Vice President, Compliance Officer Salary

Compliance VPs receive generous compensation in the United States — earning an average of $109K per year, their standard salaries shoot well into the six-figure range. Cash earnings for Compliance VPs — which occasionally include more than $45K from bonuses and more than $32K from profit sharing — stretch from around $64K to approximately $201K. Geographic location is the biggest factor affecting pay for this group, followed by the company and tenure. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 55 percent. Medical benefits are awarded to a large number, and most earn dental coverage. Job satisfaction for Compliance VPs is high. The information for this snapshot was generated by responses to the PayScale salary survey.

$62,138 - $172,851

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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.
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$0$70K$140K$210K
Salary
$62,138 - $172,851  
   
Bonus
$1,021 - $45,180  
Profit Sharing
$1,468 - $32,215  
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).
)
$63,543 - $201,003  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 497
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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


While select J.P. Morgan Chase & Co. (JPMCC) employees may bring in up to $205K, a median salary of only $125K — the lowest in the field — suggests a serious lag in the earnings department.

Popular Skills for Vice President, Compliance Officer


Survey results suggest that Compliance VPs use a fairly large toolkit 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 22 percent, 21 percent, and 5 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.


Individuals with fewer than five years of experience earn $99K on average, but those in the five-to-10 year group see a six-figure median of $112K. Compliance VPs claiming one to two decades of experience make an estimated median of $133K. Survey participants with more than two decades under their belts actually report earning less than people with less experience; the former take home only $120K on average.

Pay Difference by Location


For Compliance VPs, working in the bustling city of Boston has its advantages, including an above-average pay rate. Compliance VPs will also find cushy salaries in Los Angeles (+23 percent), New York (+21 percent), San Francisco (+17 percent), and Atlanta (+11 percent). In Houston, salaries are 15 percent below the national average and represent the lowest-paying market.

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Experience Affects Vice President, Compliance Officer Salaries



National Average
$118,000



Skills That Affect Vice President, Compliance Officer Salaries

Risk Management / Risk Control
up arrow 22%



National Average
$118,000






Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 85 votes.

Gender

Female
55 %
Male
45 %

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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