Find Compliance Administrator jobs - May 2021 | Zoek UK
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158 Compliance Administrator Jobs Found
Compliance administrator jobs involve ensuring a company complies with all required regulatory requirements and internal policies. The risk and compliance industry continues to grow, with it being one of the fastest-growing employment areas in finance. Working as a compliance administrator can be challenging and rewarding, requiring a good eye for detail and a strong character. Many compliance administrator employers in the UK report a skills shortage, helping to create good demand for the right candidates. Keep reading to learn more about compliance administrator jobs, including required skills, expected salaries and career prospects.
Working as a compliance administrator will involve a variety of tasks, and will depend heavily on the sector you are working in. This is because compliance administrator employers can be found in a wide variety of industries, including accountancy, digital & technology, financial services, pharmaceuticals and property. General compliance administrator duties will include:
- Conducting, evaluating and updating risk assessments
- Keeping up to date with all relevant laws and regulations
- Report issues to upper-management as and when they arise
- Educate and train employees on all relevant compliance regulations
- Ensure all compliance issues are fixed in a satisfactory way
In the past, there were no set qualification requirements for compliance administrator jobs. However, as the role has become more important, some employers now require candidates to have a university degree in a relevant subject such as economics or business. However, many people working as a compliance officer do not have degrees and have instead showed abilities in other areas that have made them suited to this role.
There are also some industry-specific qualifications that you can gain offered by the International Compliance Association which will help your application if you do not have a degree. Your skills and previous experience are very important to compliance administrator employers, with most looking for all or some of the following:
- Strong problem-solving abilities and attention to detail
- Ability to analyse and interpret complex information quickly and explain this to others
- An interest and experience in the sector of your prospective employer
- Project management and multi-tasking skills
Compliance administrator jobs offer great career prospects. Firstly, the role is becoming increasingly in demand, creating a steady flow of compliance administrator employers and available jobs. With the role becoming increasingly important, those working as a compliance administrator can find themselves progressing quickly to more senior-level roles.
If you show good abilities, you could find yourself becoming a senior officer in less than five-years, with senior management positions often only requiring around ten-years of experience. From here, other more executive level roles will often be possible. Other career developments can include moving into related areas, such as auditing and cyber security. You may also want to set up on your own and become a freelance consultant.
Regarding salaries, there will be difference depending on what sector you work in. For example, those working in finance are often paid some of the highest compliance administrator wages available. Average starting salaries for compliance administrator jobs can fall anywhere between £18,000 and £35,000. This can rise to up to £75,000 for compliance manager roles, and around £100,000 for senior manager positions.
Compliance administrator jobs can be demanding. You will be expected to be an expert in your field and keep up to date with lots of regulations and rules. Employers can face heavy fines and worse if found guilty of breaking compliance rules and therefore you will be under lots of pressure to ensure this does not happen.
However, the role does have many advantages. Firstly, salaries are generally high, with lot of opportunities to develop your career and earn more. You will be given lots of responsibility and be a valued member of an organisation. You will work with people of every level across a business and get the opportunity to help improve worker health & safety. The compliance industry continues to grow and there are an increasing number of compliance administrator jobs becoming available.