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Compliance Manager Salary

Average Compliance Managers in the United States make around $74K per year. Final cash compensation to Compliance Managers varies from around $45K to approximately $118K; choice pay grades include potential for bonuses and profit sharing as high as $18K and $10K, respectively. Residence is the biggest factor affecting pay for this group, followed by career length and the individual firm. Women account for the majority of Compliance Managers who responded to the questionnaire — 60 percent to be exact. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to the greater part. Job satisfaction is reported as high by the vast majority of workers. The numbers in this rundown were provided by PayScale's salary survey participants.
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$45,865 - $108,957
(Median)
$46K
$74K
$110K
MEDIAN: $73,955
10%
50%
90%

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$13.55 - $34.54
(Median)
$14
$20
$35
MEDIAN: $20
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$50K$100K$150K
Salary
$45,865 - $108,957  
   
Bonus
$0.00 - $18,067  
Profit Sharing
$481.77 - $10,406  
Commission
$0.00 - $7,250  
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).
)
$44,506 - $117,687  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 1,606
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$25$50$75
Hourly Rate
$13.55 - $34.54  
   
Overtime
$0.00 - $44.54  
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$50K$100K$150K
Bonus
$0.00 - $18,067  
   
Commission
$0.00 - $7,250  
Profit Sharing
$481.77 - $10,406  
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).
)
$44,506 - $117,687  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 99

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United States (change)


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Job Description for Compliance Manager

Compliance managers work on a company's legal, management, and compliance issues. They make sure that their company is up to date with all the regulatory requirements. Their tasks include conducting audits, identifying issues, filing reports, consulting with attorneys, assisting employees, analyzing sales, investigating customer complaints, guiding and teaching fellow employees, overseeing compliance systems, and verifying policies. Compliance managers typically need to be strong leaders, as well as strong communicators. This job is communication-heavy and requires frequent verbal and written communication with others. It is also helpful to be persuasive and an excellent problem solver; compliance managers generally have to analyze data and explain results to - and potentially persuade - higher management or attorneys.

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Compliance Manager Tasks

  • Perform routine internal audits to ensure that business is operating in accordance with regulations.
  • Consult with company about processes, practices, and systems and areas of improvement.
  • Create, implement, administer, and enforce policies, procedures and laws required for a company to operate in accordance with the law and regulations.
  • Establish and update a compliance manual.

Common Career Paths for Compliance Manager


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While Compliance Managers do not often become Chief Compliance Officers, the job pays $100K per year on average. Becoming a Compliance Director is, more often than not, the most common role that Compliance Managers move into when they're ready for the next step in their career. The average salary for the position is $97K. Another frequent advance is for Compliance Managers to assume a Compliance Officer role; in this role, workers often earn $58K.

Compliance Manager Job Listings

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Popular Employer Salaries for Compliance Manager


While select J.P. Morgan Chase & Co. (JPMCC) employees may bring in up to $124K, a median salary of only $88K — the lowest in the field — suggests a serious lag in the earnings department.

Popular Skills for Compliance Manager


Survey results imply that Compliance Managers deploy a deep pool of skills on the job. Most notably, skills in Internal Audit, Compliance, Risk Management / Risk Control, and Trade Compliance are correlated to pay that is above average, with boosts between 4 percent and 11 percent. Those listing Safety Compliance as a skill should be prepared for drastically lower pay. People Management and Legal Research also typically command lower compensation. Employees educated in Legal Compliance are typically practiced in Regulatory Compliance, too.

Pay by Experience Level for Compliance Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many Compliance Managers, extensive experience does not lead to significantly more money. Survey participants with less than five years' experience pocket $61K on average, but those with five to 10 years of experience enjoy a much bigger median of $78K. For Compliance Managers, 10 to 20 years of experience on the job amounts to an average salary of $83K. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $86K.

Pay Difference by Location


Home to some of the best pay for Compliance Managers, San Francisco offers exceptional salaries, 50 percent above the national average. Compliance Managers will also find cushy salaries in Los Angeles (+41 percent), Washington (+30 percent), Boston (+29 percent), and Philadelphia (+20 percent). Salt Lake City is the lowest-paying area, 15 percent south of the national average. Workers in San Diego and Cincinnati earn salaries that trail the national average for those in this profession (12 percent less and 8 percent less, respectively).

Compliance Manager Reviews

What is it like working as a Compliance Manager?

Compliance Manager in Indiantown:
"Office condition, work flexibility, stress level medium."
Pros: I like my job, I enjoy that I do so many different things.
Cons: I don't get paid enough to be in charge of so many things.

Related Job Salaries

United States (change)

Experience Affects Compliance Manager Salaries




National Average
$75,000


Skills That Affect Compliance Manager Salaries



Risk Management / Risk Control
up arrow 4%

Trade Compliance
up arrow 4%

Regulatory Compliance
up arrow 3%

Legal Compliance
up arrow 1%

Project Management
up arrow 1%

National Average
$75,000

Data Analysis
up arrow 1%

Auditing
up arrow 2%

Policy Analysis
up arrow 2%


People Management
up arrow 20%

Safety Compliance
up arrow 22%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 334 votes.

Gender

Female
60 %
Male
40 %

Years of Experience

Less than 1 year
1%
1-4 years
24%
5-9 years
32%
10-19 years
30%
20 years or more
14%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 79%
vision benefits Vision: 68% employee benefits None: 10%
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