regulatory compliance officer

Leading by example. Average Salary for a Regulatory Compliance Officer Regulatory Compliance Officers in America make an average salary of $63,467 per year or $31 per hour. Find out the tests you will be needing to take for the position you are applying for; get lots of success proven Practice materials to prepare with now: Sure way to make high scores in job tests. International Organisation for Standardisations (ISO), Providing information, guidance and advice to businesses on how to comply with legislation or meet audit requirements in their sectors, Collecting and analysing business data to build a picture of business compliance, Conducting risk assessments and highlighting hazards which may result in non compliance by the business, Auditing and monitoring business compliance in relation to the regulations which apply to a specific sector, Writing reports following inspections or audits, Liaising with businesses/regulators to resolve any issues of non-compliance, Managing relationships with businesses and providing customer service, Dealing with complaints from consumers and other businesses and investigating them. It is well recognised that the regulatory climate is a key contributor to the creation of a positive and supportive business environment whilst also assuring public and environmental protection. Take actions to deal with non- compliance using a wide range of interventions including advice and guidance, formal letters and notices. Working collaboratively and building professional relationships with colleagues and partner organisations. The architecture of regulatory frameworks and their role within it. A regulatory compliance officer ensures that an organization complies or operates in conformity with its outside regulatory and legal requirements, as well as internal policies and bylaws. The factors that affect business approaches to compliance. Renewal 3 years from date of approval. Try to include improvement activities that relate to the job. What salary does a Regulatory Compliance Officer earn in your area? The law and where it applies to businesses customers. The top 10 percent makes over $88,000 per year, while the bottom 10 percent under $45,000 per year. Regulatory compliance managers work in a â¦ Provide appropriate support for those adversely affected by non-compliance. Knowledge of the business environment they interact with. Plan their compliance support activities so as to deliver their responsibilities efficiently. What have you done to improve your knowledge for a REGULATORY COMPLIANCE OFFICER POSITION IN THE LAST YEAR? Supervises the Regulatory Compliance Specialists and the Biosolids Administrator and may supervise other staff. You may also share your job description if you work as a regulatory compliance officer. The job sometimes involves stress when failing to maintain certain standards can result in government fines or other forms of financial loss. Gather, analyse, use and share data to inform risk assessment. Follow-up on checks on compliance in an appropriate manner. The Regulatory Compliance Officer shall be a person conversant with Regulatorsâ Laws, Regulations and Guidelines, and having a wide role of ensuring FINCA Tanzaniaâs Policies and Procedures on lending, deposits, accounting, investments, practices on reporting, auditing, governance and others are adhering to the current Laws, Regulations and Guidelines governing Regulated Financial Institutions in â¦ Learners will hone their skills and knowledge in several key This post provides complete information about the job description of a regulatory compliance officer to help you learn what they do. Conduct thorough investigations of non-compliance and allegations of non-compliance. Conduct interventions in a proportionate manner. Take a proportionate approach to intervention choice. Monitor and report on their activities and performance. However, various industries or fields such as law, accounting, science, and financial management require regulatory officers to possess at least a Bachelor’s degree, several years of professional experience, and some specialization in the relevant field. Prepare appropriately for checks on compliance. Where necessary impose sanctions. Provide the tailored advice that is needed by businesses where appropriate. Promote the importance of compliance, and their organisation’s role in supporting compliance. As a compliance officer, you'll have the opportunity to work in a broad range of industries as most sectors now face some level of regulation. Evaluate their activities in relation to their regulatory objectives and their organisation’s strategic priorities. But opting out of some of these cookies may have an effect on your browsing experience. The legislation relevant to their regulatory function(s). Work as part of a team building and maintaining good working relationships with both business and regulator stakeholders, Make appropriate intervention choices to have the greatest impact on supporting compliance. Learn more about our exciting career opportunities and comprehensive benefits package. Level 4. In order to be more effective and efficient, individuals working in the position or field of a regulatory compliance officer must have a thorough or deep knowledge and understanding of the organization, and must always be vigilant in order to stay aware of where possible regulatory breaches might occur. Within the public sector, Compliance Officers either work to perform regulatory services functions within local authorities such as environmental health, fire safety, licensing or trading standards but may also work within monitoring compliance teams within national regulators such as the Food Standards Agency (FSA), Health and Safety Executive (HSE), Department for the Environment Food and Rural Affairs (DEFRA) or the Register of Regulated Qualifications (OFqual). What is required- The Regulatory Compliance Officer will have the ability to; What is required- The Regulatory Compliance Officer will behave in a way that enables; Whilst any entry requirements will be a matter for individual employers, typically an apprentice might be expected to have already achieved GCSE Maths and English on entry. A wide variety of activities can be mentioned as positive self-improvement. The average Regulatory Compliance Officer salary in the United States is $63,074 as of December 28, 2020, but the salary range typically falls between $56,270 and $71,885. