Compliance Officer Job Description Sample
Deciding to pursue an exciting career as a compliance officer means you'll be in charge of ensuring a company is functioning ethically and legally while it's meeting business goals. Your responsibilities will include advising management regarding possible tasks, developing compliance programs, and reviewing company policies.
Table Of Contents
Compliance Officer Job Description Sample
Our organization is actively in search of an experienced and motivated compliance officer. We need an individual who can guarantee that our business processes and transactions are following all relevant internal and legal guidelines. Your responsibilities will include developing company policies, responding to policy violations, and reviewing employee work. Successful candidates must be highly analytical, possess impeccable verbal and written communication skills, and be professional. Top candidates should be fluent in our industry's principles and risk management.
Compliance Officer Salary
According to data collected from PayScale in 2019, the national average salary for a compliance officer is $67,942.00 per hour. That equates to a median wage of, on average, $19.29 per hour. Entry-level compliance officers with less than one year of experience can expect to see salaries of at least $53,000.00 per year. Those who have been working as a compliance officer for twenty years or longer are reporting wages of at least $83,000.00 or higher.
Compliance Officer Job Description For The Resume (Resume Summary)
A driven compliance officer with incredible attention to detail and over seven years' experience. I have a background in legal studies and experience in increasing responsibility in the finance industry. Seeking to leverage my proven industry knowledge and training to take the next career step within your organization. Highly skilled in risk analysis, determining customer eligibility, and the implementation of company policies to meet compliance standards. Demonstrated ability in researching and initiating regulatory changes and industry best practices to drive business goals and increase profits.
Compliance Officer Skills
- Exceptional verbal and written communication skills.
- Incredible attention to detail.
- Can think analytically and has remarkable problem-solving skills.
- Has an acumen for business.
- Extraordinary teamwork skills and ability to work without supervision.
- Excellent interpersonal skills.
- Is highly organized and uses excellent time-management skills.
- Has integrity and is incredibly dependable.
Compliance Officer Duties & Responsibilities
- Implementation and management of a competent legal compliance program.
- Developing and reviewing company policies.
- Advising the management team regarding the compliance with regulations and laws through detailed reports.
- Creating and managing practical actions plans in response to compliance violations and audit discoveries.
- Auditing the company's documents, practices, and procedures for identifying possible risks or weaknesses.
- Assessing the company's operations to determine any compliance risks.
- Ensuring all employees receive education regarding the latest processes and regulations.
- Resolving employee concerns regarding legal compliance issues.
- Has familiarity with all phases for developing and implementing an adequate legal compliance program.
- Possess the developmental skills necessary for creating reliable internal controls and monitoring adherence to each objective.
- Is proactive and knows how to stay ahead of the curve regarding identifying weaknesses before they are problems.
- Can effectively collaborate with outside professionals, including HR and external auditors, as necessary.
Compliance Officer Requirements
- Bachelor's in business management, finance, law, or a relevant field.
- Masters degree in a related field might be preferred.
- Between three and five years' proven experience working as a compliance officer.
- Proven experience working in risk management.
- In-depth knowledge of legal controls and requirements (e.g., AML or Anti-Money Laundering).
- Familiarity with professional standards and industry practices.
- Professional certification (e.g., CCEP—Certified Compliance & Ethics Professional) is a plus.
Using Your Template
Follow these instructions to use your new job description template
- Step one: Fill out all details in your job description template using the provided sample on this page.
- Step two: Customize your requirements or duties to anything special to your workplace. Be sure to speak with team members and managers to gauge what's required of the position.
- Step three: When the census of the team has agreed on the description of the work, add in a Equal Employment Opportunity statement to the bottom of your job description.
- Step four: Check with your legal department, management team, and other team members to ensure the job description looks correct before creating a job advertisement. Choose a job board that's specific to your needs.
Phone interviews have become a core part of the process when attempting to find a secured placement for an open position. Companies receive massive responses from potential candidates for any..
Concerning a job search, you might receive numerous offers from your recruiters. Before you choose one, you need to assess all the conditions, for which it is vital that you know everything associated with the offered position..
Answering this question during a job interview requires more than knowing why you are unique as an individual. Yes, the true scientific answer is made up of two main components: your..
So, you have been in search of a job for a considerable time but are yet to be selected for one. If that's the case, don’t worry anymore because we have got you covered..
Open-ended questions like “What motivates you?” can elicit a deer-in-the-headlights reaction from job candidates if they are unprepared. It’s a broad question and can leave the interviewer..
A lot of interviewers ask this question - how did you hear about this position? This way they can judge you if you are a passive or an active job seeker..
Writing a thank you note after an interview says a lot about you as a potential employee. Most notably, it says that you care about the opportunities presented..
Writing the perfect letter of resignation is more of an art than it is a science. And we’re going to cover how to master that art form in this full guide..
Knowing how to end a business note or email is an important skill to develop. It helps portray a sense of confidence, respect and tone to your message..