Senior Compliance Associate Job Description
Senior compliance associate
provides technical expertise in the areas of mortgage, consumer lending, and banking, specifically financial services product and process areas such as fair lending, consumer finance regulations, AML, risk management modeling.
Senior Compliance Associate Duties & Responsibilities
To write an effective senior compliance associate job description, begin by listing detailed duties, responsibilities and expectations. We have included senior compliance associate job description templates that you can modify and use.
Sample responsibilities for this position include:
Coordinate OFAC check with AML Compliance for OBA requests involving non-profit organizations
Team up with the global GCO RCSA Leads to determine controls to be tested and the proper unit of measure for control substantiation testing
Take the lead to execute a wide and challenging variety of global control projects and initiatives (User Tools Reviews, Inter-Affiliate Outsourcing governance, Procedures and Controls Training, Resiliency Management)
Review action plan remediation
Understand and help regional GCO management to comply with regional and regulatory requirements pertaining their operation
The Senior Controls Specialist will have an opportunity to grow and develop into a Team Lead opportunity within GCO should the opportunity be present
Receive incoming OBA and PI forms – (1) review for accuracy and completeness
Coordinate Compliance review of OBA and PI requests
Compose and communicate Compliance response to requestor
Retain OBI and PI forms/related documentation and ensure maintenance of books and records
Senior Compliance Associate Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Senior Compliance Associate
List any licenses or certifications required by the position: CRCM, CCBCO, CIA, CFA, CPA, CAMS, CISA, CAM, SHRM, SOX
Education for Senior Compliance Associate
Typically a job would require a certain level of education.
Employers hiring for the senior compliance associate job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Business, Law, Economics, Business/Administration, Engineering, Education, Management, Computer Science
Skills for Senior Compliance Associate
Desired skills for senior compliance associate include:
MS Office
MS Outlook
MS Excel proficiency is an advantage
Basic SQL
Consumer product compliance processes and regulations
Consumer product safety regulations
Federal securities regulations and securities industry practices
AML
Banking
Clery Act regarding to what it entails
Desired experience for senior compliance associate includes:
Periodically conduct reviews of OBA and PI records for completeness
Assist in development and implementation of US Federal and State and Local tax planning strategies consistent with the operational profile and strategic initiatives
Conduct tax research and analysis regarding the US state and local sales and use taxes
Assist in year-end ASC 740 to ensure that income tax provision is timely and accurately reported
Monitor daily feeds into ERCS and remediate any data load failures
Assume an active role in the development, QA testing and deployment of the CCO Dashboard application
Senior Compliance Associate Examples
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Senior Compliance Associate Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of senior compliance associate. 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 senior compliance associate
- Reviewing investor communications, promotional materials and fund documentation
- Assisting in the preparation of the firm’s various SEC, CFTC, NFA and foreign regulatory filings
- Organizing and leading periodic training sessions for employees on a variety of routine and ad hoc compliance matters
- Interacting with and providing advisory compliance support to investor relations, business development and operational professionals
- Monitoring ongoing legal and regulatory developments, and implementing new compliance initiatives as law, compliance and business circumstances evolve
- Assisting with preparation for internal and external audits, regulatory examinations and investigations
- Assist in the enhancement and maintenance of compliance policies, procedures and processes related to the firm’s trading
- Assist in providing oversight of the Firm’s compliance program
- Perform monitoring and compliance testing
- Ensure the Firm’s global trading activities comply with applicable rules and statutory requirements of the SEC
Qualifications for senior compliance associate
- Assist in supporting the Adviser’s ICA compliance program
- Assist in monitoring and carrying out the implementation of procedures
- Assist with a variety of special projects related to the Firm’s trading and research efforts
- Monitor regulatory changes associated with the SEC
- Assess and assist with the management of the Risk Management program in the Cash and Custody function
- Liaison to Internal Audit, central Risk functions, and other external audit communities
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Senior Compliance Associate Job Description
Job Description Example
Our company is growing rapidly and is looking for a senior compliance associate. 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 senior compliance associate
- Maintain the firm?s complaints system
- Evaluate complaints for internal and external reporting
- Prepare accurate and timely periodic complaints metrics
- Review and analyze sales literature and marketing materials for various pooled vehicles
- Provide compliance advice and guidance to the firm’s global investor relations team
- Participate in Compliance Department initiatives and projects on an ad hoc basis
- Work closely with the firm’s Legal Department
- Provide high quality professional day-to-day execution of software licensing engagements in addition to other types of third party reviews
- Analyze, summarize and conduct research on complex license agreements to understand software licensing and identify contract issues
- Serve a variety of clients within multiple industries
Qualifications for senior compliance associate
- Evaluate financial interests and arrangements of all personnel prior to commencement of
- Two (2) to three (3) years of prior experience in public accounting and/or two (2) to three (3) years of experience working for clients in the Recording, Broadcast and/or Film industries required
- Solid knowledge, understanding and experience of the sound recording and/or other entertainment industries
- Must be able to read and understand contract and legal language, and have the ability to write reports based on the work performed
- Strong verbal and written communication skills with the ability to adapt style and messaging to effectively communicate with professionals at all levels both within the client and other external organizations and the firm
