Gain insight into the essential qualifications, important duties, key responsibilities, and vital skills that form a well-rounded Compliance Auditor job description.
What does a Compliance Auditor do?
A compliance auditor is a person who makes sure that companies follow all the rules and regulations set by the government, professional organizations, and the company itself. They work in different industries like accounting, insurance, finance, and IT.
Job Description
We are looking for a detail-oriented compliance auditor to join our team. Your job will be to protect the company's assets, make sure we follow our own rules, and follow all the legal regulations.
To be a good compliance auditor, you should pay attention to details, be good at analyzing information, and be able to do multiple things at once. You should also be objective and know a lot about our industry.
Job Duties and Responsibilities
- Manage and train the auditing team.
- Create plans for audits based on research from government agencies and professional organizations.
- Conduct internal and external audits.
- Review company programs and activities to make sure they follow industry regulations.
- Suggest changes to fix any practices that don't follow regulations.
- Analyze potential risks and make sure we follow all the rules to avoid problems.
- Track any reported violations and how the company responds to them.
- Update compliance records regularly.
- Write reports about audit results and share them with supervisors and department heads.
- Attend training and professional development programs to improve your knowledge and help our compliance department.
Requirements and Qualifications
- Bachelor's degree in the relevant industry.
- Completed training for a specific industry certification, like a certified internal auditor.
- At least 5 years of experience in auditing.
- Good understanding of industry rules and regulations.
- Great attention to detail, analytical skills, and knowledge of statistics.
- Computer skills and experience with relevant software.
- Good communication and multitasking abilities.
- Objective and fair approach to work.
Compliance Auditor Salary
The earning potential of a Compliance Auditor can vary significantly based on factors such as geographic location, industry, professional experience, educational background, and the specific employer. On average, the annual salary for an Compliance Auditor in the United States is approximately $58150.