Compliance Officer Salary

Compliance Officers in the United States take home an average $61K annually. With bonuses occasionally running north of $13K, profit sharing proceeds sometimes surpassing $10K, and a few commissions as high as $22K, total income for Compliance Officers can range between $35K and $103K according to individual performance. The most important factor affecting compensation for this group is the company, followed by geography and experience level. Job satisfaction is high and work is enjoyable for most Compliance Officers. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Compliance Officers survey participants are largely women, dominating at 64 percent. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$38,501 - $100,212
(Median)
$39K
$61K
$100K
MEDIAN: $61,011
10%
50%
90%

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$12.21 - $30.33
(Median)
$12
$18
$30
MEDIAN: $17.00
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$50K$100K$150K
Salary
$38,501 - $100,212  
   
Bonus
$0.00 - $13,168  
Profit Sharing
$503 - $9,853  
Commission
$0.00 - $21,852  
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).
)
$34,717 - $102,838  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 1,988
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
$12.21 - $30.33  
   
Overtime
$12.97 - $37.81  
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 - $13,168  
   
Commission
$0.00 - $21,852  
Profit Sharing
$503 - $9,853  
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).
)
$34,717 - $102,838  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 299
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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

  • 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.

Common Career Paths for Compliance Officer


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At the upper end, Compliance Officers who move into a VP of Compliance role can end up with a hefty increase in pay. The average income for Compliance VPs is a much higher $101K per year. Compliance Officers typically move into roles as Chief Compliance Officers or Senior Compliance Officers, and those positions pay $41K more and $14K more, respectively.

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

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Popular Employer Salaries for Compliance Officer


Citibank offers the largest salaries in town — $115K on average.

Salaries are easily beat at J.P. Morgan Chase & Co. (JPMCC), where median pay comes to just $66K, the lowest in the field. What's more, with base pay starting at $48K and ending at $83K, range in salary is rather small.

Popular Skills for Compliance Officer


Survey participants wield an impressively varied skill set on the job. Most notably, skills in Legal Compliance, Risk Management / Risk Control, Regulatory Compliance, and HIPAA Compliance are correlated to pay that is above average, with boosts between 6 percent and 13 percent. Those listing Account Management as a skill should be prepared for drastically lower pay. Safety Compliance and Microsoft Excel also typically command lower compensation. Those educated in Legal Compliance tend to be well versed in Compliance (Financial).

Pay by Experience Level for Compliance Officer

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


Compliance Officers do not generally earn higher incomes from more experience in the field. Salaries of relatively inexperienced workers fall in the neighborhood of $51K, but folks who have racked up five to 10 years see a notably higher median of $63K. For Compliance Officers, 10 to 20 years of experience on the job amounts to an average salary of $70K. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $73K.

Pay Difference by Location


Surpassing the national average by 45 percent, Compliance Officers in New York receive some of the highest pay in the country. Compliance Officers can also look forward to large paychecks in cities like Washington (+44 percent), San Francisco (+40 percent), Boston (+30 percent), and Los Angeles (+30 percent). San Antonio is home to the smallest salaries in the field, lagging the national average by 6 percent. Milwaukee and Houston are a couple other places where companies are known to pay below the median — salaries are 4 percent lower and 3 percent lower, respectively.

Compliance Officer Reviews

What is it like working as a Compliance Officer?

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

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Experience Affects Compliance Officer Salaries




National Average
$60,000


Skills That Affect Compliance Officer Salaries




Anti-Money Laundering (AML)
up arrow 4%

HIPAA Compliance
up arrow 4%

Project Management
up arrow 2%

Compliance (Financial)
up arrow 1%

Bank Security Act Compliance
0%

National Average
$60,000

Auditing
up arrow 1%

Trade Compliance
up arrow 3%

Internal Audit
up arrow 4%

Operations Management
up arrow 9%

Microsoft Excel
up arrow 17%

Safety Compliance
up arrow 22%

Account Management
up arrow 38%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 400 votes.

Gender

Female
64 %
Male
36 %

Years of Experience

Less than 1 year
4%
1-4 years
37%
5-9 years
27%
10-19 years
23%
20 years or more
10%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 71%
vision benefits Vision: 57% employee benefits None: 12%
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