Compliance Specialist Job Description

Compliance Specialist I assists in the development and implementation of compliance programs for the organization. Assists in the monitoring of business activities for compliance with applicable rules and regulations. Being a Compliance Specialist I ensures operating manuals and procedural documents stay current when regulations change. Responds to inquiries from regulatory agencies and completes required compliance documentation. Additionally, Compliance Specialist I requires a bachelor’s degree. Typically reports to a supervisor or manager. The Compliance Specialist I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Compliance Specialist I typically requires 0-2 years of related experience.

Compliance Specialist Job Description Template

Our company is looking for a Compliance Specialist to join our team.

Responsibilities:

  • Travel to properties throughout NJ in order to complete on-site income certifications;
  • Submit rent adjustments, when required, to accounting/billing agent within the allotted time frame, ensuring proper billing;
  • Complete recertifications timely;
  • Ensure rent portion letters are received timely and include annual increases;
  • Completing full certifications in bulk at local on-site offices and assist co-workers when necessary;
  • Creation of Requirements Analysis Documents (RAD);
  • When configurations change, provide technical and configuration management review for network infrastructure and hardware;
  • Experience with Type 1 encryption equipment and DoD EKMS/CMS program local element user to perform system configurations and maintenance a plus;
  • Oversees and coordinates the technical work for projects consistent with experience;
  • Ensures compliance to Quality Assurance Procedures;
  • Leads the development and implementation of the design ideas and solutions;
  • Measure and report on bypass on monthly basis;
  • Serves as a capable professional within specific domains of the field;
  • Responsible for communication and collaboration with full design team and client;
  • Other duties as assigned.

Requirements:

  • Commitment to providing outstanding client service;
  • Must be proficient in the use of a PC and MS Office Suite, including intermediate to advanced functions;
  • Strong organizational, problem solving, and analysis skills;
  • Knowledge of applicable regulations preferred;
  • Excellent written and verbal communication skills;
  • Ability to work in a fast-paced, deadline driven environment;
  • Possess a general understanding of the various affirmative action policies throughout Chicago and Illinois;
  • Proficient in Oracle, B2Gnow Software, Excel and Access, project management;
  • Excellent communication skills, both written and oral;
  • General understanding of procurement policies and procedures; knowledge of the solicitation process;
  • 2-3 years experience with financial regulatory compliance relating to KYC/AML;
  • Bachelor’s Degree in Finance/Business/Legal;
  • Strong knowledge of CRM systems and ability to learn SAAS programs;
  • Preferred experience in financial management in a finance/tech environment.