Compliance Managers
SOC: 11-9199.02

Description:

Plan, direct, or coordinate activities of an organization to ensure compliance with ethical or regulatory standards.


National Salary Information:

Hourly Statistics:

Annual Statistics:

Source: Bureau of Labor Statistics 2015 wage data.


Alternate Titles:

  • Audit Manager
  • BSA Officer
  • BSA/AML Compliance Officer
  • Business Practices Supervisor
  • Chief Compliance Officer
  • Compliance Analyst
  • Compliance Coordinator
  • Compliance Director
  • Compliance Engineer-Products
  • Compliance Manager
  • Compliance Officer
  • Compliance Review Officer
  • Compliance Specialist
  • Corporate Compliance Director
  • Corporate Compliance Officer
  • Corporate Ethics Officer
  • Corporate Operations Compliance Manager
  • Credit Compliance Officer
  • Director of Compliance
  • Director, Global Ethics & Compliance and Assistant General Counsel
  • Director, Office of Human Subjects Protection
  • Ethics Manager
  • Ethics Officer
  • Financial Compliance Officer
  • Head of Ethics and Compliance
  • Internal Review and Audit Compliance
  • IRB Compliance Coordinator
  • Legal Compliance Officer
  • Manager, Quality Management, Corporate Compliance
  • Regulatory Compliance Director
  • Regulatory Compliance Officer
  • Regulatory Compliance Specialist
  • Research Compliance and HIPPA Privacy Officer and Director of the Research Compliance Program
  • Research Quality Assurance Analyst
  • Research Quality Assurance Specialist
  • Risk Manager


  • Job Zone Four: Considerable Preparation Needed

    Experience:

    A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

    Education:

    Most of these occupations require a four-year bachelor's degree, but some do not.

    Job Training:

    Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.


    Required Skills:

  • Reading Comprehension
  • Active Listening
  • Writing
  • Speaking
  • Mathematics
  • Science
  • Critical Thinking
  • Active Learning
  • Learning Strategies
  • Monitoring
  • Social Perceptiveness
  • Coordination
  • Persuasion
  • Negotiation
  • Instructing
  • Service Orientation
  • Complex Problem Solving
  • Operations Analysis
  • Technology Design
  • Programming
  • Operation Monitoring
  • Quality Control Analysis
  • Judgment and Decision Making
  • Systems Analysis
  • Systems Evaluation
  • Time Management
  • Management of Financial Resources
  • Management of Material Resources
  • Management of Personnel Resources

  • Knowledge Used:

  • Administration and Management
  • Clerical
  • Economics and Accounting
  • Customer and Personal Service
  • Personnel and Human Resources
  • Production and Processing
  • Computers and Electronics
  • Engineering and Technology
  • Building and Construction
  • Mathematics
  • Physics
  • Chemistry
  • Biology
  • Psychology
  • Sociology and Anthropology
  • Geography
  • Medicine and Dentistry
  • Education and Training
  • English Language
  • Foreign Language
  • Public Safety and Security
  • Law and Government
  • Telecommunications
  • Communications and Media
  • Transportation


  • Tasks:

  • Verify that software technology is in place to adequately provide oversight and monitoring in all required areas.
  • Serve as a confidential point of contact for employees to communicate with management, seek clarification on issues or dilemmas, or report irregularities.
  • Maintain documentation of compliance activities, such as complaints received or investigation outcomes.
  • Consult with corporate attorneys as necessary to address difficult legal compliance issues.
  • Discuss emerging compliance issues with management or employees.
  • Collaborate with human resources departments to ensure the implementation of consistent disciplinary action strategies in cases of compliance standard violations.
  • Advise internal management or business partners on the implementation or operation of compliance programs.
  • Review communications such as securities sales advertising to ensure there are no violations of standards or regulations.
  • Provide employee training on compliance related topics, policies, or procedures.
  • Report violations of compliance or regulatory standards to duly authorized enforcement agencies as appropriate or required.
  • Provide assistance to internal or external auditors in compliance reviews.
  • Prepare management reports regarding compliance operations and progress.
  • Oversee internal reporting systems such as corporate compliance hotlines and inform employees about these systems.
  • Monitor compliance systems to ensure their effectiveness.
  • Identify compliance issues that require follow-up or investigation.
  • Keep informed regarding pending industry changes, trends, and best practices and assess the potential impact of these changes on organizational processes.
  • Disseminate written policies and procedures related to compliance activities.
  • File appropriate compliance reports with regulatory agencies.
  • Design or implement improvements in communication, monitoring, or enforcement of compliance standards.
  • Conduct periodic internal reviews or audits to ensure that compliance procedures are followed.
  • Conduct or direct the internal investigation of compliance issues.
  • Assess product, compliance, or operational risks and develop risk management strategies.
  • Verify that all firm and regulatory policies and procedures have been documented, implemented, and communicated.
  • Direct the development or implementation of compliance-related policies and procedures throughout an organization.
  • Advise technical professionals on the development or use of environmental compliance or reporting tools.
  • Conduct environmental audits to ensure adherence to environmental standards.
  • Develop or implement environmental compliance plans for programs, such as air quality, storm water, wastewater treatment, hazardous waste management, pollution prevention, or solid waste management.
  • Direct environmental programs, such as air or water compliance, aboveground or underground storage tanks, spill prevention or control, hazardous waste or materials management, solid waste recycling, medical waste management, indoor air quality, integrated pest management, employee training, or disaster preparedness.
  • Evaluate testing procedures to meet the specifications of environmental monitoring programs.
  • Review or modify policies or operating guidelines to comply with changes to environmental standards or regulations.

