Occupation information for Compliance Managers Illinois

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description

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

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details

Currently Employed: 42,690

Projected Annual Job Openings: 3,100

Typical Hourly Wage: $47.68 - $82.30

Typical Annual Salary: $99,160 - $171,190

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typical training

Typical education needed for entry: Bachelor's degree

Typical work experience needed for a job in this occupation: Less than 5 years work experience

Typical on-the-job training once you have a job in this occupation: No on-the-job training

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typical job duties

Report violations of compliance or regulatory standards to duly authorized enforcement agencies as appropriate or required.
Identify compliance issues that require follow-up or investigation.
Discuss emerging compliance issues to ensure that management and employees are informed about compliance reporting systems, policies, and practices.
File appropriate compliance reports with regulatory agencies.
Maintain documentation of compliance activities, such as complaints received or investigation outcomes.
Consult with corporate attorneys as necessary to address difficult legal compliance issues.
Conduct or direct the internal investigation of compliance issues.
Provide employee training on compliance related topics, policies, or procedures.
Serve as a confidential point of contact for employees to communicate with management, seek clarification on issues or dilemmas, or report irregularities.
Verify that all regulatory policies and procedures have been documented, implemented, and communicated.

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