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Sr. Compliance Officer Salary

Senior Compliance Officers in the United States take home approximately $79K per year on average. Final cash compensation to Senior Compliance Officers varies from around $50K to approximately $137K; choice pay grades include potential for bonuses and profit sharing as high as $21K and $15K, respectively. This group's pay is mainly influenced by geography, followed by career duration and the particular employer. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. For the most part, Senior Compliance Officers enjoy their work and report high levels of job satisfaction. Women Senior Compliance Officers who took the survey just slightly outnumber men. This report is based on answers to PayScale's salary questionnaire.

$50,262 - $122,818
(Median)
$50K
$79K
$120K
MEDIAN: $78,981
10%
50%
90%

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$13.59 - $79.46
(Median)
$14
$25
$79
MEDIAN: $24.00
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
$50,262 - $122,818  
   
Bonus
$100.00 - $20,579  
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).
)
$49,549 - $137,040  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 362
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 - $20,579  
   
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).
)
$49,549 - $137,040  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 10

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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

  • 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


J.P. Morgan Chase & Co. (JPMCC) offers the least pay with a median salary of $76K; furthermore, salaries there max out at only $91K.


Survey takers who work as Senior Compliance Officers usually report a few specific 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.


Senior Compliance Officers with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Workers in their first five years can expect to earn $69K, but people who have been around for five to 10 years earn a noticeably bigger sum of $85K. For Senior Compliance Officers, 10 to 20 years of experience on the job amounts to an average salary of $91K. Ultimately, more time spent in the workforce does seem to translate to bigger paychecks; seasoned veterans with more than 20 years of experience report a median income of $101K.

Pay Difference by Location


Senior Compliance Officers will find that New York offers an impressive pay rate, one which exceeds the national average by 12 percent. Senior Compliance Officers will also find cushy salaries in Chicago (+7 percent) and Washington (+3 percent). The lowest-paying market is San Antonio, which sits 29 percent below the national average, proving that location is a significant contributor to overall pay. Columbus and Charlotte are a couple other places where companies are known to pay below the median — salaries are 19 percent lower and 12 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 2%

National Average
$83,000

Entry-Level
up arrow 16%

Skills That Affect Sr. Compliance Officer Salaries


National Average
$83,000

Compliance (Financial)
up arrow 4%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 77 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
34%
20 years or more
16%

Common Health Benefits

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