Compliance Consultant Job Description
Compliance consultant
provides regulatory, administrative and clerical support of Health Care Reform (HCR) implementation and other compliance issues for Compliance Officer, Manager II, and Compliance team.
Compliance Consultant Duties & Responsibilities
To write an effective compliance consultant job description, begin by listing detailed duties, responsibilities and expectations. We have included compliance consultant job description templates that you can modify and use.
Sample responsibilities for this position include:
Ensure compliance with all applicable laws and requirements regarding the privacy and security of customer information (including, but not limited to, applicable state and federal privacy and cybersecurity requirements, and the Right to Financial Privacy Act)
Test compliance with FCA requirements and gap analyses of compliance with SYSC, regulatory and retail conduct risk requirements
Evaluates the level of compliance with applicable federal regulations, contractual requirements, and Association policies and procedures at FEP Director’s Office, Plans, the Vendors and the FEP Operations Center
Completing compliance monitoring of all the 1st line control functions' activities to help ensure that the Wholesale Business meets its conduct related regulatory requirements
Conducting personal trade surveillance
Monitoring outside business, private investments and political contributions
Testing and monitoring of the procedures associated with these policies
Creation of spreadsheets and PowerPoint presentations
Assisting with other compliance functions
Serves as an active team member for agile projects associated with the digital bank
Compliance Consultant Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Compliance Consultant
List any licenses or certifications required by the position: CAMS, CIPP, CRCM, CISSP, CISA, CPC, CFE, SPHR, PHR, CDPSE
Education for Compliance Consultant
Typically a job would require a certain level of education.
Employers hiring for the compliance consultant job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Business, Education, Finance, Accounting, Law, Management, Business/Administration, MBA, Economics, Communication
Skills for Compliance Consultant
Desired skills for compliance consultant include:
Health care compliance policies
Practices and systems
Health care and related compliance issues
Health care industry practices and standards
IRC
ERISA and other relevant laws and regulations affecting employee benefit plans
RSA Archer tool
Requirements
Applicable regulatory standards and guidelines
Regulations
Desired experience for compliance consultant includes:
Solid working knowledge of Excel, NT tools, , Reporting, Sherlock, Fundmaster
Strong compliance background in regulatory consultancy, the FCA/PRA and/or industry
Certified Regulatory Compliance Manager (CRCM) or similar designation is a plus
Proficient knowledge of MS Word, Excel, SharePoint and PowerPoint
Computer literate (MS Word, Access, Excel)
Demonstrates accuracy and thoroughness, identifies gaps in compliance and process improvements
Compliance Consultant Examples
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Compliance Consultant Job Description
Job Description Example
Our company is growing rapidly and is looking for a compliance consultant. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for compliance consultant
- Developing, implementing and monitoring risk-based compliance programs to assure compliance with federal, state, agency, legal and regulatory requirements
- Representing the Compliance team at key CASS meetings, forums
- Reporting resultsof compliance assurance activities to senior management in the business unitand Risk & Compliance, appropriate governance committees
- Sources and calculates over 20 Corporate, sub-committee and business unit KRI metrics
- Serves as analytics source for all data requests within Compliance Program Office
- Responsible for driving cross-functional collaboration across several teams within Compliance and Corporate Risk Management to ensure accurate sourcing of information
- Sources and assembles Metrics Dashboard with 34 additional metrics and evaluating trends
- Leveraging Teradata and other databases to perform data extractions for reporting
- Prepare analysis to support the execution of compliance risk management and oversight
- Provide support for internal and external inspections by outside entities including credit unions, NCUA, state regulators, SEC and FINRA
Qualifications for compliance consultant
- A four-year college degree in a business related field
- Compliance Officer III requires minium of five years of experience in compliance, risk management, or technology with most recent experience in compliance
- Must be PC literate with working knowledge of word processing and spreadsheet software applications
- Strong analytical, problem solving and organizational skills with ability to manage multiple priorities and deadlines
- Minimum of 7 years of audit, compliance testing or risk management experience with emphasis on operational risks and internal controls
- Prefer experience with other analysis software (such as FL Wiz, SQL, SAS, SPSS, Stata, R)
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Compliance Consultant Job Description
Job Description Example
Our company is growing rapidly and is looking for a compliance consultant. 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 compliance consultant
- Identifies issues resulting from internal and/or external compliance examinations
- Consults with business to develop corrective action plans and effectively manage change to ensure regulatory compliance
- Identifies training opportunities
- Reports findings and recommendations to senior management
- Manages and/or coordinates production of periodic compliance performance reports for senior management, including trend analysis and recommended strategies
- Manages and/or coordinates site, agency or other examinations conducted by external parties
- Manages project teams and may provide guidance to less experienced consultants
- May directly manage 1-2 specialists/consultants
- Consult with stakeholders comprised of risk management professionals, compliance managers, HR, and senior business unit leadership to gain a deep understanding of compliance reporting needs
- Conduct thorough analyses using LMS and workflow data
