Compliance and Regulatory Affairs Director

Career Guide
The Compliance and Regulatory Affairs Director is responsible for ensuring that an organization adheres to legal standards and in-house policies. They oversee all compliance and regulatory procedures, manage relationships with regulatory bodies, and provide guidance on risk management and compliance issues.

Key Responsibilities

  • Develop and implement company policies and procedures to ensure compliance with regulatory requirements.
  • Monitor and report on regulatory developments, and assess their impact on the organization.
  • Conduct regular risk assessments and compliance audits.
  • Serve as the primary point of contact for regulatory bodies and facilitate inspections or audits.
  • Provide training and guidance to staff on compliance regulations and standards.

Top Skills for Success

Regulatory knowledge
Risk management
Analytical thinking
Leadership
Communication

Career Progression

Can Lead To
Chief Compliance Officer
Vice President of Compliance
Transition Opportunities
Chief Risk Officer
General Counsel

Common Skill Gaps

Often Missing Skills
Technical understanding of emerging regulationsAdvanced data analysis
Development SuggestionsConsider taking courses in regulatory technology (RegTech) and data analytics to enhance technical competencies.

Salary & Demand

Median Salary Range
Entry Level$90,000 - $110,000
Mid Level$110,000 - $150,000
Senior Level$150,000 - $200,000
Growth Trend
The demand for Compliance and Regulatory Affairs Directors is expected to grow as regulatory requirements become more complex and organizations seek to mitigate risk.

Companies Hiring

Major Employers
Johnson & JohnsonPfizerAmazon
Industry Sectors
PharmaceuticalsFinancial ServicesTechnology

Recommended Next Steps

1
Gain certifications such as Certified Regulatory Compliance Manager (CRCM) or Certified Compliance and Ethics Professional (CCEP).
2
Network with industry professionals by joining associations such as the Regulatory Affairs Professionals Society (RAPS).

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