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Automation Risk Analysis

Will “Risk Manager” be Automated?

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AI Exposure Risk

57%

“Risk Manager” will maybe be replaced by AI.

Based on the cognitive demands, communication requirements, and logical reasoning intrinsic to this occupation according to O*NET data, we project a 57% probability of disruption by generative AI and Large Language Models.

Automation & Robot Risk

30%

“Risk Manager” will probably not be replaced by robots.

Evaluating the physical dexterity, repetitive motion tasks, and manual labor associated with this role, our analysis indicates a 30% likelihood of substitution by advanced robotics systems.

Personal & Financial Insights

Every occupation has a unique profile. For Compliance Managers, the Bureau of Labor Statistics and O*NET classify the day-to-day work broadly as: Plan, direct, or coordinate activities of an organization to ensure compliance with ethical or regulatory standards.

Job Title & Hierarchy Code (SOC) Compliance Managers #11-9199.02
ℹ️

Data is based on the reference occupation: “Compliance Managers”

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Core Skills & Abilities

  • File appropriate compliance reports with regulatory agencies.

  • Direct the development or implementation of policies and procedures related to compliance throughout an organization.

  • Verify that all regulatory policies and procedures have been documented, implemented, and communicated.

  • Report violations of compliance or regulatory standards to duly authorized enforcement agencies as appropriate or required.

  • Review communications such as securities sales advertising to ensure there are no violations of standards or regulations.

  • Develop risk management strategies based on assessment of product, compliance, or operational risks.

  • Design or implement improvements in communication, monitoring, or enforcement of compliance standards.

  • Advise technical professionals on the development or use of environmental compliance or reporting tools.

  • Monitor compliance systems to ensure their effectiveness.

  • Conduct environmental audits to ensure adherence to environmental standards.

  • Discuss emerging compliance issues to ensure that management and employees are informed about compliance reporting systems, policies, and practices.

  • Oversee internal reporting systems, such as corporate compliance hotlines.

  • Consult with corporate attorneys as necessary to address difficult legal compliance issues.

  • Serve as a confidential point of contact for employees to communicate with management, seek clarification on issues or dilemmas, or report irregularities.

  • Conduct or direct the internal investigation of compliance issues.

  • Prepare management reports regarding compliance operations and progress.

  • Advise internal management or business partners on the implementation or operation of compliance programs.

  • Collaborate with human resources departments to ensure the implementation of consistent disciplinary action strategies in cases of compliance standard violations.

  • Disseminate written policies and procedures related to compliance activities.

  • Verify that software technology is in place to adequately provide oversight and monitoring in all required areas.

  • Review or modify policies or operating guidelines to comply with changes to environmental standards or regulations.

  • Maintain documentation of compliance activities, such as complaints received or investigation outcomes.

  • Identify compliance issues that require follow-up or investigation.

  • Provide employee training on compliance related topics, policies, or procedures.

  • Keep informed regarding pending industry changes, trends, or best practices.

  • Evaluate testing procedures to meet the specifications of environmental monitoring programs.

  • Direct environmental programs, such as air or water compliance, aboveground or underground storage tanks, spill prevention or control, hazardous waste or materials management, solid waste recycling, medical waste management, indoor air quality, integrated pest management, employee training, or disaster preparedness.

  • Provide assistance to internal or external auditors in compliance reviews.

  • Conduct periodic internal reviews or audits to ensure that compliance procedures are followed.

Technologies & Software

  • Thomson Reuters Paisley Enterprise GRC
  • Sword Achiever Compliance Portal Dashboard
  • RVR Systems Compliance
  • Scheduling software
  • Guideline Risk Technologies RUBI
  • Microsoft Excel
  • Tax software
  • The Garland Group RiskKey
  • MediRegs ComplyTrack
  • Data analysis software
  • Microsoft Access
  • EtQ Environmental Health and Safety Software
  • Cura Software Solutions Cura for Compliance Management
  • Aline GRC
  • Governance, risk, and compliance GRC software
  • Napkin AI
  • Gemini (Google)
  • Email software
  • Modulo Risk Manager
  • DoubleCheck GRC&T Platform
  • Keane SCORE
  • FRSGlobal RegPro
  • Spreadsheet software
  • QUMAS quality management solution software
  • MasterControl MD
  • AssurX CATSWeb
  • Resolve Legislative Compliance Management
  • Perplexity AI
  • Gemini for Workspace
  • Oracle Enterprise Governance, Risk, and Compliance Manager
  • Audit2 AdaptiveGRC
  • Microsoft Office software
  • ControlCase Compliance Manager
  • Fireflies.ai
  • Apple Safari
  • MyComplianceOffice Compliance Operations Management System
  • Horwath Software Magique
  • EtQ FDA cGxP Compliance Software for Life Sciences
  • Microsoft SharePoint
  • SAP BEx Report Designer
  • Adobe Acrobat
  • Compliance11 Supervisory Suite
  • MetricStream Enterprise Compliance Platform
  • Microsoft Windows
  • Otter.ai
  • Axentis Compliance Management
  • Microsoft Project
  • Database management software
  • policyIQ
  • Tax accounting software
  • Agiliance Compliance Manager
  • AssurX Financial Services Compliance Management System
  • 80-20 Software Leaders4
  • Microsoft PowerPoint
  • Fidessa Compliance Manager
  • CMO Compliance Regulatory Compliance Solution
  • Claude (Anthropic)
  • Microsoft Word
  • MetricStream Compliance Management
  • Web browser software
  • Notion AI
  • Neohapsis Certus GRC
  • IBM Notes
  • Grok (xAI)
  • LRN Ethics and Compliance Alliance
  • Word processing software
  • Mistral (Mistral AI)
  • BPS Compliance
  • Archer Compliance Management
  • Oracle Insurance Compliance Tracker
  • Kimi (Moonshot AI)
  • Microsoft Outlook
  • Microsoft Visio
  • Qwen (Alibaba)
  • BWise Compliance Management
  • Microsoft Copilot
  • StataCorp Stata
  • Nova (Amazon)
  • Methodware ERA
  • Healthcare common procedure coding system HCPCS
  • DeepSeek
  • Microsoft Internet Explorer
  • Llama (Meta)
  • ComplianceBridge Total Compliance
  • Motion (AI Scheduler)
  • LexisNexis
  • MetricStream Regulatory Reporting
  • ARC Logics Sword
  • Actimize Brokerage Compliance Solutions
  • Protiviti Governance Portal
  • Desktop publishing software
  • Compliance 360
  • ChatGPT (OpenAI)
  • Human resource information system (HRIS)
  • Mozilla Firefox
  • MasterControl TotalPharma
  • Laptop computers
  • Personal computers
  • Photocopying equipment
  • Computer laser printers
  • Laser facsimile machines
  • Desktop computers
  • Multi-line telephone systems