Entry-Level Compliance Officer Salary
The average pay for an Entry-Level Compliance Officer is $58,559 per year. A skill in Anti-Money Laundering (AML) is associated with high pay for this job.
$37,592 - $91,430
$12.27 - $25.68
Compliance Officer (but not Agriculture, Construction, Health / Safety, or Transportation) Job Listings
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Compliance Officer Advice
What do you wish you knew about your job when you first started out?
Compliance Officer in Salt Lake City:
"Be Flexible and Optimistic."
Know the FAR inside and out this will help with keeping compliant. Having Standards of work created for each action you do. Keep up on your continued education always stay current with new trainings.
Compliance Officer in Los Angeles:
"The operational aspects of the job."
Understand the laws and regulations and how to apply them in your work environment.
Compliance Officer in Baltimore:
More and more regulations are occurring and the scrutiny from the regulators continues to increase. Given these factors, there is a large need for knowledgeable compliance people. Know your craft well and be nimble and flexible in the face of change.
Compliance Officer in San Luis Obispo:
"Bank Compliance And The Explosion Of Regulatory Oversight."
Compliance Officers today exist in a world of conflicting regulations, interpretation of rules, rapidly changing rules, risk assessments, audits and examinations. It's like a non-stop ride on a roller coast - exciting, but leaves you breathless and more than a little scared. But if you flourish in an dysfunctional environment, thus is the life for you. Knowledge is only the beginning. You must also develop skills as a politician, and nurse maid, but keep from becoming a compliance bully. The "you will because I told you to" approach is guaranteed to not only make your job as a compliance officer harder, but can also diminish your effectiveness. The best compliance officers are multi-faceted detail oriented politicians. You have to know your stuff and then be able get all levels of management to listen and accept your recommendations. The hardest aspect is to remember that while you can provide, accurate advice, executive management makes the final risk decisions.
Compliance Officer in San Rafael:
"Communication Skills Are Paramount."
As a Compliance Officer you must know regulations; however, application of the regulations defers dependent on the organization. Therefore, one of the strongest skills needed to be an effective Compliance Officer is influential communication. As a Compliance Officer you must be able to influence change, manage difficult situations and promote a culture of compliance or the topic of compliance becomes a dusty manual no one reads and your position is close to irrelevant (until the auditor arrives).