Compliance Assurance Specialist

About Swift

If you’ve ever sent money across borders, we’ve probably met before. We’re the ones that keep funds flowing, supply chains moving and the world’s economies turning. As the global specialist in financial transactions, we were founded to enable the financial community to move value quickly, securely and with unrivalled precision. We’re a neutral cooperative spanning over 200 countries and territories, with a community comprising over 11,500 banks, securities players, market infrastructures and corporates. Together with our community we’re driving digital innovation, to help financial institutions to grow and improve their customers’ experience – today and for the future.

Swift strives to operate in compliance with applicable laws and regulations. Swift’s Compliance team has the mission to make that happen. We oversee regulatory tracking activities, assessments, advice, and report on regulatory risk; we also take ownership of numerous compliance domains, develop and oversee internal policies, manage regulatory control frameworks, assess and mitigate risk, report and give assurance.

Become part of the Compliance & Regulatory Affairs team

The Compliance team is looking for a Compliance Assurance Specialist with extensive experience in governance, risk and control (GRC); compliance and controls frameworks; compliance reporting; compliance culture and communication. The Compliance Assurance Specialist will report to Swift’s global Head of Compliance. Amongst other things, the Compliance Assurance Specialist will

• Oversee Swift’s Compliance framework and methodologies

• Maintain a repository of compliance controls and related information such as risks, evidence, issues, owners and actions

• Manage Swift’s compliance roadmap and pipeline

• Oversee Swift’s company-wide policy framework

• Maintain an Assurance Map across the Compliance team

• Act as a point of reference for monitoring and assurance queries

• Manage monthly, quarterly and annual compliance reporting

• Track, develop and improve metrics to assess success and compliance risk

• Drive innovation and help innovate Swift’s compliance tools.

• Liaise closely with Swift’s other 2nd and 3rd line assurance functions

• Contribute to Swift’s compliance culture and trainings

• Manage and coordinate specific compliance projects.

Assess the effectiveness and compliance of relevant controls The role Compliance Assurance Specialist is expected to take initiative and responsibility for building out and the dedicated Compliance Assurance pillar in the Compliance team. The role offers growth and learning opportunities. The selected candidate may be expected to travel 10-15% of their time.

Skills & Qualifications

• A Bachelor/University Law degree or equivalent with relevance to Compliance

• A deep understanding of governance, risk & compliance frameworks and a solid understanding of laws and regulations arising in the context of Regulatory Compliance

• Professional English language skills

• Experience with regulatory frameworks, relevant risk indicators, and identifying and implementing compliance controls to ensure compliance with applicable laws and regulations

• Impartial, open-minded, respectful and at ease with ethical dilemma

• Trustworthy and respectful in handling confidential information and sensitive cases

• Experience of operating at various levels within the organisation (e.g. senior levels, remote employees) and with external vendors (such as law firms, authorities, third-party vendors)

• 5+ years of relevant experience in compliance-related activities and roles

• Organised and passionate for continuous improvement and high-quality work deliverables.

• Inclusive, collaborative, delivery-focused and with strong stakeholder management skills

• Operational excellence skills (e.g. capable of building relevant reports, continuous improvement mindset) & project management experience

• Capable of multi-tasking in a fast-moving environment

• Strong communication skills (written and oral) and strong presentation skills

• Familiarity with reporting to governance bodies and authorities

• Has the ability to operate with a limited level of direct supervision and can demonstrate independence of judgement and autonomy

• Process-driven mindset, capable of designing and applying procedures in their day-to-day activities

• Comfortable in navigating databases & tools

• Experience with providing training

Optional

• Additional language(s)

• Financial sector experience

• Corporate Governance experience

• Project management experience