Compliance Officer Salary (India)
The average pay for a Compliance Officer is Rs 366,078 per year. Experience strongly influences salary for this job. Most people with this job move on to other positions after 10 years in this field. Skills that are associated with high pay for this job are Anti-Money Laundering (AML) and Internal Audit.
|Range||Rs 0Rs 1M|
|Salary||Rs 187,174 - Rs 986,698|
|Bonus||Rs 2,553 - Rs 101,367|
|Profit Sharing||Rs 0.00 - Rs 190,000|
|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 194,215 - Rs 1,021,142|
Job Description for Compliance Officer
A company's compliance officer generally is in charge of supervising and handling issues related to compliance with laws or regulations, including making sure that the company is up to date with its licensing requirements. Often, they must report their findings to the organization's governing body and recommend any needed changes. This job is particularly essential in heavily regulated industries such as health care and financial services.Read More...
Compliance officers can work directly for the company they are servicing or for a contracting company. There are a wide range of work environments for compliance officers, who may work in an office or in the field.
This position typically requires a minimum of a bachelor's degree. Depending on the requirements of the specific field with which the compliance officer works, prior experience may be necessary. Most positions require some sort of a certification, such as a Certified Medical Compliance Officer credential for the healthcare field,or a Certified Compliance and Regulatory Professional credential for overseas banks operating in the United States. Compliance officers usually must take continuing education programs to stay up to date with laws and other information they need for effectively monitoring compliance. (Copyright 2018 PayScale.com)
Compliance Officer Tasks
- Assess product, compliance, or operational risks and develop risk management strategies.
- Conduct periodic internal reviews or audits to ensure that compliance procedures are followed.
- Conduct or direct the internal investigation of compliance issues.
- Oversee and monitor activities for compliance with company, state and federal regulations.
Compliance Officer Pay By Employer
J.P. Morgan Chase & Co. (JPMCC)
Wells Fargo & Co.
MassMutual Financial Group
Fifth Third Bank (5/3 Bank)
State Street Bank
Wells Fargo Bank
Compliance Officer Job Listings
Pay Difference by Location
Related Job Salaries
Key Stats for Compliance Officer
Rated 4 out of 5
based on 11 votes.