Director Compliance Monitoring and Testing Salary in Bonham, TX

Senior Manager Compliance Monitoring and Testing - Average Salary $159,517

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Compliance Director - Average Salary $184,524

Compliance Director directs an organization's compliance programs, policies, reporting, and practices. Ensures that all activities follow regulatory requirements related to the governance of the organization as well as any industry-specific or location-specific laws. Being a Compliance Director 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. Additionally, Compliance Director evaluates and implements changes to compliance processes due to new or amended regulations. Establishes communication and training initiatives that inform stakeholders about compliance requirements. Requires a bachelor's degree. Typically reports to top management. The Compliance Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Compliance Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.

Compliance Monitoring Manager - Average Salary $127,885

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Compliance Monitoring Officer - Average Salary $53,797

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Product Monitoring Manager - Average Salary $132,270

The Product Monitoring Manager oversees and reviews investigation findings to ensure the appropriate risk classification is assigned and ensures compliance with regulatory agencies. Manages the team that handles the intake, triage, investigation, and reporting of product complaints. Being a Product Monitoring Manager performs data analysis on complaint trends to proactively detect signals and provide solutions. Analyzes data and reviews recommendations and solutions based on the investigation's findings. In addition, Product Monitoring Manager maintains and monitors systems to ensure that all product complaint investigations received are appropriately investigated and concluded per the organization's complaint handling procedure. Requires a bachelor's degree. Typically reports to a director. The Product Monitoring Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Working as a Product Monitoring Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes.