International Trade Compliance Manager Salary
International Trade Compliance Managers in the United States with more than 10 years of experience in their profession represent just under two-thirds of International Trade Compliance Managers. Salaries average out to around $85K per year and spread from $55K to $134K per year. Overall cash earnings for International Trade Compliance Managers vary widely between $55K and $134K; for a few high rollers, the final number can encompass upwards of $18K each from bonuses and profit sharing proceeds. Geography and career duration each impact pay for this group, with the former having the largest influence. Medical and dental benefits are awarded to almost all, and a fair number earn vision coverage. Women make up a slight majority of International Trade Compliance Managers (53 percent) survey respondents. Most International Trade Compliance Managers report high levels of job satisfaction.
Job Description for International Trade Compliance Manager
International trade compliance managers are responsible for managing all compliance aspects of international trade on behalf of their organization. They are in charge of leading a team of trade professionals to fulfill all company and government requirements for their trade projects. In addition, these individuals create effective export and import initiatives to increase productivity and reduce trade-related issues. The international trade compliance manager's main functions also include verifying trade documents, authorizing business decisions, reviewing marketing and execution documentation, and managing the development and submission of transaction licenses, agreements, and other regulatory appeals.Read More...
International trade compliance managers lead a team to solve all compliance situations in a timely manner, as well as help resolve complex trade licensing problems. They must supervise project progress and team members' work, in addition to providing expert advice related to trade opportunities. International trade compliance managers also establish guidelines for assessments and trade audits, review compliance performance, and write detailed reports about possible changes to their company's international trade structure and processes. They also conduct briefings and training for mitigating risk and modify existing practices regarding compliance and regulatory problems as needed.
At least a bachelor's degree in a relevant field is required for this job, as well as relevant experience. Leadership and industry certifications may be beneficial. International trade compliance managers must possess strong communication skills and analytical abilities, as well as excellent leadership skills.
International Trade Compliance Manager Tasks
- Create and update customs and regulatory policy, documentation and processes.
- Support and train staff on regulations, policies and best practices.
- Review and update customs documentation, including declarations and coding.
- Cultivate relations with government and customs entities to encourage communication.
- Lead, evaluate and make recommendations based on audits and identified risks.
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Popular Skills for International Trade Compliance Manager
International Trade Compliance Managers generally report applying a varied skill set to their work. Most notably, skills in Regulatory Compliance, Trade Compliance, Export Compliance, and Import Compliance are correlated to pay that is above average. At the other end of the pay range are skills like Logistics and Import Compliance. Those educated in Regulatory Compliance tend to be well versed in Export Compliance.
Pay by Experience Level for International Trade Compliance Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For International Trade Compliance Managers, more experience in the field does not usually mean bigger paychecks. Relatively untried employees who have fewer than five years of experience earn around $71K on average. People who have worked for five to 10 years can expect a higher median salary of $81K. On average, International Trade Compliance Managers make $92K following one to two decades on the job. International Trade Compliance Managers 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 $102K.
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Key Stats for International Trade Compliance Manager
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