
Regulatory Affairs Specialist
7 days ago
**About Us**
National Compliance is a leading provider of compliance solutions to financial institutions, specializing in innovative technology-based approaches. As a trusted partner, we help our clients navigate the complexities of regulatory requirements.
**Job Summary**
The Remote Compliance Consultant is responsible for ensuring clients adhere to legal standards and in-house policies from a distance. They will enforce regulations across all aspects and levels of business, providing guidance on compliance matters, including sanction screening, risk assessment, and transaction monitoring.
**Key Responsibilities:**
- Sanction Screening: Conduct thorough sanction screenings to ensure no transactions with sanctioned or blacklisted entities.
- Risk Assessment: Evaluate and analyze potential risks in business operations and strategies, providing recommendations to mitigate identified risks.
- Transaction Monitoring: Monitor and review transactions to identify suspicious activities, reporting and escalating unusual or potentially illegal transactions.
- Develop and Implement Compliance Programs: Create, maintain, and update compliance programs to ensure up-to-date regulations and standards.
- Internal Controls: Establish sound internal controls and monitor adherence to them, ensuring remote operations do not compromise compliance standards.
- Draft and Revise Company Policies: Regularly review and update company policies to reflect current compliance standards and best practices.
- Audit and Review: Proactively audit processes, practices, and documents to identify weaknesses, even in a remote setting.
- Training: Develop and conduct compliance training sessions for staff, ensuring they are well-informed of regulations and best practices.
- Proposal Preparation: Draft and prepare comprehensive proposals for compliance projects or initiatives, ensuring they meet the company's needs and standards.
- Collaborate: Work closely with other departments, such as HR and Finance, to ensure compliance across all facets of the company.
- Crisis Management: Set plans to manage a crisis or compliance violation, ensuring swift resolution and minimal damage.
- Continuous Learning: Stay updated with changes in the regulatory environment and industry best practices, ensuring compliance measures are always current.
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