Compliance Assurance Testing Analyst

Responsibilities

Conducting independent, second line, compliance Assurance testing reviews to ensure that the firm is compliant with all applicable regulations, policies, and procedures.
Identifying, analysing and understanding how risk can occur in our business and designing testing approach’s that will identify potential weaknesses in the firms control environment.
Executing both design and operational testing across all areas of applicable risk.
Manage and validate issues resulting from Compliance Assurance testing.
Participate in the development of the Compliance Assurance process, including use of AI in supporting the testing approach.
Assisting in the development and implementation of compliance policies and procedures.
Conducting investigations and reviews of compliance issues, and issues and making recommendations
for corrective action.
Creating reports that detail Compliance Assurance plan progress and identified findings to update management.
Maintaining accurate records and files of all Compliance Assurance and Monitoring testing work.
Both lead compliance projects and thematic reviews and support the existing team with co-ordinating ongoing assignments.

Requirements

2-5 years of experience within the financial services industry ideally in second line Compliance Assurance and testing, Audit and/or Controls Testing functions.
Understanding of assurance/audit testing principles across Design and Operational testing of controls
Knowledge of ``global regulatory framework, particularly in relation to UK, European and CySEC regulations.
Excellent analytical skills and attention to detail.
Strong written and verbal communication skills.
Ability to work independently and as part of a team.
Strong organisational and time management skills.
A Bachelor's degree in a relevant field such as law, finance, business or accounting, is preferred but not essential.