Compliance professionals are responsible for ensuring that companies comply with all applicable laws, guidelines and internal regulations. They develop and implement compliance programs, train employees and conduct audits to identify and minimize risks and violations. Compliance managers work closely with various departments to ensure that company policies are adhered to and are often the first to respond to regulatory changes.
The average annual salary for compliance jobs in Munich is 85,000 €.
Salaries vary between 55,000 € and 76,905 € per year, depending on position and experience.
To work in compliance, a university degree is usually required, often in law, business administration or related subjects. Many companies prefer experience in the industry or additional certifications such as Certified Compliance & Ethics Professional (CCEP) or similar qualifications that demonstrate specific knowledge in the compliance field.
Compliance professionals have a variety of career opportunities, ranging from entry-level positions such as compliance analysts to senior positions such as compliance directors. As they gain experience, they can specialize in specific areas such as risk management, data protection or financial regulation to further advance their career.