Skills & Competencies for Top Compliance Executive

Top Compliance Executive job profile

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JOB SUMMARY for Top Compliance Executive

Provides leadership and direction for an organization's compliance programs, policies, reporting, and practices.

JOB RESPONSIBILITIES for Top Compliance Executive

Ensures that all activities follow regulatory requirements related to the governance of the organization as well as any industry-specific or location-specific laws. Oversees internal controls and auditing systems that monitor and report on regulated activities and processes. Develops risk-based compliance testing of existing procedures and controls to identify, detect, and correct noncompliance. Evaluates and implements changes to compliance processes due to new or amended regulations. Establishes communication and training initiatives that inform stakeholders about compliance requirements.

Top Compliance Executive SALARY RANGE

BASE 50%
$247,766
TOTAL 50%
$296,436
Job Level
M05
Job Code
EX05000162
Education/Degree
Bachelor's Degree
Reports To
Top Management

Top Compliance Executive 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 Top Compliance Executive skill and competencie below to view definitions.
JOB FAMILY COMPETENCIES CORE COMPETENCIES
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2 general skills or competencies (Job family competencies) for Top Compliance Executive

1 Job Family Competencies – Training Management
Proficiency Level -3
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)
Documents the processes and procedures used in training programs for our organization.
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Level 2 Behaviors
(Light Experience)
Participates in various career development programs to improve professional knowledge, capabilities, and skillsets.
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Level 3 Behaviors
(Moderate Experience)
Evaluates the quality of training delivered to identify weaknesses and areas for improvement.
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Level 4 Behaviors
(Extensive Experience)
Optimizes the training management system to maximize learning throughout our organization.
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Level 5 Behaviors
(Mastery)
Leads the adoption of multiple learning systems to training strategy.
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2 Job Family Competencies – Compliance Monitoring
Proficiency Level -3
Skill definition-Ensuring that the staff is following all policies and procedures in our business.
Level 1 Behaviors
(General Familiarity)
Documents the processes used in developing and implementing compliance monitoring plans.
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Level 2 Behaviors
(Light Experience)
Collects data and submits required reports necessary for workforce compliance and monitoring.
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Level 3 Behaviors
(Moderate Experience)
Maintains monitoring systems to ensure compliance with established regulations and policies.
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Level 4 Behaviors
(Extensive Experience)
Leads in the analysis of potential risks faced across your entire organization.
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Level 5 Behaviors
(Mastery)
Develops overall monitoring plans to identify compliance risks immediately.
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3 Top Compliance Executive - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Top Compliance Executive
Proficiency Level - 4
5 Competency for - Top Compliance Executive
Proficiency Level - 5

10 soft skills or competencies (core competencies) for Top Compliance Executive

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)
Documents the best practices and resources used in process improvement.
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Level 2 Behaviors
(Light Experience)
Looks for alternative ways to eliminate redundancy and uncertainties in processes.
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Level 3 Behaviors
(Moderate Experience)
Implements strategic changes to existing processes to make our business more efficient or profitable.
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Level 4 Behaviors
(Extensive Experience)
Delivers organization-wide solutions to address complex problems affecting process improvement.
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Level 5 Behaviors
(Mastery)
Champions digital solutions to remove inefficiencies and replicate best practices toward improvement.
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2 Core Competencies – Risk Management
Proficiency Level -4
Skill definition-The identification, evaluation, and prioritization of various risks, followed by controlling practices to minimize any adverse impact.
Level 1 Behaviors
(General Familiarity)
Lists the common types of risks in a business environment.
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Level 2 Behaviors
(Light Experience)
Conducts regular risk reviews of our business value streams and reports results to management.
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Level 3 Behaviors
(Moderate Experience)
Partners with risk owners to drive risk mitigation by highlighting areas in need of remediation.
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Level 4 Behaviors
(Extensive Experience)
Evaluates the performance of the current risk management framework; suggests enhancements and alternative solutions.
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Level 5 Behaviors
(Mastery)
Establishes policies, procedures, and best practices to guide the risk management activities.
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3 Top Compliance Executive - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Top Compliance Executive
Proficiency Level - 4
5 Competency for - Top Compliance Executive
Proficiency Level - 5

Summary of Top Compliance Executive skills and competencies

There are 0 hard skills for Top Compliance Executive.
2 general skills for Top Compliance Executive, Training Management, Compliance Monitoring.
10 soft skills for Top Compliance Executive, Process Improvement, Risk Management, Driving Results, etc.
While the list totals 12 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 Top Compliance Executive, he or she needs to be skilled in Process Improvement, be skilled in Risk Management, and be skilled in Driving Results.

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