Compliance Analyst Interview Questions and Answers

Updated on: August 29, 2018

All the effort that we put into writing Compliance Analyst cover letters and resumes can be such a waste if we opt out of preparing for the interview.

Do not take the interview process lightly. Prepare for yours by looking through the following set of interview questions and answers:



Compliance Analyst Interview Questions and Answers

What have been your duties while working as a compliance analyst in the past?
I have worked as a compliance analyst for 5 years now. During this time, I have been actively handling a wide variety of duties including determining which compliance category the company falls under, researching the different compliance regulations and procedures that it should follow, strategizing the right types of policies and procedures to ensure internal and external controls, training new entrants to work along the lines of compliance, and managing compliance reporting work.

In your opinion, what are some of the skills that an individual needs when working as a compliance analyst?
The first thing that this work requires is an immense focus. One has to possess a wide vision and focus it on the matter at hand. Analytic skills that are much above ordinary are also required when working in this position. Moreover, one needs to be exceptionally well-versed in strategizing plans to ensure that compliance issues are managed according to protocol. Also, one needs to possess demonstrated expertise in handling problems that may arise due to non-compliance.

What is the most difficult thing that you have had to do to ensure compliance?
Challenges are an everyday thing for people working in regulatory compliance. But perhaps the most difficult job that I have had to handle up till now was when I was asked to do a little hanky-panky so that the company could save a few hundred dollars, because some of their procedures did not comply with the rules and regulations of the state. I had to refuse to do it.

What is your greatest strength in the role of a compliance analyst?
I am an extremely thorough individual, which makes it easy for me to handle my work according to standards.

And what would be your greatest weakness?
Where work is considered, I am a perfectionist. I consider it a weakness because one often sets unrealistic goals when one is a perfectionist. But I am working on it so that I do not have to work towards targets that I cannot realistically achieve.

As far as your profession is concerned, where do you see yourself in 3 years?
I am slowly and surely reaching the stage where I can be considered for a regulatory compliance specialist position, which is also my professional aim.