The duties of a compliance analyst include finding and compiling information about regulations, getting approval for changes, making reports based on the information about regulations found, helping the company continue to meet standards and working to fix issues that arise. A compliance analyst needs to have strong research, math and communication skills as well as a thorough understanding of legal compliance and auditing.
The regulations the analyst deals with depends on the industry of the company. For example, a compliance analyst in a bank would deal with financial regulations. Working in the compliance field generally requires a bachelor's degree in a subject such as law or business, and additional licensure may be required, particularly for those in finance.