The average salary for a Compliance Manager is $77,874.
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What Do Compliance Managers Do?
Compliance managers work on a company's legal, management, and compliance issues. They make sure that their company is up to date with all the regulatory requirements. Their tasks include conducting audits, identifying issues, filing reports, consulting with attorneys, assisting employees, analyzing sales, investigating customer complaints, guiding and teaching fellow employees, overseeing compliance systems, and verifying policies. Compliance managers typically need to be strong leaders, as wel…Read more
Compliance Manager Tasks
- Create, implement, administer, and enforce policies, procedures and laws required for a company to operate in accordance with the law and regulations.
- Establish and update a compliance manual.
- Perform routine internal audits to ensure that business is operating in accordance with regulations.
- Consult with company about processes, practices, and systems and areas of improvement.
Job Satisfaction for Compliance Manager
Popular Employer Salaries for Compliance Manager
The top respondents for the job title Compliance Manager are from the companies American Express Co. (AMEX), Bank of America Corp. (BOFA) and J.P. Morgan Chase & Co. (JPMCC). Reported salaries are highest at Capital One Financial Corp where the average pay is $109,931. Other companies that offer high salaries for this role include Bank of America Corp. (BOFA) and Wells Fargo & Co., earning around $108,877 and $105,000, respectively. UnitedHealth Group pays the lowest at around $86,675. American Express Co. (AMEX) and Charles Schwab & Co., Inc. also pay on the lower end of the scale, paying $88,064 and $95,000, respectively.
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Regulatory Compliance Manager
Somewhat common (8 - 20%)
Compliance Manager Job Listings
What Are Popular Skills for Compliance Managers?
Skills in Regulatory Compliance, Risk Management / Risk Control and Legal Compliance are correlated to pay that is above average. Skills that pay less than market rate include Internal Audit and Auditing.
What is the Pay by Experience Level for Compliance Managers?
An entry-level Compliance Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $58,590 based on 52 salaries. An early career Compliance Manager with 1-4 years of experience earns an average total compensation of $68,387 based on 976 salaries. A mid-career Compliance Manager with 5-9 years of experience earns an average total compensation of $80,277 based on 949 salaries. An experienced Compliance Manager with 10-19 years of experience earns an average total compensation of $87,118 based on 882 salaries. In their late career (20 years and higher), employees earn an average total compensation of $87,514.
Pay Difference by Location
Employees with Compliance Manager in their job title in Boston, Massachusetts earn an average of 23.2% more than the national average. These job titles also find higher than average salaries in New York, New York (18.8% more) and Chicago, Illinois (9.5% more). The lowest salaries can be found in Denver, Colorado (14.0% less), Atlanta, Georgia (3.5% less) and Dallas, Texas (1.6% less).
Years of Experience
This data is based on 3,183 survey responses.