In the early 90s, I worked for what was then a law firm in Chicago. We dealt with a lot of the same types of clients, and I was always a bit of aghast at the way they handled their paperwork. I didn’t know it at the time, but I would soon be dealing with the same type of clients, and it was a wake-up call of the ways in which bureaucracy can take over our lives.
The problem is that compliance people are often the ones who don’t really know how to handle paperwork. As the saying goes, you are what you eat. Compliance people have been taught to be lawyers and politicians, and they often have a tendency towards the latter. Compliance people who have been trained to handle paperwork, by people they have been told to trust, end up doing work that is not really compliant, and not the quality or the amount of work that they have been trained to do.
My favorite example of this is an incident that happened last year at a corporate meeting. The vice president of a large corporation approached a compliance manager and asked, “what is the best way to solve the billing problem?” Now, the company manager had only been on the job for a few weeks. But he had been told to do a lot of paperwork, and he was the VP of the company.
This is a real problem in most large companies, where the staff are underpaid. When the VP asked the compliance manager what he had been told to do, he replied, “Oh, we have a compliance team and we have to do it all ourselves. It doesn’t matter what we say. We have to do it, or else we can’t sell the product.
The problem that compliance analysts face is that their own compensation is often too low compared to the company’s total billable hours. They are often working on things like compliance reports, which are written up by other staff, and not billing them. When the company’s VP of accounting makes a call, the compliance analyst must sign off on the whole thing.
The compliance analyst’s job is to make sure things are done the right way. This is often in the form of a formal document, and the more compliance analysts make sure that the company follows the rules, the more likely it is that their compensation will be higher than it should be. So, too, the more that compliance analysts know about the company, the more likely they are to be compensated on a competitive basis, and the more likely that the company will be successful.
What’s compliance? Compliance means being in alignment with one’s boss. Compliance analysts have the job to make sure that everyone’s not acting in an unprofessional manner. It’s in compliance with the law and with regulations. The goal of this job is to make sure that all employees are doing their jobs correctly. This job is very different from compliance because compliance analysts are not looking for a higher wage. They aren’t looking for a higher salary. They want to do their job just like everyone else.
Compliance is not about being a good employee or the best, it is about being in alignment with one’s boss. If you are not, you are not helping the company. A compliance analyst is not a security guard. They are looking to make sure that the company’s laws are being followed. If you are in a position to make a mistake, you need to know how to right it.
A compliance analyst is not a security guard. They are looking to make sure that the companys laws are being followed. If you are in a position to make a mistake, you need to know how to right it.
Compliance analysts are not a security guard. They are looking to make sure that the companys laws are being followed. If you are in a position to make a mistake, you need to know how to right it.