Compliance Specialist

Job Summary

The Compliance Specialist will play a crucial role in ensuring that Olympia adheres to all applicable laws, regulations, and internal policies. This position involves monitoring, analyzing, and reporting on compliance issues, as well as assisting in the development and implementation of compliance programs.

Success in this role requires a self-motivated professional who thrives in an autonomous environment and is confident in making decisions with minimal oversight.  The Compliance Specialist will take full ownership of monitoring and testing compliance processes across multiple lines of business and will be expected to communicate with and present to members at all levels.  

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Duties and Responsibilities

• Uphold the division and Olympia’s reputation and values, while promoting our motto “With Us, It’s Personal” in all interactions with employees, clients, and business associates.
• Stay updated on relevant laws and regulations affecting Olympia and maintain a comprehensive and up-to-date inventory of all relevant regulatory requirements.
• Lead Olympia’s compliance monitoring and testing program to ensure adherence to regulatory requirements.
• Assist in the creation and maintenance of compliance policies and procedures.
• Conduct regular risk assessments to identify potential compliance issues and recommend corrective actions.
• Lead the development and implementation of compliance training programs to employees.
• Prepare and present compliance reports to senior management.
• Assist in conducting investigations into compliance breaches and recommend appropriate actions.
• Maintain accurate and up-to-date compliance records and documentation.
• Flexible to perform various assigned tasks as requested by management and executives.
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Competencies

• Connection - We build long-term relationships by collaborating with our clients and industry participants.
• Accountability - We are a trusted business partner operating with transparency and integrity.
• Innovation - We leverage technology to continuously improve how we serve our customers.
• Analytical Thinking - Applies strong analytical skills to interpret complex data, identify trends, and support informed decision-making aligned with regulatory and organizational standards.
• Communication - Demonstrates strong written and verbal communication skills to clearly convey complex information, collaborate effectively across teams, and produce accurate documentation tailored to diverse audiences.
• Presentation skills - Effectively presents compliance findings, risk assessments, and regulatory updates to stakeholders, ensuring clarity, accuracy, and actionable insights.
• Collaboration - Effective teamwork and collaboration skills to work with different departments and ensure a unified approach to compliance.
• Strong problem-solving skills - Understands what is causing a problem, finds solutions and knows when to escalate to leadership.
• Strong organizational skills - Consistently following up on outstanding tasks, thoroughness in accomplishing a task, communicates clearly with team members, and shares information as needed.
• Detail-oriented - Pays close attention to details to produce accurate work.
• Self-motivated - Displays a high level of initiative and self-motivation to independently manage tasks, meet deadlines, and continuously seek opportunities for improvement and growth.
• Regulatory Knowledge – Maintains up-to-date knowledge of industry-specific compliance frameworks to ensure adherence to evolving regulatory standards and best practices. Is able to interpret and apply regulatory requirements to business operations.
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Formal Education and Experience

• Bachelor's degree in Accounting, Law, Finance, Business Administration, or a related field.
• Three (3) to five (5) years of experience in compliance, audit, risk management, or a related field, ideally within the financial services industry.
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Specialized Skills or Knowledge

• Proficient in compliance software and tools.
• Successful completion of a Criminal Background check is required.

This role focuses exclusively on regulatory and operational compliance and does not include responsibilities related to IT risk analysis or cybersecurity oversight.

Please note that shortlisted candidates will be required to participate in a case study exercise as part of the interview process. This assessment is designed to evaluate your analytical thinking, problem-solving skills, and ability to apply compliance knowledge in real-world scenarios relevant to our business operations.

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