Finance Compliance Job Description

Finance Compliance Job Description

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Finance compliance provides assistance, as needed, in other areas of consumer protection compliance including Truth In Lending Act (TILA); Servicemember’s Civil Relief Act (SCRA); Unfair, Deceptive, Abusive Acts or Practices (UDAAP); and others.

Finance Compliance Duties & Responsibilities

To write an effective finance compliance job description, begin by listing detailed duties, responsibilities and expectations. We have included finance compliance job description templates that you can modify and use.

Sample responsibilities for this position include:

Support LOB and work stream lead weekly status submission to Enterprise Program Management (EPM) and Roadmap Book of Work program
Support the preparation, review, update and distribution of presentation decks used for the Cross LOB Steering Committee, Senior Steering Committee and Monthly EPM Review meetings
Support PMO in the weekly compilation and update of the program plan tasks and dates, resources and dependencies across all regulatory deliverables, functions and work streams, to be used for tracking progress on tasks and reporting status on the program milestone deliverables
Support the administration of the FATCA Program's SharePoint site/repository including security access setup, folder structure maintenance, posting of documentation and template updates used for PMO communications
Support the different work streams on completion of LOB reviews, communication of key deliverables and guidance updates metrics reporting, as needed
Support additional PMO administrative tasks that include update and distribution of meeting agenda and minutes, solicitation of LOB confirmation and/or signoffs for key guidance documentation, maintenance of the PMO program calendar to manage timeline for deck preparation, senior and regional meetings EPM and Roadmap BOW requirements submission
Responsible for the accuracy and integrity of the books and records and end-to-end ownership of the control environment for the Compliance financials
Reviewing expenses and allocations to help drive reductions in the expense base
Act as the primary contact to business on allocation related matters
Liaising with legal entity controllers, tax and other support functions to ensure financials integrity and substantiation

Finance Compliance Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Finance Compliance

List any licenses or certifications required by the position: SOX, CPA, CISA, CIA, FINRA, ICFR, CISSP, ACE, OFAC, AML

Education for Finance Compliance

Typically a job would require a certain level of education.

Employers hiring for the finance compliance job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Accounting, Business, Education, MBA, Economics, Business/Administration, Management, Finance/Accounting, Graduate

Skills for Finance Compliance

Desired skills for finance compliance include:

Practices
Abusive Acts
Among others
Applicable federal and state consumer financial protection laws and regulations
Deceptive
Microsoft Office software
US GAAP
Unfair
Accounting principles
Current and deferred income tax – how to calculate and prepare return

Desired experience for finance compliance includes:

Knowledge and experience in financial, Tax and Compliance preferred
Technical skills in MS applications including Excel, Word and PowerPoint a must
Detail oriented, with the ability to manage multiple tasks while maximizing quality of service
Excellent written and verbal communication presentation, interpersonal, technical and problem solving skills
Strong data modeling experience (OLTP & OLAP)
Experience with at least one Web Application Server, such as Tomcat, WebSphere or similar Pluses

Finance Compliance Examples

1

Finance Compliance Job Description

Job Description Example
Our growing company is looking for a finance compliance. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for finance compliance
  • Identify global test strategy and test resource risks and issues
  • Other tasks/projects which may be assigned by the Senior Director of Finance from time to time
  • Upholds organizational values and works with integrity and ethically
  • Develop and implement processes to enhance internal controls and reporting Identifies and implements opportunities to improve the efficiency without introducing risk to Global Compliance
  • Execute and oversee the Annual budget process, monthly review and analysis
  • Provide financial advice in Budget Planning and analysis
  • Support overall office operations
  • Management Report on a timely basis, monthly, quarterly and annual
  • Oversee and manage special projects relating to and other projects, as assigned
  • A background in leasing, lending, credit, or car finance experience
Qualifications for finance compliance
  • Graduate of Bachelor of Laws, preferably a Philippine Bar Examination Passer
  • Relevant experience on and excellent knowledge about statutory requirements
  • Excellent observation and analytical abilities
  • Must be able to work under high stress and save the company from compliance issues
  • Must be very organized, precise and accurate in work
  • Ability to maintain trust and a high level of confidentiality
2

Finance Compliance Job Description

Job Description Example
Our growing company is searching for experienced candidates for the position of finance compliance. 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 finance compliance
  • Partner with the LOB business leaders, Enterprise partners, and counterparts in the Global Finance Risk Office to lead a comprehensive compliance risk management strategy and program, which includes a process to consistently identify, assess, and mitigate compliance risks across all of the LOB functional areas
  • Maintain processes to ensure line of sight to, and active engagement in, understanding, assessing, and planning for the pipeline of potential compliance requirements impacting Global Finance and Corporate Development
  • Drive compliance risk management activities for new regulatory implementation projects impacting Global Finance and Corporate Development
  • Provide oversight, effective challenge, and monitoring of applicability assessments with business partners to evaluate and provide of existing controls and monitoring, document gaps, and propose and implement new controls and monitoring
  • Partner with the business teams to ensure that LOB control and test Plans test documentation retention procedures – including detective monitoring plans to enable management to accurately report the full state of compliance with regulatory requirements
  • Lead and develop a high performing team by establishing and communicating measurable performance standards, providing appropriate coaching and development opportunities, and holding team accountable for results
  • Drive the overall design, plan and execution of a comprehensive controls and compliance program over finance tools and systems owned and supported by Finance BI – MS Sales, Mercury, reporting tools
  • Responsible for managing compliance team efforts including scoping, planning, scheduling, training, coordinating, reviewing and reporting of compliance testing results to Senior leadership
  • Monitor the controls environment through compliance reviews, follow-up inquiry and testing, self-assessment reporting in order to identify both SOX and operational control issues and process gaps/opportunities
  • Facilitate the development and writing of standardized policies and procedures with business process owners to enhance the internal control environment and standardize processes in order to promote operating efficiencies and effectiveness
Qualifications for finance compliance
  • Typically experienced in functions of financial accounting, tax, internal audit, compliance
  • Excellent understanding of internal control, tax, compliance
  • Bachelor Degree or Above (Major in Finance or Auditing will be a plus)
  • With big 4 and in-house background focusing on internal control/compliance management
  • The working experience will be above 8 years in the area, especially in international working environment
  • Report financial statement to General Manager
3

