Chief Compliance Officer Salary

Wages for Chief Compliance Officers in the United States are generous, with average pay above six figures ($102K) per year. In the world of Chief Compliance Officers, total cash compensation can vary between $58K and $218K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $50K and $23K, respectively. Geographic location is the biggest factor affecting pay for this group, followed by career length. Most report receiving medical coverage from their employers and the larger part collect dental insurance. Most Chief Compliance Officers like their work and job satisfaction is high. Women make up a slight majority of Chief Compliance Officers (56 percent) survey respondents. Respondents to the PayScale salary survey provided the data for this report.
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$57,705 - $184,097
(Median)
$58K
$100K
$180K
MEDIAN: $102,014
10%
50%
90%

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$12.25 - $70.96
(Median)
$12
$27
$71
MEDIAN: $27.00
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
$57,705 - $184,097  
   
Bonus
$516 - $50,484  
Profit Sharing
$750 - $22,500  
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).
)
$57,837 - $217,575  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 944
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
$516 - $50,484  
   
Profit Sharing
$750 - $22,500  
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).
)
$57,837 - $217,575  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 17

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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


Chief Compliance Officers who responded to the survey report just a handful of professional skills. Most notably, facility with Legal Compliance and Regulatory Compliance are correlated to pay that is significantly above average, leading to increases of 21 percent and 3 percent, respectively. Most people who know Regulatory Compliance also know Compliance (Financial) and Legal Compliance. Most people skilled in Risk Management / Risk Control are similarly competent 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.


Inexperienced workers earn around $81K, but people who have been around for five to 10 years pull down a much higher average of $106K. On average, Chief Compliance Officers make $130K following one to two decades on the job. Respondents who boast more than 20 years of experience can't seem to boast paychecks reflecting that extensive experience, though; veteran Chief Compliance Officers report making only $126K on average.

Pay Difference by Location


With a pay rate for Chief Compliance Officers that is 56 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 (+54 percent), San Francisco (+38 percent), New York (+36 percent), and Atlanta (+26 percent). The lowest-paying market is Pittsburgh, which sits 32 percent below the national average, proving that location is a significant contributor to overall pay.

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 214 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: 84% dental benefits Dental: 69%
vision benefits Vision: 54% employee benefits None: 12%