Senior Compliance Specialist Job Description
Senior compliance specialist
provides monitoring oversight of the investment advisory business, governed by the Investment Advisers Act of 1940;.
Senior Compliance Specialist Duties & Responsibilities
To write an effective senior compliance specialist job description, begin by listing detailed duties, responsibilities and expectations. We have included senior compliance specialist job description templates that you can modify and use.
Sample responsibilities for this position include:
Develops, implements, maintains and monitors effective practices/processes for responding to external reviews
Support of customer group quality systems
Work on moderate to complex issues where analysis of situations or data requires an in-depth evaluation of variable factors
Project and improvement initiative participation
Support other areas of the business as required Data Management/ DHR review/complaint management
Perform thorough, timely QC pre-approval and/or pre-closing compliance QC reviews of residential mortgages originated by loan teams
Collaborate with Loan Specialists, ELC, Closing and others to clear compliance errors and exceptions, alerting teams to the need to re-disclose when required
Stay current on regulatory guidance from Corporate Compliance through meetings and discussions, participation in training, reading emails, memos, and presentations
Share insights about opportunities to improve the Residential Lending QC process with respect to workflow, communication, job aids, systems, or other constructive suggestions
Evaluate compliance training needs, and develop a curriculum for periodic and ongoing Compliance Education & Training Programs, including Firm element and Annual Compliance Meeting
Senior Compliance Specialist Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Senior Compliance Specialist
List any licenses or certifications required by the position: CISSP, NCMA, CISA, C-TPAT, MSCC, EMC, CISM, CIA, FTA, SEBI
Education for Senior Compliance Specialist
Typically a job would require a certain level of education.
Employers hiring for the senior compliance specialist job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Business, Education, Engineering, Science, Finance, Management, Business/Administration, Accounting, Law, Chemistry
Skills for Senior Compliance Specialist
Desired skills for senior compliance specialist include:
RESPA
TRID
Clinical trial process
Products
Securities and Exchange Act of 1934
Federal and state laws and regulations
HOEPA
Investment Advisers Act of 1940
Investment Company Act of 1940
Practices
Desired experience for senior compliance specialist includes:
Minimum 18 months experience working in a Funds Administration role
Lead the execution of regulatory compliance testing activities
Communicate the discovery of any non-compliance to senior management in Compliance and U.S. P&C
Summarize findings and report on the adequacy and effectiveness of risk controls for the U.S. P&C LOB
Provide guidance and review of testing activities and processes for less experienced Compliance team members
Must have good IT skills, including proficiency in Microsoft Excel, Word and PowerPoint
Senior Compliance Specialist Examples
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Senior Compliance Specialist Job Description
Job Description Example
Our growing company is hiring for a senior compliance specialist. 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 specialist
- Effectively collect, manage and analyze information gathered during client engagements
- Assist in conducting research and developing and marketing service offerings to current and prospective clients
- Acts as an expert resource for regulatory requirements, state and federal privacy laws
- Performs periodic privacy risk assessments of business units and conducts ongoing compliance monitoring activities
- Leads, facilitates, or participates in relevant committees and work groups
- Participate in Trade or Professional Associations, such as those representing the soft drink or food industry, flavour industry, , and International Organizations related to Food Science and Regulations
- Performing ad hoc reviews/audits of laboratory operations
- Ensuring timely closure of Trackwise PRs (CAPA, Task, Followups)
- Supports in technical review of laboratory documents
- Assist with developing compliance programs and processes that are effective, efficient and sustainable
Qualifications for senior compliance specialist
- Must be able to work on a computer for up to 7.5 hours per day
- Advanced working knowledge of regulatory and compliance knowledge required (PCI-DSS, HIPAA, ISO27000, SAS70, SOX)
- Of the following CISSP, CISA, CISM, or similar top-level certification required
- Certification of CISSP and/or CISM preferred
- Lending audit or legal research experience preferred
- Prior experience in conducting risk assessments and compliance testing preferred
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Senior Compliance Specialist Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of senior compliance specialist. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for senior compliance specialist
- Track external standards applicable to LifeCell products and processes, the maintenance of the corporate standards library/index and communication of proposed/implemented changes to LifeCell staff
- Identifies and suggest changes to work processes with a view to streamlining operations and support provided using industry best practices and concepts like Lean Six Sigma
- Conduct daily activities of assigned job responsibilities and projects as assigned
- Focusing on Operational compliance, process improvements, training, and driving annual risk assessment and mitigation processes.
- Working with the businesses to develop an effective sustainable compliance program
- Lose coordination with the P&L business leaders to monitor compliance risks, action plans and support overall strategies to grow while ensuring compliance risk is limited.
