Compliance Auditor job description template
If you are hiring for this role, start here. This free template is our detailed definition of the position, with everything you need to find and hire the right person. Copy it, add your own requirements, and post it.
What is a Compliance Auditor?
Compliance Auditors evaluate the company’s activities and procedures to ensure compliance with relevant and applicable industry laws, regulations, and internal policies.
They conduct, manage, and supervise auditing activities, delegate tasks to audit team members, evaluate their performance, and provide daily guidance and assistance.
Compliance Auditors also identify areas and procedures that are not compliant and implement the necessary changes.
They analyze potential risks to avoid compliance issues, resolve operational and financial problems, and prepare and present reports on internal and external audits.
The top Compliance Auditor skills.
Five things separate a strong hire from a résumé that reads well. Use these as your scorecard criteria.
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Copy it as written, or edit it until it sounds like your company. Both work.
We are hiring an experienced Compliance Auditor for our company. In this position, you will be conducting, managing, and supervising the company’s auditing activities and reviewing business activities to ensure compliance with relevant laws, regulations, and internal policies. You will identify non-compliant procedures, implement the necessary changes, and analyze and evaluate potential risks to avoid additional compliance issues.
You will also be responsible for identifying and resolving operational and financial issues and establishing and implementing overall auditing plans. You will gather and organize resources for internal and external audits, prepare reports on the auditing results, and present findings to stakeholders and department heads. Ultimately, you will delegate tasks to audit team members, monitor and evaluate their performance, and provide training and guidance to new hires.
You should have outstanding analytical, leadership, problem-solving, communication, and attention to detail for this position.
Duties and responsibilities
- Conduct, manage, and supervise the company’s auditing activities
- Delegate tasks to audit team members and monitor their performance
- Investigate and review the company’s business activities to ensure compliance with relevant laws, regulations, internal policies, and standards
- Identify procedures that are not compliant with industry regulations and implement the necessary changes
- Analyze and evaluate potential risks with the company’s policies to avoid additional compliance issues
- Identify and resolve operational and financial problems
- Gather and organize resources for internal and external audits
- Prepare accurate reports on the results of internal and external audits and present findings to stakeholders and department heads
- Establish and implement overall compliance auditing plans
- Provide procedural guidance and assistance to team members and new hires
Requirements
- Bachelor’s degree in accounting, economics, finance, or a similar industry
- Previous working experience in auditing
- Industry-specific certification is preferred
- In-depth knowledge of the applicable industry laws, regulations, and standards
- Familiarity with accounting software and MS Office, especially Excel
- Outstanding communication and leadership skills
- Exceptional analytical and problem-solving abilities
- Attention to detail
- Organization
Take the template with you
Copy it straight into your job board or ATS, or have it emailed to you with the interview questions for this role.
Degree first, then the certification.
The majority of employers seek a candidate with a Bachelor’s degree in finance, accounting, economics, or a related industry.
Huge advantages include previous working experience in auditing, risk management, and compliance.
Certification programs for Compliance Auditors are designed to ensure candidates acquire a good understanding of business operations, relevant laws and regulations, and auditing techniques.
Common certifications available for Compliance Auditors are Certified Regulatory Compliance Manager (CRCM) and Certified Compliance and Ethics Professional (CCEP).
Certified Regulatory Compliance Manager
Demonstrates expertise in regulatory compliance management.
American Bankers AssociationCertified Compliance and Ethics Professional
Indicates proficiency in compliance and ethics program management.
Society of Corporate Compliance and EthicsSample interview questions for a Compliance Auditor.
Once you have gathered the applications, work through these in order. Twelve questions across four areas, enough to tell your shortlist apart.
- What words would describe you the best?
- Why did you decide to become a Compliance Auditor?
- What do you enjoy doing when you’re not working?
- Do you think your formal education prepared you well enough for this position?
- Is there a specific reason you left your previous job?
- What qualifications make you more appropriate for this job than other candidates?
- How do you stay updated on the latest changes in industry-specific laws and regulations?
- What was the most challenging audit you conducted and what obstacles did you have to overcome?
- How do you ensure your actions are ethical and consistent with the company’s values?
- What is your process of developing and implementing compliance policies and procedures for the company?
- What resources do you use to assess the effectiveness of the company’s compliance policies and standards?
- Do you have any experience with conducting internal investigations?
How much to pay when hiring.
Annual pay by percentile. Where you land depends on the size of the cycle they will own, and the 25th percentile is usually where a first analyst hire sits.
Hourly equivalents run from $11 at the 10th percentile to $43 at the 90th.
Candidates may apply under a different name.
Post the title your industry uses and keep the rest of the description. These three roles overlap enough that the same posting usually reaches all of them.
Three titles, one description.
Search behavior varies by industry, so the same job is advertised under several names. If you are unsure which one your candidates search for, run two titles and see which fills.
Compliance Officer
Compliance Officers are responsible for ensuring the company operated in compliance with local, state, and federal regulatory requirements and laws.
$97,347 medianFrequently asked questions.
What do Compliance Auditors do?
Compliance Auditors are responsible for conducting, managing, and supervising auditing activities in their company.
They gather and analyze resources to investigate business operations to ensure compliance with the relevant laws, regulations, internal policies, and standards.
Where do Compliance Auditors work?
Compliance Auditors can work in various industries, such as finance, banking, healthcare, consulting, manufacturing, technology, etc.
Who do Compliance Auditors report to?
Compliance Auditors typically report to the Chief Compliance Officer (CCO).
In some cases, they can report directly to the CEO or board of directors.
What skills are necessary for Compliance Auditors?
Compliance Auditors must have excellent communication, leadership, attention to detail, analytical, and problem-solving skills.
Other job description templates.
Same format, same free, same median pay data. Browse the full library if the role you are hiring for is not here.
Compliance Officer
Compliance Officers are responsible for ensuring the company operated in compliance with local, state, and federal regulatory requirements and laws.
$97,347 median