- Demonstrate commitment for quality and should be flexible to work for extended hours to complete high priority deliverables
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Senior Compliance Associate Job Description
Job Description Example
Our company is looking to fill the role of senior compliance associate. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for senior compliance associate
- Accountable for the quality of deliverable and take feedback constructively to provide better client services experience
- Provide leadership and guidance to associates
- Draft reports for management review and document review results in work papers
- Lead meetings with clients
- Prepare testing plan and lead testing sessions with customer’s IT Administrators
- Assist in the collection and qualification of all Community Development activities, including the review, analysis and documentation of Multi-Family Community Development loans
- Assist in Quality Assurance of Community Development Lending files
- Assist in all aspects of the CRA Public File, including customer inquiries and periodic updates
- Help collect and analyze various branch data (including plans for expansion and other changes in branch distribution)
- Assist management in gathering data and preparing for CRA examinations/audits
Qualifications for senior compliance associate
- Ability to use operating system commands to extract processor, memory and application configurations across different operating systems
- Ability to analyze, summarize and review large and non-standard data sets using Excel/Access/SQL Server and use advanced data analysis techniques like use of arrays, tables, conditional formatting and macros for efficient data analysis
- Must have minimum of three years of experience in software licensing, software asset management, software assurance, software audit
- Minimum 3 years of experience in a bank or bank regulatory agency
- Ability to work individually or in small project teams
- Implementing BPSS Corporate Compliance guidelines of monitoring and control of the personal dealing by taking into account the specificities and regulations applicable to the Territory
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Senior Compliance Associate Job Description
Job Description Example
Our company is searching for experienced candidates for the position of senior compliance associate. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for senior compliance associate
- Support Reporting & Analysis activities
- Assist in Special Projects CRA and non-CRA related
- Principle development, oversight, implementation and maintenance of Global Quality Management Systems including continuous improvement and regulatory intelligence
- Overseeing and responding to employee compliance code of ethics related reporting obligations
- Operating the Charles River Development (“CRD”) system and liaising with the operations and trading groups to address post-trade compliance notifications and alerts
- Assisting the General Counsel & Chief Compliance Officer and the Deputy Chief Compliance Officer to implement the firm’s core compliance program initiatives and large-scale projects
- Working with the Deputy Chief Compliance Officer to draft written compliance policies and procedures
- Preparing and submitting certain required regulatory filings and disclosures
- Communicating with Investor Solutions to respond to investor due diligence requests and potentially marketing material review and approval
- Providing ongoing hands-on support and execution with respect to critical ad-hoc compliance projects, as needed
Qualifications for senior compliance associate
- Demonstrated ability to work independently, perform and influence others in a fast-paced environment
- Demonstrated ability to research and interpret data from various sources
- Strong Data Management / Digital Support skills
- At least 1 year experience in auditing OR At least 1 year experience in quality assurance OR At least 1 year experience in document review
- Proficient in Microsoft Office products and Internet research tools
- At least 2 years’ experience as a data review specialist, within a risk management / compliance and or audit roles
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Senior Compliance Associate Job Description
Job Description Example
Our company is looking to fill the role of senior compliance associate. 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 senior compliance associate
- Under managerial supervision, provide effective challenge and guidance on compliance risks and support the business through various interactions and forum engagements
- Advise on the development and maintenance of the Compliance Program, such as how to monitor, report, and train
- Support the business by providing advice, influence adjustments to the processes, procedures, and controls
- Enhance and streamline existing Lease and Project processes, review and ensure the team’s adherence to their respective procurement processes and procedures
- Rationalize information collated for retail project such as database to benchmark retail renovation costs for SG and comparison with regional markets for purposes of tracking, cost management, achieving optimum $ psf and opportunity to leverage on service providers' network on regional procurement contract
- Lead, negotiate and secure from External Vendors relevant supports to the various SG Retail Functions for Estate Management and Projects procurements
- Alternate supports for Estate Management / Branch Operation Managers to liaise & co-ordinate with IT, Vendors and related parties as aggregator of information for dissemination to intended parties
- Manage scoping, documentation, and certification of financial reporting controls, Payment Card Industry (“PCI”) and management controls
- Conduct risk mitigation for control deficiencies and Segregation of Duty Violations (“SoD’s”)
- Assist with identifying process efficiencies in financial and operational areas through the use of system automation and other relevant tools
Qualifications for senior compliance associate
- At least 1 year of accounting experience, or at least 1 year of audit experience, or at least 1 year of compliance experience
- 2 years of accounting experience, or 2 years of audit experience, or 2 years of compliance experience
- CRCM, or ACAMS, or CIPP, or Series 7, or Series 24, or 63/65 certifications
- Self-starter with the ability to prioritize and manage multiple projects and responsibilities
- Excellent professional interpersonal and verbal communication
- Experience with major tax preparation software Advanced proficiency in Excel spreadsheet creation and manipulation preferred