Harris Associates L.P. Senior Compliance Analyst in Chicago, Illinois
You will be given the opportunity to obtain a strong understanding of the regulatory and business requirements embedded in the compliance function of an investment advisory firm. You will provide support to the Compliance department regarding compliance-related matters, specifically related to the Compliance Program Rule (206(4)-7) testing and verification, SOC 1 Reporting, and other regulatory and departmental responsibilities. You will have significant interaction with all levels of management and independent third-party audit firms.
Duties & Responsibilities:
Provide daily assistance to the Deputy Chief Compliance Officer (CCO), CCO and other Compliance colleagues in determining the adequacy and effectiveness of the firm’s compliance-related policies and procedures through verification and testing of the compliance-related control environment built into various business processes.
Develop a strong understanding of the firm's Compliance program policies and procedures, various desktop procedures that exist throughout business units, and myriad regulatory requirements to which the firm is subject (e.g., SEC, FINRA, ERISA, etc.).
Serve as a subject matter expert on all firm-wide compliance-related and SOC 1 processes and controls described in the firm’s Compliance program policies and procedures and the SOC 1 report, respectively; and assist in determining if business and IT controls are suitably designed and operating effectively.
Utilize the various systems and applications (proprietary or otherwise) used by the firm in conducting day-to-day business activities and functions (e.g., Advent Axys, Salesforce, ITG, etc.) and independently obtain and manipulate data from these systems for use in verifying and testing relevant processes and controls.
Interact with business units, including management, to understand relevant processes that surround control-activities under review/ tested, and provide guidance on developing suitable processes and controls to improve the overall control environment.
Routinely prepare written reports that describe the relevant aspects of testing activities performed, highlighting any findings or exceptions in a concise and articulate manner.
Provide assistance with regulatory filings (e.g., FINRA/CRD, SEC, etc.).
Cross-train with other functions within the Compliance department including the function responsible for monitoring compliance with client investment guidelines and restrictions.
Perform other duties and special project work as assigned.
High level of integrity and the ability to maintain confidentiality of records and information.
Strong organizational skills and excellent verbal and writing skills.
Excellent attention to detail, a high degree of initiative and adaptability, and the ability to deliver timely work products.
The ability to work with numerous and conflicting deadlines.
Strong MS Office (e.g., Word, Excel) skills.
- Prior audit experience as it applies to compliance with investment advisory industry regulations and SOC 1 reporting requirements.
Team Player: Works well as a member of a group