Chief Compliance Officer Salary

On average, Chief Compliance Officers in the United States earn six-figure salaries ($112K) annually, making for a very well-paid profession. In the world of Chief Compliance Officers, total cash compensation can vary between $64K and $223K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $55K and $26K, respectively. Geography is the biggest factor affecting pay for this group, followed by career duration. Job satisfaction is high and work is enjoyable for most Chief Compliance Officers. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 55 percent. This report is based on responses to the PayScale salary survey.
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$63,478 - $192,448
$63K
$110K
$190K
MEDIAN: $112,483
10%
50%
90%

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$12.16 - $98.63
$12
$20
$99
MEDIAN: $20.41
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
$63,478 - $192,448  
   
Bonus
$1,496 - $54,642  
Profit Sharing
$0.00 - $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).
)
$64,274 - $222,659  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 671
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
$12.16 - $98.63  
   
Overtime
$13.89  
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
$1,496 - $54,642  
   
Profit Sharing
$0.00 - $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).
)
$64,274 - $222,659  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 11

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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

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

Chief Compliance Officer Job Listings

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Popular Skills for Chief Compliance Officer


Chief Compliance Officers seem to require a number of specific skills. Most notably, skills in Anti-Money Laundering, Legal Compliance, Compliance, and Risk Management / Risk Control are correlated to pay that is above average. Policy Development and HIPAA Compliance as skills, however, tend to be associated with significantly smaller paychecks. 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.


The average beginner in this position makes around $81K, but folks who have been around for five to 10 years see a markedly higher median salary of $111K. The average pay reported by folks with 10 to 20 years of experience is around $140K. For some reason, Chief Compliance Officers with more than two decades of experience report lower paychecks overall; the median sum in this group sits near $137K.

Pay Difference by Location

National Average: $119,287

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

For Chief Compliance Officers, busy Houston offers a higher-than-average pay rate, 58 percent above the national average. Chief Compliance Officers can also look forward to large paychecks in cities like New York (+52 percent), Los Angeles (+36 percent), Chicago (+26 percent), and Atlanta (+26 percent). In Dallas, salaries are 8 percent below the national average and represent the lowest-paying market. Below-median salaries also turn up in Phoenix and Cincinnati (7 percent lower and 6 percent lower, respectively).

Related Job Salaries

Key Stats for Chief Compliance Officer

Gender

Female
55 %
Male
45 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 97 votes.
Less than 1 year
1%
1-4 years
15%
5-9 years
18%
10-19 years
38%
20 years or more
29%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Chief Compliance Officer Salaries

▲17%

▲15%

National Average
$119,000

▼7%

▼32%

Skills That Affect Chief Compliance Officer Salaries

Anti-Money Laundering (AML)
▲16%





National Average
$119,000

HIPAA Compliance
▼25%

Policy Development
▼32%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 97 votes.

Gender

Female
55 %
Male
45 %

Years of Experience

Less than 1 year
1%
1-4 years
15%
5-9 years
18%
10-19 years
38%
20 years or more
29%

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 72%
vision benefits
Vision: 61%
dental benefits
None: 14%
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