Compliance models are a fundamental part of organizations with charges, but few companies are committed to it. only the 10% of Spanish companies count with one legal liability system and 45% of the companies are unaware of the legal consequences that should result in the long run for not having a compliance officer among its workforce, according to data provided by Grant Thornton.
The corporate compliance began to gain more importance with the introduction in Spain of the criminal liability of the legal person. From this moment, many entrepreneurs began to design protocols for compliance, integrating the entire set of procedures and good practices that organizations should adopt to identify and classify the risks they face.
According to Deloitte, one of the current challenges of compliance is to adapt technology, which plays a relevant role “as a tool to enhance efficiency in compliance management in companies”. The compliance officer, In addition to technology, this 2022 faces challenges such as the development of prevention protocols or complete knowledge of the regulations to prevent companies from committing crimes.
Deloitte adds that 78% of companies of more than 5,000 employees has a profile compliance. In addition, different human resources agencies or schools such as Deusto Formación have warned of the importance of this profile. According to Deusto Training, “The compliance officer is a profile on the rise in Spain”. The salary of a compliance officer It ranges between 80,000 and 120,000 euros per year, although this figure can be lowered in cases compliance officers less qualified, according to the 2020 Labor Market Guide prepared by Hays.
compliance officers
Today, there are many possibilities to train in compliance. At Deusto Training, they have made available to those who wish to do so, the possibility of taking a Higher Compliance Course, with which students will be able to “achieve the necessary skills and knowledge on ethics and corporate responsibility to comply with the regulatory framework”.
Among the objectives of the course, some stand out such as “knowing the different regulatory areas that operate within the business activity” or “provide the future compliance officer with useful and effective resources for the development of their activity”‘.
According to Deusto Training, “Surveillance and control as well as prevention and the design of protocols are crucial elements when it comes to ensuring that company regulations are complied with”. For this reason, it is necessary to train professionals who know how to carry out their work and adapt to the new challenges that it presents.
