Chief Compliance Officer Salary

Salaries for Chief Compliance Officers in the United States are generous, with average pay above six figures ($115K) per year. With some bonuses approaching $52K and certain profit sharing proceeds approaching $21K, overall incomes of Chief Compliance Officers spread between $65K and $225K depending on individual performance. Location is the biggest factor affecting pay for this group, followed by career length. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 56 percent. Job satisfaction is high and work is enjoyable for most Chief Compliance Officers. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$64,198 - $196,406
$64K
$120K
$200K
MEDIAN: $115,906
10%
50%
90%

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$15.20 - $96.76
$15
$33
$97
MEDIAN: $32.86
10%
50%
90%

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$0$227K
Salary $64,198 - $196,406
Bonus $1,740 - $53,260
Profit Sharing $0.00 - $20,495
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).
)
$66,179 - $227,990
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 703
Hourly Data $0$96
Hourly Rate $15.20 - $96.76
Overtime $49.29
Annual Data $0$227K
Bonus $1,740 - $53,260
Profit Sharing $0.00 - $20,495
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).
)
$66,179 - $227,990
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 17

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Chief Compliance Officer

Chief compliance officers are responsible for the finances and operations within their company. Whenever a department or division undertakes a new initiative requiring executive budget approval, the chief compliance officer must make a decision on whether to grant that permission. Chief compliance officers are also responsible for ensuring that operations within the company adhere to all applicable rules, regulations, policies, and laws. For example, chief compliance officers must ensure that procedures within their company's manufacturing plants are in line with Occupational Safety and Health Administration (OSHA) safety standards.

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Chief 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.

Chief Compliance Officer Job Listings

Popular Skills for Chief Compliance Officer


Chief Compliance Officers report using a wide range of professional skills. Most notably, skills in Operations Management, Anti-Money Laundering, Legal Compliance, and Compliance are correlated to pay that is above average, with boosts between 8 percent and 17 percent. Policy Development and HIPAA Compliance, on the other hand, are typically associated with much lower pay. Most people skilled in Regulatory Compliance are similarly competent in Legal Compliance and Compliance (Financial).

Pay by Experience Level for Chief Compliance Officer

Pay by Experience for a Chief Compliance Officer has a positive trend. An entry-level Chief Compliance Officer with less than 5 years of experience can expect to earn an average total compensation of $80,000 based on 137 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Chief Compliance Officer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $113,000 based on 194 salaries. An experienced Chief Compliance Officer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $139,000 based on 335 salaries. A Chief Compliance Officer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $135,000 based on 196 salaries.

Pay Difference by Location

National Average: $122,392

Larger city markers indicate a job is popular in that location.

Chief Compliance Officers will find that Houston offers an impressive pay rate, one which exceeds the national average by 68 percent. Chief Compliance Officers can also look forward to large paychecks in cities like Los Angeles (+48 percent), New York (+48 percent), Chicago (+23 percent), and Boston (+21 percent). Dallas ranks last in the field for pay, reporting salaries 14 percent below the national average. Two other places where employers offer below-median salaries are Phoenix (9 percent less) and Cincinnati (8 percent less).

Related Job Salaries

Key Stats for Chief Compliance Officer

Gender

Female
56 %
Male
44 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 121 votes.
Less than 1 year
0%
1-4 years
14%
5-9 years
17%
10-19 years
39%
20 years or more
30%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Chief Compliance Officer Salaries

▲13%

▲10%

National Average
$122,000

▼8%

▼35%

Skills That Affect Chief Compliance Officer Salaries

Operations Management
▲17%






National Average
$122,000

HIPAA Compliance
▼10%

Policy Development
▼34%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 121 votes.

Gender

Female
56 %
Male
44 %

Years of Experience

Less than 1 year
0%
1-4 years
14%
5-9 years
17%
10-19 years
39%
20 years or more
30%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 73%
vision benefits
Vision: 61%
no benefits
None: 13%
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