Skills & Competencies for Regulatory Auditing Manager

Regulatory Auditing Manager job profile

JOB SUMMARY for Regulatory Auditing Manager

Manages an organization's auditing strategy and activities for regulatory compliance.

JOB RESPONSIBILITIES for Regulatory Auditing Manager

Develops and implements internal controls, best practices, and strategies to identify process deficiencies and implement improvements. Prepares for and participates in external regulatory inspections and internal audits. Ensures that all required regulatory reporting meets content and scheduling requirements. Incorporates document reviews, protocol reviews, validation reviews, and training programs as part of auditing processes. Maintains an up-to-date and in-depth knowledge base of the financial regulations, required processes, and industry/regulatory agency standards that govern a business or a product.

Regulatory Auditing Manager SALARY RANGE

BASE 50%
$136,494
TOTAL 50%
$150,858
Job Level
M02
Job Code
FA06000777
Education/Degree
Bachelor's Degree
Reports To
Head of a Unit/Department

Regulatory Auditing Manager Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each Regulatory Auditing Manager skill and competencie below to view definitions.

1 general skill or competency (Job family competency) for Regulatory Auditing Manager

1 Job Family Competencies – Training Management
Proficiency Level -2
Skill definition-Administrating, creating, documentation, tracking, and reporting training programs to drive improvements to the performance and productivity of employees.
Level 1 Behaviors
(General Familiarity)
Lists the basic functions and features of the training management.
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Level 2 Behaviors
(Light Experience)
Uses training management software in tracking and documenting training records of employees.
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Level 3 Behaviors
(Moderate Experience)
Works with departmental management in creating training plans.
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Level 4 Behaviors
(Extensive Experience)
Recommends enhancements on existing training programs to improve employee engagement, learning, and retention.
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Level 5 Behaviors
(Mastery)
Stays abreast of the latest training developments to ensure materials and programs are accurate and effective.
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3 Regulatory Auditing Manager - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Regulatory Auditing Manager
Proficiency Level - 4
5 Competency for - Regulatory Auditing Manager
Proficiency Level - 5

7 soft skills or competencies (core competencies) for Regulatory Auditing Manager

1 Core Competencies – Process Improvement
Proficiency Level -4
Skill definition-Analyzing and improving existing processes and workflows to minimize process errors and streamline organizational efficiency.
Level 1 Behaviors
(General Familiarity)
Lists most common tools used for process improvement.
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Level 2 Behaviors
(Light Experience)
Uses metrics to track the effectiveness of process improvement initiatives.
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Level 3 Behaviors
(Moderate Experience)
Utilizes tools in explaining process improvement to allow teams to clearly understand the objectives.
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Level 4 Behaviors
(Extensive Experience)
Presents challenges and offers solutions to overcome barriers for improvements.
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Level 5 Behaviors
(Mastery)
Leads transformational change to restructure business processes and achieve organizational excellence.
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2 Core Competencies – Coordination
Proficiency Level -3
Skill definition-Ability to plan, execute, and adjust job duties to achieve business goals.
Level 1 Behaviors
(General Familiarity)
Lists tools and applications used for planning job duties.
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Level 2 Behaviors
(Light Experience)
Works with teammates on shared goals to ensure efficiency and productivity.
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Level 3 Behaviors
(Moderate Experience)
Monitors project progress and regularly leads a discussion on operational inefficiencies.
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Level 4 Behaviors
(Extensive Experience)
Leads a team in coordinating internal and external resources effectively.
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Level 5 Behaviors
(Mastery)
Serves as the coordination expert to provide valuable advice as needed to different levels of our business.
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3 Regulatory Auditing Manager - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Regulatory Auditing Manager
Proficiency Level - 4
5 Competency for - Regulatory Auditing Manager
Proficiency Level - 5

Summary of Regulatory Auditing Manager skills and competencies

There are 0 hard skills for Regulatory Auditing Manager.
1 general skills for Regulatory Auditing Manager, Training Management.
7 soft skills for Regulatory Auditing Manager, Process Improvement, Coordination, Conflict Resolution, etc.
While the list totals 8 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Regulatory Auditing Manager, he or she needs to be skilled in Process Improvement, be skilled in Coordination, and be skilled in Conflict Resolution.

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