Vice President, Compliance Officer Salary

Wages for Compliance VPs in the United States are generous, with average pay above six figures ($109K) per year. Total cash compensation to Compliance VPs approaches anywhere from $63K on the lower end to $201K on the higher end; in exceptional cases, this can include more than $45K from bonuses and upwards of $32K from profit sharing. Geographic location is the biggest factor affecting pay for this group, followed by the company and years of experience. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 56 percent. Job satisfaction for Compliance VPs is high. A large number report receiving medical coverage from their employers and most collect dental insurance. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$61,978 - $171,534
(Median)
$62K
$110K
$170K
MEDIAN: $108,547
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
$61,978 - $171,534  
   
Bonus
$1,021 - $45,180  
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).
)
$63,350 - $200,716  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 500
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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


With a median salary of only $122K, J.P. Morgan Chase & Co. (JPMCC) pays the least. It seems that the compensation range of $88K to $196K isn't that wide, either.

Popular Skills for Vice President, Compliance Officer


Survey results show that Compliance VPs use a fair number of 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. Those familiar with Microsoft Excel also tend to 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. On average, Compliance VPs make $133K following one to two decades on the job. Compliance VPs who claim more than two decades of experience actually make somewhat smaller average paychecks of $120K.

Pay Difference by Location


Boston offers some of the highest pay in the country for Compliance VPs, 29 percent above the national average. Compliance VPs will also find cushy salaries in Los Angeles (+24 percent), New York (+21 percent), San Francisco (+18 percent), and Atlanta (+11 percent). Houston is home to the smallest salaries in the field, lagging the national average by 13 percent.

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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
26%
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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