Job Title: Mid-Level - Compliance and Risk Analyst
Job Summary
A Mid-Level Compliance and Risk Analyst plays a critical role in ensuring regulatory compliance and mitigating risks within the organization. This position involves analyzing compliance trends, assessing potential risks, and implementing policies to strengthen internal controls. The ideal candidate will possess independent judgment and the ability to interact effectively with various teams to drive compliance initiatives. This role is essential for maintaining the integrity and security of the organization’s operations while adhering to regulatory standards.
Key Responsibilities
- Conduct in-depth risk assessments and develop mitigation strategies to address identified risks.
- Monitor and analyze regulatory changes, updating company policies and procedures accordingly to ensure compliance.
- Investigate potential compliance violations, recommending corrective actions to prevent future occurrences.
- Design and implement comprehensive training programs for employees on compliance policies and best practices.
- Prepare detailed reports and dashboards on risk exposure and compliance performance for management review.
- Collaborate with IT, Legal, and Finance teams to ensure cohesive compliance across all departments.
- Support third-party audits and regulatory examinations, providing necessary documentation and insights.
- Evaluate vendor and third-party risk compliance, ensuring alignment with organizational standards.
Skills and Knowledge Required
- Strong understanding of risk assessment methodologies and compliance frameworks.
- Experience with regulatory requirements such as GDPR, SOC 2, NIST, and ISO 27001.
- Proficiency in risk and compliance management software.
- Strong analytical and problem-solving skills, with the ability to interpret complex data.
- Excellent written and verbal communication skills, capable of conveying compliance concepts clearly.
- Ability to interpret legal and regulatory requirements effectively.
Educational Qualifications
- Bachelor’s degree in Compliance, Finance, Business Administration, or a related field.
- Professional certifications (e.g., CRCMP, CISA, CRISC, CCEP) are highly desirable.
Key Focus Areas
- Leadership in compliance and risk strategy.
- Development of enterprise risk management frameworks.
- Regulatory change management and corporate governance.
Experience
- 3-5 years of experience in compliance, risk analysis, or regulatory affairs.
- Experience in financial institutions, healthcare, or cybersecurity is an advantage.
Tools and Equipment
- Governance, Risk, and Compliance (GRC) software (e.g., LogicGate, RiskWatch).
- Audit and Compliance Management Systems.
- Microsoft Office Suite and data analytics tools.
Other Requirements
- Ability to work independently and provide guidance to junior analysts.
- Strong ethical and decision-making capabilities.
Key Competencies and Requirements
- Regulatory compliance and risk assessment expertise.
- Implementation of effective risk mitigation strategies.
- Coordination of internal compliance training programs to enhance employee awareness.