Sorry to be late for the party, but I don't check this discussion area too often. Even though they seem to take time away from "real work", organizational details are extremely important. The name of your function and the titles of those who perform it matter.
After years of battling with business managers about "compliance" being part of their jobs and hearing the broken-record response "C-O-M-P-L-I-A-N-C-E is stenciled on the door of your office not mine", I scraped the door clean and renamed the function "Regulatory Risk Management." Our titles were also changed to reflect the theme. When you say to your organization that you are a compliance officer, manager or anything else, you are conceding responsibility for much more than you can control. No one can achieve compliance within a business controlled by another officer unless that officer OKs necessary procedural changes, staffing and budget.
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...gone fishing.