By Abby Lombardi on March 26, 2012 in Business/Finance, Management/Executive.

A recent article on Fortune looked at hiring for Compliance Officers in the wake of changing regulations, including Dodd-Frank and pending Volcker legislations. We thought we would look at the trend of job postings, skills required, and how hard-to-fill these job openings are.

In the past 60 days, more than 300 financial services firms have posted a total of 1,200 job ads for Compliance Officers across the US. This is a 49% increase compared to the same 60-day period in 2011. With the increasing regulations affecting banks and other financial services companies, seeing this increase in specialized hiring is not too much of a surprise.

Hiring Demand for Compliance Officers – 4 Year Hiring Trend

In addition, it may not be too surprising that New York, Dallas, and Chicago lead the US in hiring demand for these professionals. Recruiters in these 3 areas are likely to see challenges with sourcing enough candidates to fill job openings and will compete heavily for qualified talent. Our Hiring Scale™ shows that employers in New York City are seeing some of the most difficulties and longest time-to-fill. Here, job ads stay online for more than 6.5 weeks, about 1 week longer than average.

Hiring Scale for Compliance Officers – New York, NY (Hard-to-Fill)

Some of the commonly required skills listed in online job ads for Compliance Officers include:

• Microsoft Office
• Compliance testing
• Microsoft PowerPoint
• Internal audit
• Microsoft word
• Audit management
• Portfolio management
• Transaction processing
• Microsoft Project
• Microsoft Access
• Microsoft Excel
• Microsoft SharePoint
• Legal research

Some of the most demanded certifications for these candidates include:

• Certified Public Accountant (CPA)
• Certified Internal Auditor (CIA)
• Certified Fraud Examiner (CFE)
• Chartered Wealth Manager
• Chartered Financial Analyst (CFA)
• Juris Doctorate Degree

Are you recruiting for Compliance Officers? Try our online Hiring Scale™ to see how easy- or hard-to-fill these jobs will be in your area, average salary information, who you are competing with for talent, and where to find hidden candidates.

Links to this article (4)

• March 29, 2012 - news.dice.com
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• March 29, 2012 - www.recruitersnation.org
  March 27 Issue of Staffing Today Available Now « RecruitersNation
  
• April 2, 2012 - shares-xpert.net
  Your Questions About Finance Careers |
  
• April 10, 2012 - shares-expert.com
  Your Questions About Finance Careers |
  

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