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.

  • Mastermind compliance policies and protocols on behalf of the organization
  • Develop and implement a compliance program to ensure the organization operates in accordance with state and federal laws
  • Determine compliance metrics and establish a system for tracking them
  • Sign off on any marketing and advertising collateral to ensure it is compliance
  • Remain up to date on federal and state laws related to the organization and update policies accordingly
  • Perform compliance audits to determine whether establish protocols are being followed and where they can be improved
  • Maintain up to date written documentation and policies related to the organization's business activities
  • Create compliance resource library for staff members to reference when they have questions
  • 5+ years prior experience in risk management or compliance roles
  • Must have, or be willing to obtain, a compliance certification
  • Superior attention to detail in order to identify and correct risky practices
  • Must be a strong communicator and capable of expressing oneself clearly both speaking and in writing
  • Possess a collaborative personality and be open to suggestions from team members
  • Exemplify strong knowledge of industry protocols and best practices
  • Excellent analytical skills and ability to accurately interpret complex documents and policies
  • Strong time management and organizational skills and able to meet deadlines
  • Should have a strong moral code and sense of ethics
EducationBachelor's Degree
Work/Life Balance
0.0 ★
Salary Range--
Career Opportunity
0.0 ★
Avg. Experience2-4 years

Compliance Officer Salaries

Average Base Pay

$4,555 /month
Same as national average
Not including cash compensation
See More Insights
$3K
Median: $5K
$7K
See More Insights
Glassdoor Estimated Salary

Compliance Officer Career Path

Learn how to become a Compliance Officer, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

L2
Compliance Officer
$57,000/yr
L3
Senior Compliance Officer
No Salary Reports
L4
Leader of Compliance
No Salary Reports
See Career Path

Compliance Officer Insights

Read what Compliance Officer professionals have to say about their job experiences and view top companies for this career.
Sorry, we don't have any reviews for this topic. Please choose another topic.

Compliance Officer Interviews

Related Careers

Compliance Analyst
$60,000
25% skills overlap
Loss Prevention
13% skills overlap
Investigator
$79,000
No skills overlap
Fraud Analyst
$38,000
13% skills overlap

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.

The most similar professions to compliance officer are:
  • Compliance Analyst
  • Loss Prevention
  • Investigator
  • 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.