Compliance Manager in Grand Rapids, MI

Compliance Manager job description

Compliance managers need solid statistical, analytics and organizational skills. Candidates should possess the ability to collaborate and build partnerships with multiple business units within a financial services institution. A bachelor’s degree in business or accounting is expected; an advanced degree is preferred. A least two to four years of related experience and systems proficiency are required. A professional certification in auditing or compliance, such as a certified internal auditor (CIA) or certified regulatory compliance manager (CRCM) designation, is preferred.

Typical compliance manager duties:

Creating and reviewing regulatory compliance documentation

Coordinating the creation, review and implementation of policies and procedures resulting from new laws and regulations

Applying and interpreting audit and compliance requirements for various departments

Working closely with the compliance director and other senior executives

Designing and coordinating the preparation and ongoing review of policies, procedures, training materials and other communication tools to ensure departments meet compliance requirements

Coordinating regulatory exams and internal business unit audits

Interacting with external auditors on matters related to audits of the organization’s internal controls

Establishing self-audit and compliance monitoring programs

Reviewing and assessing potential fraud activity and developing fraud detection tools

Filing regulatory reports and other documentation

Coordinating rollout and training of new or updated policies and directives when required

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Salary for Compliance Manager in Grand Rapids, MI

86678 - 133315

Low

86678

The candidate is new to the role or has limited experience and is still developing core skills.

Mid

112385

The candidate has moderate experience in the role or one similar, meets most requirements and may hold transferable skills or relevant certifications.

High

133315

The candidate has extensive experience in the role, demonstrates advanced skills and often brings specialized certifications or industry experience.

Projected salaries for related positions

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High

Chief Compliance Officer

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184503

216125

Compliance Director

124443

153108

180863

Compliance Officer

83948

106243

122395

Compliance Reporting Analyst

67340

79853

89635

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