Compliance analysts must be highly organized, with excellent problem-solving, communication and research skills. They usually hold a bachelor’s degree in accounting or business and have at least two years of related work experience. Strong candidates for this position have a solid understanding of risk assessment and mitigation, as well as the legal and regulatory environment in their industry.
Typical Duties of a Compliance Analyst:
- Developing, implementing and managing the organization’s compliance and risk-assessment program
- Coordinating with external risk assessment and compliance professionals, as well as federal and provincial regulators
- Assessing new laws and regulations and their impact on the company
- Communicating regulations and identified risks to management and employees across the company