According to professionals working in the compliance domain, this field is fun and not boring. If you find this field interesting, you won't mind getting a role as a regulatory compliance officer. The responsibility of a regulatory compliance officer is to make sure that a company complies with its internal bylaws and policies and also with its outside legal and regulatory requirements. Normally, employers hire candidates with a bachelor's degree in management, finance, economics, law, or engineering with relevant knowledge of ethical practices.
However, you will also find many candidates with a bachelor's degree in business or criminal justice who become regulatory compliance officers. By working as a regulatory compliance officer, you can expect to earn $34 an hour and make more than $70,000 per annum. The pay is decent, and you can choose to pursue your career in this field if it is exciting for you.
There is more than meets the eye when it comes to being a regulatory compliance officer. For example, did you know that they make an average of $32.74 an hour? That's $68,102 a year!
When it comes to the most important skills required to be a regulatory compliance officer, we found that a lot of resumes listed 21.9% of regulatory compliance officers included regulatory agencies, while 6.7% of resumes included risk management, and 6.5% of resumes included ensure compliance. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
If you're interested in becoming a regulatory compliance officer, one of the first things to consider is how much education you need. We've determined that 60.2% of regulatory compliance officers have a bachelor's degree. In terms of higher education levels, we found that 15.4% of regulatory compliance officers have master's degrees. Even though most regulatory compliance officers have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a regulatory compliance officer. When we researched the most common majors for a regulatory compliance officer, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on regulatory compliance officer resumes include doctoral degree degrees or associate degree degrees.
You may find that experience in other jobs will help you become a regulatory compliance officer. In fact, many regulatory compliance officer jobs require experience in a role such as paralegal. Meanwhile, many regulatory compliance officers also have previous career experience in roles such as law clerk or internship.