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What does a Compliance Officer do?

Do you like to follow the rules and make sure that others do too? Do you like to make sure that everything conforms to a set standard? Then a compliance officer may be the job for you. As a compliance officer, you examine and evaluate your situation to make sure that your organization conforms to government laws and regulations. This includes government contracts, compliance of licenses, and permits.

Skills to follow the rules

As a compliance officer, you may need organization skills, observation skills, and communication skills. You will also need to understand the compliance regulations for your business, and how to maintain, follow, and report those compliance issues. You may be required to have administrative and leadership skills to direct employees under you. You may also need to be self-motivated and keep up with regulations as they continue to change within your business.

Education to comply with

You may be able to find a compliance job with a high school degree, but most compliance officers require a four year degree in the field of your choosing. If you are a compliance officer for a banking firm, you may be required to have a degree in finance. You may also be responsible for obtaining any training that accompanies the job in the agency you choose.

Monetary compliance

The Federal Executive Branch of the government pays a higher salary rate than the average, while insurance carriers pay on the lower end of the scale. California and Texas have the highest employment levels in the compliance field. The District of Columbia, Massachusetts, and Connecticut offer the top paying salaries in the field.

Opportunities abound

As a compliance officer, there is a diverse population of jobs that you can apply for. Many organizations have the need for a compliance office, including banking, government, financial institutions, corporations, and military agencies. With this comes the multiple opportunities to set your own hours or work at an organization that you really enjoy.

There are also opportunities to move up in the field. You can move up into a higher position in your organization or you could lead a team of compliance officers within your organization. You can choose a job where you can take on as much as you want, and apply yourself to move forward in your career, or stay at a level where you enjoy what you are doing and working at the level you are.

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