Compliance manager Job Description
Compliance manager Job Description Template
A Compliance Manager ensures an organization adheres to legal standards and internal policies, mitigating risk by enforcing regulations, initiating audits, and managing team education. Key tasks include policy development, compliance reporting, and regulatory research.
Responsibilities:
- Develop and implement company policies and procedures to ensure compliance with applicable laws and regulations.
- Monitor and analyze changes in relevant laws and regulations and communicate potential impacts to management and relevant stakeholders.
- Design and conduct training programs to educate employees on compliance issues and company policies and procedures.
- Develop and maintain strong relationships with external regulatory agencies and stay current on industry best practices.
- Investigate and respond to compliance-related issues, and develop and implement corrective action plans as needed.
- Conduct regular audits and risk assessments to identify potential compliance issues and areas for improvement.
- Prepare and submit compliance reports to management and regulatory agencies as required.
- Collaborate with cross-functional teams to ensure compliance considerations are incorporated into business decision-making processes.
Requirements:
- Proven experience as a compliance manager or in a similar role
- Knowledge of legal requirements and controls (e.g. Anti-Money Laundering, GDPR)
- Familiarity with industry standards and regulations (e.g. ISO 27001)
- Strong communication and leadership skills to effectively manage and train staff on compliance issues
- Ability to analyze complex information and create reports for senior management
- Attention to detail and ability to identify potential compliance risks and develop strategies to mitigate them
- Ability to work effectively under pressure and handle multiple tasks simultaneously
- Bachelor’s degree in a related field, such as law, business, or finance