Compliance Manager Salary (India)
The average salary for a Compliance Manager is Rs 800,243 per year. Most people with this job move on to other positions after 20 years in this field. Experience has a moderate effect on pay for this job. The highest paying skills associated with this job are Internal Audit and Risk Management / Risk Control.
|Range||Rs 0Rs 1M|
|Salary||Rs 355,836 - Rs 1,832,100|
|Bonus||Rs 20,000 - Rs 228,907|
|Profit Sharing||Rs 0.00 - Rs 305,209|
|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).)
|Rs 371,434 - Rs 1,959,958|
Job Description for Compliance Manager
Compliance managers work on a company's legal, management, and compliance issues. They make sure that their company is up to date with all the regulatory requirements. Their tasks include conducting audits, identifying issues, filing reports, consulting with attorneys, assisting employees, analyzing sales, investigating customer complaints, guiding and teaching fellow employees, overseeing compliance systems, and verifying policies. Compliance managers typically need to be strong leaders, as well as strong communicators. This job is communication-heavy and requires frequent verbal and written communication with others. It is also helpful to be persuasive and an excellent problem solver; compliance managers generally have to analyze data and explain results to - and potentially persuade - higher management or attorneys.Read More...
Compliance managers generally work alongside human resources, higher management, attorneys outside the company, and employees within the office. Most positions for compliance managers are full-time, day-shift jobs with long hours. Extended hours are usually required, and long distance and/or overnight travel may be possible. A bachelor's degree in accounting, business, finance, or a related field is needed, as well as five to seven years of related experience. Depending on the company's field, other certifications may be required. (Copyright 2018 PayScale.com)
Compliance Manager Tasks
- Create, implement, administer, and enforce policies, procedures and laws required for a company to operate in accordance with the law and regulations.
- Establish and update a compliance manual.
- Perform routine internal audits to ensure that business is operating in accordance with regulations.
- Consult with company about processes, practices, and systems and areas of improvement.
Compliance Manager Job Listings
Pay by Experience Level for Compliance Manager
Pay by Experience for a Compliance Manager has a positive trend. An entry-level Compliance Manager with less than 5 years of experience can expect to earn an average total compensation of Rs 508,000 based on 25 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Compliance Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of Rs 719,000 based on 49 salaries. An experienced Compliance Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of Rs 1,013,000 based on 30 salaries. A Compliance Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of Rs 1,200,000 based on 7 salaries.
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Key Stats for Compliance Manager
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