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Vice President, Compliance Officer Salary

Average pay for Compliance VPs in the United States is more than reasonable, with annual salaries pushing past the six-figure mark ($107K). Total cash compensation to Compliance VPs bottoms out near $60K and approaches $198K on the high end; the biggest paychecks include approximately $41K from bonuses and almost $29K from profit sharing. Geographic location is the biggest factor affecting pay for this group, followed by tenure. The majority of workers are highly satisfied with their job. Most receive medical and dental insurance and a majority get vision insurance. Women Compliance VPs who took the survey just slightly outnumber men. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
$59,704 - $167,632
(Median)
$60K
$100K
$170K
MEDIAN: $99,527
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$70K$140K$210K
Salary
$59,704 - $167,632  
   
Bonus
$1,523 - $41,297  
Profit Sharing
$1,546 - $28,906  
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).
)
$59,932 - $198,304  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 476
United States (change)

Job Description for Vice President, Compliance Officer

A vice president (compliance officer) is ultimately responsible for a company's corporate compliance program. They are tasked with maintaining an independent body within the company that helps determine if the company is in compliance with laws, regulations, and company bylaws. The vice president of compliance must determine if the company's board of directors and executives are fulfilling their required duties. They also lead efforts to determine if the behavior and decisions of the board and executives fulfill the fiduciary duties owed to the company. If the vice president of compliance and the corporate compliance team determine that a duty was breached by a board member or executive, then the vice president of compliance takes the necessary corrective actions. If the issue can be easily solved, then the vice president of compliance presents a report to the governing body of the company so that corrective action can be taken. If it cannot, then the vice president of compliance works out a legal strategy for the company to minimize loss and risk.

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Vice President, Compliance Officer Tasks

  • Inform all levels of organization about current and future compliance.
  • Keep all policies up to date with current legislation and environment.
  • Oversee organization to ensure laws, regulations, and internal policies are met.
  • Review and verify accuracy of all compliance documentation.

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Popular Skills for Vice President, Compliance Officer


Compliance VPs report using a pretty varied skill set on the job. Most notably, facility with Legal Compliance and Regulatory Compliance are correlated to pay that is significantly above average, leading to increases of 37 percent and 10 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Windows Operating System General Use, Microsoft Excel, and Financial Applications. Most people skilled in Microsoft Excel are similarly competent in Regulatory Compliance.

Pay by Experience Level for Vice President, Compliance Officer

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


Folks with fewer than five years of experience earn around $90K on average, but respondents who have racked up five to 10 years benefit from a six-figure median of $101K. For Compliance VPs, 10 to 20 years of experience on the job amounts to an average salary of $121K. Folks who claim more than 20 years of relevant experience actually report a comparatively lower median income of $113K.

Pay Difference by Location


Home to some of the best pay for Compliance VPs, Boston offers exceptional salaries, 40 percent above the national average. Compliance VPs can also look forward to large paychecks in cities like Los Angeles (+34 percent), New York (+31 percent), Atlanta (+24 percent), and Dallas (+12 percent). Houston is home to the smallest salaries in the field, lagging the national average by 7 percent.

Related Job Salaries

Experience Affects Vice President, Compliance Officer Salaries



National Average
$107,000



Skills That Affect Vice President, Compliance Officer Salaries

Legal Compliance
up arrow 37%


National Average
$107,000





Windows Operating System General Use
up arrow 17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 109 votes.

Gender

Female
59 %
Male
41 %

Years of Experience

1-4 years
8%
5-9 years
26%
10-19 years
42%
20 years or more
24%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 81%
vision benefits Vision: 64% employee benefits None: 11%