Why Pursue A Career…
Why Pursue a Career as a Trade Compliance Professional?
A rewarding in-demand career.
“International trade” is sometimes seen as a vague, but complex, term. As goods are made in one part of the world, assembled or refined in another, and sold in yet another market, multiple countries and companies are involved in the creation of a single product. As global trade increases, so does the size and influence of the world’s middle-class. This is a positive economic shift, making goods from the US more affordable in these emerging markets. As US exports increase, the demand for Trade Compliance professionals increases as well.
Even small companies in the US are exploring foreign markets and encountering the regulations and documents required to take their businesses global. The Trade Compliance field represents critical skill sets that any company determined to break out of domestic markets needs. Yet many outside the import-export industry are unfamiliar with this emerging field. As the premiere education source for international trade management, DSU fields calls and inquiries from those seeking more information about this growth field.
What is Trade Compliance?
Trade Compliance is the monitoring and enforcement of U.S. and international trade regulations tied to importing and exporting goods and services. A Trade Compliance Professional ensures their organization complies with the regulations when shipping and receiving products, while maintaining a current knowledge of the regulations.
Why Choose a Career in Trade Compliance?
Trade compliance has evolved over the last 10 years. In the past, tasks completed by anyone in the company (possessing minimal skills and training) were common place. Today, increased stakes and the development of a true professional field devoted to these topics rapidly advanced simple clerks into complex compliance departments. Now, more and more companies realize their import and export procedures may fall short of compliance with the U.S. Government and international trade regulations.
As companies experience fines and penalties, such as export debarment, due to their lack of due-diligence towards compliance, the demand for trained professionals in compliance regulations will continue to grow. These professionals are employed across industries and can be found in all sectors of commerce, from automobile manufacturing, electronics, aerospace and defense to food and agriculture.
What education and training is available for the Trade Compliance Profession?
Because trade compliance is a relatively new professional field, many Trade Compliance Professionals worked their way into their position obtaining their training on an “as needed” basis, learning new skills as needed to perform their tasks. Others have gained additional skills and knowledge by attending trade seminars and joining professional organizations. Both are great sources for trade compliance training. Yet, for those seeking a more complete picture with concrete credentials, many professionals have turned to Dunlap-Stone University to complete their Bachelors Degree in International Trade Management or have chosen a specific IIEI Certification to demonstrate their expertise.
Do you have what it takes?
Successful compliance professionals are detail-oriented and highly organized. If you’ve ever been described as an over-achiever, if you like learning new things while solving complex problems that require a high level of detail, you would make an amazing compliance professional. To help determine if you would find a career in trade compliance a challenging and rewarding; read this article, Profiles of the Global Trade Professional, by Bill Conroy of Tyler Search Consultants and discover if you have what it takes for trade compliance.
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