What does a legal and compliance analyst do?

The compliance analyst has a duty to maintain legal and regulatory compliance by researching, analyzing, and communicating regulatory requirements and obtaining the appropriate approvals.

What does a compliance analyst do?

Put simply, compliance analysts help companies remain compliant with regulations, thus preparing them for audits. By figuring out which regulations affect “Company X,” compliance teams can then develop a plan to meet the necessary standards.

Does UBS pay well?

The average of UBS’s 66,888 employees earned a salary of $96k and a bonus of $39k last year. Only 4,130 of the bank’s people earned in excess of $300k in total compensation. There’s an advantage to earning less than $300k at UBS though.

How much do compliance analysts make?

The average compliance analyst salary is $62,437 per year, or $30.02 per hour, in the United States. Those in the lower 10%, such as entry-level positions, only make about $47,000 a year. Meanwhile, the top 10% are sitting pretty with an average salary of $82,000.

How do I become a compliance analyst?

To become a compliance analyst, you need a bachelor’s degree and experience in your chosen field, though some organizations request a master’s degree. While there is no specific degree for this career path, most employers desire degrees relevant to the company’s sector.

Why do you want to work as a compliance analyst?

Much of the purpose of a compliance function is to ensure that customers are treated fairly and with respect. Compliance professionals therefore have a strong sense of ethical responsibility, knowing the work they do contributes to a just, fair and ethical relationship between business and customer.

What skills do you need for compliance analyst?

The six most common skills found on Compliance Analyst resumes in 2020….Most Common Skills For Compliance Analysts.

Rank Compliance Analyst Skill Percentage
1 Procedures 18.2%
2 Regulatory Agencies 10.8%
3 Ensure Compliance 6%
4 Internal Audit 3.8%

What is UBS famous for?

UBS (derived from the Union Bank of Switzerland) is a multinational diversified financial services company headquartered in Zurich and Basel. UBS is involved in virtually all major financial activities, including retail and commercial banking, investment banking, investment management, and wealth management.

What is average salary at UBS?

The average UBS salary ranges from approximately £28,000 per year for an Apprentice to £466,562 per year for a Managing Director. UBS employees rate the overall compensation and benefits package 3.5/5 stars.

What skills are needed for compliance?

Here we will list down essential skills that compliance managers or officers should have to remain successful.

  • Excellent Organizational Skills.
  • Proficient Communication Skills.
  • Effective Problem-solving.
  • Assessment & Interpretation.
  • Critical Thinking Ability.
  • Creativity.
  • Integrity.
  • Strong People Skills.

How much does a compliance analyst make at Goldman Sachs?

Goldman Sachs Compliance Analysts earn $73,000 annually, or $35 per hour, which is 37% higher than the national average for all Compliance Analysts at $50,000 annually and 10% higher than the national salary average for ​all working Americans.

Does compliance pay well?

MD base salaries in compliance, US$ Base pay shoots up significantly at VP level, with the US taking the lead globally and even laggard Singapore offering average salaries of $145k. Compliance professionals at all levels can usually command high salary rises if they move to a new bank.