Qualifications for compliance consultant
- A qualification as a regulatory solicitor/lawyer and/or extensive experience in regulatory consumer credit compliance is preferable (including regulatory qualifications FPC, CeFA, CeMAP)
- 10 years compliance experience in banking or financial service industry and certifications relative to specific area of concentration
- Able to structurewritten and verbal communications in a well organised and logical manner
- Strong influencingskills with ability to resolve issues
- 2-5 years of professional experience in business analysis, project management, client service, and/or software implementation and configuration
- Ability to take ownership of projects, manage implementation plans, and execute the action items
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Compliance Consultant Job Description
Job Description Example
Our company is looking for a compliance consultant. 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 compliance consultant
- Assists in the development and implementation of training and awareness to the Talent Acquisition team and Hiring Managers around AA goals, compliance requirements and record keeping
- Implements compliance testing strategies and methodologies
- May assist in drafting corrective action plans and in managing change to ensure regulatory compliance
- Drafts report of findings and recommendations for compliance risk management
- Coordinates production of periodic compliance performance reports for senior management, including trend analysis and recommendations
- Assists in the coordination of site, agency or other examinations conducted by external parties
- Oversees project tasks and timelines of staff members and is held accountable to them
- Accountable for actions and decisions taken by self and subordinates
- Generally examines moderate-risk control and supervision processes of internal business units but may be tasked with examining high risk control and supervision processes
- Conduct or direct internal audits
Qualifications for compliance consultant
- Ability to work in a fast-paced and evolving environment using innovative problem-solving skills
- Regional knowledge of other jurisdications is desireable, Financial Conduct Authority, Joint Money Laundering Steering Group and the Central Bank of Ireland
- Series 6 or 7 desirable but not immediately required
- University graduate (Bachelor or Master degree) in IT or technology
- Knowledge of IT Assets Management and SCCM tool (incl
- IAITAM certification and other software certification is a big advantage
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Compliance Consultant Job Description
Job Description Example
Our innovative and growing company is hiring for a compliance consultant. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for compliance consultant
- Serve as internal CPE subject matter expert
- Interface with NASBA, AICPA and other agencies and groups
- Co-lead client forum
- Provides strategic direction to the business based on trends and findings derived from the latest AA Plans and EEO-1 reports
- Makes recommendations to implement new HR guidelines, policies or programs relating to existing practices and procedures
- Works closely with the Diversity and Inclusion lead and Councils
- Communicates legislative changes to HR partners and internal stakeholders
- Collaborates with legal counsel and vendors on legislative and/or policy changes resulting in process and/or reporting requirement or protocols
- Develops and designs human resource compliance audits to ensure data integrity
- Maintains an organizational compliance calendar and checklist
Qualifications for compliance consultant
- Strong quantitative skills, with an ability to transform complex analysis into a written or graphic product
- Advanced knowledge of analytical tools such as SAS and SQL, Microsoft Word/Excel/Power Point, for data extraction and reporting
- Minimum five (5) years of heath care compliance, health care operations (quality, risk, ), audit, finance, project management, regulatory or public policy development, investigations, information security, or insurance/health plan governance experience
- Disseminate to the business
- Assist in implementation of regulatory change affecting NT depositary operations
- Production of regulatory development slides for client MI packs
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Compliance Consultant Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of compliance consultant. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for compliance consultant
- Administers the compliance work stream of multiple initiatives/projects, while acting as an SME to provide consultative advice internal and external to the organization, to ensure adherence to department, division, and corporate disciplines and methodologies while maintaining compliance to reporting standards/requirements and proper usage of escalation
- Manage preparation of environmental plans, permits and reporting in accordance with USEPA and State requirements
- Cross train with team members to support other regulatory controls
- Review electronic communications samples
- Engage in Compliance-related project work
- Provide comprehensive consultation to our business partners on privacy matters
- Investigate and respond to potential privacy incidents involving client information or other confidential Company data
- Reviews and interprets documentation, to include proposed changes, from all supported payment networks and/or other regulatory bodies
- Mentors other team members and provides guidance and peer review activities on compliance initiatives/projects
- Provide direction to Technical Training staff to ensure complete and accurate documentation of training and evaluations
Qualifications for compliance consultant
- Assist in production of regulatory development releases to NT depositary clients
- Support the Head of Regulatory & Technical in fostering relationships with NT Compliance, Risk and Legal departments
- Assist the Head of Regulatory & Technical in building and maintaining working relationships with
- At least 6 years’ experience working in a depositary or other fund environment
- Strong knowledge and understanding of the Collective Investment Scheme industry, UCITS Directive
- Able to demonstrate clear and sound judgement based upon the risk and clear understanding of the