting software
Audit
MS Office applications
Statistical sampling methodogies
Audit and risk
Client on boarding and regulators
Computer Telephone Interrelation mandatory document due diligence/ intermediary processing software
Desired experience for compliance review includes:
Have substantial input to the ongoing EMEA SAR Filing and non-SAR filing investigations case QT
Support the GFCC Testing team through a review of their annual plan and inputs for each specific review
Gather and/or analyze relevant documents for branch/desk reviews
Update and/or revise procedures manual
Research applicable regulatory rules or Firm policies
Maintain database of branch/desk review findings
Compliance Review Examples
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Compliance Review Job Description
Job Description Example
Our company is looking to fill the role of compliance review. 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 review
- Be responsible for reviewing social media including social media postings (LinkedIn, Twitter, Blogs, YouTube) and for maintaining all policies and procedures related to social media compliance
- Assist with testing policies and procedures
- Assist with ad hoc compliance projects as necessary
- Make a judgment on the risk, based on all findings (such as the nature or location of the business, the dollar values or transaction volumes involved, historical information and other pertinent information sourced through public sources)
- Review advertising, sales literature, disclosures, notices, reports, forms, and/or correspondence for compliance with firm and industry rules
- Assist in creation of advertising disclosures required by regulatory agencies for compliance
- Reviewing marketing material, including the review of product, economic, training, and educational materials, and other public communications
- Ensuring compliance with regulatory requirements and internal company policies and procedures
- Filing materials with appropriate regulatory agencies
- Performing other compliance functions as needed basis
Qualifications for compliance review
- Cultivate and promote relationships with senior level clients and business partners
- Oversight of principal approval on high risk annuity/insurance transactions for over 50 branches
- Review firm process and procedures for compliance with industry regulations relating to annuity and insurance business
- Trend reporting to review patterns within area on annuity transactions
- Research annuity/insurance specific information
- Proactively attend meetings and hold ad hoc discussions with business partners and other areas to understand new initiatives, offer compliance guidance, and determine the potential impact to communications and marketing materials
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Compliance Review Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of compliance review. 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 review
- Provide support and guidance for compliance efforts in assigned business entity
- Search various databases for existing client relationships that may be in conflict with a new proposal
- Assist U.S. proposal teams perform an international conflict check with the applicable foreign Member Firms
- For a DTTL proposal, prepare and circulate a conflict check message to the affected U.S. personnel, monitor the responses received, and independently or in consultation with a manager, follow up and coordinate with LCSPs to obtain resolution of potential conflicts of interest, and communicate the resolution to the foreign Member Firm
- Prepares and conducts risk assessments and reports of compliance activities and metrics
- Coordinating ad hoc project deliverables
- Supporting writing of requirements for Tax Pre-existing accounts due diligence (PADD) initiatives
- Creating metrics and reporting to support the programme delivery of TAX PADD initiatives
- Supporting the project manager in managing the new regulatory projects from planning, impact analysis, business requirements documentation, delivering Key Operating Procedures (KOP’s), training and solution design to track and report on the population
- Participating and providing results for user acceptance testing within automated tools, such as ensuring the Computer Telephony Integration (CTI’s) tax form re-solicitation function, is providing accurate information
Qualifications for compliance review
- Fundamental investment concepts, practices and procedures used in the securities industry (and annuities for the Annuities Specialist)
- Conducting and analyzing basic compliance reviews and/or materials to identifying irregularities
- Functional knowledge of investment products (Mutual Funds, ETFs, UITs)
- Broad understanding of advertising regulations relating to insurance and financial products, SEC, FINRA and State Department of Insurance requirements
- The ideal candidate for this position is experienced with regulatory compliance requirements, risk based workflow analysis and is effective in change management
- Aptitude to provide clear guidance to the business during the development stages of marketing materials
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Compliance Review Job Description
Job Description Example
Our innovative and growing company is hiring for a compliance review. 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 review
- Producing and reporting account status data and Management Information Systems (MIS) to Tax Operations
- Supporting the team with questions and escalating to management