- Supporting Ombuds network by creating open reporting environment
- Actively participate in selection, due diligence and annual training of channel partners and distributors
- Maintain and continuously improve compliance measures, dashboards, and operating metrics as applicable to different functions
- Conducting compliance training along with business leadership – Compliance Leadership Training, New Hire training, etc
Qualifications for senior compliance specialist
- Knowledge of FDA and EMEA regulations and a working knowledge of root cause analysis is required
- Solves routine problems of limited scope and complexity following established policies and procedures, regulations
- At least 3 years’ experience in a quality and/or compliance function in performing audits is required
- Masters or Degree in Natural Sciences (Biotech preferred) or related experience (sterile manufacturing)
- Must be able to communicate effectively with employees, peers, management and regulatory agencies
- Prior employment with a regulatory agency
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Senior Compliance Specialist Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of senior compliance specialist. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for senior compliance specialist
- Serves as a high-level specialist on product requirements for US
- Establish metrics and KPI’s related to chemical compliance
- Track regulatory updates to remain current with changing regulations
- Generate environmental compliance chemical assessments
- Assist with IT Strategy for chemical compliance
- Establish or assist in writing and reviewing department procedures and SOPs
- Create other reports or documents as needed
- Provide assistance with special projects as related to product environmental regulations
- Demonstrates a comprehensive understanding of both routine and complex contracts related to Wholesale Marketing, both branded and unbranded business operations
- Creates and reviews reports, coordinates with other business units to gather information necessary to investigate and evaluate product quality assures (PQA) issues and Notices of Violation
Qualifications for senior compliance specialist
- Experience in pharmaceutical manufacturing and research operations
- Cross train on functional/system training materials as neededed
- Substantial relevant pharmaceutical industry, CRO, Project Management, Monitoring, Clinical, Nursing or Medical experience
- Researches very complex regulatory issues that may involve internal or outside counsel
- May coach and educate others on assigned team or within department
- Two years of experience working in the life sciences industry or providing professional services to the industry
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Senior Compliance Specialist Job Description
Job Description Example
Our growing company is looking to fill the role of senior compliance specialist. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for senior compliance specialist
- Schedule, coordinate and control regulatory agency compliance activities for Shakopee products to meet project schedules
- Test products internally as needed to ensure they meet regulatory agency compliance requirements
- Provides periodic reports to Compliance for state examinations and leads the effort to gather necessary documentation for period audits and review
- Tracks and maintains records of all reports filed, adhering to strict deadlines so filings are made in a timely manner
- Handles special projects or other duties as may be required from time to time
- Provide advisory support to the business unit performing monitoring activities to ensure compliance with federal regulations, state requirements
- Review of change control items such as policies/procedures and borrower communications
- Monitoring responsibilities include utilizing the annual compliance risk assessment and knowledge of the business environment to plan and execute activities to validate compliance with applicable requirements
- Actively participate in the annual compliance risk assessment in order to provide subject matter expertise specific to the aforementioned functional areas to assess risk and controls
- Develop tracking and oversight tools and methodologies to satisfy mandate requirements
Qualifications for senior compliance specialist
- Provides comprehensive compliance support to mortgage and consumer lending business lines
- Review of policies, procedures, and other business line documents to ensure compliance with regulatory requirements
- Performs periodic, targeted, and business oversight compliance monitoring to include assessment of controls, product reviews, and horizontal reviews
- Researches complex regulatory issues that may involve internal or outside counsel
- Assesses the effectiveness of compliance programs, providing knowledgeable advice and counsel for business lines or assigned areas
- Drafts comment letters regarding regulatory changes and reviews letters with compliance management before distribution to affected areas of the Bank
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Senior Compliance Specialist Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of senior compliance specialist. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for senior compliance specialist
- Create, plan, and execute compliance reviews in accordance with established standards and practices including creation of compliance self-assessments to meet regulatory requirements and provide reports identifying compliance technical exceptions for reporting to Senior Management and the Board
- Develop internal positions for emerging regulatory issues
- Coordinate reliability activities by participating in NERC or other Regional Entity regulatory forums
- Travel to various facilities as needed to review processes, records, conduct audits, consult with staff
- Organizes and maintains department databases and files on integrated pharmacy legal subjects including pharmacy and agency licenses
- Preparing and submitting license applications, technical assistance agreements and other requests for licenses and approvals to the State Department and Commerce Department
- Analysis, Consulting and Implementation
- Develops clear and accurate compliance communications presenting technical and complex information to support development of Customer, Client, Claim and Call procedures to effectively administer requirements
- Implements highly complex regulatory requirements with broad implications and impacts to Global Health Benefits Operations and customers
- Writes business requirements and provides compliance expertise for automating systems compliance administration
Qualifications for senior compliance specialist
- Experience with CMMS/EAM (i.e., Infor EAM, Maximo, SAP)
- Compliance experience in the health care insurance industry required
- Ability to successfully work across multiple matrix partners to deliver results
- Creative thinker able to capture and document state and federal regulations nuances
- Ability to interpret complex legal language to identify business impacts
- Minimum of five years of Investment Adviser Compliance experience