Chief Compliance Officer Salary

Six-figure salaries are the norm for Chief Compliance Officers in the United States, with median pay hovering around $101K per year. Total cash earnings of Chief Compliance Officers range from $59K on the low end to $216K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $50K and $24K, respectively. Geographic location is the biggest factor affecting pay for this group, followed by tenure. Most report receiving medical coverage from their employers and a majority collect dental insurance. Most Chief Compliance Officers like their work and job satisfaction is high. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 57 percent. The numbers in this rundown were provided by PayScale's salary survey participants.
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$58,613 - $184,004
(Median)
$59K
$100K
$180K
MEDIAN: $101,437
10%
50%
90%

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$12.21 - $61.28
(Median)
$12
$26
$61
MEDIAN: $25.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$80K$160K$240K
Salary
$58,613 - $184,004  
   
Bonus
$502 - $49,534  
Profit Sharing
$600 - $24,398  
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).
)
$58,599 - $215,532  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 920
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$12.21 - $61.28  
   
Overtime
$6.00 - $31.39  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$502 - $49,534  
   
Profit Sharing
$600 - $24,398  
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).
)
$58,599 - $215,532  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 16
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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


Chief Compliance Officers typically list a handful of skills they use on the job. 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 Compliance (Financial) and Legal Compliance. Most people who know Risk Management / Risk Control 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.


The relatively untested earn a median of $83K per year, but survey respondents who have racked up five to 10 years of experience report a six-figure median of $105K. The average pay reported by folks with 10 to 20 years of experience is around $127K. Chief Compliance Officers who have racked up more than two decades of experience report lower incomes overall; the average sum for this crowd comes out to only $125K.

Pay Difference by Location


Surpassing the national average by 58 percent, Chief Compliance Officers in Boston receive some of the highest pay in the country. Chief Compliance Officers can also look forward to large paychecks in cities like Los Angeles (+53 percent), San Francisco (+40 percent), Seattle (+40 percent), and New York (+37 percent). Place of residence plays a huge part in a Chief Compliance Officer's salary, with Pittsburgh Chief Compliance Officers earning salaries that are 29 percent less than the national average. Employers in Miami and Dallas also lean toward paying below-median salaries (4 percent less).

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Experience Affects Chief Compliance Officer Salaries



National Average
$109,000



Skills That Affect Chief Compliance Officer Salaries


Regulatory Compliance
up arrow 4%

Risk Management / Risk Control
up arrow 2%

Compliance (Financial)
up arrow 2%

National Average
$109,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 186 votes.

Gender

Female
57 %
Male
43 %

Years of Experience

Less than 1 year
1%
1-4 years
17%
5-9 years
19%
10-19 years
37%
20 years or more
26%

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 69%
vision benefits Vision: 55% employee benefits None: 13%
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