Compliance Manager Jobs in South Elgin, IL

A Compliance Manager in the banking industry is responsible for ensuring that the bank's operations and business transactions follow all relevant legal and internal rules. They scrutinize the bank's conduct, identify potential areas of compliance risk and vulnerability, and implement corrective action plans. They also develop, initiate, maintain, and revise policies and procedures for the general operation of the compliance program. Hence, they play a crucial role in safeguarding the bank's reputation by ensuring it adheres to laws and regulations, professional standards, and accepted business practices.

Important skills for a Compliance Manager include attention to detail, analytical thinking, excellent communication, and problem-solving skills. They should have a solid understanding of compliance laws and regulations, and an ability to interpret legislation and legal documents. Desirable certifications include Certified Regulatory Compliance Manager (CRCM), Certified Anti-Money Laundering Specialist (CAMS), and Certified Compliance & Ethics Professional (CCEP). Potential job roles leading to a Compliance Manager position could be Compliance Analyst, Compliance Officer or Compliance Auditor.

1-3 of 3 Jobs

Compliance Officer - Program Management (Marketing and Governance)

Rosemont, IL (21 miles from South Elgin, IL)
19 hours ago

Rosemont, IL (21 miles from South Elgin, IL)
19 hours ago

Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market...

Compliance Officer - Fair and Responsible Banking

Rosemont, IL (21 miles from South Elgin, IL)
21 days ago

Rosemont, IL (21 miles from South Elgin, IL)
21 days ago

Regulatory Compliance Coordinator

Lincolnshire, IL (24 miles from South Elgin, IL)
28 days ago

Lincolnshire, IL (24 miles from South Elgin, IL)
28 days ago

at Kubota Engine America in Lincolnshire, Illinois, United States Job Description To view full details and how to apply, please login or create a Job Seeker account

View all jobs

Demographic Data for South Elgin, IL

Moving to South Elgin, IL? Find some basic demographic data about South Elgin, IL below.

Median Age

Average Household Income

Home Value vs Household Income in South Elgin, IL

Local

National

Total Population

24,361

Number of Businesses

590

City Size

Medium

Compliance Manager Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.

Construction Ethics and Compliance

Some of the largest construction firms in the world have faced the prospect of multi-million fines for significant breaches of ethics and compliance recently from bribery and collusion to modern...

Cannabis Compliance, Testing, and Research

Identify legal operations in the cannabis industry and investigate how research and development can advance cannabis science. Learn compliance and testing methods related to analytical chemistry...

VITARA - Compliance Risk Management

This self-paced course provides fundamental knowledge on modern Compliance Risk Management (CRM) good practices. The strategic goal of CRM is to steadily increase the level of voluntary compliance...

Salary for Compliance Manager Jobs in South Elgin, IL

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Highest Education Level

Compliance Managers in South Elgin, IL offer the following education background

Bachelor's Degree

44.0%

Master's Degree

25.8%

High School or GED

9.1%

Associate's Degree

7.7%

Vocational Degree or Certification

5.7%

Doctorate Degree

5.5%

Some College

1.9%

Some High School

0.3%

Average Work Experience

Here's a breakdown of the number of years' experience offered by Compliance Managers in South Elgin, IL

2-4 years

42.6%

4-6 years

18.4%

None

13.4%

1-2 years

9.8%

8-10 years

5.0%

10+ years

4.9%

6-8 years

4.6%

Less than 1 year

1.3%

Qualifications / Skill Sets

The following top skills are often required or desired to land a Compliance Manager position

In-Demand skills () are the most popular among employers according to the current jobs in our database. Last updated today!

Other Career Titles

Here are some other career titles that require similar skills

Compliance Manager Related Career Advice Articles

How to Decide Between Investment Banking and Commercial Banking

Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.

Read article »