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What the hell is a compliance officer?

I've been approached with having an interview with a company for a compliance officer, but the thing is, I'm not totally sure what the job entails. Looking around on the web hasn't really told me much, as it seems to be as vague a position as a business analyst.

Anyone? Shed some light on this? Anyone?
 

pr0nstar

TRIBE Member
Well in the Competition Bureau of my Department, they inspect things, businesses, etc... make sure they're complying.

Sounds really funny, but the truth.

Like that flea markets are selling 10K gold and not 9K gold.
And that the Tommy Shirt is really a Tommy shirt, etc...

pr0nstar :D
 

aki

TRIBE Promoter
At the company I work for, an investment firm, the complaince officers make sure we are complying with all rules and regulations.
They monitor all activity, and investigate trades that may look suspicious.

They bother us a lot with trivial things. And we have to spend time explaining why we did certain things to please them.

They check all new accounts opened to make sure everything was done properly and everything complies with policy and procedure.
 

mcbee

TRIBE Member
compliance in my industry (fashion) involves making sure all our vendors are following our rules and following up when they don't. it also involves alot to do with trademark laws and industry regulations (labeling act, metal stamping, blah blah blah)
:)sarah
 

mingster

TRIBE Member
pretty much how it sounds. a compliance officer ensures compliance to the rules & regulations within a company.
 

IgStar

TRIBE Member
Originally posted by mcbee
compliance in my industry (fashion) involves making sure all our vendors are following our rules and following up when they don't. it also involves alot to do with trademark laws and industry regulations (labeling act, metal stamping, blah blah blah)
:)sarah
same with the bank
 

Chris

Well-Known TRIBEr
Originally posted by el presidente Highsteppa
You've got to be kidding me.

It's a Quality Analyst role?
PM me James I have a Job Description here for a Compliance Officer here, Investment Industry.
 

Chris

Well-Known TRIBEr
LMAO

good one!

BASTARDS :)

James you were over here, think making sure eveything is okay with the IDA, MFDA, on all aspects of the business. That is if its investments.

Check your PM I sent you some crap from a job that was sent out not to long ago here, it might be helpful.
 
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