Hi, need to submit a 1500 words paper on the topic Most Important Interpersonal Skills Required of a Compliance Officer. Some compliance officers are accorded great mandate and are required to negotiate with powerful stakeholders such as important political figures or producers in a firm such as financial advisors over matters such as the imposition of new rules on a firm. Therefore, possessing excellent negotiation skills enables compliance officers to defend a company in the matter regarding compliance.

Appropriate communication skill is another important interpersonal skill that compliance officers should possess. The compliance officers perform duties that require them to communicate with people in different positions within an organization. The compliance officers are required to work together with the human resource management departments and other departments. For example, the compliance officer is required to report to the company management on how the employees are obeying the company’s policies. Moreover, the compliance officer is supposed to communicate with other company stakeholders such as auditors and regulatory agencies such as external auditors (Hutchinson and Mark 10-13).

The communication may take different forms such as verbal or through written letters and reports. Therefore, the compliance officer is supposed to have effective writing and verbal or oral skills to prevent instances of misunderstanding. Another role of a compliance officer is that employees are enlightened on the rules and regulations of the organization as well as the appropriate business practices. Moreover, the compliance officer should disseminate all the information regarding compliance with all members of an organization. Appropriate communication skills are crucial since they help compliance officers to avoid ambiguity, especially when giving directives (Banks and Banks 9-13). This ensures that the staff members understand directives as well as laws and regulations regarding ethics that may be written or communicated by the compliance officer.