Share this job Job Description Role of the Compliance Specialist The compliance specialist acts as the chief administrative officer of the company, and shares various responsibilities with the directors under the Companies Act. Compliance Specialists are tasked with ensuring that companies and other organizations are in compliance with any relevant regulations and standards. The compliance specialist implements and oversees corporate compliance with applicable laws and policies, both locally and at the federal level. The role provides for the “legal conscience of a board”, ensuring that the decisions it takes are reasoned properly and are in the best interests of the organization and its stakeholders. Key skills for compliance specialist Candidates should possess diplomacy, meticulous attention to detail, good numerical, organizational and time management skills and a genuine interest in business. Excellent computing, secretarial, interpersonal, team working and written/verbal communication skills are also important. Candidates should be able to learn laws and regulations from various jurisdictions of the world and be able to comprehend requirements applicable on the company and its directors. Qualifications required A Master’s Degree or equivalent A major in finance or business would be useful Relevant experience in law, ethics, organizational business, finance or statistical analysis It is normally essential to have gained previous professional administrative or commercial work experience, such as in accounts, insurance or office management. Compliance Specialist Duties and Responsibilities In ensuring that the company is in compliance with all relevant regulations and standards, Compliance Specialists are expected to perform a wide range of tasks. And while much of what to do is determined by the industry, there are some tasks common to most Compliance Specialists. 1. Companies House filings As compliance specialist, the task of filing the company documents at Companies House will normally be delegated to you. You keep track of all upcoming regulatory compliance requirements by the Companies Act. For example: You file details of significant changes in company share capital or administration. Information on any new shares allotted must be notified. Appointments, resignations and changes (e.g. home address) of directors or secretaries must be notified. When making changes, the company’s articles of association should be consulted to see if specific procedures need to be followed. You submit a confirmation statement/annual return every year. This confirms that the information Companies House holds about the company is accurate. Before filing the confirmation statement/annual return, you should check the information held by Companies House. If any information is out of date, you need to update it at the same time or before submitting the confirmation statement. You must file various other documents. These