Chief Compliance Officer Salary

The three highest-paying cities for Chief Compliance Officers can all be found on the East Coast: Philadelphia, New York, and Boston. Total cash compensation to Chief Compliance Officers approaches anywhere from $61K on the lower end to $231K on the higher end; in exceptional cases, this can include more than $57K from bonuses and upwards of $26K from profit sharing. Residence is the biggest factor affecting pay for this group, followed by career duration. The majority of Chief Compliance Officers claim high levels of job satisfaction. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 59 percent. Most enjoy medical while the greater part get dental coverage. Vision coverage is also available to over one-half. Respondents to the PayScale salary survey provided the data for this report.
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$61,230 - $195,105
(Median)
$61K
$100K
$200K
MEDIAN: $104,130
10%
50%
90%

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$12.03 - $60.82
(Median)
$12
$25
$61
MEDIAN: $25.00
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
$61,230 - $195,105  
   
Bonus
$200.00 - $57,476  
Profit Sharing
$5.93 - $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).
)
$61,044 - $231,092  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 1,004
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
$12.03 - $60.82  
   
Overtime
$17.48  
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
$200.00 - $57,476  
   
Profit Sharing
$5.93 - $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).
)
$61,044 - $231,092  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | 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.

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Popular Skills for Chief Compliance Officer


Chief Compliance Officers who responded to the survey indicated only a few skills that they use on the job. Most notably, skills in Legal Compliance, Regulatory Compliance, Risk Management / Risk Control, and Compliance (Financial) are correlated to pay that is above average. The majority of those 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.


Professionals with less than five years' experience earn a median of $82K annually, but folks with five to 10 years under their belts report a weighty six-figure median of $109K. Chief Compliance Officers who work for 10 to 20 years in their occupation tend to earn about $131K. Chief Compliance Officers who have racked up more than two decades of experience report lower incomes overall; the average sum for this crowd comes out to only $125K.

Pay Difference by Location

National Average: $112,525

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

Philadelphia, New York, and Boston — America's eastern region — boast salaries above the national rate for Chief Compliance Officers. Chief Compliance Officers in Pittsburgh make 31 percent less than the national average, proving that location is a major factor in pay.

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Experience Affects Chief Compliance Officer Salaries



National Average
$113,000



Skills That Affect Chief Compliance Officer Salaries


Regulatory Compliance
up arrow 3%

Risk Management / Risk Control
up arrow 1%

Compliance (Financial)
0%

National Average
$113,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 184 votes.

Gender

Female
59 %
Male
41 %

Years of Experience

Less than 1 year
1%
1-4 years
15%
5-9 years
20%
10-19 years
39%
20 years or more
26%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 68%
medical benefits
Vision: 54%
dental benefits
None: 13%
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