Chief Compliance Officer Salary

Compensation for Chief Compliance Officers in the United States is generous, with average pay surpassing six figures annually ($102K). Total cash compensation for Chief Compliance Officers runs from $59K to $216K depending on bonuses that can occasionally exceed $50K and profit sharing that can reach almost $24K. Geography is the biggest factor affecting pay for this group, followed by years of experience. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 57 percent. Work is enjoyable for Chief Compliance Officers, who typically claim high levels of job satisfaction. Medical benefits are awarded to most, and more than half earn dental coverage. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$59,362 - $184,978

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$12.21 - $61.28

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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
$59,362 - $184,978  
   
Bonus
$507 - $49,701  
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).
)
$59,376 - $216,000  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 922
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
$12.21 - $61.28  
   
Overtime
$6.00 - $31.39  
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
$507 - $49,701  
   
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).
)
$59,376 - $216,000  
Country: United States | Currency: USD | Updated: 18 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


Survey takers who work as Chief Compliance Officers typically report just a few professional skills. Most notably, skills in Legal Compliance, Regulatory Compliance, Risk Management / Risk Control, and Compliance (Financial) are correlated to pay that is above average. Those who learned Risk Management / Risk Control also tend to know Legal Compliance and Compliance (Financial). Those educated in Regulatory Compliance tend to be well versed in Compliance (Financial) and Legal Compliance.

Pay by Experience Level for Chief Compliance Officer

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


Although individuals who have less than five years' experience earn $84K on average, people with five to 10 years benefit from a notably larger average of $106K. Chief Compliance Officers with one to two decades of relevant experience report an average salary of approximately $127K. Respondents who boast more than two decades on the job don't boast commensurate pay, unfortunately; these veterans see average earnings of only $125K.

Pay Difference by Location


With a pay rate for Chief Compliance Officers that is 58 percent greater than the national average, Boston offers a comfortable salary for those in this profession. 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 (+36 percent). Chief Compliance Officers in Pittsburgh take home the lowest salaries, earning a whopping 29 percent less than the national average. Workers in Miami and Dallas earn salaries that trail the national average for those in this profession (5 percent less and 4 percent less, respectively).

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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 3%

Risk Management / Risk Control
up arrow 1%

Compliance (Financial)
0%

National Average
$109,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 183 votes.

Gender

Female
57 %
Male
43 %

Years of Experience

Less than 1 year
1%
1-4 years
16%
5-9 years
19%
10-19 years
37%
20 years or more
27%

Common Health Benefits

medical benefits Medical: 83% dental benefits Dental: 69%
vision benefits Vision: 55% employee benefits None: 13%
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