Compliance Officer in Birmingham, Alabama Salary
How much does a Compliance Officer make in Birmingham, AL? A Compliance Officer in Birmingham earns an average of $75,000 per year. This is 12% higher than the national average for a Compliance Officer which is $65,927 per year. Salaries for a Compliance Officer in Birmingham range from $57,461 per year to $88,989 annually. Total Annual Pay, which includes salary and bonus for a Compliance Officer in Birmingham ranges from $61,167 to $92,432 annually. Among those reporting, there is an average job satisfaction rating of 0 out of 5 stars. In Birmingham, women make up the majority of the workforce (86 percent). In Birmingham, a Compliance Officer often enjoys medical, dental, and vision benefits provided by their employer.
Job Description for Compliance Officer
A company's compliance officer generally is in charge of supervising and handling issues related to compliance with laws or regulations, including making sure that the company is up to date with its licensing requirements. Often, they must report their findings to the organization's governing body and recommend any needed changes. This job is particularly essential in heavily regulated industries such as health care and financial services.Read More...
Compliance officers can work directly for the company they are servicing or for a contracting company. There are a wide range of work environments for compliance officers, who may work in an office or in the field.
This position typically requires a minimum of a bachelor's degree. Depending on the requirements of the specific field with which the compliance officer works, prior experience may be necessary. Most positions require some sort of a certification, such as a Certified Medical Compliance Officer credential for the healthcare field,or a Certified Compliance and Regulatory Professional credential for overseas banks operating in the United States. Compliance officers usually must take continuing education programs to stay up to date with laws and other information they need for effectively monitoring compliance. (Copyright 2017 PayScale.com)
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.
Compliance Officer Job Listings
Key Stats for Compliance Officer