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Chief Compliance Officer Salary

On average, Chief Compliance Officers in the United States earn six-figure salaries ($102K) annually, making for a very well-paid profession. Final cash compensation to Chief Compliance Officers varies from around $57K to approximately $218K; choice pay grades include potential for bonuses and profit sharing as high as $51K and $25K, respectively. Location is the biggest factor affecting pay for this group, followed by career duration. Most report receiving medical coverage from their employers and the larger part collect dental insurance. Most Chief Compliance Officers report high levels of job satisfaction. Women Chief Compliance Officers who took the survey just slightly outnumber men. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$56,931 - $185,261
(Median)
$57K
$100K
$190K
MEDIAN: $101,957
10%
50%
90%

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$12.35 - $70.00
(Median)
$12
$25
$70
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
$56,931 - $185,261  
   
Bonus
$515 - $50,553  
Profit Sharing
$881 - $24,832  
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).
)
$56,829 - $217,709  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 946
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
$12.35 - $70.00  
   
Overtime
$11.79 - $34.18  
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
$515 - $50,553  
   
Profit Sharing
$881 - $24,832  
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).
)
$56,829 - $217,709  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 19

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United States (change)


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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.

Chief Compliance Officer Job Listings

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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. It is often found that people who know Risk Management / Risk Control are also skilled in Legal Compliance and Compliance (Financial). The majority of those who know Regulatory Compliance also know 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.


Relatively untried employees who have less than five years' experience make $81K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $106K. Chief Compliance Officers who work for 10 to 20 years in their occupation tend to earn about $129K. Survey respondents who have worked for more than 20 years actually report somewhat lower incomes of $126K.

Pay Difference by Location


Home to some of the best pay for Chief Compliance Officers, Boston offers exceptional salaries, 57 percent above the national average. Chief Compliance Officers can also look forward to large paychecks in cities like Los Angeles (+53 percent), New York (+40 percent), San Francisco (+38 percent), and Seattle (+38 percent). Chief Compliance Officers' salaries are heavily influenced by location — Chief Compliance Officers in Pittsburgh bring in salaries that are 32 percent lower than the national average.

Related Job Salaries

United States (change)

Experience Affects Chief Compliance Officer Salaries



National Average
$111,000



Skills That Affect Chief Compliance Officer Salaries


Regulatory Compliance
up arrow 3%

Risk Management / Risk Control
up arrow 2%

Compliance (Financial)
up arrow 2%

National Average
$111,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 205 votes.

Gender

Female
56 %
Male
44 %

Years of Experience

Less than 1 year
1%
1-4 years
16%
5-9 years
20%
10-19 years
37%
20 years or more
26%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 69%
vision benefits Vision: 55% employee benefits None: 12%
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