Compliance and Risk Advisor

Career Guide

A Compliance and Risk Advisor helps an organization follow laws, regulations, and internal policies while identifying and reducing business risks. They partner with teams across the company to prevent issues, improve controls, and support ethical, safe operations.

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Key Responsibilities

Assess compliance risks across business activities and processes
Monitor changes in laws, regulations, and internal standards
Create and update compliance policies and procedures
Advise teams on risk controls and practical ways to meet requirements
Support audits and examinations by gathering evidence and answering questions
Investigate potential compliance breaches and recommend corrective actions
Deliver compliance training and awareness communications
Track and report compliance metrics and risk indicators to leadership
Manage third party risk by reviewing vendors and partners
Maintain documentation and records for regulatory and internal review

Top Skills for Success

Risk Assessment

Regulatory Research

Policy Writing

Control Testing

Audit Support

Incident Investigation

Stakeholder Management

Clear Writing

Presentation Skills

Attention to Detail

Data Analysis

Ethical Judgment

Financial Services Compliance

Healthcare Compliance

Privacy Compliance

Career Progression

Can Lead To

Senior Compliance and Risk Advisor

Compliance Manager Risk Manager Internal Audit Manager Governance Manager

Transition Opportunities

Chief Compliance Officer

Head of Risk

Enterprise Risk Manager Privacy Officer Information Security Risk Manager

Common Skill Gaps

Often Missing Skills

Regulatory Change ManagementControl DesignThird Party Risk ManagementRoot Cause AnalysisCompliance MonitoringRisk ReportingGovernance FrameworksDocumentation Management

Development SuggestionsBuild experience by owning a small compliance program area, creating a control checklist, running a monitoring cycle, and presenting risk findings with clear recommendations. Practice writing concise policies, maintain strong evidence files, and learn how your industry regulators evaluate controls.

Market Intelligence Report

Compliance and Risk Advisor is part of the Compliance category.Explore our market intelligence report to see how AI and hiring demand are shifting for these roles.

See the market intelligence report

Salary & Demand

Median Salary Range

Entry LevelUSD 60,000 to 85,000

Mid LevelUSD 85,000 to 120,000

Senior LevelUSD 120,000 to 170,000

Growth Trend

Demand remains strong as regulation increases, cyber and privacy risks grow, and companies expand third party oversight.

Companies Hiring

Major Employers

JPMorgan ChaseBank of AmericaWells FargoCitigroupGoldman SachsMorgan StanleyUnitedHealth GroupCVS HealthCignaPfizerJohnson and JohnsonAmazonMicrosoftGoogleDeloittePwCEYKPMG

Industry Sectors

BankingInsuranceHealthcarePharmaceuticalsTechnologyPaymentsEnergyTelecommunicationsManufacturingConsultingPublic Sector

Recommended Next Steps

Identify the top regulations and standards that apply to your target industry and summarize their key requirements

Create a sample risk register with risks, controls, owners, and review dates

Strengthen data skills by building a simple risk dashboard with trends and action tracking

Volunteer to support an internal audit, vendor review, or incident investigation to gain hands on evidence skills

Take a recognized compliance or risk certification aligned to your industry

Prepare interview stories that show how you found a risk, assessed impact, and drove a practical fix