A senior compliance officer is primarily responsible for the design and integration of their business’ merchandising, sourcing, and marketing framework. Knowledge of compliance and safety requirements is needed, as is the ability to develop strategies to respond to compliance risks. Another important responsibility of a senior compliance officer is to ensure the company is meeting all regulatory requirements for products and business reporting. They also assist others in working with department managers in developing and/or implementing plans of action to guarantee compliance.
Sr. Compliance Officer Tasks
Oversee and monitor the implementation of the compliance program.
Respond to compliance offenses, develop corrective action, and establish time frames for company to implement changes.
Inspect business to ensure standards, regulations and laws are followed by employees and management and provide issue reports to management.
May establish a compliance committee.