Finance Compliance Job Description

Job Description Example
Our company is searching for experienced candidates for the position of finance compliance. 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 finance compliance
  • Partner with Loss Prevention team to evaluate fraud investigations and implement policy and/or control enhancements as needed
  • Lead and support various projects (Key business priorities & implementations, Kaizens, Lean tracks, Sales Ops initiatives), ensuring action items are addressed timely and any key risks identified are mitigated or supported by a strong business case
  • Manage DPS SOX effort for Commercial business process and control owners, ensuring deadlines are met and identified deficiencies are communicated and remediated
  • Liaison with various departments/project teams to recommend and implement enhanced system reporting and utilize system configurable controls
  • Collaborate with Corporate Audit, SOX PMO and external auditors to coordinate and facilitate audit requests for planned audit engagements and external audit financial testing
  • Identify, create and maintain reporting to include monitoring activities for potential indicators of fraud or misappropriation (data driven approach)
  • Participate and lead various projects in order to facilitate the development and documentation of standardized policies and procedures that promote operational efficiency and strengthen the control environment
  • Bacherlor’s Degree in Accounting/Finance - MBA, CIA, CFE or CPA also a plus
  • 10+ years work experience in internal/operational controls and/or relevant Finance industry experience
  • Ability to influence and gain consensus across business functions
Qualifications for finance compliance
  • Assist and support the Management for any special report request
  • Analytical thinking with strong commitment on business dynamics
  • Ability in Microsoft, especially Excel
  • Strong sense of responsibility on different tasks
  • Having Japanese CPA or US CPA is preferred
  • MBA in Accounting would be a plus
4

Finance Compliance Job Description

Job Description Example
Our company is hiring for a finance compliance. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for finance compliance
  • Develop an understanding of how risk management issues are impacting client business operations and work within the FRC team to develop commercial solutions
  • Sharing knowledge and insight with fellow FRC practioners
  • Representing FRC to the wider Capco family of services
  • Work in a team environment with a personal accountability for your own deliverables
  • Need to pay attention to detail, ensuring efficient and complete structured data gathering, research and analysis
  • Be an active participant in use case development, process modeling, and functional documentation
  • Get involved with Capco training programs to further expand your knowledge of consulting, project management, financial products, process optimization techniques (such as Six Sigma), and a variety of other areas
  • Conceptualizes immediate and long-range needs of LMB Finance with respect to project mission
  • Serve as a resource to the CFO Group and other lines of business supported by enterprise functions for Compliance related matters and initiatives
  • Work with Compliance Officers and function partners to build and sustain effective relationships with federal regulators and internal audit, including without limitation participation in regulatory exams, counsel on remediation of identified gaps and collaboration on closing issues
Qualifications for finance compliance
  • Good working knowledge of financial systems used by Corporate Finance (Essbase, EARS, SAP, E-Share)
  • Control Mindset – role requires strict adherence to Corporate Policies
  • Good working knowledge of Microsoft Excel, Powerpoint
  • Excellent communication/interpersonal skills – role will require regular interaction with Compliance & Compliance Ops management & staff, Corporate Finance and P&A LOB Teams to build effective client relationships is integral to the role
  • Managerial skills, sets high standards of performance for self and others, leading by example
  • A willingness and the ability to develop expertise in understanding of financial regulation such as Financial Instruments and Exchange Law, Rules from Japan Securities Dealers Association and other CF related internal Global Policy and Procedures, and to do so quickly, seamlessly, and to a consistently high standard
5

Finance Compliance Job Description

Job Description Example
Our innovative and growing company is hiring for a finance compliance. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for finance compliance
  • Ensure compliance with system access audit requirements and best practices
  • Works closely with the payroll provider(s) and local HR to ensure local compliance practices are being followed and all employment tax, government and local filings are being submitted in a timely manner
  • Auditing - Maintain and execute Global Services audit plan and facilitate audits performed by others (PIA, EY )
  • Develop internal working knowledge of the business and our holistic objectives to define business strategy and prioritize initiatives for our road map
  • Vendor oversight (are they delivering to agreed terms/KPIs, etc)
  • Weekly Audit of billed hours and expense against actual and projected hours and expense
  • Establish Financial / Vendor KPIs and establish a process for auditing results against them
  • Review SOX Test plans, Testing Results Remediation List
  • Serves as an interface between team members, IT functional areas, corporate areas, contractors, and vendor support to ensure appropriate communication and problem resolution
  • Demonstrates in-depth knowledge of IT controls, regulatory matters, IT security, business applications, IT infrastructure
Qualifications for finance compliance
  • Bachelor’s degree or higher, preferably in Finance, Accounting, or related discipline
  • Solid knowledge of and/or experience in tax compliance
  • Ability to perform technical research using multiple resources (manuals, web-based research)
  • Strong written and verbal communication skills, strong quantitative and analytical skills
  • Strong work ethic and ownership of work produced
  • Strong working knowledge of Regulatory requirements impacting the banking industry

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