Risk & Compliance Analyst
25/01/2012
Leicester
£30-35k
Risk
Identifies key business processes, performs evaluations of risk, assesses effectiveness of controls, and recommends continuous improvement across the organisation through the deployment of risk response activities.
Compliance
Tracks, reviews and communicates pending scheme & financial regulatory directives to ensure ongoing product compliance. Works with development groups to review and approve project requirements and design documents that pertain to or impact regulatory compliance and assists in setting priorities for regulatory issues that must be addressed by the business. Responds to internal and external client matters pertaining to product compliance and assists in providing final disposition of any discrepancies. Performs periodic reviews and audits of products and services to validate compliance with high risk regulations or detect regulatory violations, weak controls or other potential areas of exposure.
General Duties & Responsibilities:
Risk
Ensures strategic objectives of the risk management program are met including the execution of risk assessment activities, coordination of risk response and program testing and validation.
Reviews significant events and advises business owners of action steps required to prevent future recurrence.
Performs risk assessments related to the Data Protection Program, Supplier Management and Enterprise Risk Management (ERM) programs along with consulting projects throughout various risk disciplines at company while identifying potential issues, control gaps, and potential process efficiencies.
Documents risk analysis and controls and evaluates control design and continuous control improvement.
Manages specific areas of exposure.
Conducts regulatory and other assessments for the Corporation.
Participates in projects designed to mitigate risks including generating action plans for issues/gaps.
Tracks, coordinates, and resolves issues identified in any and all related control, compliance, or risk work.
Develops and maintains knowledge of regulatory requirements.
Compliance
Monitors and communicates scheme & regulatory changes that impact our client’s products and services to internal and external customers.
Conducts compliance assessments and provides direction on any deficiencies resulting from scheduled product reviews.
Manages direction for development design specifications for compliance issues.
Provides compliance reviews and direction for new and expanding products.
Participates in development of compliance sessions/presentations.
Participates in internal Education sessions promoting compliance awareness.
Provides updates for monthly internal and external compliance reports.
Meets with application product compliance liaisons on a regular basis for status updates on compliance issues.
Interfaces with relevant external parties as needed to resolve regulatory issues.
Participates in compliance core group committee as needed.
Monitors and ensures timeline check-points are met for compliance projects.
Responds to customer-specific questions.
Coordinates development of customer communications related to compliance issues.
Participates with and/or leads customer focus and advisory groups.
Directs and approves internal and customer communications covering compliance issues (bulletins, position statements, monthly reports, etc.).
Educational Requirements:
Degree or the equivalent combination of Education, training, and work experience.