FAQ: Risk and Compliance Careers

What is Risk and Compliance, and why is it important?
Risk and compliance is one of the fastest-growing areas in the finance sector. It is a crucial field that ensures businesses follow industry regulations, internal policies, and market trends.
What does a Compliance Officer do?
A Compliance Officer ensures that a company adheres to external regulatory requirements and internal policies. Their primary role is to keep the business compliant with laws, regulations, and best practices while staying updated on market trends.
What skills are needed to become a Compliance Officer?
To succeed in this field, you should have:
  • Strong problem-solving skills
  • The ability to analyze and interpret information quickly
  • A keen interest in financial services
  • Project management skills
What are the educational pathways to becoming a Compliance Officer?
You can pursue:
  • A Diploma/Higher Diploma in Accounting (NQF level 6)
  • A BTech in Accounting and Finance
  • A Bachelor of Accounting degree
How do I become a certified Compliance Practitioner?
After completing your studies, you can take additional courses with the Compliance Institute of Southern Africa to be recognized as a Compliance Practitioner.