Which of the following describes the function of a compliance manager in GRC?

The role of a compliance manager within Governance, Risk, and Compliance (GRC) is primarily centered around ensuring that an organization adheres to relevant laws, regulations, standards, and internal policies. This includes a comprehensive assessment of the organization's compliance posture and ongoing monitoring to ensure that all aspects of operations are aligned with regulatory requirements.

Monitoring adherence to regulations is a key function because it involves conducting regular reviews, audits, and assessments to identify any areas of non-compliance, risks, or potential improvements. Compliance managers must stay informed of changing regulations and help their organizations adapt to those changes, providing guidance and training to staff to ensure everyone understands their responsibilities regarding compliance.

In contrast, managing financial audits is more focused on financial practices and is typically the role of an internal auditor or finance manager. Overseeing IT security measures falls under the domain of IT security managers or information security officers, who focus specifically on protecting the organization's information assets. Conducting operational assessments is usually associated with operational risk managers or quality assurance roles that evaluate the efficiency and effectiveness of business operations rather than regulatory compliance.

Therefore, the primary focus on monitoring adherence to regulations accurately reflects the core responsibilities of a compliance manager in GRC.