Our Compliance Analyst job description includes the responsibilities, duties, skills, education, qualifications, and experience.
About the Compliance Analyst role
A Compliance Analyst is responsible for ensuring that an organization's policies and procedures are being followed. They review company policies and procedures, conduct audits and investigations, and review and analyze documents to ensure that the organization is compliant with relevant laws and regulations. They also develop and implement compliance training programs and provide guidance and advice to management on compliance-related matters.
Role Purpose
The purpose of a Compliance Analyst is to ensure that an organization's activities and operations comply with all applicable laws, regulations, and standards. This role involves researching and analyzing laws, regulations, and standards; monitoring organizational activities; and preparing reports to ensure compliance. A Compliance Analyst must stay up-to-date on changes in the law, industry standards, and best practices, and be able to interpret and convey this information to others. They also need strong problem-solving, communication, and organizational skills to ensure compliance with all applicable laws, regulations, and standards.
Compliance Analyst Summary
The Compliance Analyst is responsible for providing support to the Compliance team in order to ensure compliance with applicable laws and regulations. The Compliance Analyst will review client information, prepare reports, and communicate with internal and external stakeholders. This position also requires the ability to analyze and interpret data, develop and maintain compliance procedures, and identify and resolve compliance issues. The successful candidate should have excellent organizational and communication skills, be highly detail-oriented, and demonstrate the ability to work independently in a fast-paced environment.
Compliance Analyst Duties
- Monitor compliance with regulations and internal policies
- Conduct investigations into compliance violations
- Develop and implement compliance programs
- Provide guidance and support to staff on compliance issues
- Prepare and submit compliance reports
Compliance Analyst Skills
- Analytical thinking
- Organizational skills
- Attention to detail
Compliance Analyst Requirements
- Bachelor's degree in Accounting, Finance, Economics, Business Administration or related field
- Knowledge of Financial Accounting Standards (FAS) and Generally Accepted Accounting Principles (GAAP)
- Experience with compliance regulations and relevant laws
- Proficiency in Microsoft Office Suite and data analysis software
Personal Traits
- Strong analytical and problem solving skills
- Strong communication and organizational skills
- Ability to work independently and as part of a team
- Proficient with data analysis applications