About the Client :
A Fortune 500 global leader in technology services and digital
business solutions, this company delivers comprehensive Business Process
Services (BPS) and IT-enabled solutions. With a worldwide presence, it serves
diverse industries including banking, healthcare, retail, manufacturing, and
communications. The firm's expertise spans a broad spectrum of critical
processes—from finance and accounting to human resources, customer service, and
supply chain management - enabling clients to enhance efficiency, drive
innovation, and achieve business agility on a massive scale.
Job Title: Regulatory Compliance Analyst
Position : Subject Matter Expert(SME)
Shift : US Shift | 5 days | Cab will be provided
CTC : Upto 6.75 LPA
Location: Hyderabad, WFO
Reporting To: Operations Leader / Compliance Lead
Employment Type: Full-time
Role Summary:
The Regulatory Compliance Analyst will be responsible
for supporting compliance obligations across various regulatory domains
including SEC, FINRA, AML/OFAC, and insurance-related regulations. This role
ensures timely and accurate reporting, supports audits and exams, and
contributes to maintaining a compliant and risk-aware operational environment.
Key Responsibilities:
Regulatory Oversight & Reporting
- Prepare and deliver compliance and regulatory reports (e.g., market
conduct exams, subpoenas, data extracts).
- Support internal and external audits, including Early Warning
Reports and TEFRA-related documentation.
- Maintain and update compliance-related SOPs and documentation.
Fraud & AML/OFAC Monitoring
- Conduct fraud investigations using tools like GIACT.
- Monitor and report suspicious activities in alignment with AML/OFAC
guidelines.
- Collaborate with SMEs for escalations and legal signoffs.
Complaints & Escalations
- Track and report customer complaints and escalated matters.
Licensure
- Obtain and maintain appropriate licensure if required to support
broker/dealer or securities-related services (e.g., FINRA Series 6).
Documentation & Governance
- Contribute to the development and maintenance of the Policies and
Procedures Manual.
- Participate in governance meetings and provide compliance input as
needed.
- Support the Service Provider’s reporting obligations.
Qualifications:
- Bachelor’s degree in law.
- 3+ years of experience in regulatory compliance, preferably in
insurance or financial services.
- Familiarity with SEC Rule 38a-1, Investment Company Act, FINRA
Series 6/7 requirements.
- Experience with AML/OFAC compliance and fraud detection tools.
- Strong analytical, documentation, and communication skills.
- Based on the job description in JD
Regulatory Compliance Analyst 1.docx, here’s a
tailored list of competencies for the Regulatory Compliance Analyst role. These competencies are grouped into functional, technical, and
behavioral categories to align with the responsibilities and
qualifications outlined in the JD:
Functional Competencies:
- Regulatory Reporting & Documentation
o Ability to prepare and deliver
compliance reports (e.g., market conduct exams, subpoenas, TEFRA
documentation).
o Skilled in maintaining and updating SOPs
and compliance documentation.
- Audit & Examination Support
o Proficient in supporting internal and
external audits, including Early Warning Reports.
o Familiarity with regulatory frameworks
such as SEC, FINRA, and insurance-related standards.
- Fraud & AML/OFAC Monitoring
o Competence in conducting fraud
investigations using tools like GIACT.
o Ability to monitor and escalate
suspicious activities in line with AML/OFAC guidelines.
- Complaint & Escalation Management - Experience
in tracking, documenting, and resolving customer complaints and
escalations.
- Licensure & Regulatory Adherence - Understanding
of licensure requirements (e.g., FINRA Series 6) and ability to maintain
compliance.
- Governance Participation - Ability to contribute to policy development
and participate in governance meetings.
Technical Competencies
- Regulatory Knowledge - Familiarity with SEC Rule 38a-1, Investment
Company Act, and FINRA Series 6/7 requirements. In-depth knowledge of
annuities and annuity regulations.
- Compliance Tools - Experience with fraud detection and compliance
monitoring tools (e.g., GIACT).
- Documentation & Reporting Systems - Proficiency
in managing compliance documentation and reporting systems.
Behavioral Competencies
- Analytical Thinking - Strong ability to analyze regulatory data and
identify compliance risks.
- Communication - Clear and effective communication skills for
reporting, documentation, and stakeholder interaction.
- Attention to Detail: High level of accuracy in preparing reports and
maintaining compliance records.
- Collaboration: Ability to work with SMEs, legal teams, and
cross-functional stakeholders.
- Adaptability: Comfortable working in a hybrid model and
adjusting to evolving regulatory requirements.
Certifications (Preferred):
- FINRA Series 6 or 7
- AML Certification
- Compliance-related training certifications