Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

Compliance Coordinator Job Description

Job Descriptions November 28, 2013

In the financial industry, there are many regulations in place to ensure that client money is being properly recorded, stored, and used by financial institutions. Most banks employ a compliance coordinator in order to audit the day to day activities of the bank. Coordinators, depending on the size of the bank or branch, may have a number of bank activities to review, or just a single aspect of the bank to review. Either way, compliance coordinators must be adept at gathering, analyzing, and reporting on vast amounts of data, quickly, and without error.

Compliance coordinators spend a great portion of their time gathering relevant data not only within the bank, but also from outside reporting sources. If there is a particular issue with a customer account, for example, information would need to be compiled both from bank sources and from the customer himself. This information is then compiled and analyzed by the compliance coordinator. Coordinators must have the ability to quickly assess data and determine whether or not it meets the bank’s compliance standards. This means that coordinators must have a clear understanding of these standards at all times.

Once a determination is made as to whether or not a particular issue meets compliance standards, the report must be made for a manager, who can then determine the best path forward. Coordinator input is very important when it comes to how banks should handle disputes and internal issues. Only coordinators will have a full understanding of the seriousness of an error or deliberate action, and therefore are uniquely qualified to assess what action should be taken.

Compliance coordinators must also stay apprised of any developments in local or national legislation which may affect how the bank does their business. Though some institutions may require an associate’s or bachelor’s degree, most prefer candidates to have leadership and financial experience over any other kind of qualifications.

The main aspects every compliance coordinator should have is integrity and strict adherence to ethical regulations. Compliance coordinator is currently highly ranked in the Best Business Jobs and 100 Best Jobs categories by U.S.News, because of low unemployment and high salary.

Searching Searching ...

Matching School Ads
5 Program(s) Found
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
5 Program(s) Found
  • Do you have entrepreneurial visions to advance your career in the business world? Learn about the options available at GCU.
  • Earn a competitive bachelor's or master's degree in the areas of business administration, business analytics, accounting, marketing and more.
  • Many of our business degrees have attained elite accreditation from the Accreditation Council for Business Schools & Programs (ACBSP).
  • GCU nurtures the startup spirit, propelling your entrepreneurial visions on a powerful platform with opportunities to help you thrive.
  • Pursue a next-generation education with an online program or join Grand Canyon University's vibrant and growing campus community in beautiful Phoenix, Arizona.
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
4 Program(s) Found
  • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
  • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
  • Offers several flexible learning options, including a blended format that combines campus and online learning.
  • Several scholarship opportunities are available for students who qualify.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Online bachelor's programs include BBA, Criminal Justice, IT, Healthcare Management, Pscyhology & Public Health
  • Over 115 years of delivering quality education and personalized attention to students
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
  • Don't let another year go by without earning your degree!
  • Education Connection is here to help you find the right program—and we do it for FREE.
  • We match you with online, on campus, and hybrid degree programs in your field of interest
  • Take the first step by answering some quick questions about your goals.
  • Get matched to online degree programs today and don’t stay stuck for all of 2018, too!
  • Online Courses
  • Online and ground-based program areas include Fashion Marketing and Management and more.
  • Students can study branding, event management, and public relations to help them prepare for a marketing career
  • Course topics include Fundamentals of Business, Brand Strategy, Project Management, and Principles of Market Research
  • Over 50 locations nationwide, with a student support team dedicated to helping students grow
  • Join our next Open House on 2/15!
Good for Working Adults
  • Flexible Scheduling
  • Financial Aid
  • Campus-based and online business programs include Entertainment Business (BS), Internet Marketing (BS), and Business Intelligence (MS)
  • Students will explore business concepts like marketing, global media management, and business technology and design
  • Courses designed to prepare students for a career in business and Career Development advisors available to all alumni
  • Full Sail offers accelerated programs, so a degree that would normally take four years takes 24 months on average
  • Online Courses

Searching Searching ...

Matching School Ads
5 Program(s) Found
  • Do you have entrepreneurial visions to advance your career in the business world? Learn about the options available at GCU.
  • Earn a competitive bachelor's or master's degree in the areas of business administration, business analytics, accounting, marketing and more.
  • Many of our business degrees have attained elite accreditation from the Accreditation Council for Business Schools & Programs (ACBSP).
  • GCU nurtures the startup spirit, propelling your entrepreneurial visions on a powerful platform with opportunities to help you thrive.
  • Pursue a next-generation education with an online program or join Grand Canyon University's vibrant and growing campus community in beautiful Phoenix, Arizona.
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
4 Program(s) Found
  • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
  • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
  • Offers several flexible learning options, including a blended format that combines campus and online learning.
  • Several scholarship opportunities are available for students who qualify.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Online bachelor's programs include BBA, Criminal Justice, IT, Healthcare Management, Pscyhology & Public Health
  • Over 115 years of delivering quality education and personalized attention to students
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
  • Don't let another year go by without earning your degree!
  • Education Connection is here to help you find the right program—and we do it for FREE.
  • We match you with online, on campus, and hybrid degree programs in your field of interest
  • Take the first step by answering some quick questions about your goals.
  • Get matched to online degree programs today and don’t stay stuck for all of 2018, too!
  • Online Courses

Login to your account

Can't remember your Password ?

Register for this site!