In today’s world, organizations seem to have access to critical information. As a result, there is an increased need for information security and cybersecurity. This concern has led to roles such as GRC analysts and compliance managers, especially in healthcare.
However, what is the difference between a GRC analyst and a compliance manager? In this blog, we’ll look at how a GRC analyst and a compliance manager have unique roles.
GRC Analyst
A Governance, Risk, and Compliance (GRC) analyst refers to an individual who is responsible for ensuring that an organization complies with relevant regulatory requirements and industry standards. A GRC analyst also performs additional roles, including:
- Developing and implementing policies, controls, and procedures that ensure that the organization complies with laws, regulations, and industry standards.
- Ensuring that the company’s governance policies are in line with best practices.
- Designing and implementing compliance training programs for employees.
- Carrying out compliance audits to ensure full adherence to relevant standards and regulations.
- Designing and implementing compliance training programs for employees.
Compliance Manager
A compliance manager acts as a guide when it comes to an organization abiding by industry laws and regulations. A compliance manager is responsible for keeping an organization in line with its values for rules, transparency, and accuracy. Specifically, a compliance manager performs roles such as:
- Ascertaining that an organization is compliant with laws and regulations.
- Developing, implementing, and maintaining compliance programs within the organization.
- Monitoring and preparing reports on the organization’s compliance activities.
- Identifying any risk surrounding compliance.
- Building and maintaining relationships with related regulatory bodies.
- Carrying out audits to ensure that the organization is adhering to relevant regulations and standards.
GRC Analyst vs. Compliance Manager
Comparatively, the roles of a GRC analyst and compliance manager in an organization seemingly overlap. For example, a GRC analyst builds and maintains relationships with regulatory bodies, and a compliance manager is also responsible for building and maintaining similar relationships. In addition, both the compliance manager and the GRC analyst are responsible for developing and implementing compliance programs for other employees.
However, the major difference between GRC analysts and compliance managers emerges in their primary roles. A GRC analyst is responsible for ensuring that an organization complies with relevant regulatory requirements and industry standards. On the other hand, a compliance manager acts as the guide that keeps the organization in line regarding these regulatory requirements and industry standards.
Step Into the Future of Compliance
As you navigate the distinct but interconnected paths of a compliance manager or a GRC analyst, remember that the right tools and guidance are crucial for success. At ComplyAssistant, we don’t just provide expert advice—we equip you with the best GRC compliance software to manage security and compliance with an integrated approach. Contact ComplyAssistant today and let us help you secure a future where compliance and security are in perfect alignment.