Will “BSA/AML Compliance Officer” be Replaced By Robots? 🤔
Unknown Chance of Automation
Sadly, the research paper did not provide any information about this occupation. Maybe have a look at our directory?
Job Description
Plan, direct, or coordinate activities of an organization to ensure compliance with ethical or regulatory standards.
Job Details
- The SOC (Standard Occupational Classification) code is 11-9199.02
☝️ Information based on the reference occupation “Compliance Managers”.
Also Known As…
- Compliance Managers
- Internal Review and Audit Compliance
- Director, Global Ethics & Compliance and Assistant General Counsel
- Director of Compliance
- Corporate Operations Compliance Manager
- Compliance Review Officer
- Compliance Officer
- Compliance Manager
- Compliance Engineer-Products
- Compliance Coordinator
- Business Practices Supervisor
- Risk Manager
- Research Quality Assurance Specialist
- Research Quality Assurance Analyst
- Research Compliance and HIPPA Privacy Officer and Director of the Research Compliance Program
- Regulatory Compliance Specialist
- Regulatory Compliance Officer
- Regulatory Compliance Director
- Privacy Compliance Manager
- Manager, Quality Management, Corporate Compliance
- Legal Compliance Officer
- IRB Compliance Coordinator
- Head of Ethics and Compliance
- Financial Compliance Officer
- Ethics Officer
- Ethics Manager
- Director, Office of Human Subjects Protection
- Credit Compliance Officer
- Corporate Ethics Officer
- Corporate Compliance Officer
- Corporate Compliance Director
- Compliance Specialist
- Compliance Director
- Compliance Analyst
- Chief Compliance Officer
- BSA Officer
- Audit Manager
Tasks for “BSA/AML Compliance Officer”
- Verify that software technology is in place to adequately provide oversight and monitoring in all required areas.
- Discuss emerging compliance issues with management or employees.
- Advise internal management or business partners on the implementation or operation of compliance programs.
- Oversee internal reporting systems such as corporate compliance hotlines and inform employees about these systems.
- Serve as a confidential point of contact for employees to communicate with management, seek clarification on issues or dilemmas, or report irregularities.
- Conduct periodic internal reviews or audits to ensure that compliance procedures are followed.
- Review or modify policies or operating guidelines to comply with changes to environmental standards or regulations.
- Keep informed regarding pending industry changes, trends, and best practices and assess the potential impact of these changes on organizational processes.
- Identify compliance issues that require follow-up or investigation.
- Maintain documentation of compliance activities, such as complaints received or investigation outcomes.
- Provide assistance to internal or external auditors in compliance reviews.
- Collaborate with human resources departments to ensure the implementation of consistent disciplinary action strategies in cases of compliance standard violations.
- Provide employee training on compliance related topics, policies, or procedures.
- Report violations of compliance or regulatory standards to duly authorized enforcement agencies as appropriate or required.
- Prepare management reports regarding compliance operations and progress.
- Direct the development or implementation of compliance-related policies and procedures throughout an organization.
- Conduct or direct the internal investigation of compliance issues.
- Consult with corporate attorneys as necessary to address difficult legal compliance issues.
- Verify that all firm and regulatory policies and procedures have been documented, implemented, and communicated.
- 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.
- Monitor compliance systems to ensure their effectiveness.
- File appropriate compliance reports with regulatory agencies.
- Review communications such as securities sales advertising to ensure there are no violations of standards or regulations.
- Evaluate testing procedures to meet the specifications of environmental monitoring programs.
- Conduct environmental audits to ensure adherence to environmental standards.
- Disseminate written policies and procedures related to compliance activities.
- Assess product, compliance, or operational risks and develop risk management strategies.
- Advise technical professionals on the development or use of environmental compliance or reporting tools.
- Design or implement improvements in communication, monitoring, or enforcement of compliance standards.
- Develop or implement environmental compliance plans for programs, such as air quality, storm water, wastewater treatment, hazardous waste management, pollution prevention, or solid waste management.
Related Technology & Tools
- Multi-line telephone systems
- Photocopying equipment
- Computer laser printers
- Personal computers
- Laptop computers
- Desktop computers
- Laser facsimile machines
- Mozilla Firefox
- MetricStream Compliance Management
- LexisNexis
- StataCorp Stata
- BWise Compliance Management
- SAP BEx Report Designer
- Microsoft Excel
- Modulo Risk Manager
- Scheduling software
- 80-20 Software Leaders4
- Microsoft SharePoint
- Human resource information system HRIS
- EtQ FDA cGxP Compliance Software for Life Sciences
- Microsoft Internet Explorer
- LRN Ethics and Compliance Alliance
- Sword Achiever Compliance Portal Dashboard
- Axentis Compliance Management
- Cura Software Solutions Cura for Compliance Management
- Thomson Reuters Paisley Enterprise GRC
- Adobe Systems Adobe Acrobat
- Tax accounting software
- QUMAS Compliance Solution
- Web browser software
- EtQ Environmental Health and Safety Software
- Compliance11 Supervisory Suite
- Oracle Enterprise Governance, Risk, and Compliance Manager
- FRSGlobal RegPro
- MyComplianceOffice Compliance Operations Management System
- BPS Compliance
- policyIQ
- Apple Safari
- Compliance 360
- Microsoft Word
- Microsoft Windows
- Word processing software
- Fidessa Compliance Manager
- Oracle Insurance Compliance Tracker
- Spreadsheet software
- Microsoft Office
- Guideline Risk Technologies RUBI
- Microsoft Visio
- Protiviti Governance Portal
- ARC Logics Sword
- Microsoft Outlook
- DoubleCheck GRC&T Platform
- The Garland Group RiskKey
- AssurX CATSWeb
- Archer Compliance Management
- MasterControl TotalPharma
- ComplianceBridge Total Compliance
- CMO Compliance Regulatory Compliance Solution
- RVR Systems Compliance
- Audit2 AdaptiveGRC
- Database management software
- MetricStream Enterprise Compliance Platform
- Agiliance Compliance Manager
- Governance, risk, and compliance GRC software
- Keane SCORE
- Email software
- MediRegs ComplyTrack
- ControlCase Compliance Manager
- Microsoft Project
- Resolve Legislative Compliance Management
- Microsoft PowerPoint
- Data analysis software
- Horwath Software Magique
- Aline GRC
- Actimize Brokerage Compliance Solutions
- Neohapsis Certus GRC
- MasterControl MD
- MetricStream Regulatory Reporting
- Desktop publishing software
- IBM Notes
- Methodware ERA
- Healthcare common procedure coding system HCPCS
- AssurX Financial Services Compliance Management System
- Microsoft Access