Business operation knowledge and skills
Compliance Officers 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 Officers
Descriptions & Duties
- Compliance Officers supervise the daily operations of the company to ensure that the business and its products comply with all relevant laws, regulations, codes and standards.
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:3 (Max:5)
Skill is basically required
Comprehension And Expression
Comprehension and expression skills
- Reading comprehension
- Oral / written expression
Importance:4 (Max:5)
Skill is frequently required
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:4 (Max:5)
Skill is frequently required
Problem Solving Skills
Problem solving skills
- Ability to solve simple and complex problems effectively and efficiently
Importance:4 (Max:5)
Skill is frequently required
Management Skills
Management skills
- Leadership
- Management of finance / time / people / other resources
Importance:4 (Max:5)
Skill is frequently required
Trade Specific Competencies
Business monitoring knowledge and skills
Compliance Officers 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 Officers must be able to assist in analysing 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
- 2 to 3 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 $20,000-$40,000
Monthly Salary $30,000-$45,000
Monthly Salary $40,000-$65,000
Monthly Salary $60,000-$90,000
Related Education & Training
Degree or above
- 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
- MSc in Programme and Project Management (in collaboration with University of Warwick)
Work Environment
- Compliance Officers usually working offices during regular business hours.
