SUMMARY
The Senior Compliance Analyst is responsible for assisting the Chief Compliance Officer and AVP, Compliance Officer 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.
- Cross-trains compliance testing initiatives to fellow associates.
- Assists Chief Compliance Officer 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.
- Coordinates due diligence oversight process of third parties, including prospective clients and vendors through Venminder dashboard.
- Prepares and reports routine third party due diligence summaries.
- 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 internal associates while performing routine compliance testing of UFS policies and procedures.
- Routine contact with UFS third parties, including UFS vendors.
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.
- Experience with third party due diligence oversight.
- 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.
- Assesses 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.
