Audit & Compliance

Role & responsibilities

About the Role

The responsibilities of the compliance auditor include protecting the company's assets, enforcing compliance with internal regulations, recommending improvements to our internal control structure, and ensuring compliance with legal and federal regulations.

Job Description

The Audit/Compliance Officer demonstrates a high level of experience and depth of knowledge and may interface with internal/external entities by submitting reports and other required documentation, and handling of on-site audits.

Audit:

Plans and performs audits and develops recommendations to improve business processes, controls, efficiencies, and effectiveness to ensure the university is following applicable regulations.

Performs quality assurance reviews; makes recommendations for quality assurance and improvement programs.

Participates in risk assessments.

Provides guidance to mitigate potential risks or conflict.

Informs clients of risk, makes recommendations to resolve risk, and consults with departments on the resolution of recommendations.

Lead internal investigations involving suspected internal frauds, conflict of interest, misconduct, data theft, bribery, etc.

Conduct interviews with employees, witnesses, and other relevant parties while maintaining fairness and adherence to company and legal standards.

Prepare high quality written investigative reports for internal stakeholders and when appropriate, for external stakeholders.

Developing and implementing anti-fraud policies and procedures.

Collaborating with legal and law enforcement agencies as necessary.

Compliance:

Researches, executes, and documents compliance reviews.

Conducts compliance audits, inspections, reviews, and tests.

Reviews protocols for research projects and advises faculty and staff on regulations and policies.

Responds to potentially serious compliance issues and violations or consults with management on appropriate responses.

Reviews information from investigations to ensure resolutions have been satisfactorily implemented or determines if further action is necessary.

Participates in negotiating resolutions.

Maintaining an up-to-date understanding of fraud risks, industry schemes, and investigation techniques.

Job specifications

Proven experience as compliance manager:

In-depth knowledge of the industrys standards and regulations

Excellent knowledge of reporting procedures and record keeping

A business acumen partnered with a dedication to legality

Methodical and diligent with outstanding planning abilities

An analytical mind able to see” the complexities of procedures and regulations

Excellent communication skills

BSc/BA in law, finance, business administration or related field

Certified compliance professional is a plus