
Compliance Specialist
2 days ago
Job Summary:
The Remote Compliance Consultant is a highly skilled professional responsible for ensuring that clients adhere to legal standards and in-house policies from a distance. They will be instrumental in enforcing regulations in all aspects and levels of business and provide guidance on compliance matters.
Main Responsibilities:
- Sanction Screening: Conduct thorough sanction screenings to ensure the company does not engage in transactions with sanctioned or blacklisted entities.
- Risk Assessment: Evaluate and analyze the potential risks in business operations and strategies, providing recommendations to mitigate identified risks.
- Transaction Monitoring: Monitor and review transactions to identify any suspicious activities, reporting and escalating any unusual or potentially illegal transactions.
- Develop and Implement Compliance Programs: Create, maintain, and update compliance programs to ensure the company is up-to-date with all regulations and standards.
- Internal Controls: Establish sound internal controls and monitor adherence to them, ensuring that 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 company 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 company needs and standards.
- Crisis Management: Set plans to manage a crisis or compliance violation, ensuring swift resolution and minimal damage.
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