5 Reasons to Start Your Career in Compliance Emily Laffan Broadgate (2024)

​The thought of a career in compliance doesn’t always spark excitement, and its reputation as a dry line of work doesn’t do it any favours.

In reality, the modern compliance role is a rapidly evolving, dynamic, rewarding and highly fulfilling career choice, and it’s home to many of the brightest minds in business.

Is a career in compliance the right way to go? Here are five reasons that might convince you.

1. You Represent Ethical Decision-Making

Anyone, be it business owners, investors, stakeholders, must be held accountable for their decisions. After all, they directly influence the lives of people everywhere.

Compliance jobs exist to make sure this accountability is integrated into the business and upheld at all times. In many ways, compliance experts act as the ethical paragon of the company.

There’s a real chance to make a positive difference to the wider business world through a career in compliance, an opportunity to deliver an impact that benefits a huge number of people, starting with the customer!

2. You Have Security

Regulations don’t really go away, they just evolve, all the time. There will always be a need for compliance jobs, just as there will always be a need to regulate businesses.

At a time when mass layoffs populate each and every headline, job security is a real weight off the shoulders. Moreover, this security can translate to incredible experience and opportunity inside your niche.

3. You Have a Clear Career Path

Unlike many modern jobs, compliance has a fairly straightforward progression path, but that doesn’t mean it has to be linear.

From the graduate level, all the way through to the director of compliance, most businesses have a need for regulatory experts, and that means you have the potential to excel in a wealth of exciting industries.

4. You Have a Chance to Cultivate a Versatile Skillset

Compliance can be an intricate field of work to navigate. It grants people a superb opportunity to develop a versatile (and transferrable) skillset.

Communication, problem-solving, decision-making, leadership, and industry knowledge are all soft skills that will likely gain a huge boost throughout your time as a compliance professional.

5. You Get to Work with People

Understanding compliance means understanding people. A compliance professional gets the opportunity to work with a huge range of individuals, from board members and policymakers, to customers and counterparts, there’s no shortage of network building opportunities.

It’s part of what makes the role so dynamic, and a huge reason people decide to enter the field in the first place.

These are just five of the many great reasons to pursue a career in compliance, but there’s plenty more out there. If it sounds like something that speaks to your career goals, then don’t hesitate to get in touch with the team at Broadgate today.

We specialise in matching our candidates with compliance roles in which we know they can thrive – our people-first approach works, and we’ll continue to make it work on our mission to build diversity, create inclusion, and encourage workplace innovation.

5 Reasons to Start Your Career in Compliance Emily Laffan Broadgate (2024)

FAQs

Why do I want a career in compliance? ›

A career in audit, risk and compliance can be a highly rewarding and fulfilling choice for individuals who have an interest in ensuring that organisations and businesses operate in a responsible, ethical, and compliant manner.

What motivates you to work in compliance? ›

I'm passionate about ensuring that organizations operate ethically and within the law. Compliance allows me to make a positive impact by upholding integrity and protecting both the company and its stakeholders.

Why do I want to be in compliance? ›

You will make a difference

As a compliance professional, your passion for respecting the rules will have a positive impact on the business, its people, and its customers – from protecting an individual from fraud to shielding the business from regulatory action and reputational damage.

Why should I be a compliance officer? ›

There is both an ethical component and a pragmatic component to compliance - a role that is crucial in helping organizations manage risk, maintain a positive reputation, and avoid lawsuits.

What should I say in a compliance interview? ›

Be clear about how your skills, education, and experience match the requirements of the job. It is often best to back up specific skills with real-life examples. Remember to prepare a few insightful and thoughtful questions to ask the interviewer.

What are the benefits of being compliance? ›

Enhanced reputation, reduced risk, improved security, and a competitive edge are just some of the rewards of being compliant. Embracing compliance is not just about meeting regulatory requirements; it's about building a foundation for growth, sustainability, and trust in a rapidly changing business landscape.

What motivated you to apply for this role answer? ›

1) Good answer:

I was excited to see this role posted because it aligns perfectly with my career goals and interests. The job description highlighted a lot of the skills and experiences that I have been developing over the past few years, and I am eager to apply them in a new challenge.

How do you answer what motivates you for this position? ›

Good answers to the question 'what motivates you? '
  1. meeting deadlines, targets or goals.
  2. mentoring and coaching others.
  3. learning new things.
  4. coming up with creative ideas to improve something, or make something new.
  5. analysing complex data in order to draw clear and simple conclusions.
  6. working well as part of a team.
Feb 13, 2024

What are five most important motivations for staff? ›

5 key motivators within the workplace
  • Provide meaningful and challenging work. ...
  • Improve employees' lives. ...
  • Recognition. ...
  • Compensation and benefits. ...
  • Culture.
Sep 23, 2020

How to start a career in compliance? ›

How to get a job in compliance
  1. Earn a bachelor's degree. While there's no exact degree required to work as a compliance professional, earning a bachelor's degree is a common first step. ...
  2. Get professional experience. ...
  3. Get a master's degree. ...
  4. Become certified.
Sep 30, 2022

What is the most important aspect of compliance? ›

A successful compliance program must be built upon a solid foundation of ethical values, otherwise it's just a hollow set of internal rules and regulations. Support from senior management has come to represent this essential ingredient.

What is the purpose of a compliance interview? ›

A DWP compliance interview is a meeting arranged by the Department for Work and Pensions (DWP) to ensure you are receiving the correct benefits and providing accurate information. These interviews can occur for various reasons, such as routine checks or due to a report of a change in your circ*mstances.

What are the strengths of a compliance officer? ›

Compliance officers must have an understanding of the regulatory landscape, industry knowledge, and the ability to assess risks, solve problems, interpret data, and communicate effectively.

What skills do you need to be a compliance officer? ›

Just like many other jobs, compliance managers need good written and verbal communication skills. They also require interpersonal skills such as listening and decision-making to conduct compliance processes effectively. Compliance officers need to reflect on and clarify regulatory topics.

What is the main focus of compliance officer? ›

Compliance officers are responsible for ensuring their organization adheres to government regulations — domestically as well as globally, if applicable — and avoids missteps that could result in hefty fines, legal ramifications and reputation damage.

Why do you want to be a compliance analyst? ›

Importance of compliance professionals

Compliance professionals provide a valuable service to companies by helping them avoid costly fees and legal problems. Regulatory agencies may levy fees and other penalties for violations.

Why should we hire you as a compliance manager? ›

A stellar compliance manager candidate possesses a deep understanding of industry regulations, demonstrates strong ethical judgment, and has the ability to communicate and enforce policies effectively. They should be proactive, detail-oriented, and have a knack for identifying potential risks before they escalate.

Why is it important to study compliance? ›

Compliance training is a major benefit to having a safe workplace. It helps employees know how to handle compliance issues, and why it is important to report them. It also encourages people to speak up about what's going on around them, in order to ensure that the work environment is safe for everyone.

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