Compliance Analyst

Key Roles and Responsibilities:

• Compliance Case Processing and Investigation
• Review all cases submitted to the compliance hub, ensuring completeness and accuracy of the initial information provided.
• Gather additional supporting documents from case reporters as required, preparing for thorough investigations.
• Conduct investigations in collaboration with relevant teams, agents, and students to resolve the reported case and provide periodic updates to all stakeholders.
• Track each stage of case resolution, document actions, and maintain detailed case records in the compliance hub for reporting and audit purposes.
• Initial and Ongoing Screening for KYB and Watchlist Monitoring
• Perform Know Your Business (KYB) checks and Anti-Money Laundering (AML) screenings, including watchlist monitoring for politically exposed persons (PEPs), sanctions, and human trafficking concerns.
• Conduct initial screenings at the onboarding stage and perform regular periodic checks for ongoing compliance across all B2B entities.
• Coordinate with Level 2 and Level 3 compliance teams to investigate and resolve flagged issues within established TAT (turnaround time).
• Compliance Violation Management and Case Resolution
• Serve as the primary reviewer for compliance violation cases raised by various stakeholders, such as admissions, marketing, commercial, and institutional compliance teams.
• Analyze each case in detail, develop and implement risk mitigation strategies, and escalate significant issues to senior management as necessary.
• Document all findings and resolutions comprehensively, ensuring cases are recorded accurately and closed within target timelines.
• Trend Analysis and Reporting
• Analyze trends in compliance cases to identify emerging risks, patterns of non-compliance, or areas for process enhancement.
• Compile insights in regular reports to the Senior Management Team (SMT), offering data-driven recommendations to strengthen compliance frameworks.
• Prepare monthly, quarterly, and annual reports summarizing case trends, resolutions, and risk exposure, contributing to a transparent compliance environment.
• Process Documentation and SOP Development
• Develop, document, and update Standard Operating Procedures (SOPs) for all compliance-related processes to provide clear, standardized guidelines for the team.
• Collaborate with the Global Compliance Team to ensure SOPs reflect the latest regulatory standards, and train all relevant stakeholders on updates.
• Maintain an up-to-date repository of SOPs, making them accessible for training, reference, and audit purposes.
• Collaboration and Coordination with Stakeholders
• Coordinate closely with Level 2 and Level 3 compliance teams for a streamlined resolution process.
• Engage with stakeholders such as admissions, marketing, and operational departments to ensure that all compliance needs are fully understood and met.
• Foster a proactive compliance culture, supporting awareness and adherence to regulatory guidelines across the organization.
• Periodic Audits and Continuous Improvement
• Conduct audits on high-risk accounts to ensure compliance with regulatory standards, making adjustments as necessary based on audit findings.
• Support external and internal audit preparation, responding to findings with corrective actions and improvement initiatives.
• Lead initiatives to improve compliance processes based on audit feedback, supporting continuous improvement in the compliance program.
  

Required Experience and Skills:

• Educational Background: Bachelor’s degree in business, finance, law, or a related field; certifications in compliance (e.g., Certified Anti-Money Laundering Specialist - CAMS or Certified Compliance and Ethics Professional - CCEP) are preferred.
• Professional Experience:
• Minimum of 5 years of experience in a compliance, risk management, or audit role, ideally within a regulated industry like banking or financial services.
• Hands-on experience with KYB, AML, sanctions, and watchlist monitoring, as well as managing and investigating compliance cases.
• Technical Skills:
• Proficiency in compliance and risk management tools, such as AML software and case tracking systems.
• Solid understanding of regulatory frameworks, including AML, PEP, human trafficking, and sanctions.
• Soft Skills:
• Strong analytical and problem-solving abilities, with the capacity to interpret and synthesize complex data.
• Excellent communication skills for collaboration with internal and external stakeholders.
• High attention to detail and strong organizational skills.