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Title
Text copied to clipboard!Compliance Specialist
Description
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We are looking for a 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 providing guidance on compliance matters. A great 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. The goal is to preserve the company’s integrity by making sure it stays on a lawful and ethical course.
As a Compliance Specialist, you will develop and implement company policies and regulations, review business operations to ensure they comply with legal and ethical standards, and provide training to staff on compliance procedures. You will also be responsible for conducting internal audits, identifying potential compliance risks, and working with management to develop corrective action plans. Your role will involve staying up-to-date with changes in laws and regulations that affect the industry and ensuring that the company adapts accordingly.
You will collaborate with various departments to ensure that all processes and operations align with regulatory requirements. This includes monitoring and reporting on compliance issues, maintaining documentation, and assisting in the preparation of reports for regulatory agencies. You will also serve as a point of contact for compliance-related inquiries and investigations.
To succeed in this role, you should have strong analytical skills, attention to detail, and the ability to interpret complex regulations. Excellent communication and interpersonal skills are essential, as you will be working closely with employees at all levels of the organization. A background in law, finance, or business administration is typically required, along with relevant certifications such as Certified Compliance & Ethics Professional (CCEP) or similar.
This position offers the opportunity to play a key role in maintaining the ethical integrity of the organization and ensuring its long-term success through compliance excellence.
Responsibilities
Text copied to clipboard!- Develop and implement compliance policies and procedures
- Monitor business activities to ensure compliance with regulations
- Conduct internal audits and risk assessments
- Provide training and guidance to staff on compliance matters
- Investigate compliance issues and recommend corrective actions
- Maintain up-to-date knowledge of relevant laws and regulations
- Prepare reports for regulatory agencies as required
- Collaborate with departments to ensure regulatory alignment
- Maintain documentation of compliance activities
- Serve as point of contact for compliance inquiries
Requirements
Text copied to clipboard!- Bachelor’s degree in Law, Business Administration, or related field
- Proven experience as a Compliance Specialist or similar role
- Strong knowledge of industry regulations and legal guidelines
- Excellent analytical and problem-solving skills
- High ethical standards and integrity
- Strong communication and interpersonal skills
- Attention to detail and organizational skills
- Ability to work independently and collaboratively
- Relevant certification (e.g., CCEP) is a plus
- Proficiency in Microsoft Office and compliance software tools
Potential interview questions
Text copied to clipboard!- What experience do you have in compliance or regulatory roles?
- How do you stay updated on changes in laws and regulations?
- Describe a time you identified and resolved a compliance issue.
- What compliance frameworks are you familiar with?
- How do you handle resistance to compliance policies?
- Have you conducted internal audits? Describe your approach.
- What tools or software have you used for compliance tracking?
- How do you ensure effective communication of compliance policies?
- What industries have you worked in regarding compliance?
- Why do you believe compliance is important for a business?
