Sr. Compliance Officer Salary

For Senior Compliance Officers, annual average wages total $79K per year. In the world of Senior Compliance Officers, total cash compensation can vary between $49K and $137K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $21K and $15K, respectively. Compensation for this group is mainly affected by experience level, but the particular city and the individual firm are influential factors as well. Women Senior Compliance Officers who took the survey just slightly outnumber men. Medical benefits are awarded to almost all, and a fair number earn dental coverage. Most Senior Compliance Officers report high levels of job satisfaction. This report is based on answers to PayScale's salary questionnaire.

$50,006 - $122,705
(Median)
$50K
$79K
$120K
MEDIAN: $78,519
10%
50%
90%

Add this chart to your site: 640px    300px

$13.59 - $79.46
(Median)
$14
$25
$79
MEDIAN: $24.00
10%
50%
90%

Add this chart to your site: 640px    300px

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
$50,006 - $122,705  
   
Bonus
$100.00 - $20,719  
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).
)
$49,342 - $136,835  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 364
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$27$54$81
Hourly Rate
$13.59 - $79.46  
   
Overtime
$0.00 - $45.00  
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$60K$120K$180K
Bonus
$100.00 - $20,719  
   
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).
)
$49,342 - $136,835  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 10

Find Out Exactly What You Should Be Paid

United States (change)

- OR -

Log in with LinkedIn

Comp Managers Click Here »

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.

Read More...

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.

Common Career Paths for Sr. Compliance Officer


Add this chart to your site:   640px 640px    300px 300px


Advancing into a Chief Compliance Officer role seems to be a popular career move for Senior Compliance Officers, and folks who currently work in the latter position report a notably larger median income of $101K per year. Becoming a VP of Compliance is, more often than not, the most common role that Senior Compliance Officers move into when they're ready for the next step in their career. The average salary for the position is $99K. Another frequent advance is for Senior Compliance Officers to assume a Compliance Manager role; in this role, workers often earn $74K.

Sr. Compliance Officer Job Listings

Search for more jobs:

Popular Employer Salaries for Sr. Compliance Officer


Employees at J.P. Morgan Chase & Co. (JPMCC) take home the smallest paychecks, and $77K is the median salary. Furthermore, range in pay is narrow, with salaries starting at $59K and quickly nearing the top at only $92K.


Typical Senior Compliance Officers report a focused set of job skills. Regulatory Compliance and Compliance are considered valuable skills and can increase employee pay. Skills that pay less than market rate include Compliance.

Pay by Experience Level for Sr. Compliance Officer

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


Senior Compliance Officers with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Salaries for the relatively untried average out to around $70K, but survey participants with five to 10 years of experience earn a significantly higher median of $83K. Senior Compliance Officers with one to two decades of relevant experience report an average salary of approximately $91K. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $99K, demonstrating that compensation is roughly commensurate with experience in the end.

Pay Difference by Location


Chicago offers some of the highest pay in the country for Senior Compliance Officers, 17 percent above the national average. Senior Compliance Officers will also find cushy salaries in New York (+13 percent). Columbus is the lowest-paying area, 18 percent south of the national average. Not at the bottom but still paying below the median are employers in Charlotte and Houston (11 percent lower and 3 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.

Related Job Salaries

United States (change)

Experience Affects Sr. Compliance Officer Salaries

Late-Career
up arrow 21%


Mid-Career
up arrow 1%

National Average
$82,000

Entry-Level
up arrow 15%

Skills That Affect Sr. Compliance Officer Salaries


National Average
$82,000

Compliance (Financial)
up arrow 3%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 81 votes.

Gender

Female
57 %
Male
43 %

Years of Experience

Less than 1 year
1%
1-4 years
19%
5-9 years
32%
10-19 years
33%
20 years or more
15%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 80%
vision benefits Vision: 66% employee benefits None: 7%