Compliance Auditor

The Compliance Auditor provides independent and objective assurance services to determine the design and operating effectiveness of key controls and validation of compliance with SETF policies and procedures, federal and state regulations, and other client, regulatory, or legal guidelines relevant to our core business.   The Compliance Auditor will work closely with operational teams and senior management in the review and testing of compliance controls. 

Responsibilities

• Analyzing potential risks within specific areas of the company to avoid compliance issues

• Inspecting and validating control enhancements and process changes implemented to mitigate risk.

• Conducting ongoing testing of internal processes as assigned by the Compliance Manager or Chief Compliance Officer to ensure compliance with policies and procedures

  • Maintaining a high level of independence to be able to assure the effectiveness of internal controls, business processes, policies, procedures, and regulatory compliance.

  • Documenting test work, exceptions, observations, and making recommendations to enhance controls and/or identify opportunities for improved efficiencies.

  • Obtaining responses to the testing exceptions and ensuring the responses address the identified control/process weakness or deficiency.

  • Assisting in preparing reports that summarize the testing and rank by risk the exceptions and recommendations.

  • Reporting the results of testing and audits to Legal and Operations Management in a clear and concise manner.

  • Performing follow-up testing, as needed, to ensure all agreed-upon actions have been completed.

• Conducting periodic assessments of key vendors (on-site and virtual, as applicable)

• Reviewing records, reports, systems, and any other relevant programs and activities affected by regulations

• Making recommended changes to procedures or practices that are not in compliance with stated regulations, and helping implement a plan to address such changes

• Documenting operational process changes based on policy updates, partnering with Operations and/or IT to implement process and system changes, and training associates on resulting process changes.

• Training associates on process changes

• Reporting the results of testing and audits to Legal and Operations Management in a clear and concise manner

Depending on the level of experience and expertise demonstrated, associates in this role may be responsible for additional duties, including but not limited to:

to:

• Developing risk-based programs to test key processes and controls.

• Leading other auditors and coordinating testing/projects, as assigned, to ensure timely completion.

• Independently preparing reports that summarize the testing and rank by risk the exceptions and recommendations.

• Presenting testing findings and recommendations to all levels of management.

Qualifications:

• Bachelor’s degree or higher preferred

• 3-7 years of experience in operations, project management, compliance, legal, or audit

• Excellent verbal and written communication, organizational, and interpersonal skills

• Proven ability to multitask, prioritize work, and manage projects to successful completion

• Proficient in Microsoft Word, Excel, and PowerPoint

• Candidate must be available for overnight travel when required

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This job description may not be inclusive of all assigned duties, responsibilities, or aspects of the job described, and may be amended at any time at the sole discretion of JM Family. All work arrangements are subject to associate performance, business need and manager discretion, and may be revised as necessary.

JM FAMILY IS PROUD TO BE AN EQUAL OPPORTUNITY EMPLOYER 

JM Family Enterprises, Inc. is an Equal Employment Opportunity employer. We are committed to recruiting, hiring, retaining, and promoting qualified associates without regard any characteristic protected by law – whether actual or perceived – including race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, related medical conditions and lactation), gender identity gender expression, sexual orientation, marital status, military service, veteran status, disability, protected medical condition as defined by applicable state or local law, genetic information, or any other characteristic protected by applicable federal, state, provincial, or local law.

DISABILITY ACCOMMODATIONS 

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