- Reviewing of C&DS procedures, to identify and document impacts on underlying processes, systems, people and the organisational structure
- Developing KOP
- Conducting necessary training on systems
- Identifying and resolving project related issues and challenges
- Performing quality checks for compliance, to project and quality management standards
- Supporting the day to day teams where functions overlap
- Coordinating and working with the responsible office, for Foreign Account Tax Compliance Act (FATCA)/ Compliance Review Systems (CRS), Technology and Tax operations
- Executing project plans and major milestones
Qualifications for compliance review
- Enjoy working autonomously with groups
- Familiarity with issues relating to the Internet and electronic commerce
- Compliance and/or similar control function experience a plus
- Commensurate experience will be considered
- Experience with insurance products and/or operations a plus
- Candidates should possess solid knowledge of the principles/concepts/practices of the compliance discipline, and be able to utilize analytic and negotiating skills with and provide guidance with regard to sales, advertising and marketing materials
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Compliance Review Job Description
Job Description Example
Our growing company is looking to fill the role of compliance review. 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 review
- Conducting a thorough background review of existing registered associates of the firm which includes analysis of credit history, criminal history, insurance and CRD disclosures
- Ensuring suitability for employment of Financial Advisor, Branch Office Administrator, and HQ candidates in both the US and Canada by conducting a thorough background review including analysis of credit history, criminal history, education, prior employment, financial and regulatory sanctions, CRD disclosures and licensing
- Works directly with registered firm associates or candidates, and vendor to resolve discrepancies between information obtained independently from the background screening vendor or directly from the registered associates or candidate
- Responsible for identifying and reviewing court documents, police reports, credit reports, tax documents, employment documents, candidate statements regarding discrepancies, and other documents needed to review each situation on an individual basis
- Makes hiring decision to approve or deny candidates after completing comprehensive review
- Makes decision regarding potential escalation of concerns identified for registered firm associates to Resolution, HR, Asset Surveillance, or Reportable Events
- Coordinates with Reportable Events, HR Associate Relations, Registration, Asset Surveillance, Compliance Resolution and Legal-Regulatory on escalated concerns
- Based on the outcome of the review and analysis conducted on each candidate, determines whether or not regulatory disclosures must be made and works with FINRA and/or Reportable Events to respond to their Department of Justice/CHRI and disclosure letter requests
- This role requires a high level of confidentiality, strong documentation, investigation and decision making skills
- Responsible for owning a key business area relationships and partnering with associates, leaders and Talent Acquisition team(s) in those areas
Qualifications for compliance review
- Currently possess Series 6 and 26
- 2 to 3 years of marketing review experience
- Must be a participant of the YEAR-UP program
- Experience reviewing advertising and sales materials
- Currently possesses Series 6/7 and 24/26
- Excellent verbal and written business communication skills, prior exposure to international business correspondence a plus
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Compliance Review Job Description
Job Description Example
Our growing company is looking for a compliance review. 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 review
- Ensure premier client service and professional relations between the firm’s Compliance department and the firm’s Business Development Group (“BDG”)
- Keep up-to-date on global regulations and regulatory environment in assigned area, and participate in training and education for other Compliance personnel business unit personnel
- Review of home office and internal marketing materials and advertisements
- Serving as a back-up for review of life insurance and annuity advertising materials
- Provide support to our social media compliance program including reviewing social media articles, and representative profiles
- Researching and providing guidance to business partners on complex advertising rules and regulations
- Reviewing Doing Business As Names, and Outside Business activity advertising
- Serving as a contributor on other compliance projects and committees as necessary
- Assisting the Management team preparing reprimand letters for training and other violations
- Conduct review and provide approval or feedback for marketing and advertising collateral submitted by internal business partners supporting the Client credit programs
Qualifications for compliance review
- Currently possess Series 7
- Solid knowledge of world's geography
- Self-directed, adaptable to changes in the work environment/rules/directions
- Team player, able to meet deadlines and work under pressure
- Minimum 5 years of compliance industry experience preferred
- Comprehensive understanding of industry rules and regulations pertaining to relevant products, acceptable business practices, and compliance policies