Compliance Officer Salary

Compliance Officers in the United States take home an average $61K annually. Individual bonuses, profit sharing and commission for Compliance Officers — as high as $13K, $10K and $22K, respectively — each contribute to the degree of variation within overall compensation, ranging from $35K to $103K. Compensation for this group is mainly affected by the company, but geography and experience level are influential factors as well. Job satisfaction for Compliance Officers is high. Female Compliance Officers are more common than men among those who completed the survey; more than half (64 percent) are women. Medical benefits are awarded to most, and a strong majority earn dental coverage. Respondents to the PayScale salary survey provided the data for this report.

$38,470 - $100,246
(Median)
$38K
$61K
$100K
MEDIAN: $60,932
10%
50%
90%

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$12.23 - $30.39
(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
$38,470 - $100,246  
   
Bonus
$0.00 - $13,287  
Profit Sharing
$501 - $9,902  
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).
)
$34,700 - $103,110  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 1,966
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
$12.23 - $30.39  
   
Overtime
$13.40 - $37.45  
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 - $13,287  
   
Commission
$0.00 - $21,852  
Profit Sharing
$501 - $9,902  
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).
)
$34,700 - $103,110  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 295
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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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Compliance Officers who transition into a VP of Compliance role may receive large pay increases as the latter position pays an average $101K per year. Typical career progression for a Compliance Officer involves becoming a Chief Compliance Officer or a Senior Compliance Officer, roles that pay $41K more and $14K 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


Citibank leads the field in terms of pay, with a median salary of $115K.

With a median salary of $66K, J.P. Morgan Chase & Co. (JPMCC) provides Compliance Officers with the lowest pay in their field; moreover, earnings are capped at only $83K, limiting employee salary growth.

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, Regulatory Compliance, and Anti-Money Laundering 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 Operations Management also typically command lower compensation. The majority of those who know Legal Compliance also know Compliance (Financial).

Pay by Experience Level for Compliance Officer

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


For many Compliance Officers, extensive experience does not lead to significantly more money. 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. Compliance Officers claiming one to two decades of experience make an estimated median of $70K. Compliance Officers who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $73K.

Pay Difference by Location


With a pay rate for Compliance Officers that is 45 percent greater than the national average, New York offers a comfortable salary for those in this profession. Compliance Officers can also look forward to large paychecks in cities like Washington (+44 percent), San Francisco (+41 percent), Boston (+30 percent), and Los Angeles (+28 percent). San Antonio is the lowest-paying area, 6 percent south of the national average. Two other places where employers offer below-median salaries are Milwaukee (4 percent less) and Houston (3 percent less).

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.

Related Job Salaries

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Experience Affects Compliance Officer Salaries




National Average
$59,000


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
up arrow 1%

National Average
$59,000

Auditing
up arrow 1%

Trade Compliance
up arrow 2%

Internal Audit
up arrow 4%

Operations Management
up arrow 9%

Safety Compliance
up arrow 22%

Account Management
up arrow 38%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 401 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: 56% employee benefits None: 12%
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