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Vice President, Compliance Officer Salary

Compliance VPs enjoy a hefty income, with average pay passing six figures ($105K) annually in the United States. Overall cash earnings for Compliance VPs stretch from $62K on the lower end to $198K near the top, and the heftiest packages can encompass around $41K from bonuses and $32K from profit sharing. While the specific employer and tenure impact pay for this group, geographic location is the most influential factor. Medical benefits are awarded to most, and a large number earn dental coverage. Women Compliance VPs who took the survey just slightly outnumber men. Most Compliance VPs like their work and job satisfaction is high. The data for this synopsis comes from respondents who took the PayScale salary survey.

$60,901 - $168,750
(Median)
$61K
$110K
$170K
MEDIAN: $105,079
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
$60,901 - $168,750  
   
Bonus
$1,033 - $41,053  
Profit Sharing
$1,479 - $32,143  
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).
)
$62,211 - $198,335  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 493

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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, with a median salary of just $122K. The pay scale doesn't vary widely, either; compensation ranges from $88K to $196K.

Popular Skills for Vice President, Compliance Officer


Compliance VPs seem to require a number of specific 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 27 percent, 23 percent, and 7 percent, respectively. Those listing Windows Operating System General Use as a skill should be prepared for drastically lower pay. Microsoft Excel and Financial Applications also typically command lower compensation. Those educated in Microsoft Excel tend to be well versed 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.


Although employees with less than five years' experience earn around $99K on average, the five-to-10 year group has a much higher, six-figure median of $110K. After working for 10 to 20 years, Compliance VPs make a median salary of $131K. Folks who claim more than 20 years of relevant experience actually report a comparatively lower median income of $118K.

Pay Difference by Location


For Compliance VPs, busy Boston offers a higher-than-average pay rate, 34 percent above the national average. Compliance VPs can also look forward to large paychecks in cities like Los Angeles (+26 percent), New York (+25 percent), Atlanta (+19 percent), and Miami (+10 percent). With compensation 12 percent below the national average, Houston is not known for hefty paychecks and actually represents the lowest-paying market.

Related Job Salaries

United States (change)

Experience Affects Vice President, Compliance Officer Salaries



National Average
$114,000



Skills That Affect Vice President, Compliance Officer Salaries

Risk Management / Risk Control
up arrow 27%



National Average
$114,000






Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 91 votes.

Gender

Female
56 %
Male
44 %

Years of Experience

1-4 years
9%
5-9 years
26%
10-19 years
40%
20 years or more
25%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 80%
vision benefits Vision: 65% employee benefits None: 10%
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