Senior Compliance Analyst - Due Diligence & Compliance Testing

Ultimus Fund Solutions; Hauppauge (NY); Hybrid; USD 90,000 - 120,000; Full time

Job summary

Ultimus Fund Solutions is seeking a Senior Compliance Analyst to support the Chief Compliance Officer in due diligence, risk assessment, and regulatory matters. The role oversees testing of policies and procedures and contributes to the administration of the Compliance Program and ERM.

Responsibilities include coordinating testing, presenting results to committees, and assisting in regulatory examinations. Ideal candidate has extensive financial services compliance experience and strong

Qualifications

• Bachelor’s degree in business admin or related field.
• 5+ years of compliance experience in financial services.
• Experience with SEC and FINRA rules and regulations.

Responsibilities

• Conducts and coordinates compliance testing of UFS policies and procedures.
• Provides feedback and suggestions on test planning, assessment of test results and control enhancements.
• Assists in evaluating key risk indicators and updating Compliance Manual as needed.
• Supports administration of UFS Compliance Program and Enterprise Risk Management program.
• Prepares and supports compliance related committees and meeting materials and minutes.
• Presents testing results and recommendations to committees and assists with regulatory examinations and audits.

Skills

Analytical skills

Multitasking

Communication

Time management

Education

Bachelor's degree in business administration or related field

5+ years of related compliance experience

Experience working in Financial Services industry

Tools

Microsoft Office Suite

Adobe Acrobat

Job description

Senior Compliance Analyst - Due Diligence & Compliance Testing

Job Description

SUMMARY

The Senior Compliance Analyst is responsible for assisting the Chief Compliance Officer and Manager, Corporate Compliance in the oversight, investigation, documenting and resolving of compliance matters from a due diligence, risk, and regulatory standpoint as it pertains to Ultimus Fund Solutions (UFS).

KEY ACCOUNTABILITIES

COMPLIANCE TESTING

• Conducts and coordinates compliance testing of UFS policies and procedures.
• Provides feedback and suggestions on compliance with test planning, assessment of test results and control enhancements (if applicable) with controls owners.
• Assists the Manager, Corporate Compliance and control owners in evaluating key risk indicators.
• Assists in updating UFS Compliance Manual, as required, by suggesting edits based on results of recent compliance testing.

COMPLIANCE ADMINISTRATION

• Supports administration of UFS Compliance Program, including the UFS Enterprise Risk Management Program.
• Maintains resources utilized by the Corporate Compliance team to support Compliance testing, such as client or fund listings.
• Prepares the initial draft of quarterly compliance certifications.
• Prepares and supports various compliance related committees and working groups, including preparation of meeting materials, maintenance of meeting minutes and tracking of follow-up and deliverables.
• Assists with monitoring adherence to UFS Policies and Procedures.
• Escalates issues of concern immediately to Chief Compliance Officer.
• Presents compliance testing results and recommendations to UFS Pricing Committee and UFS Compliance Committee.
• Assists with preparation for regulatory examinations and audits; provides support during examinations and audits.

WORKING RELATIONSHIPS

• Mentors associates through instruction, coaching, providing real-time on-the-job experiences, modeling effective practices, and advising on methods used.
• Daily contact with Corporate Compliance associates.
• Daily contact with internal associates while performing routine compliance testing of UFS policies and procedures.

May perform other duties as required and assigned.

EDUCATION AND EXPERIENCE

• Bachelor’s degree in business administration or related field.
• 5+ years of related compliance experience.
• Experience working in Financial Services industry.
• Equivalent education and experience will be considered.

KNOWLEDGE

• SEC and FINRA rules and regulations.
• Microsoft Office Suite.
• Adobe Acrobat.

SKILLS AND ABILITIES

• Aligns associates with company values and goals.
• Plans and delegates the work of others.
• Motivates and inspires others.
• Assess the performance of self and associates to make improvements or take corrective action.
• Plans and develops systems and procedures to improve operating quality and efficiency of department in accordance with company policies and procedures.
• Troubleshoots issues utilizing creative and critical thinking skills.
• Multitasking, analytical, and organizational skills.
• Initiative-taking, strategic, and meticulous approaches with a strong commitment to quality, efficiency, and effectiveness.
• Demonstrates personal integrity, responsibility, and accountability.
• Effectively uses resources such as time and information in conjunction with associates.
• Participates in solving problems and making decisions.
• Presents and expresses ideas and information, written and oral, clearly, and concisely.
• Actively listens to others to achieve understanding and supports an open exchange of ideas and information.
• Identifies needs, arranges for, and obtains resources to accomplish individual and department goals.
• Establishes and develops effective working relationships with associates and clientele during both favorable and unfavorable situations.
• Modifies team and individual priorities and deadlines in response to added information, changing conditions, or unexpected obstacles and ensures completion.

Ultimus is an equal opportunity employer and does not discriminate on the basis of the applicant’s or employee’s race, color, religion, national origin, ancestry, gender, sexual orientation, age, disability, veteran or military status, genetic information, citizenship or any other status entitled to protection under federal, state or local anti-discrimination laws. No questions on our employment application are intended to secure information that is to be used for impermissible purposes.