The average salary for a Compliance Manager is $76,909.
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$50k - $117k
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$46k - $125k
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Job Description for Compliance Manager
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 Bank of America Corp. (BOFA), American Express Co. (AMEX) and J.P. Morgan Chase & Co. (JPMCC). Reported salaries are highest at Bank of America Corp. (BOFA) where the average pay is $108,905. Other companies that offer high salaries for this role include Wells Fargo & Co. and Capital One Financial Corp, earning around $105,000 and $100,000, respectively. UnitedHealth Group pays the lowest at around $75,000. Western Union and American Express Co. (AMEX) also pay on the lower end of the scale, paying $83,844 and $87,496, respectively.
Compliance Manager Job Listings
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Popular Skills for Compliance Manager
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.
Pay by Experience Level for Compliance Manager
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 $58,586 based on 52 salaries. An early career Compliance Manager with 1-4 years of experience earns an average total compensation of $67,422 based on 1,069 salaries. A mid-career Compliance Manager with 5-9 years of experience earns an average total compensation of $79,083 based on 981 salaries. An experienced Compliance Manager with 10-19 years of experience earns an average total compensation of $86,817 based on 1,007 salaries. In their late career (20 years and higher), employees earn an average total compensation of $87,245.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Compliance Manager in their job title in Boston, Massachusetts earn an average of 20.6% more than the national average. These job titles also find higher than average salaries in New York, New York (19.7% more) and Houston, Texas (8.9% more). The lowest salaries can be found in Dallas, Texas (3.4% less) and Atlanta, Georgia (0.7% less).
Years of Experience
This data is based on 3,491 survey responses.
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