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Regulatory Compliance Specialist
2 months ago
Regulatory Compliance Specialist
Position Summary: The Regulatory Compliance Specialist is tasked with managing the apprenticeship initiative and certified payroll operations. This role is pivotal in ensuring adherence to legal standards and internal policies. You will be responsible for maintaining precise documentation, performing audits, and offering support to stakeholders to guarantee compliance with apprenticeship regulations. A keen attention to detail is essential for effective compliance oversight, particularly in apprenticeship and payroll areas.
Key Responsibilities:
- Regulatory Oversight:
- Continuously monitor and interpret applicable apprenticeship regulations to ensure program compliance with legal requirements.
- Stay informed about updates in IRA apprenticeship laws and integrate necessary changes into the program.
- Compliance Development:
- Create and enforce compliance protocols and policies to minimize risks and uphold high standards within the apprenticeship initiative.
- Identify opportunities for enhancement and implement corrective measures to address compliance deficiencies.
- Documentation Management:
- Maintain thorough and accurate records of apprenticeship agreements, progress documentation, and all compliance-related files.
- Ensure that records are current and easily accessible for audits and inspections.
- Reporting Duties:
- Compile and submit comprehensive reports on program compliance to regulatory entities, clients, and stakeholders.
- Ensure timely preparation and distribution of certified payroll reports to clients.
- Audit and Evaluation:
- Conduct regular assessments of apprenticeship programs to evaluate compliance with legal standards and internal policies.
- Implement corrective actions based on audit results to foster continuous improvement.
- Stakeholder Engagement:
- Act as the main point of contact for apprentices and stakeholders regarding compliance matters and program requirements.
- Provide assistance and support to ensure stakeholders are informed and compliant with program standards.
- Training Support:
- Assist in the execution and follow-up of apprenticeship training plans and evaluations to ensure effective program delivery.
- Collaborate with training teams to align program goals with regulatory expectations.
- Payroll Compliance:
- Prepare and submit certified payroll documentation to clients.
- Ensure that all payroll practices adhere to relevant regulations and organizational policies.
Qualifications:
- Demonstrated experience in compliance management, ideally within apprenticeship programs or similar environments.
- Familiarity with certified payroll processes and reporting is highly advantageous.
- Strong grasp of apprenticeship regulations and compliance requirements, or a readiness to learn.
- Detail-oriented with the capability to maintain precise records and ensure thorough compliance.
- Excellent organizational abilities to manage multiple tasks and priorities effectively.
- Strong communication and interpersonal skills, adept at engaging with diverse stakeholders and providing clear guidance.
- Ability to work independently as well as collaboratively in a team-oriented setting.
- Willingness to embrace additional responsibilities as the role evolves.
At NCW, we strive to connect exceptional talent with leading companies across the nation. Established in 2000, our mission is to transform the perception of contract staffing. We prioritize people in our operations. Our services are honed with deep expertise across various sectors, including construction, manufacturing, warehousing & distribution, and engineering. We are committed to finding solutions that benefit all parties involved: our clients, candidates, and workforce.
NCW is an Equal Opportunity Employer. We value diversity and inclusion as integral components of our culture and hiring practices. NCW is dedicated to enhancing the quality of life for our employees, clients, and communities.