How To Become A Compliance Manager: Degree and Education Requirements

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what degree do you need to become a Compliance Manager
majors for Compliance Managers

Compliance Managers

Other names for this job might include BSA Officer, BSA/AML Compliance Officer, Business Practices Supervisor, Chief Compliance Officer, Compliance Analyst, Compliance Coordinator, Compliance Director, Compliance Engineer-Products, Compliance Manager, Compliance Officer


  • $111230
    Salary
  • 75%
    Job satisfaction
  • Quite Hard
    Becoming one
  • Low
    Job growth
OwlGuru Rank

A



Be A Compliance Manager: What You Really Need


In this requirements guide for Compliance Managers, you will find out what do you need to become a Compliance Manager and what it takes to become one.

After reading this, you will be able to plan for your future if you want to be a Compliance Manager.



Degree required

Recommended degree level

Bachelor’s Degree

Bachelors degree
65.76%

Master’s degree
13.52%

Post-bachelor certificate
9.46%

PhD
7.95%

Certificate
2.34%

Generally, employers are looking for Compliance Managers who have a Bachelors degree. They also prefer someone who is good in Reading Comprehension and Critical Thinking.

1 common question that we always get is what major or degree do I need to become A Compliance Manager or what courses do I need to take.

We did a survey to ask other Compliance Managers what did they major in college or university and here are the most popular majors that came up.

Natural Resource Recreation and Tourism
Digital Communication and Media/Multimedia
Information Technology Project Management
Library and Information Science
Archives/Archival Administration

The majority of Compliance Managers typically enter the occupation with a Bachelor’s Degree in Political science, psychology, business administration or a related field.



Schools

schools for Compliance Managers

Interested in becoming A Compliance Manager? Find the right schools that can help you to become one. You will need some of your details to get you matched with the right college or university. This service is free thanks to our sponsors.

Questions to ask the university or college:

  1. How many students are in the program?
  2. Is your program accredited?
  3. How many faculty members do you have? Do they hold the right credentials?
  4. What is your job placement rate?
  5. Does your school hold career fairs or other on-campus events with employers? How many employers typically attend?
  6. How many of your students have at least one internship by graduation?

Click to start becoming a Compliance Manager




How long does it take

Difficulty
Quite Hard

You will need a considerable amount of work-related skill, knowledge or experience to be A Compliance Manager.

For example: An accountant must complete 4 years of college and work for several years in accounting to be considered qualified.

To become A Compliance Manager, you will need several years of work-related experience, on-the-job training or vocational training.


How long does it take
4 to 6 1/2 years


Work experience
4 to 6 years

4 to 6 years
48.12%

8 to 10 years
21.51%

6 to 8 years
18.4%

2 to 4 years
4.9%

1 to 2 years
3.54%

Job training
3 to 6 months

3 to 6 months
25.81%

No training
18.4%

0 to 1 month
17.2%

1 to 2 years
14.16%

4 to 10 years
8.11%

Most Compliance Managers have 4 to 6 years work experience and 3 to 6 months job training.

To increase your chances of getting a job, you can look for job training while studying to be one.



License and certifications

Do you need any license or certification




Skills required

We asked other Compliance Managers if they could only have 5 skills, what would they be. Here is what they said.

1. Reading Comprehension what does this mean
2.Critical Thinking what does this mean
3.Active Listening what does this mean
4.Monitoring what does this mean
5.Writing what does this mean
= Hot in-demand that most employers are looking for

We did some research and found that most successful Compliance Managers have these 5 common characteristics. Most of them had Persistence and Attention to Detail.

1.Persistence
2.Attention to Detail
3.Dependability
4.Integrity
5.Analytical Thinking




Knowledge required

Just like any other job, you will need some know-hows to do the job. To become a successful Compliance Managers you need to acquire knowledge in these 5 key areas.

1. English Language what does this mean
2.Law and Government what does this mean
3.Customer and Personal Service what does this mean
4.Administration and Management what does this mean
5.Computers and Electronics what does this mean

As A Compliance Manager, you may also be required to know how to use certain Compliance software, Compliance software and Document management software tools.

80-20 Software Leaders4 (Compliance software)
Actimize Brokerage Compliance Solutions (Compliance software)
Adobe Systems Adobe Acrobat software (Document management software)
Agiliance Compliance Manager (Compliance software)
Aline GRC (Compliance software)
= Hot in-demand that most employers are looking for




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Career type

Management
Green New & Emerging
Governmental and Regulatory Administration
Management

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Job Description
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Is This Right For Me

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Related to Compliance Managers Requirements

Compliance Managers requirements, how to become Compliance Managers, degree required to be a Compliance Manager, Compliance Managers license and certifications, majors to be a Compliance Manager, is it hard to become a Compliance Manager and how long does it take

Additional resources

http://www.bls.gov/oes/current/oes131041.htm

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Compliance Managers
Written by: Stanley Tan
Compliance Managers plan, direct, or coordinate activities of an organization to ensure compliance with ethical or regulatory standards.
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