Does Compliance pay well?
$38,920 to $109,950. The salary range for Compliance Officer occupations, as of May 2019 (the most recent figure available as of September 2020).
What is a compliance support specialist?
Compliance specialists help organizations ensure that their operations comply with relevant laws, regulations, and policies. They are responsible for monitoring and documenting compliance activities, advising leadership and management on compliance matters, and liaising with government agencies.
Is compliance a good career?
A circuitous path into and through the compliance profession is pretty common among compliance professionals. But whether you are going to spend the next 50 years working in compliance or you’re just passing through, it is a rewarding, exciting, satisfying and varied experience.
Are compliance jobs boring?
Compliance is boring It’s multi-disciplinary, challenging, complex, constantly evolving and dynamic. The solution is for Compliance Managers to first (re)frame “compliance” not as a series of burdens and impositions, but as an enabler of a better business.
Is compliance a good career path?
Why do you want to be a compliance specialist?
Much of the purpose of a compliance function is to ensure customers are treated fairly and with respect. Compliance professionals therefore have a strong sense of ethical responsibility, knowing the work they do contributes to a just, fair, and ethical relationship between business and customer.
Is a compliance specialist a good job?
Because compliance concerns extend to all industries, jobs for skilled compliance officers are abundant and the market outlook is promising. According to the U.S. Bureau of Labor Statistics, there will be more than 23,000 new compliance jobs available by 2026.
Is compliance a stressful job?
Compliance may well be more stressful than many other occupations. It may be more stressful than the average job. Compliance officers may experience mental health issues at higher rates, report higher instances of depression, anxiety or burnout and enjoy less professional fulfillment than others.