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

1
Pursue certifications such as Certified Compliance & Ethics Professional (CCEP) or Certified Risk Manager (CRM).
2
Engage in networking events and professional groups related to compliance and risk management to stay informed about industry trends.

Explore More Roles

Browse our comprehensive database of roles and find your perfect match.