Asset Compliance Specialist

3 weeks ago


Newcastle upon Tyne, Newcastle upon Tyne, United Kingdom Reed Full time
Compliance Auditor Job Description

We are seeking a highly skilled Compliance Auditor to join our client, a prestigious legal firm based in Newcastle city centre. As an Internal Compliance Auditor, you will play a crucial role in ensuring our client's practices, records, and controls meet the highest standards of regulatory compliance and accreditation requirements.

Key Responsibilities:
  • Plan and conduct regular quality audits to verify compliance with regulations and accreditation requirements.
  • Perform risk assessments and evaluate internal controls, reporting any discrepancies.
  • Maintain a quality log for all audits, identifying trends and training needs.
  • Collaborate with stakeholders to calibrate audits, implement best practices, and enhance performance.
  • Analyse historical data to develop quality improvement initiatives and strategies.
  • Evaluate audit findings and facilitate the implementation of corrective actions in conjunction with supervisors.
  • Manage firm-wide performance through effective communication and contributions to team meetings.
  • Interpret regulatory requirements and quality standards, ensuring compliance.
  • Conduct both random and focused audits in a timely manner.
  • Prepare comprehensive quality reports for presentation to senior management, including all necessary documentation.
  • Assist the Head of Risk and Compliance and COLP with external audit preparations, accreditations, and compliance assessments.
  • Monitor and execute remedial actions following external audit recommendations.
  • Stay up-to-date with the latest sector regulations and best practices in internal auditing.
Requirements:
  • Experience in a regulated environment, preferably within the legal sector.
  • Qualification in a related field is advantageous but not essential.
  • Competitive Benefits Package - including discretionary bonus scheme, medical & life insurance, and pension scheme.
  • Opportunities for professional development.


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