Compliance Program Goals and Objectives Document

The Compliance Program Goals and Objectives Document outlines the specific aims and targets of an organization’s compliance program for a given period. Key features include:

1. Overall mission statement of the compliance program

2. Specific, measurable, achievable, relevant, and time-bound (SMART) goals

3. Key performance indicators (KPIs) for measuring progress towards goals

4. Alignment with broader organizational strategic objectives

5. Timelines and milestones for achieving each goal or objective

This document serves as a roadmap for the compliance function, providing clear direction and focus for compliance efforts. It helps ensure that compliance activities are aligned with the organization’s overall strategy and risk profile. The goals and objectives typically cover various aspects of compliance, such as training completion rates, reduction in compliance incidents, implementation of new compliance tools or processes, and improvement in compliance culture metrics. Regular review and updates of this document help maintain the relevance and effectiveness of the compliance program in a changing regulatory environment.