Recruiter's Glossary

Examples: Policy Framework • Control Environment • Form CRS

Remediation

Term from Compliance industry explained for recruiters

Remediation refers to the process of fixing or correcting issues that have been identified during audits, assessments, or regulatory reviews. In a business context, it's like creating and following an action plan to fix problems, especially those related to rules, regulations, or company policies. Think of it as the "clean-up crew" that comes in after problems are found - they develop plans to fix issues, implement solutions, and make sure similar problems don't happen again. Companies need remediation experts to help them stay compliant with laws and regulations, protect their reputation, and avoid fines or penalties.

Examples in Resumes

Led Remediation efforts for audit findings across 5 departments

Developed and implemented Remediation plans to address regulatory compliance gaps

Managed Remediation projects resulting in 100% closure of high-risk findings

Created tracking system for Remediation activities and regulatory responses

Typical job title: "Remediation Specialists"

Also try searching for:

Compliance Specialist Risk Management Specialist Remediation Manager Regulatory Response Specialist Compliance Officer Risk and Controls Analyst Audit Remediation Specialist

Where to Find Remediation Specialists

Professional Organizations

• SCCE (Society of Corporate Compliance and Ethics)
• IIA (Institute of Internal Auditors)
• ISACA

Online Communities

Job Resources

Example Interview Questions

Senior Level Questions

Q: Can you describe a complex remediation project you've managed and what made it successful?

Expected Answer: Look for answers that demonstrate leadership in handling large-scale issues, coordinating multiple departments, and achieving measurable results. They should mention stakeholder management, resource allocation, and long-term effectiveness of solutions.

Q: How do you prioritize multiple remediation issues when resources are limited?

Expected Answer: Strong answers should include risk assessment methods, cost-benefit analysis, regulatory deadline considerations, and strategies for managing stakeholder expectations while addressing the most critical issues first.

Mid Level Questions

Q: What steps do you take when creating a remediation plan?

Expected Answer: Candidate should describe identifying root causes, setting clear objectives, establishing timelines, assigning responsibilities, and creating monitoring processes to ensure effectiveness.

Q: How do you track and report on remediation progress?

Expected Answer: Look for familiarity with project management tools, status reporting methods, metrics tracking, and ability to communicate progress to different audiences (management, regulators, team members).

Junior Level Questions

Q: What do you understand by the term 'remediation' in a compliance context?

Expected Answer: Should demonstrate basic understanding that remediation involves identifying problems, developing solutions, and implementing fixes to address compliance or regulatory issues.

Q: How would you document a remediation activity?

Expected Answer: Should mention basic documentation practices like recording the issue, actions taken, completion dates, and maintaining evidence of the fix for audit purposes.