The average salary for a Chief Compliance Officer is $119,795.
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What Do Chief Compliance Officers Do?
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 pr…Read more
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.
Job Satisfaction for Chief Compliance Officer
Chief Compliance Officer Job Listings
What Are Popular Skills for Chief Compliance Officers?
Skills in Regulatory Compliance, Risk Management / Risk Control, Legal Compliance and Anti-Money Laundering (AML) are correlated to pay that is above average. Skills that pay less than market rate include Financial Compliance.
What is the Pay by Experience Level for Chief Compliance Officers?
An entry-level Chief Compliance Officer with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $67,160 based on 40 salaries. An early career Chief Compliance Officer with 1-4 years of experience earns an average total compensation of $85,147 based on 143 salaries. A mid-career Chief Compliance Officer with 5-9 years of experience earns an average total compensation of $102,633 based on 194 salaries. An experienced Chief Compliance Officer with 10-19 years of experience earns an average total compensation of $131,118 based on 495 salaries. In their late career (20 years and higher), employees earn an average total compensation of $137,671.
Pay Difference by Location
Employees with Chief Compliance Officer in their job title in San Francisco, California earn an average of 47.6% more than the national average. These job titles also find higher than average salaries in New York, New York (37.4% more) and Chicago, Illinois (33.2% more).
Years of Experience
This data is based on 1,231 survey responses.