What is a compliance officer?

Compliance Officers help organizations manage risks and avoid lawsuits by ensuring business operations are performed in compliance with state and federal laws. Compliance Officers are tasked with everything from developing company policies, creating metrics to help track compliance and performing compliance audits.

How do I become a compliance officer?

They must also continue studying state and federal laws related to their industry and ensure that the company conducts business according to new regulations that arise. Compliance Officers are typically required to hold a bachelor's degree in Law, Business Administration, or Finance.

What is the difference between a compliance officer and an auditor?

They perform audits either at the request of the corporation or a government body. During their audits, they review current and previous records to determine an organization’s compliance with current and past regulations. Therefore, Compliance Officers are forward-focused, whereas Auditors are past-focused in their job duties.