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Chief Compliance Officer in Grand Rapids, MI

Chief Compliance Officer job description

Chief compliance officers (CCOs) should have strong analytical, communication, collaboration and long-term strategic-planning skills. Candidates must possess knowledge of federal and state government regulatory ethics and compliance issues. Depending on company size, CCOs typically have at least 10 years of compliance experience, and public companies may require experience with SEC reporting. Many organizations also prefer applicants with demonstrated experience in Sarbanes-Oxley compliance. Candidates often have held positions of progressive responsibility in public accounting or within a law firm or corporate finance department. CCOs work closely with the general counsel and, particularly in highly regulated industries such as financial services and healthcare, also may report to the CEO or chief operations officer.

Typical chief compliance officer duties:

Developing and communicating policies and procedures for the company’s standard of legal and ethical conductProviding reports on a regular basis to keep the board and senior management informed of the progress and status of the compliance program and advising them of new developments in ethics and regulatory complianceCoordinating with the human resources department to develop an effective compliance training program, including appropriate introductory training for new employees and ongoing training for existing staffInstituting a standard reporting mechanism within the company for the reporting of compliance issues for investigation and resolution, including confidentiality measures for reporting employees and violations to outside authorities as appropriate or requiredMonitoring possible areas of compliance risk and implementing corrective action plans for the resolution of current and potential problems

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Salary for Chief Compliance Officer in Grand Rapids, MI

159933 - 216125

Low
159933
The candidate is new to the role or has limited experience and is still developing core skills.
Mid
184503
The candidate has moderate experience in the role or one similar, meets most requirements and may hold transferable skills or relevant certifications.
High
216125
The candidate has extensive experience in the role, demonstrates advanced skills and often brings specialized certifications or industry experience.

Projected salaries for related positions

 Job title Low Mid High Compliance Director 124443 153108 180863 Compliance Manager 86678 112385 133315 Compliance Officer 83948 106243 122395 Compliance Reporting Analyst 67340 79853 89635

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