Sr. Compliance Officer Salary

Senior Compliance Officers in the United States pull down an average of $80K annually. Cash earnings for Senior Compliance Officers — which occasionally include more than $21K from bonuses and more than $15K from profit sharing — stretch from around $51K to approximately $137K. Compensation for this group is mainly affected by residence, but years of experience and the specific company are influential factors as well. The majority of workers are highly satisfied with their job. Nearly all report receiving medical coverage from their employers and most collect dental insurance. Women Senior Compliance Officers who took the survey just slightly outnumber men. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$51,526 - $123,276
(Median)
$52K
$80K
$120K
MEDIAN: $80,345
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
$51,526 - $123,276  
   
Bonus
$97.87 - $20,617  
Profit Sharing
$486.05 - $14,836  
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).
)
$50,550 - $136,938  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 354
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Job Description for Sr. Compliance Officer

A senior compliance officer is primarily responsible for the design and integration of their business’ merchandising, sourcing, and marketing framework. Knowledge of compliance and safety requirements is needed, as is the ability to develop strategies to respond to compliance risks. Another important responsibility of a senior compliance officer is to ensure the company is meeting all regulatory requirements for products and business reporting. They also assist others in working with department managers in developing and/or implementing plans of action to guarantee compliance.

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Sr. Compliance Officer Tasks

  • Oversee and monitor the implementation of the compliance program.
  • Respond to compliance offenses, develop corrective action, and establish time frames for company to implement changes.
  • Inspect business to ensure standards, regulations and laws are followed by employees and management and provide issue reports to management.
  • May establish a compliance committee.

Sr. Compliance Officer Job Listings

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Popular Employer Salaries for Sr. Compliance Officer


Not only do salaries lack room to grow — pay ranges from $59K to just $99K — but J.P. Morgan Chase & Co. (JPMCC) offers the lowest pay in town to boot, with a median paycheck of $77K.


Survey takers who work as Senior Compliance Officers report a focused set of job skills. Regulatory Compliance and Compliance are considered valuable skills and can increase employee pay. At the other end of the pay range are skills like Compliance.

Pay by Experience Level for Sr. Compliance Officer

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


Experience and pay tend to be weakly linked for Senior Compliance Officers — those with more experience do not necessarily bring in higher earnings. Workers in their first five years can expect to earn $71K, but people who have been around for five to 10 years earn a noticeably bigger sum of $87K. Senior Compliance Officers with one to two decades of relevant experience report an average salary of approximately $93K. Veterans who boast more than two decades of experience make around $101K on average — an ample six-figure paycheck.

Pay Difference by Location


Surpassing the national average by 16 percent, Senior Compliance Officers in Chicago receive some of the highest pay in the country. Senior Compliance Officers will also find cushy salaries in New York (+9 percent). Place of residence plays a huge part in a Senior Compliance Officer's salary, with San Antonio Senior Compliance Officers earning salaries that are 30 percent less than the national average. Employers in Columbus and Charlotte also lean toward paying below-median salaries (21 percent lower and 14 percent lower, respectively).

Sr. Compliance Officer Advice

What do you wish you knew about your job when you first started out?

Sr. Compliance Officer in Birmingham:
"Career Opportunities."
Look at large financial center cities. There are plenty of opportunities for new graduates. Stick with it.

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Experience Affects Sr. Compliance Officer Salaries

Late-Career
up arrow 20%


Mid-Career
up arrow 3%

National Average
$85,000

Entry-Level
up arrow 16%

Skills That Affect Sr. Compliance Officer Salaries

Regulatory Compliance
up arrow 4%

National Average
$85,000

Compliance (Financial)
up arrow 7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 67 votes.

Gender

Female
56 %
Male
44 %

Years of Experience

Less than 1 year
1%
1-4 years
18%
5-9 years
30%
10-19 years
35%
20 years or more
15%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 81%
vision benefits Vision: 66% employee benefits None: 7%
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