Full definition
Compliance manager is defined as: A compliance manager is the person in a business accountable for making sure suppliers, contractors and internal processes meet the regulatory, contractual and policy obligations that apply.
Compliance managers own the framework: what evidence is required, from whom, how often it is reviewed and how gaps are closed. They report to a board or committee and are usually the internal owner of any TPRM programme.
In smaller organisations this responsibility often sits with operations, finance or a founder wearing several hats. The work still exists - it just does not sit under a single job title.