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Junior Risk and Compliance Specialist
2 months ago
Position Summary:
As a Junior Risk and Compliance Specialist at AugmentJobs, you will play a vital role in our risk management and compliance division. Your main responsibility will be to assist in the formulation, execution, and oversight of risk management and compliance initiatives. You will aid in pinpointing potential risks, ensuring adherence to regulations, and contributing to the development of strategies aimed at risk mitigation.
Key Responsibilities:
- Risk Evaluation: Support the execution of risk evaluations to uncover potential threats and weaknesses within the organization. Assess risk elements and communicate findings to the Risk and Compliance Supervisor.
- Regulatory Oversight: Assist in the assessment and review of compliance with regulatory standards, internal guidelines, and protocols. Conduct regular audits and compliance evaluations.
- Record Keeping and Reporting: Ensure precise documentation of compliance efforts and risk evaluations. Generate comprehensive reports and records for internal and regulatory use.
- Policy Formulation: Aid in the creation and revision of policies and procedures to ensure alignment with current regulations and industry best practices. Support the dissemination and training of these policies to personnel.
- Incident Response: Participate in the investigation of compliance breaches and risk occurrences. Assist in formulating action plans for remediation and monitor the execution of corrective actions.
- Data Interpretation: Evaluate risk and compliance data to identify patterns and areas for enhancement. Utilize data-driven insights to inform decision-making and strategic planning.
- Team Collaboration: Collaborate with various departments to ensure a unified approach to risk management and compliance. Provide assistance and expertise on compliance-related matters as necessary.
Qualifications:
- Education: Bachelor's degree in Finance, Business Administration, Accounting, Risk Management, or a related discipline. Certifications such as CISA, CISM, or CRCM are advantageous.
- Experience: 1-3 years of experience in risk management, compliance, auditing, or a related field. Experience in financial services or a regulated sector is preferred.
- Skills: Strong analytical and problem-solving capabilities. Exceptional attention to detail and organizational skills. Proficient in Microsoft Office Suite (Excel, Word, PowerPoint). Familiarity with risk management and compliance software is beneficial.
- Knowledge: Understanding of risk management principles, regulatory obligations, and compliance standards. Knowledge of industry-specific regulations is a plus.
- Personal Attributes: Excellent communication skills, both written and verbal. Ability to work independently and collaboratively within a team. High level of integrity and professionalism.
Benefits:
- Health, Dental, and Vision Insurance
- 401(k) with Company Match
- Paid Time Off and Holidays
- Professional Development Opportunities
- Flexible Work Arrangements