Compliance Manager
On this page
- What's it like to be a Compliance Manager?
- How to become a Compliance Manager
- Latest Compliance Manager jobs
- Top skills and experience for Compliance Managers
What's it like to be a Compliance Manager?
A Compliance Manager plays an essential role in upholding legal and ethical standards within organisations. Their primary function involves developing, implementing and overseeing compliance programs that follow industry or workplace standards. These programs can help reduce financial, environmental and social risks. Compliance Managers specialise in various sectors, such as finance, healthcare and technology. Working closely with various departments, they ensure policies and procedures meet laws while adhering to regulatory guidelines.
Tasks and duties
- Developing and implementing compliance policies, procedures and programs that align to standards and regulations.
- Conducting audits and assessments to identify compliance gaps and potential risks.
- Educating employees on regulations and ethical practices through training and effective communication.
- Collaborating with legal teams to interpret local laws and regulations accurately.
- Reporting and escalating compliance issues to management or relevant regulatory bodies.
- Monitoring changes in Singapore's regulatory framework and adjusting compliance strategies accordingly.
How to become a Compliance Manager
To pursue a career as a Compliance Manager in Singapore, you typically need a combination of education and industry experience.
Complete a bachelor degree in a relevant discipline such as law, business or finance.
Gain experience in relevant roles. You could start in entry-level roles as a Compliance Analyst or Compliance Officer to build your knowledge of regulatory requirements and organisational processes.
Consider earning certifications such as Certified Regulatory Compliance Manager (CRCM) or Certified Compliance Professional (CCP) to demonstrate your expertise in compliance management.
Consider career advancement opportunities. Compliance Managers who wish to advance in their careers can move onto more senior positions such as Chief Compliance Officer, or specialise in areas such as anti-money laundering or data privacy compliance.
