Compliance Auditor

Responsibilities

• Analyzing potential risks within specific areas of the company to avoid compliance issues
• Inspecting and validating control enhancements and process changes implemented to mitigate risk
• Conducting ongoing testing of internal processes as assigned by the Compliance Manager or Chief Compliance Officer to ensure compliance with policies and procedures
• Maintaining a high level of independence to be able to assure the effectiveness of internal controls, business processes, policies, procedures, and regulatory compliance
• Documenting test work, exceptions, observations, and making recommendations to enhance controls and/or identify opportunities for improved efficiencies
• Obtaining responses to the testing exceptions and ensuring the responses address the identified control/process weakness or deficiency
• Aiding in preparing reports that summarize the testing and rank by risk the exceptions and recommendations
• Reporting the results of testing and audits to Legal and Operations Management in a clear and concise manner
• Performing follow-up testing, as needed, to ensure all agreed-upon actions have been completed
• Conducting periodic assessments of key vendors (on-site and virtual, as applicable)
• Reviewing records, reports, systems, and any other relevant programs and activities affected by regulations
• Making recommended changes to procedures or practices that are not in compliance with stated regulations, and helping implement a plan to address such changes
• Documenting operational process changes based on policy updates, partnering with Operations and/or IT to implement process and system changes, and training associates on resulting process changes
• Reporting the results of testing and audits to Legal and Operations Management in a clear and concise manner

Qualifications

• Bachelor's degree or higher preferred
• 3–7 years of experience in operations, project management, compliance, legal, or audit
• Excellent verbal and written communication, organizational, and interpersonal skills
• Proven ability to multitask, prioritize work, and manage projects to successful completion
• Proficient in Microsoft Word, Excel, and PowerPoint
• Candidate must be available for overnight travel when required
• Sound professional judgment and operational knowledge to assess the current state of a business area, compare it to what should be, and recommend appropriate action
• Ability to build and sustain strong relationships with audit clients across all business units and all levels of leadership
• Collaborative team player who works effectively with the Legal and Compliance team, shares knowledge, and supports others where needed
• Ability to prioritize and work on multiple concurrent audits, projects, and compliance-related activities as requested