Chief Compliance Officer Salary

The East Coast offers the largest salaries to Chief Compliance Officers; the three top-paying cities in the field are Philadelphia, New York, and Boston. Overall cash earnings for Chief Compliance Officers stretch from $61K on the lower end to $231K near the top, and the heftiest packages can encompass around $57K from bonuses and $26K from profit sharing. Location is the biggest factor affecting pay for this group, followed by tenure. Women Chief Compliance Officers who took the survey just slightly outnumber men. Most Chief Compliance Officers like their work and job satisfaction is high. Most enjoy medical while the larger part get dental coverage. Vision coverage is also available to a little more than half. This snapshot results from replies to PayScale's salary survey.
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$61,230 - $195,105
(Median)
$61K
$100K
$200K
MEDIAN: $104,130
10%
50%
90%

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$12.03 - $60.82
(Median)
$12
$25
$61
MEDIAN: $25.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$80K$160K$240K
Salary
$61,230 - $195,105  
   
Bonus
$200.00 - $57,476  
Profit Sharing
$5.93 - $25,532  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$61,044 - $231,092  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 1,004
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50$100$150
Hourly Rate
$12.03 - $60.82  
   
Overtime
$17.48  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Bonus
$200.00 - $57,476  
   
Profit Sharing
$5.93 - $25,532  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$61,044 - $231,092  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 17
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Job Description for Chief Compliance Officer

Chief compliance officers are responsible for the finances and operations within their company. Whenever a department or division undertakes a new initiative requiring executive budget approval, the chief compliance officer must make a decision on whether to grant that permission. Chief compliance officers are also responsible for ensuring that operations within the company adhere to all applicable rules, regulations, policies, and laws. For example, chief compliance officers must ensure that procedures within their company's manufacturing plants are in line with Occupational Safety and Health Administration (OSHA) safety standards.

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Chief Compliance Officer Tasks

  • Conduct or direct the internal investigation of compliance issues.
  • Oversee and monitor activities for compliance with company, state and federal regulations.
  • Assess product, compliance, or operational risks and develop risk management strategies.
  • Conduct periodic internal reviews or audits to ensure that compliance procedures are followed.

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Popular Skills for Chief Compliance Officer


Just a handful of professional skills are reported by Chief Compliance Officers who took the survey. Most notably, skills in Legal Compliance, Regulatory Compliance, Risk Management / Risk Control, and Compliance (Financial) are correlated to pay that is above average. Most people who know Regulatory Compliance also know Legal Compliance and Compliance (Financial).

Pay by Experience Level for Chief Compliance Officer

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Folks with fewer than five years of experience earn around $82K on average, but respondents who have racked up five to 10 years benefit from a six-figure median of $109K. Chief Compliance Officers bring in $131K after working for 10 to 20 years. Respondents who boast more than 20 years of experience can't seem to boast paychecks reflecting that extensive experience, though; veteran Chief Compliance Officers report making only $125K on average.

Pay Difference by Location

National Average: $112,525

Larger city markers indicate a job is popular in that location.

For Chief Compliance Officers, heading east means bigger paychecks — those in Philadelphia, New York, and Boston earn more on average than Chief Compliance Officers in the rest of the country. Compared to the national average, Pittsburgh Chief Compliance Officers have considerably lower salaries, 31 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession.

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Experience Affects Chief Compliance Officer Salaries



National Average
$113,000



Skills That Affect Chief Compliance Officer Salaries


Regulatory Compliance
up arrow 3%

Risk Management / Risk Control
up arrow 1%

Compliance (Financial)
0%

National Average
$113,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 184 votes.

Gender

Female
59 %
Male
41 %

Years of Experience

Less than 1 year
1%
1-4 years
15%
5-9 years
20%
10-19 years
39%
20 years or more
26%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 68%
medical benefits
Vision: 54%
dental benefits
None: 13%
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