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Sr. Compliance Officer Salary

The average Senior Compliance Officer in the United States earns approximately $77K per year. Total cash compensation for Senior Compliance Officers runs from $48K to $130K depending on bonuses that can occasionally exceed $21K and profit sharing that can reach almost $15K. While career duration and the specific company impact pay for this group, geographic location is the most influential factor. Almost all enjoy medical while a fair number get dental coverage. Vision coverage is also available to the greater part. Most workers in this position report high levels of job satisfaction. Women Senior Compliance Officers who took the survey just slightly outnumber men. Respondents to the PayScale salary survey provided the data for this report.
$48,494 - $118,155
(Median)
48K
61K
77K
96K
120K
MEDIAN: $76,829
10%
25%
50%
75%
90%

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$13.64 - $78.30
(Median)
14
33
78
MEDIAN: $20
10%
75%
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
$48,494 - $118,155  
   
Bonus
$395.94 - $20,547  
Profit Sharing
$490.35 - $15,067  
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).
)
$47,544 - $130,418  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 392
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
$13.64 - $78.30  
   
Overtime
$0.00 - $44.22  
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
$395.94 - $20,547  
   
Profit Sharing
$490.35 - $15,067  
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).
)
$47,544 - $130,418  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 12
United States (change)

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.

Common Career Paths for Sr. Compliance Officer


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As Senior Compliance Officers make advancements in their career path to roles like Chief Compliance Officer, salaries often climb aggressively. On average, Chief Compliance Officers will make $100K annually.

Sr. Compliance Officer Job Listings

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Popular Employer Salaries for Sr. Compliance Officer


J.P. Morgan Chase & Co. (JPMCC) offers the least pay with a median salary of $76K; furthermore, salaries there max out at only $92K.


Senior Compliance Officers usually report a few specific skills. Regulatory Compliance and Compliance are considered valuable skills and can increase employee pay.

Pay by Experience Level for Sr. Compliance Officer

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


For Senior Compliance Officers, experience does not seem to be a major factor in determining pay. Survey participants with less than five years' experience pocket $68K on average, but those with five to 10 years of experience enjoy a much bigger median of $79K. The average pay reported by folks with 10 to 20 years of experience is around $90K. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $96K.

Pay Difference by Location


For Senior Compliance Officers, busy New York offers a higher-than-average pay rate, 18 percent above the national average. Senior Compliance Officers will also find cushy salaries in Chicago (+10 percent). Columbus is the lowest-paying area, 17 percent south of the national average. Workers in Charlotte and Washington earn salaries that trail the national average for those in this profession (9 percent less and 3 percent less, 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

Experience Affects Sr. Compliance Officer Salaries

Late-Career
up arrow 19%


National Average
$81,000

Mid-Career
up arrow 1%

Entry-Level
up arrow 15%

Skills That Affect Sr. Compliance Officer Salaries


Compliance (Financial)
up arrow 2%

National Average
$81,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 99 votes.

Gender

Female
58 %
Male
42 %

Years of Experience

Less than 1 year
1%
1-4 years
19%
5-9 years
34%
10-19 years
32%
20 years or more
14%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 78%
vision benefits Vision: 65% employee benefits None: 7%