Compliance Officer Job Description Template

Use this Compliance Officer job description template to advertise the open roles for free using Longlist.io. You can use this template as a starting point, modify the requirements according the needs of your organization or the client you are hiring for.

Compliance Officer Job Description Template

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Job Brief

We are looking for a Compliance Officer to ensure that our operations and business transactions follow all relevant legal and internal rules. You will also review employees’ work and provide advice on compliance.

To succeed in this role, you should be a reliable professional who is not afraid to speak their mind and stand by their decisions. You should be familiar with risk management and our industry’s standards. If you also have a sharp business acumen, we’d like to meet you.

Your goal will be to ensure we operate in a legal and ethical manner while meeting our business objectives.

Responsibilities

  • Develop and implement an effective legal compliance program
  • Create sound internal controls and monitor adherence to them
  • Draft and revise company policies
  • Proactively audit processes, practices and documents to identify weaknesses
  • Evaluate business activities (e.g. investments) to assess compliance risk
  • Collaborate with external auditors and HR when needed
  • Set plans to manage a crisis or compliance violation
  • Educate and train employees on regulations and industry practices
  • Address employee concerns or questions on legal compliance
  • Keep abreast of internal standards and business goals

Requirements

  • Proven experience as a Compliance Officer or Compliance Manager
  • Experience in risk management
  • Knowledge of legal requirements and controls (e.g. Anti-Money Laundering, or AML)
  • Familiarity with industry practices and professional standards
  • Excellent communication skills
  • Integrity and professional ethics
  • Business acumen
  • Teamwork skills
  • Attention to detail
  • BSc/BA in law, finance, business administration or a related field
  • Professional certification (e.g. Certified Compliance & Ethics Professional (CCEP)) is a plus

What does Compliance Officer do?

A Compliance Officer is responsible for ensuring that an organization follows all applicable laws, regulations, and internal policies. Here are some of the tasks and responsibilities they may have on a day-to-day basis:

  1. Monitoring compliance: Regularly reviewing and analyzing business operations to ensure compliance with relevant laws and regulations.
  2. Policy development: Developing and implementing policies and procedures to ensure adherence to compliance standards.
  3. Compliance training: Conducting training sessions to educate employees on compliance policies and regulations.
  4. Risk assessments: Identifying potential areas of risk within the organization and developing strategies to mitigate them.
  5. Internal audits: Performing internal audits to assess the effectiveness of compliance controls, identifying gaps, and recommending improvements.
  6. Compliance reporting: Preparing and submitting required compliance reports to regulatory agencies and management.
  7. Responding to complaints and inquiries: Investigating and addressing complaints related to compliance issues and responding to external inquiries.
  8. Communication and collaboration: Collaborating with various departments and stakeholders to ensure compliance requirements are met and providing guidance on compliance issues.
  9. Keeping up with regulatory changes: Staying updated on changes to laws and regulations that affect the organization and implementing necessary changes accordingly.
  10. Monitoring industry trends: Staying informed about industry best practices and emerging trends in compliance to maintain the organization's competitive advantage.

These tasks may vary depending on the industry, size, and complexity of the organization. Compliance officers play a critical role in promoting ethical behavior and maintaining the overall integrity of the organization.

Compliance Officer Job Description Examples

Compliance Officer• SoFi

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Corporate Compliance Officer• Eustasis Psychiatric & Addiction Health

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Compliance Officer• TelComm Credit Union

TelComm Credit Union

Job Description...

Title: Compliance Officer

Department: Operations

Reports To: Director of Operations

Overview:

Performs functions essential to ensuring risk and compliance requirements as set forth by the State, HCUA, NCUA, and other regulatory agencies. Responsible for the development and implementation of credit union policies and procedures to ensure compliance w...

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Corporate Compliance Officer• Cole Health

Are you ready for new challenges and new opportunities?

Join our team...

Current job opportunities are posted here as they become available.

Experience with Compliance is required and must be Licensed to practice law in the state of Texas

The Corporate Compliance Officer oversees all areas of Company compliance. This individual will audit, review, and evaluate compliance issues/concerns wit...

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