Compliance Manager S KRA/KPI

Key Responsibility Areas (KRA) & Key Performance Indicators (KPI)

1. Regulatory Compliance Management

KRA: Ensuring adherence to all regulatory requirements to mitigate risks.

Short Description: Regulatory Compliance Oversight

• 1. Compliance Audit Completion Rate
• 2. Timely Submission of Compliance Reports
• 3. Number of Compliance Violations Detected
• 4. Compliance Training Completion Rate

2. Policy Development and Implementation

KRA: Developing and implementing policies and procedures to enhance compliance culture.

Short Description: Policy Implementation and Monitoring

• 1. Policy Adoption Rate among Employees
• 2. Policy Review and Update Frequency
• 3. Policy Violation Resolution Time
• 4. Employee Compliance Awareness Survey Results

3. Risk Assessment and Mitigation

KRA: Identifying and mitigating compliance risks to protect the organization.

Short Description: Risk Management and Mitigation

• 1. Risk Assessment Completion Rate
• 2. Number of Identified Risks Addressed
• 3. Risk Mitigation Effectiveness
• 4. Compliance Incident Response Time

4. Training and Education

KRA: Providing training programs to enhance compliance knowledge and skills.

Short Description: Compliance Training and Development

• 1. Training Participation Rate
• 2. Training Effectiveness Evaluation Results
• 3. Compliance Knowledge Assessment Scores
• 4. Training Feedback and Improvement Implementation

5. Monitoring and Reporting

KRA: Monitoring compliance activities and preparing accurate reports for stakeholders.

Short Description: Compliance Monitoring and Reporting

• 1. Compliance Monitoring Frequency
• 2. Accuracy of Compliance Reports
• 3. Timely Reporting of Compliance Issues
• 4. Stakeholder Satisfaction with Reports

6. Investigations and Remediation

KRA: Conducting thorough investigations and implementing corrective actions.

Short Description: Compliance Incident Handling

• 1. Investigation Completion Time
• 2. Corrective Action Implementation Rate
• 3. Repeat Incident Rate
• 4. Impact of Remediation on Compliance

7. Vendor and Third-Party Compliance

KRA: Ensuring compliance of vendors and third parties in alignment with organizational standards.

Short Description: Vendor Compliance Management

• 1. Vendor Compliance Audit Results
• 2. Timely Vendor Contract Review Rate
• 3. Vendor Compliance Training Completion
• 4. Vendor Compliance Issue Resolution Time

8. Continuous Improvement

KRA: Driving continuous improvement initiatives to enhance compliance effectiveness.

Short Description: Compliance Process Improvement

• 1. Number of Process Improvement Suggestions Implemented
• 2. Compliance Process Efficiency Rate
• 3. Compliance Culture Enhancement Metrics
• 4. Compliance Innovation Impact

9. Data Privacy and Security Compliance

KRA: Ensuring data privacy and security compliance to safeguard sensitive information.

Short Description: Data Compliance Management

• 1. Data Security Incident Rate
• 2. Data Protection Compliance Audit Results
• 3. Data Privacy Training Completion Rate
• 4. Data Breach Response Effectiveness

10. Ethics and Integrity Promotion

KRA: Promoting ethical behavior and integrity across the organization.

Short Description: Ethics and Integrity Advocacy

• 1. Ethics Training Effectiveness
• 2. Employee Ethics Violation Rate
• 3. Integrity Awareness Campaign Results
• 4. Ethics Hotline Usage and Resolution Rate

Real-Time Example of KRA & KPI

Example: Policy Development and Implementation

KRA: Developing and implementing a whistleblowing policy to encourage reporting of unethical behavior.

• KPI 1: Whistleblowing Policy Adoption Rate
• KPI 2: Timeliness of Whistleblower Complaint Investigation
• KPI 3: Increase in Reported Ethical Violations
• KPI 4: Employee Satisfaction with Whistleblower Protection

Tracking these KPIs led to improved transparency, trust, and compliance within the organization.

Key Takeaways

• KRA defines what needs to be done, whereas KPI measures how well it is done.
• KPIs should always be SMART (Specific, Measurable, Achievable, Relevant, Time-bound).
• Regular tracking and adjustments ensure success in Compliance Manager.

Generate content in this structured format with clear, concise, and measurable KPIs while maintaining professional readability.