Compliance Analyst

Job description

Summary

The Compliance Analyst is responsible for identifying weaknesses in the company's processes and procedures, implementing measures to minimize the risks and updating the procedures as necessary.

Key Responsibilities

  • Review operational and financial policies & procedures to ensure compliance with corporate and regulatory requirements.
  • Review business processes to identify and address potential risks.
  • Identify area of improvements to enhance business efficiencies and to reduce risks.
  • Liaise with operational staff to determine current standard practices and create or edit procedure documents and process flow charts to recommend improvements to business practices, processes and controls.
  • Support the Compliance Manager in the co-ordination of audit efforts with the internal and external auditors
  • Effectively monitor and report on the implementation of corrective action for outstanding audit issues.
  • Prepare audit reports of findings and recommendations to management.
  • Assist in developing audit programs and maintain up-to-date knowledge about audit tools and techniques.
  • Participate in audit meetings and build positive working relationships with Auditors.
  • Assist the Compliance Manager with other duties as needed

Requirements

Minimum Qualifications and Experience

  • A minimum of five (5) years’ experience in compliance, auditing or internal controls.
  • ACCA or CIA designation or equivalent graduate level degree
  • Anti-Money Laundering Professional Certification is an asset
  • Strong Proficiency with the Microsoft Office Software Suite particularly Word and Excel
  • Strong knowledge of relevant industry laws and regulations.
  • Automotive experience is an asset.
  • Experience developing flow charts with knowledge of Microsoft Visio will be an asset
  • Experience in developing and editing company procedures is an asset.
  • Strong attention to detail and excellent analytical skills.
  • Results oriented, strong work ethic and deadline-oriented.
  • Creative approach to problem-solving.
  • Ability to take initiative and be firm when necessary to achieve desired results.
  • Excellent writing skills needed to produce clear and concise materials
  • Ability to interact and build rapport quickly with all levels of the organization inclusive of Line Managers and Executives