Sr. Compliance Officer Salary

Senior Compliance Officers in the United States tend to be well-versed in their field, and around half have more than 10 years of experience. Average salary is expected to be around $85K per year, but may range from $59K to $156K per year. Final cash compensation to Senior Compliance Officers varies from around $59K to approximately $156K; choice pay grades include potential for bonuses and profit sharing as high as $30K and $6K, respectively. This group's pay is mainly influenced by location, followed by the company and experience level. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Most people in this profession are content with their work, and moderate levels of job satisfaction are reported. Women Senior Compliance Officers who took the survey just slightly outnumber men. This snapshot results from replies to PayScale's salary survey.

$60,290 - $140,758
$60K
$85K
$140K
MEDIAN: $84,969
10%
50%
90%

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$17.20 - $28.28
$22
MEDIAN: $22.50
50%

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$0$156K
Salary $60,290 - $140,758
Bonus $2,019 - $29,773
Profit Sharing $0.00 - $5,918
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).
)
$58,866 - $156,320
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 252
Hourly Data $0$30
Hourly Rate $22.50
Overtime $30.00
Annual Data $0$156K
Bonus $2,019 - $29,773
Profit Sharing $0.00 - $5,918
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).
)
$58,866 - $156,320
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 6

Find Out Exactly What You Should Be Paid

United States (change)

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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

  • 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.
  • 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.

Common Career Paths for Sr. Compliance Officer


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For Senior Compliance Officers, advancing into a VP of Compliance role, for which the median salary is $104K, is not common but it does happen. More often than not, a Chief Compliance Officer role is the next step for Senior Compliance Officers moving up in the field. Chief Compliance Officers usually make $103K per year. Many other Senior Compliance Officers choose to take on a Compliance Manager role, where salaries are typically $74K.

Sr. Compliance Officer Job Listings

Popular Employer Salaries for Sr. Compliance Officer


Citigroup, Inc. offers the highest compensation with a median salary of $127K.

Pay by Experience Level for Sr. Compliance Officer

Pay by Experience for a Sr. Compliance Officer has a positive trend. An entry-level Sr. Compliance Officer with less than 5 years of experience can expect to earn an average total compensation of $79,000 based on 69 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Sr. Compliance Officer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $94,000 based on 109 salaries. An experienced Sr. Compliance Officer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $97,000 based on 99 salaries. A Sr. Compliance Officer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $99,000 based on 37 salaries.

Pay Difference by Location

National Average: $89,426

Larger city markers indicate a job is popular in that location.

For Senior Compliance Officers, working in the bustling city of Boston has its advantages, including an above-average pay rate. Senior Compliance Officers will also find cushy salaries in Los Angeles (+48 percent), San Francisco (+28 percent), Chicago (+26 percent), and New York (+26 percent). Location is a huge contributor to overall pay, with Senior Compliance Officers in San Antonio earning a whopping 32 percent below the national average. Employers also pay below the national average in Columbus (25 percent lower) and Atlanta (21 percent lower).

Related Job Salaries

Key Stats for Sr. Compliance Officer

Gender

Female
58 %
Male
42 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 38 votes.
Less than 1 year
1%
1-4 years
18%
5-9 years
31%
10-19 years
35%
20 years or more
16%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Sr. Compliance Officer Salaries

Late-Career
▲11%

▲8%

▲5%

National Average
$89,000

▼12%

Skills That Affect Sr. Compliance Officer Salaries

Anti-Money Laundering (AML)
▲46%

Legal Compliance
▲35%

Regulatory Compliance
▼0%

National Average
$89,000

Compliance (Financial)
▼4%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 38 votes.

Gender

Female
58 %
Male
42 %

Years of Experience

Less than 1 year
1%
1-4 years
18%
5-9 years
31%
10-19 years
35%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 84%
vision benefits
Vision: 70%
no benefits
None: 8%
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