The compliance function itself.
Not advice about compliance, and not a quarterly check-in. Policies current, the risk register live, BAAs tracked, training documented, and the annual analysis refreshed on schedule. For under a third of what that function costs as a hire.
Run the numbers before you run the search.
A compliance officer at the size of organization that asks me this question costs $95K–$130K loaded: salary plus employer taxes, benefits, and the cost of recruiting for the role. The retainer at the entry level is $2,500/mo, which is $30,000 a year. Against that band, that is 23% to 32%.
Under a third, and that holds at both ends of the band, so you are welcome to check it. You also skip the ramp: a new hire spends their first quarter learning your environment. I spend it working, because the assessment already told me what your environment is.
What you give up is headcount and full-time availability. If you need someone in the building five days a week, hire someone. I will help you write the job description and interview for it. Most organizations at this size do not need that yet, and buy it anyway because the alternative was not on the menu.
What "the program runs" actually means.
The list below is the standing work, not a menu of things I could be asked to do. Each item has a cadence, an artifact, and an owner.
The same function at every level. The difference is pace.
Every level runs the standing work above. Anything that becomes a project goes in your queue, and the level sets how many projects are in progress at once. Monthly, no minimum term. Moving up or down a level is a conversation, not a renegotiation.
One active project
The standing function, with one project from your queue in progress at a time.
Two active projects
The standing function, with two projects in progress at once.
Three active projects
The standing function, with three projects in progress at once.
One queue, a set number in progress.
Month one is the analysis.
I will not run a program I have not assessed. Without a current analysis, the first ninety days go to discovering the environment, and you would be paying for discovery when you meant to pay for the work.
So month one is the Security Risk Assessment, conducted on site, billed at its own price of starting at $3,500. The program runs from month two at the monthly price. If you already have a current risk analysis that holds up, bring it, and month one is an ordinary month at the monthly price.
If all you want is the analysis, the assessment is also sold on its own.