Most Important Interpersonal Skills Required of a Compliance Officer Research Paper

Most Important Interpersonal Skills Required of a Compliance Officer - Research Paper ExampleIn some jurisdiction, complains officers can perform consultative roles such as advising and supporting business transactions as well as some other functions performed by the firm. The accord officer has the responsibility of overseeing all meekness activities and has substantial authority in an organization (Heller, Murphy and Meaney 20-24). Moreover, compliance officers have direct access to senior persons in an organization such as the company president and chief executive officers. In addition, compliance officers atomic number 18 required to operate independently without the influence of other persons in an organization. Therefore, compliance officers have critical roles to play in enhancing successful performance of a firm. In order for compliance officers to be effective in their duties there are certain interpersonal skill they are required to possess. This paper focuses on the mo st important interpersonal skills required of a compliance officer, which include negotiation skills, communication skills, investigative/analytical skills, qualifications, and confidence.Having appropriate negotiation skillsis important in several jobs including being a compliance officer. Compliance officers are often involved in making company policies are thus required to be able to negotiate with other department heads they may be working with. Moreover, compliance officers often negotiate with regulators such as external auditors on the measures that firms are required to take in order to satisfy the suffice regulatory requirements. Moreover, when disputes regarding compliance arise in a company, the compliance officers are required to settle the disputes (Heller, Murphy and Meaney 105-109 Safian 28-31). Some compliance officers are accorded great decree and are required to negotiate with powerful stakeholders such as important political figures or producers in a firm such a s fiscal