Compliance Officer Corporate Accounting in Norfolk, VA

Compliance Officer Job Description

Compliance officers need a strong working knowledge of federal and state regulatory guidelines and standards. Monitoring accounting and regulatory guidelines as they relate to financial reporting and documentation also is essential and requires compliance officers to have excellent analytical, project-management, communication and organizational skills. Compliance officers should possess knowledge of compliance standards and policies, audit techniques, regulatory issues, operations, and procedures as they relate to the organization. Candidates need a minimum of three years of experience in regulatory compliance. A bachelor’s degree in accounting, business, finance or a related field is required, and an MBA or certification such as the CPA is preferred.

Typical compliance officer duties:

Developing, implementing and managing an organization’s corporate-wide compliance with internal policies and government regulationsAssessing financial risk and developing preventive measures to address potential issuesProviding regular reports on the effectiveness of preventive measuresAdvising company executives regarding potential changes in compliance programCoordinating with federal and state regulatorsCreating and coordinating proper reporting channels for compliance issuesWriting and disseminating company compliance communicationCoordinating and scheduling required compliance training for employees

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AML - Anti Money Laundering
ATS - Asynchronous Transfer Mode
Compliance Functions
Law Regulation
Management System
Salary for Compliance Officer Corporate Accounting in Norfolk, VA
86688 - 123500
25th percentile
New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties
50th percentile
Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role
75th percentile
Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Compliance Director – Corporate Accounting 120413 147250 175513 Compliance Analyst – Corporate Accounting 67925 84313 98325

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