MightyRecruiterThere are a lot of steps you have to take in order to make a quality hire for your company. You have to advertise the open position. You need to know what questions to ask in the interview. You have to sort through all of the incoming resumes. You have to ascertain which applicants will actually make a good fit in your company. Writing an informative job description can make the entire process easier. A well-written explanation will attract qualified candidates while deterring those who are unqualified. This means you will have fewer resumes to sort through and only have to deal with qualified applicants. You can use this Compliance Analyst job description sample to help you write your own standout description.
Compliance Analyst Job Summary
You will be tasked with the planning and coordination of operational activities at the company to ensure that everything meets the government regulations and ordinances. This will including implementing training, recording violations and doing more necessary research regarding regulations. You will have to work closely with other department heads to make sure that all departments remain compliant.
Compliance Analyst Job Responsibilities
- Review regulatory bulletins and other sources of information to research and stay up-to-date on regulations
- Coordinate rate deviation filings and provide overview of product disclosures to compile information
- Establish and enforce organizational standards to maintain quality of service
- Arrange continuing contacts and resolve concerns to maintain rapport with regulatory personnel
- Research both regulatory filing information and writing and communicating guidelines to keep other departments aware of requirements
- Revise forms and rates in order to gain approval
- Collect, analyze and summarize information to prepare informative reports
- Remain current on field by attending classes, reading publications, talking with peers and joining professional groups
- Contribute to team effort through compliance
- Perform internal reviews to ensure that all policies and procedures are implemented properly
Compliance Analyst Job Requirements
- Bachelor’s Degree in Accounting, Business or related field
- 3-5 years of experience in related field
- Working knowledge of compliance issues
- Excellent written and verbal communication skills
- Familiarity with computer
- Strong problem-solving and decision-making skills
- Eye for details
- Ability to maintain strong working relationships
- Proven leadership skills
- Strong research and reporting abilities
- Understanding of risk assessment and mitigation
- Ability to implement comparative analysis and deliver logical recommendations or conclusions
Company Profile
Best Insurance Company has been providing top quality risk assessments and insurance to our customers since 2002. We work hard to give quality service to everyone in the southeast part of the country. Here we emphasize friendly service for our customers and a family-environment for our employees. We believe that a happy employee is more likely to provide outstanding service to our customers.
Writing a Job Description Best Practices
- When you start out writing a job description, you should definitely turn to the Compliance Analyst job description sample. However, as you get a little farther in the process, you need to make sure that you are sharing all of the right information for your company. You can’t necessarily follow the exact same outline as anyone else. Consider the following best practices as you work on your own position explanation.
- Focus on readability. Use bullet points and short paragraphs to ensure that your entire post is easy to read.
- Be as specific as possible. Whether you’re working on the job title, responsibilities or requirements, if you’re more specific, you’re more likely to weed out underqualified candidates.
- Make the content engaging. Use action-based language throughout the responsibilities section to make your post more engaging and informative.
- Make your post competitive. You can make your job description more competitive by including information about the salary range, additional benefits and company culture.
- Include direct contact information. If you make the application process simple and straightforward, it is more likely that you’ll get more, qualified resumes.
- Be informative but concise. You want to share enough relevant information that the jobseekers will know what the job is about, but you don’t want your post to be too long.
- Give supplementary information. You can also include information about who the person in this position would report to, who would report to them, who they would specifically have to work with and other supplementary information about the workings of the job.
As you write your own job description, you have to make sure that you are including important information that will help draw competent employees in. Use the Compliance Analyst sample job description and the best practices listed above to help you create a standout job description for your company. Making a solid investment in talent now will help improve your business in the future.
Compliance Analyst Job Responsibilities
Finding the right employee takes some effort, and creating a strong compliance analyst job description is the first step. The job responsibilities section is vital to your description, as it helps jobseekers get a picture of what it really looks like to work in the position. Following certain guidelines and best practices can ensure that this section stands out and gets noticed by quality candidates.
Use bullet points so the content is easy to read and follow. It is also a great idea to use a strong action verb to describe each role, which will help illuminate the daily tasks. While you want to be thorough in your compliance analyst job description, do your best to limit it to no more than eight duties.
Here are some examples of compliance analyst job responsibilities:
- Resolve security breaches by investigating incidents and providing recommendations
- Review and investigate employee emails to ensure observance of company standards
- Update and maintain procedure and policy systems for all business areas; document issues and communicate to superiors
- Ensure and maintain quality of security alert system by researching new technologies and proposing new security controls
- Offer excellent customer service support to both external and internal clients by addressing incidents and inquiries
Compliance Analyst Job Specifications
Writing the job qualifications and skills section of your compliance analyst job description may seem simple because it concisely includes the requirements of the position. However, this is where you can eliminate much of the applicant pool, so it pays to take your time to research what is necessary for the role. Your time is limited and it is best to be specific in order to weed out jobseekers who aren’t qualified or are overly qualified.
Speak with management or analysts in the same position about what skills you should expect from an applicant. Include education, technical skills, personality traits and professional certifications that are important for success in the role. When creating your compliance analyst job description, follow best practices such as formatting with bullet points, using short phrases and listing between five and eight skills.
The following are examples of what you may choose to include in your compliance analyst job specifications:
- 3 to 5 years of experience in data-driven, analytical client service support role
- Outstanding prioritization and time-management skills
- Bachelor’s degree highly recommended
- Advanced technical skills in Power Point, Excel, Visio and Word
- Excellent ability to work as a team and perform in high-pressure situations
- Certified in CAMS and CRCM
