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Title
Text copied to clipboard!Regulatory Compliance Specialist
Description
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We are looking for a detail-oriented Regulatory Compliance Specialist to ensure our company adheres to legal standards and in-house policies. You will be responsible for enforcing regulations in all aspects and levels of business as well as provide guidance on compliance matters. A great Regulatory Compliance Specialist is well-versed in legal guidelines and corporate governance best practices. They are professionals of high ethical standards and work diligently to complete their duties keeping in mind the objectives of the business. You must be comfortable saying 'no' when necessary and be result-oriented. If you are patient and like to work with a variety of departments and teams, we would like to meet you.
Responsibilities
Text copied to clipboard!- Develop and implement company policies and regulations.
- Understand and apply legal requirements and ensure company compliance.
- Create and manage effective action plans in response to audit discoveries and compliance violations.
- Regularly audit company procedures, practices, and documents to identify possible weaknesses or risk.
- Assess company operations to determine compliance risk.
- Ensure all employees are educated on the latest regulations and processes.
- Resolve employee concerns about legal compliance.
- Prepare and present clear and concise compliance reports to the team.
- Collaborate with external auditors and HR when needed.
- Set plans to manage a crisis or compliance violation.
Requirements
Text copied to clipboard!- Proven experience as a Compliance Officer or Compliance Manager.
- Experience in risk management.
- Integrity and professional ethics.
- Teamwork skills.
- Attention to detail.
- Professional certification (e.g. Certified Compliance & Ethics Professional (CCEP)) is a plus.
- Knowledge of legal requirements and controls (e.g. Anti-Money Laundering, or AML).
- Familiarity with industry practices and professional standards.
- Excellent communication skills.
- BSc/BA in law, finance, business administration or related field.
Potential interview questions
Text copied to clipboard!- How do you stay updated on the latest industry regulations?
- Can you describe a time when you had to enforce a policy with which you didn't agree?
- How do you handle employees who consistently break rules?
- What strategies would you use to ensure all employees understand the regulations?
- How would you handle a situation where the company is at risk due to non-compliance?