A risk and compliance job description focuses on ensuring that an organization’s processes comply with laws, regulations, standards, and internal policies and that risks are systematically identified, assessed, and mitigated[2]. Professionals in these roles may hold titles such as Risk & Compliance Manager, Analyst, Officer, or Head of Risk and Compliance, and their core tasks center on safeguarding the ethical, legal, and operational integrity of the business.
- Designing, implementing, and reviewing risk management frameworks to identify, assess, and mitigate operational, financial, and regulatory risks in line with organizational goals[1].
- Defining and monitoring risk appetite, and ensuring reporting on risks aligns with business strategy and regulatory requirements[1].
- Conducting regular internal audits and assessments to verify effective compliance and risk controls[2].
- Investigating and resolving compliance breaches or incidents, including root cause analysis and ongoing oversight[1].
- Interpreting and implementing regulatory change, coordinating with appropriate teams to ensure organization-wide awareness and compliance[1].
- Developing and updating compliance policies and procedures based on risk assessment findings and regulatory updates[3].
- Providing guidance and training to staff about compliance requirements, organizational policies, and best practices[2][3].
- Maintaining documentation such as risk registers, compliance databases, and regulatory filings[3].
- Facilitating communication between departments regarding risk and compliance issues, supporting and challenging the control environments[1].
- Supporting external audits and regulatory inspections, preparing and supplying necessary documentation[3].
- Monitoring regulatory updates and ensuring the organization adapts processes to remain compliant[2].
- Liaising with regulators and maintaining strong professional relationships with business managers and stakeholders[1].
- Promoting a culture of compliance and ethical business conduct throughout the organization[5].
Key qualifications and skills often required include:
- Bachelor’s degree in law, business, finance, risk management, or a related field[1][3].
- Professional certifications such as CRCMP or CCEP, and/or membership in a recognized risk/compliance association[1][3].
- Strong analytical, organizational, and communication skills[3].
- Experience in regulatory compliance, risk management frameworks, and audit practices[1][2][3].
- High degree of integrity and ability to handle confidential information[3].
- Ability to adapt to evolving regulations and internal changes[3].