Junior Compliance Officer at Oved Global Concept

Job Description

• As a Junior Compliance Officer, you will play a vital role in supporting the compliance team in ensuring that our organization adheres to all relevant regulations, laws, and internal policies.
• Your primary responsibility will be to assist in the implementation and management of the compliance program, helping to mitigate risk and maintain the company's reputation.

Responsibilities

Regulatory Compliance:

• Assist in monitoring and ensuring compliance with all relevant regulatory requirements, including industry standards and legal obligations.

Policy Development:

• Help in the development, review, and updating of compliance
• policies and procedures to ensure they reflect current regulations and best practices.

Documentation and Record Keeping:

• Maintain accurate records of compliance activities, including reports, audits, and investigations. Ensure documentation is complete and accessible.

Training and Awareness:

• Support the development and delivery of compliance training programs to staff, ensuring all employees are aware of their compliance responsibilities.

Risk Assessment:

• Assist in conducting compliance risk assessments to identify potential areas of vulnerability and recommend mitigation strategies.

Reporting and Analysis:

• Prepare regular compliance reports for management and regulatory bodies, highlighting key findings and areas for improvement.

Investigations:

• Participate in compliance investigations as directed, documenting, findings, and supporting resolution processes.

Internal Audits:

• Assist in the planning and execution of internal audits to monitor adherence to compliance policies and procedures.

Liaison:

• Act as a point of contact for internal and external compliance-related queries, providing support and guidance as needed.

Employee Communication:

• Ensure employees are aware of their responsibilities to comply with internal and external laws and regulations.
• Additionally, Junior Compliance Officers work closely with senior officers, maintain account guidelines, and assess internal controls to ensure compliance with laws and regulations

Required Skills and Qualifications:

Education:

• Bachelor's degree or its equivalent in a relevant field including banking, finance, accounting, business management, law, economics and company secretarial studies.

Experience:

• 3-7 years of experience in a compliance role, preferably within the financial services or a regulated industry.

Knowledge:

• Basic understanding of compliance principles, regulatory requirements, and risk management.
• Technical Skills: Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).
• Familiarity with compliance management software is a plus.
• Analytical Skills: Strong analytical and problem-solving skills with attention to detail.

Communication:

• Excellent written and verbal communication skills. Ability to convey complex information clearly and concisely.

Integrity:

• High ethical standards and integrity in both personal and professional dealings.

Team Player:

• Ability to work collaboratively within a team environment and contribute to the achievement of team goals.
• Adaptability: Willingness to learn and adapt to changing regulatory environments and organizational needs.

Preferred Qualifications:

Certifications:

• Relevant professional certifications such as Certified Anti-Money Laundering Specialist (ACAMS), Certified Fraud Examiner (CFE), or similar.

Experience:

• Prior experience working in a regulated industry such as financial services, banking, or insurance.