The job of a compliance manager is to ensure that an organisation complies with all applicable laws and regulations. A compliance manager typically works in the legal or risk management departments of a company, and reports to the general counsel or chief compliance officer.
To be successful in this role, a compliance manager must have excellent attention to detail and strong analytical skills. They must also be able to effectively communicate with different departments within an organisation, as well as with outside regulatory bodies. In addition, a compliance manager must be able to stay up-to-date on changes in the law and develop creative solutions to complex problems.
Qualifications, training and skills required
The specific duties of a compliance manager vary depending on the size and type of organisation but may include developing and implementing compliance policies, conducting audits, and training employees on compliance issues. In larger organisations, a compliance manager may also be responsible for investigating potential violations and taking corrective action.
Extra desired training
Analyzing the risks of business and operations
Ensure adherence to standards by conducting audits
Recognizing compliance issues
Maintaining written and verbal policies and regulations of an organization
Strategise and implement risk management processes
Compliance procedures investigated and any necessary follow-up action taken
Good organisational skills
Ability to communicate effectively
Using effective problem-solving techniques
Evaluation & Interpretation
Analytical thinking ability
Innovation
Continuity
Exceptional people skills
Keeping up to date with business technology and IT