What does a Compliance Officer do?
Compliance Officers help organizations manage risks and avoid lawsuits by ensuring business operations are performed in compliance with state and federal laws. Compliance Officers are tasked with everything from developing company policies, creating metrics to help track compliance and performing compliance audits. They must also continue studying state and federal laws related to their industry and ensure that the company conducts business according to new regulations that arise.
Compliance Officers are typically required to hold a bachelor's degree in Law, Business Administration, or Finance. Employers may also require that they have a certificate in compliance or ethics. Above all, Compliance Officers are known for their attention to detail, their analytical thinking skills, and their ability to interpret complex policies and regulatory documents. These individuals must also possess excellent communication and collaboration skills.
Compliance Officer Salaries
Average Base Pay
Compliance Officer Insights
“I worked in the compliance team and it was one of the most unprofessional and unpleasant experiences of my life.”
“The base pay can be well depending on what you do but expanding and achieving higher positions is rare.”
“I work with a great team and boss that let's me dive in and get things done.”
“Excellent line manager who helps get the best out of the team and is very knowledgeable.”
“Development is important and I am grateful my line manager supported 100% on my career.”
“Salary is below market rate and no clear direction is given on how to grow my career.”
“Some of the people you work with are great and it is great to work for such a well known brand.”
“If you want to learn a lot about manufacturing this is the best place to go”
Compliance Officer Interviews
Compliance Officer jobs
Frequently asked questions about the role and responsibilities of a compliance officer
When working as a compliance officer, the most common skills you will need to perform your job and for career success are Leadership, Security Clearance, Excellent Communication, Audit and Attention To Detail.
- Compliance Analyst
- Loss Prevention
- Fraud Analyst
The most common qualifications to become a compliance officer is a minimum of a Bachelor's Degree and an average of 0 - 1 of experience not including years spent in education and/or training.