What You Need to Know About Compliance Manager
Compliance Manager Example Plan, direct, or coordinate activities of an organization to ensure compliance with ethical or regulatory standards.
A Day in the Life of a Compliance Manager
- Review or modify policies or operating guidelines to comply with changes to environmental standards or regulations.
- Advise internal management or business partners on the implementation or operation of compliance programs.
- Evaluate testing procedures to meet the specifications of environmental monitoring programs.
- Consult with corporate attorneys as necessary to address difficult legal compliance issues.
- Maintain documentation of compliance activities, such as complaints received or investigation outcomes.
- Verify that software technology is in place to adequately provide oversight and monitoring in all required areas.
What Skills Do You Need to Work as a Compliance Manager?
These are the skills Compliance Managers say are the most useful in their careers:
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Writing: Communicating effectively in writing as appropriate for the needs of the audience.
Speaking: Talking to others to convey information effectively.
Active Learning: Understanding the implications of new information for both current and future problem-solving and decision-making.
Types of Compliance Manager Jobs
- Compliance Director
- Regulatory Compliance Specialist
- Corporate Compliance Director
- Research Compliance and HIPPA Privacy Officer and Director of the Research Compliance Program
- Credit Compliance Officer
Job Outlook for Compliance Managers
There were about 992,100 jobs for Compliance Manager in 2016 (in the United States). New jobs are being produced at a rate of 8% which is above the national average. The Bureau of Labor Statistics predicts 79,600 new jobs for Compliance Manager by 2026. There will be an estimated 79,200 positions for Compliance Manager per year.
The states with the most job growth for Compliance Manager are Utah, Washington, and Nevada. Watch out if you plan on working in Vermont, Maine, or Maryland. These states have the worst job growth for this type of profession.
Average Compliance Managers Salary
The salary for Compliance Managers ranges between about $52,550 and $183,430 a year.
Compliance Managers who work in District of Columbia, Virginia, or California, make the highest salaries.
Below is a list of the median annual salaries for Compliance Managers in different U.S. states.
|State||Annual Mean Salary|
|District of Columbia||$147,460|
What Tools & Technology do Compliance Managers Use?
Although they’re not necessarily needed for all jobs, the following technologies are used by many Compliance Managers:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Microsoft PowerPoint
- Microsoft Outlook
- Web browser software
- Microsoft Access
- Email software
- Word processing software
- Microsoft Windows
- Microsoft Project
- Spreadsheet software
- Adobe Systems Adobe Acrobat
- Microsoft Visio
- Microsoft SharePoint
- IBM Notes
- Scheduling software
- Microsoft Internet Explorer
- StataCorp Stata
How to Become a Compliance Manager
What kind of Compliance Manager requirements are there?
What work experience do I need to become a Compliance Manager?
Where Compliance Managers Are Employed
Compliance Managers work in the following industries:
More about our data sources and methodologies.