  • Tools & Technology:

  • Computer laser printers
  • Desktop computers
  • Laptop computers
  • Laser facsimile machines
  • Multi-line telephone systems
  • Personal computers
  • Photocopying equipment
  • 80-20 Software Leaders4
  • Actimize Brokerage Compliance Solutions
  • Adobe Systems Adobe Acrobat software
  • Agiliance Compliance Manager
  • Aline GRC
  • Apple Safari
  • ARC Logics Sword
  • Archer Compliance Management
  • AssurX CATSWeb
  • AssurX Financial Services Compliance Management System
  • Audit2 AdaptiveGRC
  • Axentis Compliance Management
  • BPS Compliance
  • BWise Compliance Management
  • CMO Compliance Regulatory Compliance Solution
  • Compliance 360
  • Compliance11 Supervisory Suite
  • ComplianceBridge Total Compliance
  • ControlCase Compliance Manager
  • Cura Software Solutions Cura for Compliance Management
  • Data analysis software
  • Database management software
  • Desktop publishing software
  • DoubleCheck GRC&T Platform
  • Email software
  • ember ec3 HeatShield software
  • EtQ Environmental Health and Safety Software
  • EtQ FDA cGxP Compliance Software for Life Sciences
  • Fidessa Compliance Manager
  • FRSGlobal RegPro
  • Governance, risk, and compliance GRC software
  • Guideline Risk Technologies RUBI
  • Healthcare common procedure coding system HCPCS software
  • Horwath Software Magique
  • Human resource information system HRIS software
  • IBM Notes
  • Keane SCORE
  • LexisNexis software
  • LRN Ethics and Compliance Alliance
  • MasterControl MD
  • MasterControl TotalPharma
  • MediRegs ComplyTrack
  • Methodware ERA
  • MetricStream Compliance Management
  • MetricStream Enterprise Compliance Platform
  • MetricStream Regulatory Reporting
  • Microsoft Access
  • Microsoft Excel
  • Microsoft Internet Explorer
  • Microsoft Office software
  • Microsoft Outlook
  • Microsoft PowerPoint
  • Microsoft Project
  • Microsoft SharePoint software
  • Microsoft Visio
  • Microsoft Windows
  • Microsoft Word
  • Modulo Risk Manager
  • Mozilla Firefox
  • MyComplianceOffice Compliance Operations Management System
  • Neohapsis Certus GRC
  • Oracle Enterprise Governance, Risk, and Compliance Manager
  • Oracle Insurance Compliance Tracker
  • policyIQ
  • Protiviti Governance Portal
  • QUMAS Compliance Solution
  • Resolve Legislative Compliance Management
  • RVR Systems Compliance
  • SAP BEx Report Designer
  • Scheduling software
  • Spreadsheet software
  • StataCorp Stata
  • Sword Achiever Compliance Portal Dashboard
  • Tax accounting software
  • The Garland Group RiskKey
  • Thomson Reuters Paisley Enterprise GRC
  • Web browser software
  • Word processing software


  • management


    industry stats

    SOC: 11-0000

    Total Employed: 6,936,990

    Average Annual Salary: $115,020