Comparing Regulatory Affairs Specialists to Regulatory Compliance Specialists
Regulatory affairs specialists ensure a company keeps its employees safe and licensed, while regulatory compliance specialists track the products of a company to ensure they meet governmental requirements for safety. Readers will learn more about the duties of each profession, as well as their degrees, annual salaries, and job growth expectations.
|Job Title||Educational Requirements||Median Salary (2018)*||Job Growth (2016-2026)**|
|Regulatory Affairs Specialists||Bachelor's Degree||$64,414||8% (Compliance Officers)|
|Regulatory Compliance Specialists||Bachelor's Degree||$53,044||8% (Compliance Officers)|
Sources: *PayScale, **U.S. Bureau of Labor Statistics
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Responsibilities of Regulatory Affairs Specialists vs. Regulatory Compliance Specialists
These specialists work with teams of marketing specialists, developers, and company leaders to create regulations for new and existing products. Working in office settings, both professionals are responsible for filing reports and documenting instances of regulatory infractions. Regulatory affairs specialists focus more on internal regulations, ensuring a company is meeting local, state, and federal laws. Regulatory compliance specialists may also guide internal policy for safeguarding products and activities, but they also ensure the laws of international companies meet federal laws.
Regulatory Affairs Specialists
Regulatory affairs specialists supervise an organization's internal regulatory processes by implementing laws into corporate policy, including those regarding marketing materials and product labeling. To ensure the policies are being followed, these specialists complete audits and inspections on both domestic and international projects. Their job is to make sure the laws of all involved countries are taken into consideration. During audits, affairs specialists may also check that employees hold the licenses required for their position in the company.
Job responsibilities of a regulatory affairs specialist include:
- Analyzing the accuracy of data included in regulatory reports
- Developing documents and reports for the appropriate state or federal regulatory agencies
- Studying updated product standards and regulation laws
- Regulating the development of new products to ensure they meet company policy and governmental laws
Regulatory Compliance Specialists
Regulatory compliance specialists track product registration across the globe, gaining patents for products and making sure they are registered. They are also familiar with import and export laws, along with other regulations related to international trade. This includes suggesting the company only partner with international companies that will follow the same policies for their products. By interpreting law and executive orders from the organization's leaders, they can ensure company policy meets laws, specially those related to the company's imports and exports.
Job responsibilities of a regulatory compliance specialist include:
- Ensuring products brought into the United States are not sanctioned against
- Understanding monetary exchange rates
- Communicating with global regulatory agencies, such as the FDA
- Removing compliance issues noted during audits and inspections
For those interested in a career as a regulatory affairs specialist, a position as an occupational safety specialist may also appeal since both attempt to make employee safety a company policy. Additionally, those curious about a future as a regulatory compliance specialist could explore a career as an environmental compliance specialist because both ensure laws are being followed by a company.