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Regulatory & risk

Compliance Officer

Paid to be the person who says no early rather than expensively later.

Typical pay

$70k-$140k

How you get in

Degree plus industry-specific compliance certification

Outlook

Strong; among the more reliable business functions

Compliance officers ensure organizations follow laws and regulations. It is a growth field driven by regulatory expansion, and the work is documentation-heavy with real personal accountability in regulated industries.

A day in the life

  1. 8:30aReview regulatory updates and assess impact
  2. 9:30aAudit a business process against policy
  3. 11:30aInvestigate a reported issue
  4. 1:00pLunch
  5. 2:00pDeliver compliance training to a department
  6. 4:00pWrite the monitoring report for the board committee

How to get in

Industry role into compliance

Duration

2-5 years

Cost

$1,000-$6,000

Credential

CCEP, CAMS or an industry-specific certification

  1. Work in banking, healthcare, insurance or another regulated field
  2. Learn the regulations that actually govern your function
  3. Get a compliance certification appropriate to your industry
  4. Move into the compliance department with operational credibility

Audit or legal into compliance

Duration

2-4 years

Cost

$0-$6,000

Credential

Compliance certification

  1. Start in internal audit, risk or as a paralegal
  2. You already understand controls, evidence and regulation
  3. Add a compliance certification
  4. A very common and well-worn transition

Anti-money laundering specialization

Duration

1-3 years

Cost

$1,500-$4,000

Credential

CAMS certification

  1. Enter financial services in operations or fraud investigation
  2. Get CAMS certified, the recognized AML credential
  3. Work in transaction monitoring and investigations
  4. One of the most consistently in-demand compliance specialties

What people love

  • · Growing steadily with regulatory complexity
  • · Strong pay, especially in finance and healthcare
  • · Recession-resistant — regulation does not pause
  • · Remote-friendly in many industries

What wears people down

  • · Seen internally as an obstacle
  • · Personal liability in some regulated roles
  • · Heavy documentation and evidence work
  • · Pressure from business leaders to approve things

From people doing it

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