With the constant changes in government regulations and company policies, it is important to make sure that they both are on the same page. Moreover, if a company steers away from the regulations of the government, it can stand to face a lot of unwanted troubles. So, the best way to fix this issue is to get a reliable compliance officer.
What is a Compliance Officer in London?
Compliance officers are the ones responsible for ensuring all of the corporate procedures comply with the law and internal standards. In addition, they also actively monitor and drive compliance management to reduce the risk of any violations.
Violation of any type of government regulation can put the company at large risk. This is why compliance officers are so important to companies in the long run.
Avoiding any conflicts of interest is important to keep the integrity of a business at a high level. In order to maintain this integrity, compliance officers provide a link between specialist departments and management. If you are a person looking for a compliance job, compliance recruitment agencies in London are your best option.
Responsibilities of a compliance officer in London
Depending on the active field and the organization that you are interested in, the responsibilities of compliance jobs in London can change drastically. Here are some of the common responsibilities of a compliance officer.
- Keeping up to date with the current laws and regulations in the UK.
- Monitoring all operational processes and ensuring that the company complies with legal and ethical standards.
- Doing research and analysis to manage the information flow.
- Doing regular risk assessments
- Investigating irregularities
- Acts as a link between department heads and senior management.
- Training and educating staff about the laws, ethics, and regulations.
Salary of a compliance officer
The compliance officer is a job role that involves heavily with various risks. In addition, compliance officers also must possess high integrity, communication, and management skills. As a result, they tend to get paid more for the work that they put in. Also, as with any other field, the more experience you have, the more money you can earn as your salary.
With all that in mind, let’s look at the average salaries of common compliance jobs in London
- Trainee compliance officers – about €20 000
- Compliance officers – about €50 000
- Senior compliance officers – about €70 000
- For chief compliance officers – about €90 000
How to become a compliance officer in London?
To become a compliance officer, you must possess a certain skill set, like high integrity, a strong moral backbone, and good problem-solving skills. Besides that, like with any other field, education in the related field will become important. Certificates to prove your qualifications will also play a large role.
If you have the education and the experience to become a compliance officer, all that is left is to find an opening for you with the help of a compliance recruitment agency in London.
Where to find compliance officer jobs in London?
Finding the most fitting compliance jobs in London for you can be a tricky task. Different people have their strong points, and finding the best openings available is best left to experts. However, you can also search on job boards, network, or do thorough research to find vacancies. But the best way is to look for a reliable compliance recruitment agency in London.
We here at CLARC Recruitment are a specialized compliance recruitment agency in the UK with a staff full of experts in the field. If you are in need of professional Compliance Recruitment services, contact us and reach your dream job faster.