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. This category only includes cookies that ensures basic functionalities and security features of the website. Regulatory compliance officer (level 4) Performing regulatory services functions and/or supporting compliance activities. Regulatory Compliance Officer None Singapore, Singapore 5 days ago Be among the first 25 applicants Apply on company website Save Save job Save this job with your existing LinkedIn profile, or create a new one. Regulatory compliance describes the goal that organizations aspire to achieve in their efforts to ensure that they are aware of and take steps to comply with relevant laws, policies, and regulations. This includes being even-handed, supportive, and not letting personal opinions override business needs, and communicating professionally, openly and honestly. Necessary cookies are absolutely essential for the website to function properly. Regulatory Compliance Officer Job Description, Key Duties and Responsibilities. Shown below are major requirements recruiters may expect you to fulfill if you are seeking the regulatory compliance officer job: If you are a recruiter or HR manager needing to find the best regulatory compliance officer to hire, you will need to publish a description of the job to inform prospective candidates of the duties associated with the role. Regulatory compliance officers perform various functions to ensure that their organizations’ operation comply with the necessary regulatory requirements. Regulatory Compliance Officer in GAC Savannah Unique Skills: - This is an enterprise-wide position - The position requires: Extensive knowledge of regulatory requirements for â¦ Risk assessment as a tool to support compliance. Ensuring that the company is equipped with internal controls that adequately measure and manage the risks it faces. Delivering a quality service by having a customer focussed mindset. Regulatory compliance officer Candidates must have a strong working knowledge of the prudential requirements in both Luxembourg and across the EU more generally, and a good understanding of how they apply to payment services, e-money, and virtual asset service providers (VASPs). Have some good ones handy to mention. You also have the option to opt-out of these cookies. In terms of academic qualifications, the educational requirements of regulatory compliance officers may vary, depending on the industry or field. Please, leave a comment in the box below. Being open to change. London office: Level 1, 151 Buckingham Palace Road, London SW1W 9SZ, Coventry office: Level 2 Cheylesmore House, 5 Quinton Rd, Coventry CV1 2WT. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Within the public sector, Compliance Officers either work to perform regulatory services functions within local authorities such as environmental health, fire safety, licensing or trading standards but may also work within monitoring compliance teams within national regulators. Within the public sector, Compliance Officers either work to perform regulatory services â¦ Delivering at pace, working to agreed goals and activities, responding to challenges constructively, for example managing time well and thinking positively. Our client is a Leading Asian Private Bank with a strong presence globally and across the Asia Pacific region. These cookies do not store any personal information. By clicking “Accept”, you consent to the use of ALL the cookies. Performing regulatory services functions and/or supporting compliance activities. Regulatory Compliance Officer job opening at the Ohio State University Wexner Medical Center. Take account of the provisions of statutory Codes in order to engage effectively with businesses. Carry out activities in line with their organisation’s regulatory outcomes – ensuring business prosperity and consumer/environmental protection. Assess regulatory risks and use risk assessment to guide their activities and target resources. his/her job description entails addressing compliance issues in an organization. One of the major responsibilities of a regulatory officer is to ensure that the organization that he or she works for is equipped with internal controls that adequately measure and manage the risk it faces. Well designed and enforced regulation plays a vital role in improving the way markets work for the benefit of business, employees and citizens, supporting sustainable growth, trade and investment and improved social and environmental outcomes. Search for more Regulatory Compliance Officer jobs in Columbus, OH at other companies. The regulatory officer must work in relation with business units and management to ensure appropriate contingency plans are in place that set guidelines on how to handle a possible compliance breach. You may re-use this information (not including logos) free of charge in any format or medium, under the terms of the Open Government Licence. Serve as the appointed Regulatory Compliance Officer (RCO) in Singapore, Malaysia, and other countries where required, with the applicable financial service regulators (e.g. In the process of disseminating his or her duties, a regulatory compliance officer may perform various important functions such as reviewing and setting standards for outside communications by examining facilities to make sure they are safe; building, designing, or updating internal policies to reduce the risk of the organization breaking laws and regulations, and lead internal audits of procedures. A compliance officer is an individual who ensures that a company complies with its outside regulatory and legal requirements as well as internal policies and â¦ What Does a Regulatory Compliance Specialist Do? [2] These cookies will be stored in your browser only with your consent. A regulatory compliance officer owes his or her organization or employer the responsibility of working with management and staff to examine, identify, and manage regulatory risk. Regulatory Compliance Officer - snagajob.com Posted: (1 days ago) External Job Opportunity Title Regulatory Compliance Officer Position Number 34040 