Compliance Manager Interview Questions & Answers
Compliance Manager's job scope may vary depending on the company and industry. In general, they are responsible for conducting periodic internal reviews or company audits to ensure that the firm is compliant with laws, rules and regulations.
Whether you're a job seeker preparing to be interviewed for the role of Compliance Manager or
an employer preparing to interview candidates for Compliance Manager position,
these Compliance Manager interview questions will help you prepare yourself for the job interview session.
Compliance Manager Interview Questions
Below are a list of some skill-based Compliance Manager interview questions.
- What’s your compliance training experience?
- How do you create an effective compliance program?
- In your experience, what five important factors should an effective compliance program have?
- Compliance managers have to ensure the rules are followed. How do you handle situations with the employee when you have to tell them that they are violating rules?
- What’s your experience reporting to regulatory bodies?
- Describe a procedure you’ve implemented for reporting violations.
- Have you ever dealt with a C-suite executive who didn’t agree with your compliance program/policies? What happened?
- What happens when someone violates company policy?
- Do you have a specific procedure you follow when someone violates a section of the company policy?
- If someone directly or indirectly asked you to overlook a violation of company policy, what would you do?
- What compliance risks would you advise our company to deal with?
- Which are the most common compliance issues you’ve faced?
- What are the most difficult compliance or ethics issues you’ve dealt with? What happened?
- How do you create/implement an internal control system?
- How do you protect a whistleblower?
- Can you give an example of a procedure you developed to help employees safely report company violations?
- Considering our line of business, what compliance risks would you advise us to deal with?
- What do you do when you notice that there is a new compliance requirement that needs to be implemented?
- Describe a time you avoided litigation by introducing a new compliance initiative.
- Describe a time you were involved in an official investigation.
- While performing a site evaluation, you notice that the supervisor is behaving aggressively. How do you respond?
- Our compliance manager will have to work with people in other departments. Can you give examples in which you had to work with people outside of your department in order to solve a problem?
- Have you ever had to deal with difficulties from your subordinates? What happened?
- Have you ever conducted compliance training for your team members? Describe your process for this.
- What do you see as your greatest challenge being a compliance manager? How do you deal with it when it arises?
- Compliance rules are always changing. What do you do to stay informed of developments in your professional area?
Compliance Manager Interview Questions and Answers
Every interview is different and the questions may vary.
However, there are lots of general questions that get asked at every interview.
Below are some common questions you'd expect during Compliance Manager interviews. Click on each question to see how to answer them.
- Why Do You Want To Leave Your Current Job?
- What is Your Greatest Strength?
- Tell Me About Yourself
- Why Do You Want This Job?
- Are You a Leader or a Follower?
- What Is Your Greatest Accomplishment?
- What is Your Salary Expectation?
- Do You Have Any Questions for Us?
- Why Should We Hire You?
- What is Your Greatest Weakness?