Regulatory Affairs Director Salary (Canada)
The average pay for a Regulatory Affairs Director is C$114,685 per year. Most people in this job have more than five years' experience in related jobs.
|Salary||C$80,323 - C$147,992|
|Bonus||C$4,919 - C$30,201|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|C$75,425 - C$162,411|
Job Description for Regulatory Affairs Director
All businesses must operate within parameters established by internal regulations and relevant laws. Some businesses, such as food production and medicine, are governed by more (and stricter) laws; for these organizations, it is especially important to ensure regulations are constantly and consistently followed. The director of regulatory affairs directs their organization's development of internal regulatory policies, and they monitor internal practices to ensure all of the organization's operations remain in compliance with government regulations. The director also work with regulatory agencies, as required, to address concerns. Additionally, most companies have a regulatory affairs committee, which the director of regulatory affairs coordinates.Read More...
As non-compliance with laws and regulations may lead to significant problems for a company, the director of regulatory affairs must pay close attention to detail and possess the managerial talents to coordinate regulatory team members. The director of regulatory affairs must have a strong working knowledge of all regulations and laws relevant to the company's industry, and they must remain up to date on developments that may alter or add to existing rules. The position may require significant amounts of travel, depending on the size of the business and interaction with regulatory agencies.
A bachelor's degree in a field relevant to the business is generally required for this position, as is experience in that field (preferably in a regulatory capacity). Many regulatory directors hold a master's degree or higher as well. The director of regulatory affairs must continue their education after hiring to ensure current understanding of the regulations governing their industry. (Copyright 2018 PayScale.com)
Regulatory Affairs Director Tasks
- Advise the company on the regulatory aspects and climate that would affect proposed activities.
- Serve as primary regulatory representative responsible for facilitating all regulatory agency interactions.
- Provide appropriate communication and guidance to management and other internal functional areas responsible for submitting required regulatory documentation.
- Develop company regulatory strategy.
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