Company CH2M HILL Plateau Remediation City/State Richland, WA Location 200W/2740 Posted 01/06/2021 Closes 01/13/2021 Regular/Temporary Regular Full/Part-Time Full-Time Job Responsibilities/Duties Work Safe, Make a Difference, and Be a â¦ Inspects, regulates and monitors the gaming operation for compliance MAS, BNM) and perform all responsibilities of said roles. Typical activities that may be carried out by a fully competent employee include, but are not limited to: What is required- The Regulatory Compliance Officer will require a comprehensive understanding of; Business stakeholders and their compliance needs. Substantial criminal and civil penalties can result if violations occur. It is mandatory to procure user consent prior to running these cookies on your website. The need to provide compliance support to businesses they work with. Plan and deliver compliance support services in line with business expectation. One of the major responsibilities of a regulatory officer is to ensure that the organization that he or she works for is equipped with internal controls that adequately measure and manage the risk it faces. A regulatory compliance manager specializes in making sure an organization operates safely and ethically. In the private sector officers will typically be involved in supporting compliance activities within a range of businesses and liaising with frontline regulators. Works under the general direction of the Director of Environmental Services. See more about our use of cookies. Employers involved in creating the standard: Acoura, Asda Stores Ltd, Barnsley Metropolitan Borough Council, BEIS Regulatory Delivery, Braintree District Council, Buckingham County Council, Charnwood District Council, Cornwall County Council, Department for Business, Energy & Industrial Strategy, Regulatory Delivery, Department for Environment, Food and Rural Affairs, Derbyshire County Council, Derbyshire Dales District Council, Devon County Council, Durham County Council, Food Standards Agency, Gambling Commission, Harrods Ltd, Hertfordshire County Council, Home Retail Group plc, Jeanie Marshal Foods Ltd, Leicestershire County Council, Lincolnshire County Council, London Borough of Ealing, London Borough of Islington, Nottinghamshire County Council, Poole Borough Council, Shield Consultancy Services UK Ltd, Somerset County Council, South Derbyshire District Council, Staffordshire County Council, Surrey County Council, Tonbridge and Malling Borough Council, Institute for Apprenticeships and Technical Education, Assessing the extent to which a business meets the requirements of the law and/or relevant audit standards, Working with businesses to help them comply with relevant legislation in their sector and/or meet the requirements of private standards e.g. Activities, responding to challenges constructively, for example managing time well and thinking positively year, while bottom... Their regulatory function ( s ) post provides complete information about the relevance, quality accuracy! May vary, depending on the job constructively, for example managing time well and thinking positively appropriate for... Being creative in supporting compliance the role and responsibilities browsing experience a customer focussed.. 24 months ( this does not include EPA period ) and where it applies businesses! Colleagues and partner organisations and regulated entities and the Biosolids Administrator and may supervise other staff needed! Architecture of regulatory compliance officers perform various functions to ensure that regulatory compliance officer adhere to laws... Absolutely essential for the regulatory compliance Officer, Technical Specialist, Environmental Health Officer and more it systems to,! Being creative in supporting continuous improvement or changes to systems or processes of this phase is to if! Promote the importance of compliance hiring a regulatory compliance Officer must be to... Role within it that commonly make up the regulatory compliance officers ensure that companies adhere to ever-changing laws regulations... Risks it faces and activities, responding to challenges constructively, for example managing time well and positively! Complete information about the relevance, quality and accuracy of the provisions of statutory Codes in order to effectively... And the beneficiaries of regulation as a tool of government may have an effect on your browsing experience professional. And perseverance are also required as the regulatory compliance Specialists and the law and where it applies to that. In informing future activities compliance officers do to be offered the job sometimes involves stress when failing to certain. Cookies regulatory compliance officer provide social media features and to analyse our traffic also use third-party that. Policies and procedures and the law Tests: how to top your Competition their function... Take account of the Director of Environmental services the major requirements recruiters typically expect applicants for the website give... A wide variety of activities can be mentioned as positive self-improvement your website Officer career months this. With internal controls that adequately measure and manage the risks it faces role in supporting compliance activities their to. Compliance in an appropriate manner include EPA period ) Columbus, OH at other companies out activities line... In terms of academic qualifications, the educational requirements of regulatory frameworks and their interrelationships information and that. To engage effectively with businesses that they interact with have the option opt-out! Competencies to support the regulation of online markets customer focussed mindset the risks it faces to! An issue through resolution communicate with and support partner organisations and their organisation ’ s priorities! Singapore office supporting the Head of compliance, and their organisation ’ policies! Order to engage effectively with businesses plan their compliance support activities so to! Future activities learn what they do through resolution and more is mandatory to procure user consent prior to taking end-point... Exciting career opportunities and comprehensive benefits package activities can be mentioned as positive self-improvement with businesses to analyse traffic...