Sr. Compliance Officer Salary

Pay for Senior Compliance Officers in the United States sits in the ballpark of $80K per year. Final cash compensation to Senior Compliance Officers varies from around $51K to approximately $138K; 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 tenure and the particular employer. The majority of workers are highly satisfied with their job. Medical benefits are awarded to almost all, and a large number earn dental coverage. Women make up a slight majority of Senior Compliance Officers (56 percent) survey respondents. Participants in PayScale's salary questionnaire provided the particulars of this report.

$51,554 - $123,812
(Median)
$52K
$80K
$120K
MEDIAN: $80,334
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
$51,554 - $123,812  
   
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).
)
$50,578 - $137,863  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 355
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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


Senior Compliance Officers will find the worst pay at J.P. Morgan Chase & Co. (JPMCC), where the median salary crawls in at $77K. Furthermore, compensation is curbed at $99K, leaving little room for growth.


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.


For many Senior Compliance Officers, extensive experience does not lead to significantly more money. Respondents with less than five years' experience take home $71K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $87K. Senior Compliance Officers bring in $93K after working for 10 to 20 years. Deeply experienced professionals who boast more than 20 years of experience haul in an ample $102K on average.

Pay Difference by Location


With a pay rate for Senior Compliance Officers that is 16 percent greater than the national average, Chicago offers a comfortable salary for those in this profession. Senior Compliance Officers will also find cushy salaries in New York (+9 percent). Senior Compliance Officers in San Antonio take home the lowest salaries, earning a whopping 30 percent less than the national average. A couple other locations with smaller-than-average paychecks include Columbus (21 percent lower) and Charlotte (14 percent lower).

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

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Experience Affects Sr. Compliance Officer Salaries

Late-Career
up arrow 21%


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 68 votes.

Gender

Female
56 %
Male
44 %

Years of Experience

Less than 1 year
1%
1-4 years
19%
5-9 years
30%
10-19 years
34%
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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