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Compliance/Governance Specialist

Role Description

A Compliance/Governance Specialist ensures that an organization adheres to regulatory requirements, internal policies, and industry standards. This role involves developing and maintaining governance frameworks, conducting compliance audits, and advising on risk management strategies. The specialist plays a critical role in aligning business operations with legal and ethical standards while mitigating risks associated with non-compliance.

Typical Daily Tasks

  • Develop and maintain compliance policies, procedures, and governance frameworks.
  • Conduct audits and assessments to ensure adherence to regulatory standards.
  • Monitor changes in laws, regulations, and industry standards to update compliance practices.
  • Provide guidance and training to employees on compliance requirements and best practices.
  • Collaborate with stakeholders to identify and mitigate compliance risks.

Required Skills/Knowledge

  • In-depth knowledge of regulatory frameworks such as GDPR, HIPAA, or SOX.
  • Experience in conducting audits, risk assessments, and gap analyses.
  • Strong understanding of governance models and corporate ethics principles.
  • Excellent communication skills for training and advising stakeholders.
  • Attention to detail with the ability to analyze complex regulations and translate them into actionable policies.

Who Fits Best for This Role?

This role is ideal for individuals who are detail-oriented, organized, and have a strong understanding of regulatory environments. Compliance/Governance Specialists should possess excellent analytical skills and the ability to communicate effectively across all levels of an organization. The role can be demanding due to the need to stay updated on evolving regulations and ensuring strict adherence to compliance requirements under tight deadlines.

Average Salary: $95,000
Domains: Governance & Risk

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Supplementary Certifications

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