IS WORK OVER?

Automation index

How much of a Compliance officer’s job can AI already do?

A matrix and a course come earlier. Telling a director no, and writing it down, do not.

This percentage does not predict how many people will lose their jobs.

Task comparison

Compliance officer

Where the time goes

Task weights are our estimates based on O*NET frequency data, not time shares published by O*NET.

The time saving for each task is estimated separately.

TaskShareAIPoints
Policies, matrices and controls.
Estimate

No public source provides a precise figure. This is our estimate.

22%50%+11
Reports, desk KYC and tracking.
Estimate

No public source provides a precise figure. This is our estimate.

18%42%+7.6
Investigate a case and talk to people.
Estimate

No public source provides a precise figure. This is our estimate.

16%18%+2.9
Train, persuade and take pressure.
Estimate

No public source provides a precise figure. This is our estimate.

16%15%+2.4
Regulator, audit and evidence.
Estimate

No public source provides a precise figure. This is our estimate.

14%16%+2.2
Say no and leave a record.
Estimate

No public source provides a precise figure. This is our estimate.

14%14%+2
Total100%28%

Modelled workweek: 100% · Public evidence: 0% · Estimate: 100% · Confidence: Low

Skills and activities

  • Policies, matrices and controls
  • Reports, desk KYC and tracking
  • Investigate a case and talk to people
  • Train, persuade and take pressure
  • Regulator, audit and evidence
  • Say no and leave a record
  • compliance
  • cumplimiento normativo
  • oficial de cumplimiento

Sources for this job· O*NET 13-1041.00· ESCO/ISCO 2619

Accountant

Where the time goes

Task weights are our estimates based on O*NET frequency data, not time shares published by O*NET.

The time saving for each task is estimated separately.

TaskShareAIPoints
Supervise auditing of establishments, and determine scope of investigation required.
Estimate

No public source provides a precise figure. This is our estimate.

12%22%+2.6
Analyze business operations, trends, costs, revenues, financial commitments, and obligations to project future revenues and expenses or to provide advice.
Estimate

No public source provides a precise figure. This is our estimate.

9%48%+4.3
Develop, implement, modify, and document recordkeeping and accounting systems, making use of current computer technology.
Estimate

No public source provides a precise figure. This is our estimate.

8%55%+4.4
Report to management regarding the finances of establishment.
Estimate

No public source provides a precise figure. This is our estimate.

7%55%+3.9
Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions.
Estimate

No public source provides a precise figure. This is our estimate.

7%55%+3.9
Prepare adjusting journal entries.
Estimate

No public source provides a precise figure. This is our estimate.

7%28%+2
Review accounts for discrepancies and reconcile differences.
Estimate

No public source provides a precise figure. This is our estimate.

6%28%+1.7
Establish tables of accounts and assign entries to proper accounts.
Estimate

No public source provides a precise figure. This is our estimate.

6%28%+1.7
Other less frequent tasks (weight estimated from frequency).
Estimate

No public source provides a precise figure. This is our estimate.

38%28%+10.6
Total100%35%

Modelled workweek: 100% · Public evidence: 0% · Estimate: 100% · Confidence: Low

Skills and activities

  • ledger entries
  • close accounts
  • reconcile banks
  • accounting department processes
  • financial department processes
  • economics
  • corporate law
  • accounting
  • inspect tax returns
  • control financial resources

Sources for this job· O*NET 13-2011.00· ESCO/ISCO 2411

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