The documentation outlining the duties, responsibilities, required skills, and qualifications for a professional responsible for ensuring an organization adheres to relevant laws, regulations, and internal policies. It serves as a guide for recruitment, performance evaluation, and establishing the scope of the position within the company’s operational structure. For example, it might specify experience with Sarbanes-Oxley (SOX) compliance for a financial institution or HIPAA regulations for a healthcare provider.
This document is crucial for several reasons. It provides clarity and transparency regarding expectations, attracting suitable candidates and setting clear performance objectives. Its existence helps mitigate risks associated with non-compliance, protecting the organization from potential fines, legal action, and reputational damage. Historically, the increased complexity of legal and regulatory landscapes has driven the need for well-defined descriptions, reflecting the growing importance of this role.
