What is one responsibility that should NOT be handled by a compliance officer?

The responsibility that should not be handled by a compliance officer is managing the organization's marketing strategy. A compliance officer's primary role is to ensure that the organization adheres to applicable laws, regulations, and ethical standards. This involves activities such as monitoring the compliance and ethics program, conducting risk assessments to identify potential areas of non-compliance, and investigating any compliance-related issues that arise.

While marketing strategies are crucial for an organization’s growth and reputation, they typically fall under the purview of the marketing department. The compliance officer's focus is on compliance risk management, ethical behavior, and operational integrity rather than on market positioning, promotional tactics, or branding strategies. This separation helps to maintain the integrity of the compliance function, allowing it to remain objective and focused on upholding standards rather than becoming involved in competitive business practices.