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

Additional Qualifications for Senior-Level Candidates

• Strong planning skills — sets objectives and goals, breaks work into clear process steps, develops schedules and assignments, and anticipates and adjusts for problems or roadblocks
• Proven ability to deal with ambiguity — effectively copes with change, acts without the total picture, and handles risk and uncertainty with composure
• Skilled negotiation abilities — navigates difficult situations with internal and external groups diplomatically, is direct yet tactful, and quickly gains the trust of others
• Comfort engaging with higher management — communicates confidently with upper management, understands how senior leaders think, and tailors information for maximum impact