What Does a Compliance Officer Do?


Quick Answer

The U.S. Bureau of Labor Statistics defines the duties of a compliance officer as examining, evaluating and investigating the conformity of a company's actions with rules and regulations related to contract compliance and licensing adhesion. The job category excludes several related job categories such as tax collectors, transportation security screeners, agricultural inspectors and building inspectors.

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Full Answer

According to DegreeTree, most compliance officer positions require at minimum a bachelor's degree. The specific field of study for this degree varies depending on the specific industry involved. A degree in criminal justice is advantageous for a compliance officer position, due to its emphasis on law and ethics.

Figures released by the Bureau of Labor Statistics for 2013 indicate that the average yearly salary for a compliance officer is $66,770. At $93,100, the agricultural chemical manufacturing industry has the highest average salary for this position,

U.S. News and World Report ranks the job satisfaction of compliance officers as being above average in terms of upward mobility, but only average when it comes to flexibility in scheduling. The Wall Street Journal reports that stress levels for compliance officers are high relative to other executive positions. It cites a 2012 survey finding that 60 percent of compliance executives considered leaving the field due to stress-related issues.

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