Compliance Manager Salary
Job Description for Compliance Manager
Compliance managers work on a company's legal, management, and compliance issues. They make sure that their company is up to date with all the regulatory requirements. Their tasks include conducting audits, identifying issues, filing reports, consulting with attorneys, assisting employees, analyzing sales, investigating customer complaints, guiding and teaching fellow employees, overseeing compliance systems, and verifying policies. Compliance managers typically need to be strong leaders, as well as strong communicators. This job is communication-heavy and requires frequent verbal and written communication with others. It is also helpful to be persuasive and an excellent problem solver; compliance managers generally have to analyze data and explain results to - and potentially persuade - higher management or attorneys.Read More...
Compliance managers generally work alongside human resources, higher management, attorneys outside the company, and employees within the office. Most positions for compliance managers are full-time, day-shift jobs with long hours. Extended hours are usually required, and long distance and/or overnight travel may be possible. A bachelor's degree in accounting, business, finance, or a related field is needed, as well as five to seven years of related experience. Depending on the company's field, other certifications may be required.
Compliance Manager Tasks
- Perform routine internal audits to ensure that business is operating in accordance with regulations.
- Consult with company about processes, practices, and systems and areas of improvement.
- Create, implement, administer, and enforce policies, procedures and laws required for a company to operate in accordance with the law and regulations.
- Establish and update a compliance manual.
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