Risk & Compliance Specialist Job Description
Risk & compliance specialist
provides application security services including application security scans, code reviews, DevSecOps support, API security and application security requirements.
Risk & Compliance Specialist Duties & Responsibilities
To write an effective risk & compliance specialist job description, begin by listing detailed duties, responsibilities and expectations. We have included risk & compliance specialist job description templates that you can modify and use.
Sample responsibilities for this position include:
Prepares and tracks approvals consistent with project approvals matrix and procedures for submitting approvals to the client as directed by the Risk Compliance and Contracts Manager and/or Operations Director
Identify and analyze underlying customer business and sales issues in order to match the appropriate AML or Anti-corruption solution/technology to the customers' requirements
Educate Pharmacy Manager and/or designee on program requirements at pharmacy's initial certification or when there is a change in personnel at the head pharmacist level
Educate prescribers and/or designee on program
Receive, review, and handle all computer-generated alerts that identify potential non-compliance with program requirements
Interface with Global Drug Safety and Risk Management (GDSRM), Medical Affairs and Medical Information departments
Prepare documents for medical review submissions to appropriate department
Serve as gatekeeper to ensure Certified Pharmacies and Certified Counselors/Pharmacists achieve competency requirements through external education and testing
On-boarding of Clients risk assessment and continuous account monitoring
Providing advice and support on various compliance areas as required assisting support and input into Compliance projects that may arise
Risk & Compliance Specialist Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Risk & Compliance Specialist
List any licenses or certifications required by the position: CISA, CISSP, CRISC, GCIA, GCED, ISSEP, CISM, CCSP, ISO, PCI
Education for Risk & Compliance Specialist
Typically a job would require a certain level of education.
Employers hiring for the risk & compliance specialist job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Finance, Business, Computer Science, Education, Accounting, Information Technology, Management, Information Security, Business/Administration, Computer Studies
Skills for Risk & Compliance Specialist
Desired skills for risk & compliance specialist include:
Application security
Authentication/authorization protocols
Build processes
Code reviews
Cryptography
Libraries building
Network security
Operations
Professional software engineering practices & best practices for the full software development life cycle
Source control management
Desired experience for risk & compliance specialist includes:
1+ years direct technical experience with security-related regulatory or industry standards (HIPAA/HITECH, SOx, PCI-DSS)
CISA, CISSP, CCSK, CIPP, or other professional certifications/associations a plus
Compliance Approval Tool Reviews (CAT) reviews
Third Party Risk Management (TPRM) compliance assessments
Business Change Risk Assessment (BCRA) compliance assessments
Enterprise Compliance Risk Assessments (ECRA) review and oversight
Risk & Compliance Specialist Examples
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Risk & Compliance Specialist Job Description
Job Description Example
Our company is growing rapidly and is looking for a risk & 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 risk & compliance specialist
- Assists with the oversight of the BSA/AML/OFAC Program, especially as it relates to BSA/AML/OFAC policies and procedures
- Support the project management of the various service offered by GRRC
- Maintain the filing schedules in support of the regulatory filing process
- Create and disseminate timelines to the appropriate parties for each filing period
- Support and coordinate kick-off meetings for each scheduled filing period so that all parties are aware of expectations
- Prepare ad-hoc regulatory reports and other deliverables
- Identify and resolve issues and errors on a timely basis with appropriate documentation and escalation
- Serve as the primary contact for client questions and inquiries regarding the various requirements and data points of regulatory filings
- Support service model for various products (mutual funds, hedge funds, private equity)
- Support department leadership with continuous improvement initiatives and ongoing establishment and maintenance of procedures as needed
Qualifications for risk & compliance specialist
- Ability to recognize potential problems and escalate them to the appropriate levels
- Experience with Sungard InvestOne, InvestTier, Investran and SS&C Advent Geneva systems a plus
- Working knowledge of the Microsoft Office Suite with emphasis on Excel and Word
- Be responsible for working with other compliance, quality and risk organizations the client base to facilitate the treatment of identified risk and compliance issues
- Be knowledgeable about evolving trends, industry citations
- Seven or more years of work experience with 3+ years of risk management, compliance/law, or audit experience required
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Risk & Compliance Specialist Job Description
Job Description Example
Our company is searching for experienced candidates for the position of risk & compliance specialist. 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 risk & compliance specialist
- Leading and owning oversight of process improvement work and collaborating with teammates on larger initiatives
- Provides guidance and support designed to ensure consistent and compliant use of tools and systems required for the planning, implementation, tracking, reporting and quality control of GHSC-PSM headquarters and country office supply chain activities
- Supports country office startups, periodic compliance and programmatic reviews and closeouts in coordination with the Risk Compliance and Contracts Manager
- Supports the GSC and Country Program teams to build the capacity of GHSC-PSM staff involved in preparing procurement and contractual documents
- This position is primarily responsible for leading technical risk and control assessments, and requires knowledge and expertise in NERC Critical Infrastructure Protection and Communications standards, and the associated risks and management controls
- This lead position requires experience developing audit plans, work estimates, overseeing detailed work activities, reporting status, and providing recommending risk and control improvements to Senior Management
- Process design and cross-regional project management
