Vice President, Compliance Officer Salary

On average, Compliance VPs in the United States earn six-figure salaries ($108K) annually, making for a very well-paid profession. Total cash compensation for Compliance VPs runs from $63K to $199K depending on bonuses that can occasionally exceed $44K and profit sharing that can reach almost $32K. The most influential factor affecting pay for this group is location, though the company and experience level have a (lesser) impact as well. Work is enjoyable for Compliance VPs, who typically claim high levels of job satisfaction. A large number report receiving medical coverage from their employers and most collect dental insurance. Women make up a slight majority of Compliance VPs (56 percent) survey respondents.

$61,731 - $169,481
(Median)
$62K
$110K
$170K
MEDIAN: $108,333
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
$61,731 - $169,481  
   
Bonus
$1,017 - $44,042  
Profit Sharing
$1,490 - $32,071  
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).
)
$63,014 - $199,340  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 498
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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.

Vice President, Compliance Officer Job Listings

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Popular Employer Salaries for Vice President, Compliance Officer


J.P. Morgan Chase & Co. (JPMCC) offers the lowest pay in the field with a median salary of just $122K, but on the other end, some employees may earn up to $196K.

Popular Skills for Vice President, Compliance Officer


Compliance VPs report using a wide range of professional skills. Most notably, facility with Risk Management / Risk Control, Legal Compliance, and Regulatory Compliance are correlated to pay that is significantly above average, leading to increases of 23 percent, 22 percent, and 4 percent, respectively. Those listing Windows Operating System General Use as a skill should be prepared for drastically lower pay. Financial Applications and Microsoft Excel also typically command lower compensation. Most people experienced in Microsoft Excel also know Regulatory Compliance.

Pay by Experience Level for Vice President, Compliance Officer

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


In this occupation, salaries for the relatively untested average out to $99K, but folks in the five-to-10 year range enjoy a much heftier median of $111K. The average pay reported by folks with 10 to 20 years of experience is around $133K. Folks with more than two decades of experience actually report lower incomes overall; their average comes out to a mere $120K.

Pay Difference by Location


For Compliance VPs, Boston provides a pay rate that is 29 percent greater than the national average. Compliance VPs will also find cushy salaries in Los Angeles (+24 percent), New York (+22 percent), Atlanta (+16 percent), and Miami (+6 percent). The lowest-paying market is Houston, which sits 13 percent below the national average.

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Experience Affects Vice President, Compliance Officer Salaries



National Average
$117,000



Skills That Affect Vice President, Compliance Officer Salaries

Risk Management / Risk Control
up arrow 23%


Regulatory Compliance
up arrow 4%

National Average
$117,000






Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 86 votes.

Gender

Female
56 %
Male
44 %

Years of Experience

1-4 years
8%
5-9 years
25%
10-19 years
42%
20 years or more
24%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 81%
vision benefits Vision: 66% employee benefits None: 10%
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