Risk And Compliance Manager

Overview

Overseeing and managing risk and compliance activities within ALJ Enterprises, including its subsidiaries to ensure the effective implementation of compliance, risk management, and investigation activities within the organization through conducting audits, managing risks, and leading investigations to ensure adherence to legal and regulatory requirements, as well as internal policies and procedures.

Responsibilities

• Plan, manage, and perform specialized audits, including determining audit objectives and scope, identifying and assessing risks, developing time budgets and audit programs, and ensuring compliance with department engagement standards for each engagement.
• Using knowledge of area of expertise, perform examinations of specialized operations to determine compliance with all pertinent statutes, policies, procedures, effectiveness in meeting operational requirements, efficiency, and sound accounting principles and practices.
• Assist with the overall supervision of risk and compliance activities, including assisting with associate development, training, and evaluation, when required.
• Assist in the development of the annual audit plan, execution, monitoring, and risk assessment, especially for area(s) of expertise.
• Interview concerned associates to obtain complete and accurate information related to specialized investigations and / or operational reviews. Analyze / evaluate results of audits performed and develop recommendations to correct deficiencies.
• Prepare audit / investigation reports including recommendations for improved practices / procedures, with supporting data, and review findings / recommendations with the Risk & Compliance team members.
• Follow up recommendations made because of audits to substantiate / evaluate the implementation of recommended changes.
• Implementing an overall risk management process for the organisation, which includes an analysis of the cause and effect of every risk on the company.
• Performing a risk assessment : Analysing current risks and identifying potential risks that are affecting the company.
• Performing a risk evaluation : Evaluating the previous handling of risks and comparing potential risks with criteria set out by the company such as costs and legal requirements.
• Risk reporting tailored to the relevant audience.
• Managing business continuity plans in accordance with the BCM Policy.
• Conducting risk awareness amongst associates by providing support and training within the company.
• Highlighting opportunities for developing, maintaining, and revising policies and procedures for the general operation of compliance program to prevent illegal, unethical, or improper conduct.
• Reviewing investigation reports, discussing, recommending, and following up the recommendations with concerned parties before raising the reports to the Compliance head for final review and approval.
• Preparing and performing compliance programs which include the tests that will be performed by compliance officers during field inspection.
• Performing other related duties, as assigned.
• Managing and supervising a team of compliance officers and preparing field inspection visits and training plans.
• Working with Human Resources Department and others as appropriate to develop effective compliance training, including appropriate introductory training for new officers as well as ongoing training for all officers and managers.
• Liaising with regional operation managers and middle management to collaborate on joint projects and initiatives.
• Conducting performance discussions with subordinates, whenever applicable, according to the Performance System Manual through open discussion to establish Associate’s development and Performance Awareness.
• Supervising compliance officers in creating and closing field inspection visits; supervise compliance officers in conducting and closing investigation interviews.
• Recommending and following up required training courses / programs for Compliance team.
• Participating in interviewing new candidates, and recommending for new hires.
• Manage, mentor and develop associates and ensure they are provided opportunities for development and that career paths and succession plans are charted out through a Succession / Progression Development Interventions.
• Performing risk management activities and reporting, including risk evaluation and communication to relevant stakeholders.

Skills and Qualifications

#J-18808-Ljbffr