- Provide analytical support in executing internal control discipline and operational excellence
- Prepare documentation for the tracking, monitoring, and escalation of risk related and closure issues to management
- Analyze High Risk client profiles to ensure fit with risk parameters
Qualifications for risk & compliance specialist
- Defines technical audit / review plans for internal supporting personnel
- Works closely with control owners, technical subject matter experts, and regulatory case managers
- Leads regulatory reviews for compliance with California Public Utility Commission (CPUC) Affiliate Rules, Federal Energy Regulatory Commission (FERC), and North American Electric Reliability Corporation (NERC) requirements
- Experience with PCI-DSS, ISO 27001, ISAE3402/SOC 1/2/3, SOX and other security based certifications, audits or compliance standards
- Experience with GRC tools is a plus
- CISA, CISSP, CCSK, CIPP, or other professional certifications/associations is a plus
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Risk & Compliance Specialist Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of risk & compliance specialist. 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 risk & compliance specialist
- Interact with client, product management, COO and compliance teams
- Identify and implement process improvements as needed
- As a Subject Matter Expert (SME), monitors complex legal/regulatory environment and emerging threats and trends in the industry, analyzing impact and escalating relevant information/identified risks to management
- Conducts assessments and validation activities to verify highly complex operational compliance, identify and evaluate gaps and manage exceptions to policy
- Assist in executing the Annual Compliance Risk Assessments including planning, data collection
- Aid in the enhancement of the existing risk assessment framework and reporting process through updates to the assessment methodology and by identifying additional quantitative and qualitative risk and control data points for use in evaluating Inherent Risk and Control Effectiveness
- Establish and maintain a broad knowledge of business and the regulatory framework
- Stay abreast of applicable laws, regulations, and emerging risks for consideration in the risk assessment process
- Ensure the alignment of local regulatory expectations with the global methodology and ensure the timely escalation of any identified gaps to management
- Develop a process of tracking and monitoring the compliance-related findings to ensure they are properly reflected in the risk assessment results
Qualifications for risk & compliance specialist
- Deliver and sustain License to Operate (LTO) and Independent Assurance (IA)
- Five years of experience in a financial services environment
- Must pay strong attention to detail
- Ability to deliver on tactical initiatives
- Easily able to navigate complex processes / ideas
- Proficiency in Microsoft Office Tools – Outlook, Word, Excel, Powerpoint
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Risk & Compliance Specialist Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of risk & 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 risk & compliance specialist
- Approving Suspicious Activity Report (SAR) Filings
- Conducting Continued Activity Report reviews
- Performing quality control and quality assurance of Investigative functions
- Reviewing policies and procedures ensuring best practices are followed and safeguards are in place
- Conducting investigations and identifying regulatory risks
- Assessing the applicability of new and changing laws, regulations, and guidance related to BSA, FinCEN Guidance and the Investigations functions within Corporate Security & Resilience
- Serve as a security risk and compliance expert
- Develops and oversees implementation of IT security risk and compliance framework, and aligns plans, policies and programs with other areas of business the enterprise risk and compliance practice
- Establishes and implements standards, procedures, and guidelines to prevent the unauthorized use, release, modification, or destruction of data in any form
- Responsible for closely monitoring emerging information security threats, assessing the company’s risk exposure, implementing mitigating measures and communicating information to key stakeholders on a timely basis
Qualifications for risk & compliance specialist
- Proficient in GTS-BI, PARS, Navigator and other LOB-specific platforms
- 3+ years’ experience in the Risk and Regulatory field with progressively increasing responsibilities
- At least 3 years of experience in the sale and delivery of risk and regulatory consulting services
- Experience in working at or with APRA, ASIC or AUSTRAC
- Strong skills and knowledge in strategy process development and implementation
- Diverse background that includes working within different business models and markets
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Risk & Compliance Specialist Job Description
Job Description Example
Our innovative and growing company is hiring for a risk & compliance specialist. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for risk & compliance specialist
- Develops and maintains high level relationships with business partner organizations to understand their business requirements and offer security solutions
- Establishes ongoing communication on the status of security issues, compliance obligation and state, evolving risks, and related recommendations
- Monitors changes in industry-relevant legislation and accreditation
- Manages all IT compliance programs (SOX, ITAR/DFAR/EAR, GDPR )
- Keeps track of security deficiencies through documentation of findings, monitoring the follow through of the remediation, and validates closure to increase the security maturity of the security program and reduce risk
- Ability to appropriately balance company security needs with business impact and benefit
- Keep aware of and compliant with, company information and security policies and codes of conduct in all relevant areas
- Assist in the development of internal information sharing and work management IT facilities within the group
- Support the group by peer reviews of other deliverables as requested
- Perform ad-hoc technical investigations and product evaluations as requested
Qualifications for risk & compliance specialist
- Ability to conceive and articulate an inspiring vision/ future direction for regulatory and risk consulting
- Ability to examine issues from a broad perspective
- Ability to leverage synergy opportunities across functions and businesses
- Identification of key business opportunities and challenges
- Authentic in his/her leadership style
- Strives to help others succeed