Apprenticeship training course
Regulatory compliance officer (level 4)
Performing regulatory services functions and/or supporting compliance activities.
- Qualification level
-
4
Equivalent to higher national certificate (HNC). - Typical duration
- 24 months
- Apprenticeship category
- Business and administration
- Maximum funding
-
£6,000
Maximum amount government will fund
for apprenticeship training. - Skills
-
Skills an apprentice will learn
- Plan and deliver compliance support services in line with business expectation
- Carry out activities in line with their organisations regulatory outcomes - ensuring business prosperity and consumer/environmental protection
- Work within the organisations policies and procedures and the law
- Assess regulatory risks and use risk assessment to guide their activities and target resources
- Gather, analyse, use and share data to inform risk assessment
- Engage constructively with business and tailor their approach to businesses that they interact with
- Take account of the provisions of statutory Codes in order to engage effectively with businesses
- Plan their compliance support activities so as to deliver their responsibilities efficiently
- Work as part of a team building and maintaining good working relationships with both business and regulator stakeholders
- Make appropriate intervention choices to have the greatest impact on supporting compliance
- Take a proportionate approach to intervention choice
- Work effectively with other organisations
- Prepare appropriately for checks on compliance
- Conduct interventions in a proportionate manner
- Be responsive to the circumstances encountered
- Make informed assessments of compliance and risk
- Follow-up on checks on compliance in an appropriate manner
- Promote the importance of compliance, and their organisations role in supporting compliance
- Provide information and guidance that is needed by businesses and/or those they regulate
- Provide the tailored advice that is needed by businesses where appropriate
- Communicate effectively with businesses that have failed to comply
- Work with partner organisations to support proportionate, risk based responses to non- compliance
- Conduct thorough investigations of non-compliance and allegations of non-compliance
- Take actions to deal with non- compliance using a wide range of interventions including advice and guidance, formal letters and notices. Where necessary impose sanctions
- Provide appropriate support for those adversely affected by non-compliance
- Having sound judgement. This includes making decisions about the relevance, quality and accuracy of the information available and using and sharing it appropriately
- Monitor and report on their activities and performance
- Evaluate their activities in relation to their regulatory objectives and their organisations strategic priorities
- Use IT systems to manage, share and store information in accordance with data protection requirements where appropriate
- Use digital technologies to communicate with and support partner organisations and regulated entities
- Use digital competencies to support the regulation of online markets
Full information on Regulatory compliance officer (level 4) is available from the Institute for Apprenticeships and Technical Education.