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Chief Compliance Officer Salary

Average pay for Chief Compliance Officers in the United States is more than reasonable, with annual salaries pushing past the six-figure mark ($110K). In the world of Chief Compliance Officers, total cash compensation can vary between $57K and $218K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $51K and $21K, respectively. Geography and tenure each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 57 percent. For the most part, Chief Compliance Officers enjoy their work and report high levels of job satisfaction. The data in this summary comes from the PayScale salary survey.
$56,678 - $184,071
(Median)
57K
76K
100K
140K
180K
MEDIAN: $101,044
10%
25%
50%
75%
90%

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$12.25 - $70.96
(Median)
12
18
25
50
71
MEDIAN: $25.00
10%
25%
50%
75%
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
$56,678 - $184,071  
   
Bonus
$721 - $50,617  
Profit Sharing
$997 - $20,664  
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).
)
$57,350 - $217,759  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 951
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
$12.25 - $70.96  
   
Overtime
$6.00 - $34.49  
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
$721 - $50,617  
   
Profit Sharing
$997 - $20,664  
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).
)
$57,350 - $217,759  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 17
United States (change)

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


Chief Compliance Officers usually report a few specific skills. Lucky workers who know Legal Compliance can expect a significant pay bump, scoring salaries 21 percent above average. Regulatory Compliance and Risk Management / Risk Control are also correlated to pay that is above average, with increases between 4 percent and 21 percent. Those proficient in Regulatory Compliance are, more often than not, also skilled in Compliance (Financial) and Legal Compliance. Those proficient in Risk Management / Risk Control are, more often than not, also skilled in 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.


Workers in their first five years can expect to earn $79K, but people who have been around for five to 10 years earn a noticeably bigger sum of $102K. On average, Chief Compliance Officers make $130K following one to two decades on the job. Folks with more than two decades of experience actually report lower incomes overall; their average comes out to a mere $126K.

Pay Difference by Location


For those looking to make money, Chief Compliance Officers in Los Angeles enjoy an exceptional pay rate, 60 percent above the national average. Chief Compliance Officers will also find cushy salaries in Boston (+55 percent), New York (+39 percent), San Francisco (+28 percent), and San Diego (+25 percent). Chief Compliance Officers in Pittsburgh take home the lowest salaries, earning a whopping 32 percent less than the national average. Not at the bottom but still paying below the median are employers in Dallas and Miami (11 percent lower and 6 percent lower, respectively).

Related Job Salaries

Experience Affects Chief Compliance Officer Salaries



National Average
$110,000



Skills That Affect Chief Compliance Officer Salaries


Regulatory Compliance
up arrow 4%

Risk Management / Risk Control
up arrow 4%

Compliance (Financial)
up arrow 3%

National Average
$110,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 241 votes.

Gender

Female
57 %
Male
43 %

Years of Experience

Less than 1 year
0%
1-4 years
17%
5-9 years
20%
10-19 years
37%
20 years or more
26%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 71%
vision benefits Vision: 55% employee benefits None: 12%