Compliance Specialist, Conflicts of Interest

Company:  McKinsey & Company
Location: Chicago
Closing Date: 20/10/2024
Salary: £100 - £125 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Risk & Compliance

Compliance Specialist, Conflicts of Interest

Job ID: 91251

Do you want to do work that matters, alongside supportive leaders who will help you grow faster than you ever thought possible? Are you a creative problem-solver who is energized by challenges? You've come to the right place.

Who You'll Work With

You will be based in one of McKinsey's offices in the United States as part of McKinsey's Risk and Compliance function, whose mission is to enable McKinsey's client impact and innovation while managing risks to the firm, our clients and our people. The function is an integrated global team with backgrounds including communications, consulting, diplomacy, government affairs, and law. You will report to the conflicts manager.

Your Impact Within Our Firm

You will undertake conflict of interest checks on new engagements submitted across the global firm. Your responsibilities include:

  1. Carrying out conflict of interest checks in the firm's conflicts database on clients and any involved parties identified on each new engagement.
  2. Performing research on entities in external sources.
  3. Identifying, clearing and elevating conflicts issues with recommendations on how to address them.
  4. Running robust conflicts of interest checks and analyzing data independently.
  5. Conducting conflict of interest search strategy and discounting false positives from conflicts reports.
  6. Collaborating with client service risk colleagues on engagements requiring higher level risk reviews.
  7. Training and developing junior colleagues.
  8. Supporting or leading conflicts or compliance initiatives to continually improve the firm's capabilities.

Your Qualifications and Skills

  • Undergraduate degree.
  • Must be a US Citizen (due to engagement work for US Government).
  • 3+ years of professional experience on complex problems related to business risk.
  • Demonstrated intellectual curiosity through professional training, advanced degree, or professional impact.
  • Experience or strong interest in due diligence, risk management, and compliance.
  • Prior experience of conflicts of interest analysis and systems within accounting, financial services, or legal sectors is highly advantageous.
  • Excellent problem-solving and analytical skills; demonstrable ability to operate with little oversight.
  • Ability to work effectively in a fast-paced environment, prioritizing and balancing competing, time-urgent demands.
  • Proven track record of developing and mentoring junior colleagues.
  • Ability to cultivate trust-based, peer-counselor relationships in a highly matrixed environment.
  • Strong personal resilience, including comfort and credibility in challenging discussions with senior colleagues.
  • Comfort with, and preferably advanced knowledge of, Microsoft Office (PowerPoint, Excel, Word); aptitude for involvement in database design is a plus.
  • Outstanding English written and oral communication skills.
  • Willingness to travel on occasion; ability to work across several time zones as needed.

Please review the additional requirements regarding essential job functions of McKinsey colleagues.

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FOR U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law.

Certain US jurisdictions require McKinsey & Company to include a reasonable estimate of the salary for this role. For new joiners for this role in the United States, the estimated salary range is $103,100 - $169,200 USD. This reflects our best estimate of the lowest to highest salary for this role at the time of this posting.

Additionally, we provide a comprehensive benefits package that reflects our commitment to the wellness of our colleagues and their families.

FOR NON-U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity employer. For additional details regarding our global EEO policy and diversity initiatives, please visit our McKinsey Careers and Diversity & Inclusion sites.

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