Compliance Analyst

Job description

This position will support the 2nd line Compliance Testing team in implementing a testing program that will support various markets in international. This role will be required to perform testing of various LOB and Affiliate business processes and thereby enable MCO's gain assurance regarding the management of AXPs' compliance risk. This position will be based in Gurgaon and report to the Manager, B35, Compliance Testing Responsibilities

• To execute fieldwork testing based on Compliance Testing Plan for international markets.
• Timely execution of fieldwork testing. Efficiency and Effectiveness in the execution testing phase is critical.
• Regular and timely dialogue and communication on the progress of the work and potential findings to the Manager Compliance Testing Team and local MCOs
• Ability to identify and communicate findings and obtain concurrence of the findings.
• Work with business to develop remediation plans to address findings
• Assist in coordinating information requests and circulate to the business prior to commencement of the testing fieldwork
• From time to time, work with local Market Compliance officer to detect and identify emerging regulatory risks or impending legislation that may have impact on the Compliance Monitoring Plan

This role may be subject to additional background verification checks.

Desired profile

• Minimum of 3 to 5 years of relevant experience in internal audit/consultancy within the Big Four or in a bank/financial institution background. Must come from a bank or financial institution industry. The ideal candidate would be someone from a mix of Big 4 audit background plus internal audit experience in a bank/financial institution.
• Strong internal control and validating testing skills is a MUST. Good academic qualification with experience in compliance, audit or legal would be an added advantage
• Ability to think in a logical manner and document in a clear and concise manner of the testing work papers.
• Strong problem solving and analytical skills including the ability to conceptualize and break down complex issues into actionable tasks
• Excellent verbal and written communications skills in English. Solid report writing on internal control findings is required for this role.
• Ability to work independently from the design of compliance test plan, execution of fieldwork testing, communication of findings to business and to reporting phase.
• Capable of executing task independently with minimal supervision
• A good team player with high standards of integrity