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Chief Compliance Officer Salary

Salaries for Chief Compliance Officers in the United States are generous, with average pay above six figures ($102K) per year. Total incomes of Chief Compliance Officers incorporate potential for, in a few cases, more than $50K from bonuses and close to $25K from profit sharing; these performance components cause packages to range between $57K and $218K. Geography and years of experience each impact pay for this group, with the former having the largest influence. Most Chief Compliance Officers like their work and job satisfaction is high. Women Chief Compliance Officers who took the survey just slightly outnumber men. Medical benefits are awarded to a large number, and the greater part earn dental coverage. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$56,942 - $185,499
(Median)
$57K
$100K
$190K
MEDIAN: $101,738
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
$56,942 - $185,499  
   
Bonus
$509 - $50,356  
Profit Sharing
$750 - $25,000  
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).
)
$56,875 - $218,218  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 941
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
$509 - $50,356  
   
Profit Sharing
$750 - $25,000  
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).
)
$56,875 - $218,218  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 19
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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 report a narrow range of specific skills. Most notably, skills in Legal Compliance, Regulatory Compliance, Compliance, and Risk Management / Risk Control are correlated to pay that is above average. It is often found that people who know Regulatory Compliance are also skilled in Compliance (Financial) and Legal Compliance. Most people familiar with Risk Management / Risk Control 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.


Respondents with less than five years' experience take home $82K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $105K. Chief Compliance Officers bring in $130K after working for 10 to 20 years. People who have worked for 20 years or more actually report earning less than people who are in the middle of their careers; the veterans take home a mere $126K by contrast.

Pay Difference by Location


Surpassing the national average by 59 percent, Chief Compliance Officers in Boston receive some of the highest pay in the country. Chief Compliance Officers will also find cushy salaries in Los Angeles (+55 percent), San Francisco (+39 percent), Seattle (+39 percent), and New York (+38 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.

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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 2%

Compliance (Financial)
up arrow 2%

National Average
$110,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 199 votes.

Gender

Female
56 %
Male
44 %

Years of Experience

Less than 1 year
1%
1-4 years
17%
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: 55% employee benefits None: 12%
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