The average salary for a Chief Compliance Officer in Washington, District of Columbia is $146,797.
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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.
Chief Compliance Officer Job Listings
What Are Popular Skills for Chief Compliance Officers?
Skills in Regulatory Compliance are correlated to pay that is above average. Skills that pay less than market rate include Legal Compliance, Anti-Money Laundering (AML) and Risk Management / Risk Control.
What is the Pay by Experience Level for Chief Compliance Officers?
A mid-career Chief Compliance Officer with 5-9 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $122,500 based on 8 salaries. An experienced Chief Compliance Officer with 10-19 years of experience earns an average total compensation of $151,517 based on 11 salaries. In their late career (20 years and higher), employees earn an average total compensation of $157,200.
Pay Difference by Location
Employees with Chief Compliance Officer in their job title in San Francisco, California earn an average of 21.2% more than the national average. These job titles also find higher than average salaries in New York, New York (12.2% more) and Chicago, Illinois (8.7% more). The lowest salaries can be found in Miami, Florida (15.4% less), Dallas, Texas (13.9% less) and Los Angeles, California (8.0% less).
Years of Experience
This data is based on 24 survey responses.
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