Regulatory Control Support Specialist - S3

Job Description

Monitors reports for routine activity and is accountable for a basic understanding and application of required securities laws. Monitors operational activity through the execution of defined jobs. Assists with regulatory reviews and may complete appropriate routine filings to ensure operations are compliant. Reviews fund and shareholder account information on activity reports to detect any potential compliance issues. Gathers data to assist with identifying and defining best business practices that support applicable compliance standards. May also coordinate data security and risk management-related issues. Uses developed knowledge and skills to perform assignments with a moderate degree of supervision. Identifies problems and relevant issues in straightforward situations. Delivers work to agreed timescales, service levels or similar metric. Support the GIDS Fraud Risk Control Program through the review of periodic, daily generally, red flag monitoring reports. Review red flag reports to identify high-risk account attribute changes and validating to the greatest extent possible the authenticity of the changes, which incudes but is not limited to validating data elements in TA2000, AWD and other 3rd party research tools. Review reports to determine validity of potential matches to watch-lists; remediate and escalate positive matches or matches unable to be dispatched. Taking steps to protect at-risk accounts by applying restrictions, removing bank instructions, performing a variety of processing functions, etc. Assist in research by retrieving phone calls, submitting requests for web reviews and analysis, etc. Ensure timely and effective escalation and remediation of potential or confirmed fraud incidents. Role Overview Carries out regulatory compliance and risk reviews to ensure adherence to company and regulatory requirements and reduce regulatory and operational risk. Reviews investor, investor account, investor account activity and client information to ensure client fund group and client compliance with applicable regulations as well as reducing operational risk. Review and analysis of data provided by system-generated reports that identify potentially suspicious or unauthorized activity, customer verification exceptions and potential matches to various sanctions and watch lists. Completes routine tasks with supervision or through defined policies and procedures. Delivers work within due date established by manager.