A company's compliance officer generally is in charge of supervising and handling issues related to compliance with laws or regulations, including making sure that the company is up to date with its licensing requirements. Often, they must report their findings to the organization's governing body and recommend any needed changes. This job is particularly essential in heavily regulated industries such as health care and financial services.
Compliance Officer Tasks
Conduct or direct the internal investigation of compliance issues.
Oversee and monitor activities for compliance with company, state and federal regulations.
Assess product, compliance, or operational risks and develop risk management strategies.
Conduct periodic internal reviews or audits to ensure that compliance procedures are followed.