RAW Compliance
  • Home
  • About Us
    • Meet the Team >
      • Team RAW >
        • Oonagh van den Berg
      • Board of Advisors >
        • Dean Curtis
        • Peter Stride J.P.
        • Viktor Mirovic
      • RAW Steering Committee
    • RAW ESG Commitment
    • RAW Whistleblower Support
    • RAW Industry Collaboration
    • RAW Industry Recognition
    • RAW In the Press
  • Membership
    • Individual Membership
    • Corporate Sponsorship
    • Supporting job seekers in the pandemic
  • RAW Webinars
    • Webinar Recordings
    • RAW Webinar Registration
  • RAW Training Hub
    • RAW Training Hub
    • E-Learning Certified Training
    • RAW Masterclass Series
    • RAW Certifications and Diplomas >
      • Crypto Regulation and Financial Crime Compliance Certification (CRFCC)
    • In-House Bespoke Training
    • All Courses
  • Log In
  • RAW Networking Events
    • Industry Round Tables >
      • Regulatory Compliance Roundtable
      • Fintech and Crypto Compliance Roundtable
      • Culture, Conduct and Ethics Roundtable
      • Financial Crime Roundtable
    • RAW Book Club
    • The RAW Compliance Blog
  • RAW Conferences
  • RAW Mentor-Mentee Programme
  • RAW Recruit
  • RAW Tech Showcase
  • RAW Awards
    • RAW 2021 Awards >
      • RAW Compliance Awards 2021 Winners
    • RAW Influencer Awards
  • Podcast - The Compliance Word
  • RAW Thought Leadership
  • RAW Newsletter
  • Industry Groups
  • Discussion Forum
  • Contact Us

The Skill Sets of a Compliance Officer

What does it take to be a Compliance Officer? That is the 50 million dollar question....

Within compliance the scope of Roles and Responsibilities are increasingly diverse. The types of roles and technical skill sets have grown beyond anything we could have imagined, even 5-10 years ago.

Traditionally we had the Compliance Officer who had been side moved from a legal, accounting or audit roles to cover the role for regulatory purposes as a necessary tick box. Job Descriptions stated the same old: "legal experience" and, "understanding of regulations".

Compliance originally sat under legal, but then began to emerge in its own right as a department following increased regulatory and enforcement focus.

With that evolution the expected competencies of the compliance officer developed, for example:
  • To be a front office advisory officer, you need a strong understanding of the products and services coupled with regulation application – not just local, but in the many jurisdictions you operate. Understanding cross border requirements are becoming ever more prevalent. In addition you need incredibly good interpersonal skill sets – communication is king.
  • To be a competent AML compliance officer you need to be tracking the constantly evolving regulatory and enforcement landscape and typologies. You need to understand products, how they are used, distribution channels, and then identifying black spots which money launderers might use if you want your controls to be proactive and not reactive. You also need to be able to translate your thinking to be understood by many different people and departments across the business.
  • Data Analysts have to be able to review large fragmented data with more than one source of the truth without corrupting the information.
  • Senior Management/CCO: you are being a public spokesperson for compliance. You are the face of compliance. Having strong project management capabilities is key, as well as needing communication, leadership and mentoring skill sets.
  • Research compliance is in very limited timeframes - understanding restricted list and watchlist requirements, reading through the language used in the research, understanding when there is a need to review the analysts model, then where needed, asking for and understanding how that has been scoped and created. This requires key attention to detail and understanding what is happening in the public versus private arenas.

Now we are seeing that the need for regulatory understanding or even products for certain roles isn't even required.

But yet we still hear of candidates being rejected for compliance roles because of a lack of experience in compliance.

This webinar focused on:
  • The need for a broad range of skill sets in compliance
  • What are the core skill sets for being a compliance officer
  • The importance of healthy challenge in innovation
  • The absolute necessity for soft skills
For information on training materials and enquires please email info@rawcompliance.com

Moderator

Picture
Oonagh van den Berg
Founder of RAW Compliance & Managing Director at Virtual Risk Solutions

Speakers

Picture
Antony Baker
Recruitment Specialist
Picture
Julia Chin
Managing Consultant at JFourth Solutions
Picture
Nur Fazlim M. Mohamed Kunju
Head of Compliance at Axiata Digital 

Partners

Picture

    We'd love your feedback
    Please provide feedback to help us improve the webinars and enhance content

Submit
Each one of us can make a difference - but together we can make change happen! ​

​Raw Compliance

Home
About Us
Meet the Team
RAW ESG Commitment
​RAW Whistleblower Support
RAW Industry Collaboration
RAW Industry Recognition
​The RAW Newsletter
​RAW in the Press
​Privacy

RAW Training Hub

RAW Webinars
​RAW Training HUB
E-Learning Certified Training
RAW Masterclass Series
RAW Certifications & Diplomas
In-House Bespoke Training
​All Courses
Community

Membership
​
RAW Networking Events
Industry Round Tables
​
​RAW Book Club
​RAW Conferences

​​Mentor-Mentee Programme
​
RAW Recruit
RAW Tech Showcase
RAW Awards
The Compliance Word Podcast
​
RAW Thought Leadership

Industry Groups
​Discussion Forum
Contact Us
​​

+351 913 990 615
info@rawcompliance.com

Wherever You Are In The World - We are there!
We are Virtual
Never Miss Our Updates, Follow Us On
RAW Compliance is a Registered Trademark (TM). ​Copyright ©️ RAW Compliance 2022. All Rights Reserved.
​Company Registration no. 2977172 
  • Home
  • About Us
    • Meet the Team >
      • Team RAW >
        • Oonagh van den Berg
      • Board of Advisors >
        • Dean Curtis
        • Peter Stride J.P.
        • Viktor Mirovic
      • RAW Steering Committee
    • RAW ESG Commitment
    • RAW Whistleblower Support
    • RAW Industry Collaboration
    • RAW Industry Recognition
    • RAW In the Press
  • Membership
    • Individual Membership
    • Corporate Sponsorship
    • Supporting job seekers in the pandemic
  • RAW Webinars
    • Webinar Recordings
    • RAW Webinar Registration
  • RAW Training Hub
    • RAW Training Hub
    • E-Learning Certified Training
    • RAW Masterclass Series
    • RAW Certifications and Diplomas >
      • Crypto Regulation and Financial Crime Compliance Certification (CRFCC)
    • In-House Bespoke Training
    • All Courses
  • Log In
  • RAW Networking Events
    • Industry Round Tables >
      • Regulatory Compliance Roundtable
      • Fintech and Crypto Compliance Roundtable
      • Culture, Conduct and Ethics Roundtable
      • Financial Crime Roundtable
    • RAW Book Club
    • The RAW Compliance Blog
  • RAW Conferences
  • RAW Mentor-Mentee Programme
  • RAW Recruit
  • RAW Tech Showcase
  • RAW Awards
    • RAW 2021 Awards >
      • RAW Compliance Awards 2021 Winners
    • RAW Influencer Awards
  • Podcast - The Compliance Word
  • RAW Thought Leadership
  • RAW Newsletter
  • Industry Groups
  • Discussion Forum
  • Contact Us