1. What motivates you to succeed as Compliance Manager?
I actually motivate myself as I believe that I can achieve a lot more provided I a put in the effort and with consistency and time. The thing with me is that I do not like to settle for something I like to challenge myself to learn more.
2. Explain have you ever had difficulty with a supervisor?
Yes, I had a supervisor ask me to change the status on a client on an governmental application for a loan to married filing separately from married filing joint, his reason was by changing the filing status changed the clients adjusted gross income. I felt this was situation where the supervisor wanted me to compromise my integrity and I detailed how the clients adjusted income could only change if client received a raise or a cut in pay that just changing the filing status did not change their adjusted gross income.
3. Do you know who is a compliance officer at an investment bank most responsible to?
What would you do if you sniff out inappropriate behavior on the bank's trading floor, but the very powerful head of trading assures you everything is kosher? “I want to know you have guts of steel to stand up to someone like that, as well as the intelligence and skills to know that there is a very high degree of probability that your suspicions are correct,” Lewis says.
4. Tell me why Should We Hire You as Compliance Manager?
This is your opportunity to sell yourself. Be clear about how your skills, education and experience match the requirements of the job. It is often best to back up specific skills with real-life examples. Remember to prepare a few insightful and thoughtful questions to ask the interviewer. Questions can be about the job, the company or the team you will be working with in the future.
5. Tell me how would you describe (needed compliance manager or your) work style?
My work style matching exactlty what cashier job requires by: being careful about detail and thorough in completing work tasks, persistence in the face of obstacles, being reliable, responsible, and dependable, and fulfilling obligations, being honest and ethical, analyzing information and using logic to address work-related issues and problems.
6. Tell Me What Do You Know About Our Work?
This is a general question and could be asked of any applicant irrespective of the industry. Be prepared to answer it well. As a first step, take the time to research the company at which you are interviewing. Do not miss this opportunity to make a good impression by showing how knowledgeable you are about the company's operations.
7. Explain me what Constitutes an Effective Compliance Program?
Under the United States Sentencing Commission Compliance Recommendations, (§8B2.1(5) (C) of the United States Sentencing Commission Guidelines), an effective compliance program means an organization has taken appropriate steps to ensure laws, rules and regulations are complied with and ethical conduct among employees is promoted. This question tests your knowledge of the requirements of the law governing effective compliance programs.
8. How do you decide what gets top priority when scheduling your time?
Depending on what comes first and the most important to finish in the first place.
9. Explain about Your Experience as a Compliance Officer?
Be prepared to discuss your previous compliance experience. If you do not have previous experience as a compliance officer, perhaps because you are switching careers, discuss transferable skills. Keith Darcy, executive director of the Ethics & Compliance Officers Association says that “the most important skills include leadership, writing, public speaking, ethical decision-making, communications and training and instructional design.” He goes on to say, "compliance officers should also possess a high degree of courage and integrity due to the confidential nature of the job.”
10. Ten years from now, where do you see yourself?
Making decisions that will move this company to a higher level.
