Compliance and Risk Analyst

Career Guide

A Compliance and Risk Analyst is responsible for evaluating and ensuring that an organization adheres to legal standards and in-house policies. They identify and manage risks that could potentially harm the organization and ensure that the company's operations are conducted in compliance with regulatory requirements.

Key Responsibilities

Conduct risk assessments and compliance audits
Develop and implement risk management strategies
Monitor and report on compliance with regulatory requirements
Prepare and review compliance documentation and reports
Collaborate with departments to ensure risk management and compliance practices are integrated into their processes

Top Skills for Success

Analytical Thinking

Regulatory Knowledge

Attention to Detail

Risk Management

Communication Skills

Career Progression

Can Lead To

Compliance Manager

Risk Manager

Transition Opportunities

Audit Manager

Fraud Analyst

Common Skill Gaps

Often Missing Skills

Advanced Data AnalysisRegulatory Change Management

Development SuggestionsConsider enrolling in workshops or courses focused on data analytics and keeping up-to-date with regulatory changes through webinars and industry publications.

Salary & Demand

Median Salary Range

Entry Level$55,000 - $70,000

Mid Level$70,000 - $90,000

Senior Level$90,000 - $120,000

Growth Trend

The demand for Compliance and Risk Analysts is growing steadily as organizations increasingly prioritize regulatory compliance and risk mitigation.

Companies Hiring

Major Employers

JPMorgan ChaseBank of AmericaDeloitte

Industry Sectors

Financial ServicesConsultingHealthcare

Recommended Next Steps

Pursue certifications such as Certified Compliance & Ethics Professional (CCEP) or Certified Risk Manager (CRM).

Engage in networking events and professional groups related to compliance and risk management to stay informed about industry trends.