A Compliance Analyst supports an organisation in meeting regulatory obligations and managing compliance risk. The role requires analytical rigour, clear communication and a strong ethical compass. The successful candidate will analyse processes, assess controls and work with stakeholders to remediate issues. This brief outlines the profile, duties and qualifications to help you hire top candidates.
Compliance Analyst Job Profile
The Compliance Analyst provides day-to-day oversight of regulatory requirements and internal policies. They monitor activity, review documentation and flag potential breaches to senior compliance staff.
They act as a key liaison between business units and the compliance function, ensuring controls are effective and regulatory changes are adopted promptly.
Compliance Analyst Job Description
A Compliance Analyst performs ongoing monitoring and testing of controls to ensure adherence to legal and regulatory standards. Typical tasks include analysing transaction data, reviewing customer due diligence records and preparing compliance reports for management and regulators. The role requires sound judgment, attention to detail and the ability to communicate findings clearly to technical and non-technical audiences.
In addition to monitoring, the analyst assists with policy maintenance, periodic risk assessments and the implementation of corrective actions. They may support audits, contribute to training sessions and help refine compliance procedures to reduce operational risk. Familiarity with anti-money laundering frameworks, data protection and sector-specific regulation will be beneficial.
The successful candidate will demonstrate proactive problem-solving, strong organisational skills and a commitment to ethical conduct. This position suits candidates who enjoy investigative work, working with data and collaborating across teams to ensure a robust compliance programme.
Compliance Analyst Duties and Responsibilities
- Monitor transactions and activity for signs of non-compliance and prepare incident reports.
- Conduct regular control testing and document results for management review.
- Assist with customer due diligence, know your customer checks and ongoing monitoring.
- Analyse regulatory changes and support the implementation of required process updates.
- Prepare regulatory filings and internal compliance reports promptly.
- Support internal and external audits by providing evidence and responding to queries.
- Maintain and update compliance policies, procedures and training materials.
- Collaborate with business units to remediate control gaps and track remediation progress.
- Perform risk assessments and contribute to the organisation's risk register.
- Contribute to compliance training and raise awareness of regulatory obligations.
Compliance Analyst Requirements and Qualifications
- Bachelor's degree in law, finance, business, criminology or a related discipline.
- Minimum 1 to 3 years of experience in compliance, risk, audit or regulatory roles.
- Knowledge of anti-money laundering, know your customer procedures and sanctions screening.
- Familiarity with data protection principles and regulatory reporting requirements.
- Strong analytical and report writing skills with attention to detail.
- Proficiency with Excel, data interrogation tools and compliance monitoring systems.
- Excellent communication and interpersonal skills; able to influence stakeholders at all levels.
- Professional certifications such as ICA, ACAMS or equivalent are advantageous.
- High level of integrity, discretion and the ability to handle confidential information.
- Ability to manage multiple priorities and work to tight deadlines in a changing regulatory environment.
