Compliance Officer Salary

Median pay for Compliance Officers in the United States lies in the neighborhood of $66K annually. Total cash compensation to Compliance Officers approaches anywhere from $36K on the lower end to $107K on the higher end; in exceptional cases, this can include more than $16K from bonuses and upwards of $9K from profit sharing. Earnings for this group are mostly affected by geographic location, followed by the specific employer and experience level. Medical benefits are awarded to most, and a strong majority earn dental coverage. Female Compliance Officers survey participants are more prevalent than men — 64 percent of professionals. Most Compliance Officers report high levels of job satisfaction.

$40,818 - $105,614
$41K
$66K
$110K
MEDIAN: $66,336
10%
50%
90%

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$13.18 - $28.80
$13
$18
$29
MEDIAN: $17.98
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$50K$100K$150K
Salary
$40,818 - $105,614  
   
Bonus
$295.90 - $16,496  
Profit Sharing
$0.00 - $8,557  
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).
)
$36,365 - $107,499  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 1,591
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$25$50$75
Hourly Rate
$13.18 - $28.80  
   
Overtime
$14.74 - $42.80  
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$50K$100K$150K
Bonus
$295.90 - $16,496  
   
Profit Sharing
$0.00 - $8,557  
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).
)
$36,365 - $107,499  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 273

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Compliance Officer

A company's compliance officer generally is in charge of supervising and handling issues related to compliance with laws or regulations, including making sure that the company is up to date with its licensing requirements. Often, they must report their findings to the organization's governing body and recommend any needed changes. This job is particularly essential in heavily regulated industries such as health care and financial services.

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Compliance Officer Tasks

  • Assess product, compliance, or operational risks and develop risk management strategies.
  • Conduct periodic internal reviews or audits to ensure that compliance procedures are followed.
  • Conduct or direct the internal investigation of compliance issues.
  • Oversee and monitor activities for compliance with company, state and federal regulations.

Common Career Paths for Compliance Officer


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Compliance Officers sometimes assume positions such as Compliance VPs. That role pays $104K per year on average. Typical career progression for a Compliance Officer involves becoming a Chief Compliance Officer or a Senior Compliance Officer, roles that pay $40K more and $13K more on average.

Compliance Officer (but not Agriculture, Construction, Health / Safety, or Transportation) Job Listings

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Popular Employer Salaries for Compliance Officer


J.P. Morgan Chase & Co. (JPMCC), Wells Fargo & Co., Citibank, MassMutual Financial Group, and Ameriprise Financial, Inc. are some prominent firms with considerable interest in employing a large team of Compliance Officers. The biggest paychecks can be found at Citigroup, Inc. — the median salary there is $93K. Other employers shelling out big bucks include Deutsche Bank, Citibank, and J.P. Morgan Chase & Co. (JPMCC), where Compliance Officers typically earn around $90K, $80K, or $77K, respectively.

Wells Fargo & Co., Fifth Third Bank (5/3 Bank), and The Northwestern Mutual Life Insurance Company are a few other employers known for handing out relatively lightweight salaries ($66K, $68K, and $68K respectively).

Popular Skills for Compliance Officer


Compliance Officers report using a large range of skills on the job. Most notably, skills in Legal Compliance, Risk Management / Risk Control, Compliance, and Anti-Money Laundering are correlated to pay that is above average, with boosts between 5 percent and 11 percent. Those listing Safety Compliance as a skill should be prepared for drastically lower pay. Project Management and Trade Compliance also typically command lower compensation. Those proficient in Compliance are, more often than not, also skilled in Legal Compliance and Auditing. Most people experienced in Regulatory Compliance also know Auditing and Legal Compliance.

Pay by Experience Level for Compliance Officer

Pay by Experience for a Compliance Officer has a positive trend. An entry-level Compliance Officer with less than 5 years of experience can expect to earn an average total compensation of $54,000 based on 982 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Compliance Officer 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 620 salaries. An experienced Compliance Officer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $80,000 based on 479 salaries. A Compliance Officer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $79,000 based on 192 salaries.

Pay Difference by Location

National Average: $62,913

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

For those looking to make money, Compliance Officers in San Francisco enjoy an exceptional pay rate, 57 percent above the national average. Compliance Officers can also look forward to large paychecks in cities like New York (+45 percent), Los Angeles (+25 percent), Seattle (+23 percent), and Chicago (+21 percent). Houston is the lowest-paying area, 18 percent south of the national average. Workers in Atlanta and Phoenix earn salaries that trail the national average for those in this profession (17 percent less and 10 percent less, respectively).

Compliance Officer Reviews

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

Compliance Officer in Oklahoma City:
"Compliance Officer/ wires."
Pros: I like that I am able to still work 40 hours a week and continue my education. I like the multitasking and responsibility given to me to make transactions go through.
Cons: Certain people are treated as higher up because of their level of education compared to others. Some of the different management within the organization is too lenient where it affects work getting done. There is also a lot of stress put onto you in my position. I may have 5 minutes to check an AML and check off people involved in the transaction with my signature all over the sheet. If something happens to go wrong (people involved in transaction are active criminals with money laundering/drug dealing) getting away with a transaction, my name is involved in the checking process which could get me into trouble.

Compliance Officer in Rockford:
"Flexible Work."
Pros: Opportunity to learn and share what I have learned.
Cons: Lack of guidance.

Related Job Salaries

Key Stats for Compliance Officer

Gender

Female
64 %
Male
36 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 246 votes.
Less than 1 year
3%
1-4 years
39%
5-9 years
26%
10-19 years
22%
20 years or more
10%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Compliance Officer Salaries

▲27%

▲25%

▲4%

National Average
$63,000

▼13%

Skills That Affect Compliance Officer Salaries






National Average
$63,000


▼6%




Operations Management
▼14%

Security Policies and Procedures
▼15%

Trade Compliance
▼20%

Project Management
▼21%

Safety Compliance
▼42%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 246 votes.

Gender

Female
64 %
Male
36 %

Years of Experience

Less than 1 year
3%
1-4 years
39%
5-9 years
26%
10-19 years
22%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 72%
vision benefits
Vision: 62%
no benefits
None: 13%