Compliance Associate Salary

An average Compliance Associate in the United States can expect to take home roughly $56K per year. Overall cash earnings for Compliance Associates stretch from $31K on the lower end to $94K near the top, and the heftiest packages can encompass around $15K from bonuses and $9K from profit sharing. The most influential factor affecting pay for this group is geographic location, though the company and experience level have a (lesser) impact as well. Compliance Associates survey participants are largely women, dominating at 62 percent. The majority of Compliance Associates claim high levels of job satisfaction. Medical benefits are awarded to a large number, and a fair number earn dental coverage. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$37,524 - $90,676
$38K
$58K
$91K
MEDIAN: $57,893
10%
50%
90%

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$11.91 - $27.57
$12
$17
$28
MEDIAN: $16.88
10%
50%
90%

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$0$94K
Salary $37,524 - $90,676
Bonus $450.00 - $15,293
Profit Sharing $0.00 - $6,128
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).
)
$31,339 - $94,771
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 263
Hourly Data $0$47
Hourly Rate $11.91 - $27.57
Overtime $17.78 - $47.68
Annual Data $0$94K
Bonus $450.00 - $15,293
Profit Sharing $0.00 - $6,128
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).
)
$31,339 - $94,771
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 102

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Compliance Associate

A compliance associate ensures that their company’s employees comply with all guidelines, management directives, and human resources policies. They make sure staff members conform to industry practices and professional standards in all activities, with specific practices and standards depending on the company and field. Other tasks completed by the compliance associate include investigating and resolving compliance issues, implementing procedures for monitoring compliance guidelines, maintaining files and databases of all records relating to compliance and risk, and participating in compliance audits. They are also responsible for reviewing agency reports, formulating responses and corrective actions regarding agency reports, and distributing information regarding new and ongoing requirements. Compliance associates generally work full time in an office setting; these professionals may work in a variety of fields.

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Compliance Associate Tasks

  • Discipline and/or re-train employees in the event of compliance guideline violations.
  • Assist with training new employees on compliance procedures and answer questions regarding policies.
  • Conduct monthly and yearly branch/departmental compliance reviews.
  • Research and report on regulatory changes to ensure compliance.

Common Career Paths for Compliance Associate


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Compliance Associates often end up in upper-level roles like Compliance Officer. Compliance Officers bring home $60K annually on average.

Compliance Associate Job Listings

Popular Employer Salaries for Compliance Associate


Popular Skills for Compliance Associate


Survey results imply that Compliance Associates put a diverse skill set to use. Most notably, facility with Internal Audit, Anti-Money Laundering (AML), and Legal Compliance are correlated to pay that is significantly above average, leading to increases of 21 percent, 14 percent, and 13 percent, respectively. At the other end of the pay range are skills like Auditing and Data Analysis. The majority of those who know Compliance also know Anti-Money Laundering (AML).

Pay by Experience Level for Compliance Associate

Pay by Experience for a Compliance Associate has a positive trend. An entry-level Compliance Associate with less than 5 years of experience can expect to earn an average total compensation of $49,000 based on 262 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Compliance Associate with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $66,000 based on 74 salaries. An experienced Compliance Associate which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $68,000 based on 29 salaries. A Compliance Associate with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $73,000 based on 11 salaries.

Pay Difference by Location

National Average: $54,514

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

For Compliance Associates, New York provides a pay rate that is 44 percent greater than the national average. Compliance Associates will also find cushy salaries in Houston (+35 percent), Boston (+34 percent), Dallas (+30 percent), and Jacksonville (+25 percent). One of the biggest compensable factors for Compliance Associates is geography, with workers in Washington earning a whopping 27 percent below the national average. Employers also pay below the national average in Pittsburgh (24 percent lower) and Indianapolis (19 percent lower).

Compliance Associate Reviews

Q: What is it like working as a Compliance Associate?

Compliance Associate in Newtown Square:
"Stressful."
Pros: The people I work with, PTO, and my hours.
Cons: Lack of communication. Lack of organization. Lack of leadership. Lack of respect. No teamwork.

Related Job Salaries

Key Stats for Compliance Associate

Gender

Female
61 %
Male
39 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 62 votes.
Less than 1 year
7%
1-4 years
65%
5-9 years
18%
10-19 years
7%
20 years or more
4%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Compliance Associate Salaries

Late-Career
▲33%

▲25%

▲20%

National Average
$55,000

▼11%

Skills That Affect Compliance Associate Salaries

Internal Audit
▲17%





National Average
$55,000


Data Analysis
▼12%

Auditing
▼20%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 62 votes.

Gender

Female
61 %
Male
39 %

Years of Experience

Less than 1 year
7%
1-4 years
65%
5-9 years
18%
10-19 years
7%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 76%
vision benefits
Vision: 69%
no benefits
None: 11%
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