The median pay for Senior Compliance Officers comes out to approximately $85K annually in the United States, but employers in Boston offer the most; the average salary in that city is around $132K. Senior Compliance Officers can also look forward to large paychecks in cities like Los Angeles (+44 percent), New York (+24 percent), San Francisco (+18 percent), and Chicago (+11 percent). The data for this synopsis comes from respondents who took the PayScale salary survey.

$58,194 - $137,680
(Median)
$58K
$85K
$140K
MEDIAN: $85,315
10%
50%
90%

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$17.20 - $36.68
(Median)
$
$24
$
MEDIAN: $23.00
50%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$58,194 - $137,680  
   
Bonus
$2,447 - $25,704  
Profit Sharing
$0.00 - $6,000  
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).
)
$58,155 - $149,727  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 224
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$23.90  
   
Overtime
$30.00  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$2,447 - $25,704  
   
Profit Sharing
$0.00 - $6,000  
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).
)
$58,155 - $149,727  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 6
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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.

Common Career Paths for Sr. Compliance Officer


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It is somewhat unusual to come across Senior Compliance Officers who move on to become Compliance VPs, but it does happen from time to time, and the median salary for that position sits slightly higher at $103K. Going from Senior Compliance Officer to Chief Compliance Officer is the transition that occurs most often in this field, where the paychecks are $102K. Many others choose to work as Compliance Managers, where pay is typically $74K.

Sr. Compliance Officer Job Listings

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Popular Employer Salaries for Sr. Compliance Officer


J.P. Morgan Chase & Co. (JPMCC) doles out the lowest salaries in town — median pay is $73K — not to mention workers can only make as much as $99K and scope of pay is rather limited.

Pay by Experience Level for Sr. Compliance Officer

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


Relatively untried employees who have less than five years' experience make $79K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $96K. Senior Compliance Officers who work for 10 to 20 years in their occupation tend to earn about $94K. Seasoned workers who boast more than two decades of relevant experience enjoy a median salary of $109K, which is substantially larger than the medians reported by folks with fewer years on their resumes.

Pay Difference by Location

National Average: $90,357

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

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 20%

Mid-Career
up arrow 6%


National Average
$90,000

Entry-Level
up arrow 13%

Skills That Affect Sr. Compliance Officer Salaries

Legal Compliance
up arrow 31%

Anti-Money Laundering (AML)
up arrow 7%

National Average
$90,000

Regulatory Compliance
up arrow 2%

Compliance (Financial)
up arrow 12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 27 votes.

Gender

Female
53 %
Male
47 %

Years of Experience

Less than 1 year
1%
1-4 years
18%
5-9 years
30%
10-19 years
35%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 78%
medical benefits
Vision: 65%
dental benefits
None: 9%
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