The average salary for a Compliance Director is $100,625.
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What Do Compliance Directors Do?
Compliance directors are responsible for ensuring that corporations or agencies conform to all rules, regulations, and laws relevant to their functions. For example, compliance directors at medical insurance companies analyze policies and practices to guarantee they adhere to state and federal Medicare and Medicaid standards and to state and federal laws related to treatment and patient care. In the banking industry, compliance directors analyze investments and policies to ensure their legal a…Read more
Compliance Director Tasks
- Research new and existing laws, regulations, policies, and industry standards and identify existing and emerging business practice issues and risks of company.
- Propose solutions relating to compliance requirements that impact the company's products and business.
- Evaluate the adequacy of internal control and identify inefficient business processes that hinder compliance.
- Lead team responsible for regulatory compliance.
Job Satisfaction for Compliance Director
Popular Employer Salaries for Compliance Director
The top respondents for the job title Compliance Director are from the companies Usaa Insurance, Planned Parenthood and Dinsmore & Shohl, Llp. Reported salaries are highest at Usaa Insurance where the average pay is $132,500. Other companies that offer high salaries for this role include Planned Parenthood and Fidelity Investments, earning around $119,831 and $107,442, respectively. Altman Management Company pays the lowest at around $32,549. Clinical Medical Services and Dinsmore & Shohl, Llp also pay on the lower end of the scale, paying $70,000 and $79,600, respectively.
Compliance Director Job Listings
What Are Popular Skills for Compliance Directors?
Skills in Risk Management / Risk Control and Legal Compliance are correlated to pay that is above average. Skills that pay less than market rate include HIPAA Compliance, Internal Audit and Regulatory Compliance.
What is the Pay by Experience Level for Compliance Directors?
An entry-level Compliance Director with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $75,309 based on 13 salaries. An early career Compliance Director with 1-4 years of experience earns an average total compensation of $80,117 based on 227 salaries. A mid-career Compliance Director with 5-9 years of experience earns an average total compensation of $98,619 based on 382 salaries. An experienced Compliance Director with 10-19 years of experience earns an average total compensation of $111,424 based on 635 salaries. In their late career (20 years and higher), employees earn an average total compensation of $116,213.
Pay Difference by Location
Employees with Compliance Director in their job title in New York, New York earn an average of 29.6% more than the national average. These job titles also find higher than average salaries in Boston, Massachusetts (21.9% more) and Chicago, Illinois (13.5% more). The lowest salaries can be found in Dallas, Texas (3.9% less), Atlanta, Georgia (1.6% less) and Denver, Colorado (1.5% less).
Years of Experience
This data is based on 1,572 survey responses.