Vendor Compliance & Ethics Analyst

Year    Bangalore, Karnataka, India

Job Description


Vendor Compliance & Ethics Analyst, Assurant-GCC, India
This role provides oversight and performs comprehensive compliance activities for adherence with regulations, including auditing, risk assessments, monitoring, and vendor oversight to ensure that Assurant and its clients effectively comply with applicable federal and state regulations to mitigate risk exposure. The Compliance Vendor Analyst summarizes and provides reports to internal stakeholders and vendors demonstrating compliance with laws/regulations, contracts, agreements and/or standards.
This position will be based in Bangalore, Chennai, Hyderabad at our India location.
What will be my duties and responsibilities in this job?
70% Risk Assessments, Audits, and Reporting -

  • xe2x96xaaConducts research, develops and performs compliance audits, risk assessments, monitoring, vendor monitoring, and/or vendor audits based upon client, laws/regulations, and internal requirements.
  • xe2x96xaaReviews and analyzes records, reports, controls, regulations and operating procedures and issues reports on regulatory adherence.
  • xe2x96xaaPerforms quantitative and qualitative research to further support audit findings and process improvement activities, including root cause analysis.
  • xe2x96xaaCreates audits, risk assessments, monitoring, vendor monitoring, and/or vendor audits and reports to all levels of staff, including leadership.
  • xe2x96xaaParticipate in and lead meetings with vendors and internal stakeholders as part of testing and monitoring activities.
  • xe2x96xaaCreates reports, conducts calibrations, and performs trending analysis of audit findings for business.
  • xe2x96xaaSupports business with any identified necessary corrective action and performs testing and monitoring to ensure successful remediation of issues.
  • xe2x96xaaCommunicates regulatory and operational issues to the business to ensure process compliance and adherence.
  • xe2x96xaaProvides support and assistance to management and business for the effective implementation of new regulations and regulatory requirements to ensure appropriate controls and processes are in place for regulatory compliance change management.
  • xe2x96xaaEffectively communicates risks to business leadership to ensure regulatory compliance adherence.
25% Ad-Hoc -
  • xe2x96xaaParticipate in special projects and targeted risk assessments/audits as required.
  • xe2x96xaaDemonstrates strong analytical and research skills.
  • xe2x96xaaManages multiple assignments, team workstreams, and priorities effectively.
  • xe2x96xaaConducts quality compliance reviews on peers.
5% Training -
  • Conducts associate cross training.
What are the requirements needed for this position?
  • Minimum of 3 years of experience in vendor compliance audits and advanced analytical, data management, and critical thinking skills.
  • Strong knowledge of business risk concepts in the mortgage, insurance, warranty and servicing contracts, and/or financial services industries.
  • Minimum of 3 years of experience utilizing data analysis and improvement tools.
  • Experience in regulatory risk framework development and control environment mapping.
  • Demonstrated ability to achieve results through working cross-functionally, influencing others, making timely decisions while considering needed trade-offs, negotiating conflicts, as needed.
  • Able to conduct a compliance regulatory audit, risk assessment, and/or vendor audit, collect and verify evidence, assist with preparation of preliminary and final reports, and write work papers to summarize findings.
  • Strong problem-solving abilities.
  • Experience collaborating with and influencing colleagues across multiple business functions.
  • Knowledge of data analytics and improvement tools.
  • Excellent oral, written, and presentation skills.
  • Strong proficiency using Microsoft 365 products.
What are the preferred experience, skills, and knowledge needed for this position?
  • Associate or Bachelors degree (or equivalent experience) preferred.
  • Able to develop and implement compliance audits, risk assessments, vendor audits, research regulatory requirements, collect and verify review documentation, assist with preparation of preliminary and final reports, and write work papers to summarize findings.
  • Advanced analytical, data management, critical thinking, organizational, research, oral, and written communication skills with strong attention to detail.
  • Ability to drive execution and meet stated deadlines.
  • Ability to multi-task and prioritize tasks.
  • Demonstrated understanding of regulatory compliance governing the mortgage, insurance and/or financial services
  • Ability to adapt to a dynamic, rapidly changing business and technical environment
  • Demonstrated problem resolution skills.
  • Detail-oriented with a commitment to accuracy.
  • Proactive and able to work independently and within a team.
  • Strong decision-making capabilities.

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Job Detail

  • Job Id
    JD3671514
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year