Compliance Associate Salary

Compliance Associates in the United States can expect to earn an average of $56K annually. Cash earnings for Compliance Associates — including $15K in bonuses and $9K in profit sharing proceeds near the top of the pay scale — generally stretch from $31K to $93K depending on individual performance. Compensation for this group is mainly affected by geographic location, but the specific employer and tenure are influential factors as well. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the larger part. Most workers in this position report high levels of job satisfaction. Female Compliance Associates are more common than men among those who completed the survey; more than half (63 percent) are women. This snapshot results from replies to PayScale's salary survey.

$36,780 - $91,026
$37K
$56K
$91K
MEDIAN: $55,761
10%
50%
90%

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$11.86 - $26.86
$12
$17
$27
MEDIAN: $16.68
10%
50%
90%

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$0$93K
Salary $36,780 - $91,026
Bonus $412.17 - $14,971
Profit Sharing $-0.50 - $8,564
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).
)
$31,125 - $93,291
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 264
Hourly Data $0$46
Hourly Rate $11.86 - $26.86
Overtime $17.41 - $46.39
Annual Data $0$93K
Bonus $412.17 - $14,971
Profit Sharing $-0.50 - $8,564
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).
)
$31,125 - $93,291
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 103

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United States (change)

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Job Description for Compliance Associate

A compliance associate ensures that their company’s employees comply with all guidelines, management directives, and human resources policies. They make sure staff members conform to industry practices and professional standards in all activities, with specific practices and standards depending on the company and field. Other tasks completed by the compliance associate include investigating and resolving compliance issues, implementing procedures for monitoring compliance guidelines, maintaining files and databases of all records relating to compliance and risk, and participating in compliance audits. They are also responsible for reviewing agency reports, formulating responses and corrective actions regarding agency reports, and distributing information regarding new and ongoing requirements. Compliance associates generally work full time in an office setting; these professionals may work in a variety of fields.

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Compliance Associate Tasks

  • Discipline and/or re-train employees in the event of compliance guideline violations.
  • Assist with training new employees on compliance procedures and answer questions regarding policies.
  • Conduct monthly and yearly branch/departmental compliance reviews.
  • Research and report on regulatory changes to ensure compliance.

Common Career Paths for Compliance Associate


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Many Compliance Associates advance their careers by becoming Compliance Officers, who report a slightly higher median income of $60K.

Compliance Associate Job Listings

Popular Employer Salaries for Compliance Associate


Popular Skills for Compliance Associate


Survey results imply that Compliance Associates put a diverse skill set to use. Most notably, facility with Internal Audit, Anti-Money Laundering (AML), and Legal Compliance are correlated to pay that is significantly above average, leading to increases of 21 percent, 15 percent, and 13 percent, respectively. Skills that pay less than market rate include Auditing and Data Analysis. Most people experienced in Compliance also know Anti-Money Laundering (AML).

Pay by Experience Level for Compliance Associate

Pay by Experience for a Compliance Associate has a positive trend. An entry-level Compliance Associate with less than 5 years of experience can expect to earn an average total compensation of $49,000 based on 262 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Compliance Associate with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $66,000 based on 74 salaries. An experienced Compliance Associate which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $68,000 based on 29 salaries. A Compliance Associate with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $73,000 based on 11 salaries.

Pay Difference by Location

National Average: $52,957

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

For those looking to make money, Compliance Associates in New York enjoy an exceptional pay rate, 44 percent above the national average. Compliance Associates can also look forward to large paychecks in cities like Houston (+35 percent), Boston (+34 percent), Dallas (+30 percent), and Jacksonville (+25 percent). Place of residence plays a huge part in a Compliance Associate's salary, with Washington Compliance Associates earning salaries that are 27 percent less than the national average. Employers pay around 24 percent less in Pittsburgh and 19 percent less in Indianapolis, below-median salaries for those in this field.

Compliance Associate Reviews

Q: What is it like working as a Compliance Associate?

Compliance Associate in Newtown Square:
"Stressful."
Pros: The people I work with, PTO, and my hours.
Cons: Lack of communication. Lack of organization. Lack of leadership. Lack of respect. No teamwork.

Related Job Salaries

Key Stats for Compliance Associate

Gender

Female
63 %
Male
37 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 55 votes.
Less than 1 year
8%
1-4 years
62%
5-9 years
20%
10-19 years
7%
20 years or more
3%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Compliance Associate Salaries

Late-Career
▲37%

▲28%

▲24%

National Average
$53,000

▼8%

Skills That Affect Compliance Associate Salaries

Internal Audit
▲21%






National Average
$53,000

Data Analysis
▼10%

Auditing
▼18%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 55 votes.

Gender

Female
63 %
Male
37 %

Years of Experience

Less than 1 year
8%
1-4 years
62%
5-9 years
20%
10-19 years
7%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 77%
vision benefits
Vision: 69%
no benefits
None: 10%
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