Regulatory Compliance Specialist Job Description
Overview:
We are seeking a seasoned Regulatory Compliance Specialist to oversee our regulatory compliance activities.
The Role: This specialist will work closely with the Head of Risk and Quality and Quality and Ethics Director to ensure the firm's adherence to Irish, UK, and EU regulations, focusing on audit-specific obligations in each jurisdiction.
Responsibilities:
* Oversee and efficiently manage the firm's regulatory compliance framework.
* Advise leadership and the business on regulatory expectations and developments.
* Coordinate firm-wide readiness for regulatory inspections (IAASA, CAI, FRC, PCAOB) and manage the inspection process.
* Engage in regulator interactions during inspections and provide timely and accurate responses.
* Monitor, interpret, and implement changes in regulatory requirements.
* Provide strategic input into M&A activity, policy development, and client delivery where applicable.
* Manage the firm's end-to-end regulatory filings, ensuring timely and accurate submissions to relevant authorities.
* Maintain robust documentation for regulatory items and associated policies and procedures.
* Coach, train, and guide business stakeholders to promote best practices in regulatory matters.
* Champion good practices and behavior to embed strong regulatory practices within the business.
* Assist with the auditor registration process for new registrations of the audit firm and/or responsible individuals.
* Work on platform and/or business combinations related activities as required.
* Collaborate closely with and escalate matters to the Head of Risk and Quality and the Quality and Ethics Director.
* Prepare internal reports on regulatory activity as required.
* Build and maintain positive stakeholder relationships at all levels of the organisation.
* Provide training and supervision to less experienced colleagues, offering consistent and regular feedback.
* Adhere to the highest professional standards and maintain strict confidentiality regarding sensitive matters.
* Support wider firm risk and quality initiatives.
* Perform other duties as assigned.
Requirements:
* Current or prior experience in external or internal audit, business process control testing, compliance review, quality, and risk management.
* Strong knowledge of Irish and EU audit regulatory frameworks and standards, including ISQM 1.
* Proven ability to manage inspection preparation and communicate effectively with regulators.
* Strong organisational skills with the ability to prioritise, coordinate, and complete multiple tasks.
* Strong interpersonal and stakeholder management skills.
* Detail-oriented and deadline-focused.
* Team-oriented with a strong work ethic.
* Self-motivated with the ability to work autonomously, involving team members and escalating issues as needed.
* Strong relationship-building skills.
* Focus on strong client service and responsiveness.
* Excellent written, verbal, and interpersonal communication skills.
* Qualifications: Bachelor's degree in accounting or related field. A minimum of 5+ years of progressive audit or internal audit or quality & risk management or compliance audit or business risk advisory experience. Experience in medium to large accounting firm or equivalent is preferred. Excellent analytical, technical, and auditing skills. Experience in implementation or testing of ISQM 1 or PCAOB rules and standards is an asset. Proficient in Microsoft Office and Productivity Applications (Excel, Word, Power Point, Project, and Share Point).
Core Competencies:
1. Client Service: Approachable, Responsive to questions and feedback, Work standards, Sets standards for excellence, Ensures high quality, Takes responsibility, Encourages others to take responsibility, Tenacity, Persists in efforts, Continuously reassesses and prioritises, Escalates and engages when necessary.
2. Quality Orientation: Follows policies and procedures, Ensures high-quality output, Takes action, Life at GT Reward and benefits: Our reward and benefits are designed to create an environment where our people can flourish. We are committed to building a culture where our people have access to the necessary benefits to help promote a healthy lifestyle and thrive. Equity, diversity and inclusion: At Grant Thornton, we provide equitable opportunities for all our colleagues. We are a responsible, sustainable business where equity, diversity and inclusion is at the forefront of our workplace culture agenda. People are at the heart of our business and teams built with varied backgrounds and perspectives present diverse viewpoints, which need to be heard and valued. We are all at our best when we are able to be ourselves and we view integrity and authenticity as integral values to bring to our day-to-day work-life at the firm. We are excited to see the personality and perspectives you will bring to our team because we know we will all benefit from them. Diversity of thought, background and experience enables better decision-making and helps us to meet the needs of our clients. Our firm is built on people and their ideas, so we want to hear all the new perspectives and fresh thinking you have to offer. You form the bedrock of our firm's best-practice principles and we will champion you as leaders from day one. Recognition: We want to create a culture of recognition and celebrating success, by saying thank you to people who surpass our expectations and recognising the right values and behaviours. Our Shout Out recognition scheme is our way of highlighting and promoting achievements.],