Business operation knowledge and skills
Compliance Managers must be able to apply relevant theoretical and practical knowhow to ensure that the business and its products comply with all relevant laws, regulations, codes and standards.
Compliance Managers
Descriptions & Duties
- Compliance Managers are responsible for implementing compliance policy and procedures. Ensures that the business and its products comply with all relevant laws, regulations, codes and standards. Keep abreast of the global development and international standards, and alerts management on the high risk areas. Maintains communications with different stakeholders for continuous enhancement on compliance management.
Generic Competencies
Physical Abilities
Physical abilities
- Physical strength
- Eye hand coordination / precision / dexterity
Importance:1 (Max:5)
Skill is rarely required
Technology Skills
Technology skills
- Computer literacy
- Application of technology
Importance:3 (Max:5)
Skill is basically required
Cognitive Abilities
Cognitive abilities
- Creativity
- Visualisation
- Logical thinking
Importance:5 (Max:5)
Skill is required all the time
Comprehension And Expression
Comprehension and expression skills
- Reading comprehension
- Oral / written expression
Importance:5 (Max:5)
Skill is required all the time
Social Skills
Social skills
- Communication
- Negotiation
- Persuasion
Importance:4 (Max:5)
Skill is frequently required
Organisation And Execution Skills
Organisation and execution skills
- Planning
- Organising
- Judgement
- Decision making
Importance:5 (Max:5)
Skill is required all the time
Problem Solving Skills
Problem solving skills
- Ability to solve simple and complex problems effectively and efficiently
Importance:5 (Max:5)
Skill is required all the time
Management Skills
Management skills
- Leadership
- Management of finance / time / people / other resources
Importance:5 (Max:5)
Skill is required all the time
Trade Specific Competencies
Business monitoring knowledge and skills
Compliance Managers must be able to compile and examine various business statements and reports to assure their accuracy, integrity and conformance to relevant laws, regulations, codes and standards.
Business analysis knowledge and skills
Compliance Managers must be able to analyse various business ratios and indicators for evaluating the business status of an organisation to ensure that it operates efficiently and effectively.
General Requirements
Academic qualification
A bachelor's degree in Law, Accounting, Finance or other discipline related to their field of work
Experience
5 to 8 years of relevant work experience
Other specific requirements
Professional qualifications related to their field of work (e.g. Certified Public Accountant (CPA))
Career Path & Salary
Private Sector
Monthly Salary $30,000-$45,000
Monthly Salary $40,000-$65,000
Monthly Salary $60,000-$90,000
Related Education & Training
Degree or above
- MSc in Programme and Project Management (in collaboration with University of Warwick)
- BA (Hons) in Professional Accounting
- BA (Hons) in Public Relations and Management
- BA (Hons) Business (with Law)
- BA (Hons) Business Administration
- BA (Hons) Business Management
- BA (Hons) Business and Human Resource Management
- BA (Hons) International Business Management
Work Environment
- Compliance Managers usually work in offices during regular business hours.
