We all love those people who keep us safe and free from trouble. Sometimes we do not agree with their ways, but we always appreciate their concern and care. Well, from a business point of view, that person is the Senior Compliance Analyst.
A Senior Compliance Analyst is in charge of evaluating whether the company or organization's practices comply with all federal and state laws, thus ensuring that no regulations are violated, avoiding legal issues.
The individuals occupying this position must be inveterate leaders since they must constantly check out the regulations to which the company is subjected and their constant updates and must have many communication and problem-solving skills since they must deal with the legal, human resources, and finance departments.
You may think that to fill this position, you must have a law degree. Well, not necessarily, remember that the idea is to avoid problems. If you fail that task and the company are involved in legal inconveniences, it is time to call the lawyer.
However, studies in company management, accounting, or business are welcome and also some years of experience as an auditor look good on your CV. If you qualify for this position, you will earn about $75,000 a year. That is not bad at all.
There is more than meets the eye when it comes to being a senior compliance analyst. For example, did you know that they make an average of $38.65 an hour? That's $80,385 a year!
When it comes to the most important skills required to be a senior compliance analyst, we found that a lot of resumes listed 17.9% of senior compliance analysts included procedures, while 10.9% of resumes included regulatory agencies, and 6.5% of resumes included ensure compliance. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the senior compliance analyst job title. But what industry to start with? Most senior compliance analysts actually find jobs in the finance and technology industries.
If you're interested in becoming a senior compliance analyst, one of the first things to consider is how much education you need. We've determined that 63.3% of senior compliance analysts have a bachelor's degree. In terms of higher education levels, we found that 12.9% of senior compliance analysts have master's degrees. Even though most senior compliance analysts 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 senior compliance analyst. When we researched the most common majors for a senior compliance analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on senior compliance analyst resumes include associate degree degrees or doctoral degree degrees.
You may find that experience in other jobs will help you become a senior compliance analyst. In fact, many senior compliance analyst jobs require experience in a role such as compliance analyst. Meanwhile, many senior compliance analysts also have previous career experience in roles such as analyst or compliance specialist.