Sr. Compliance Officer Salary

With one-half of Senior Compliance Officers in the United States reporting more than 10 years of experience, the field is heavily weighted toward experienced professionals. Average pay for Senior Compliance Officers is $86K per year and can range from $59K on the lower end to $156K per year near the higher end. Total cash earnings of Senior Compliance Officers range from $59K on the low end to $156K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $30K and $6K, respectively. The most important factor affecting compensation for this group is geography, followed by the company and years of experience. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 59 percent. The majority of workers are highly satisfied with their job. Participants in PayScale's salary questionnaire provided the particulars of this report.

$60,247 - $141,236
$60K
$87K
$140K
MEDIAN: $86,793
10%
50%
90%

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$17.35 - $27.32
$22
MEDIAN: $22.50
50%

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$0$156K
Salary $60,247 - $141,236
Bonus $1,984 - $29,738
Profit Sharing $0.00 - $9,787
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).
)
$58,346 - $156,511
  • Country: United States
  • Currency: USD
  • Updated: 13 Sep 2017
  • Individuals Reporting: 258
Hourly Data $0$30
Hourly Rate $22.50
Overtime $30.00
Annual Data $0$156K
Bonus $1,984 - $29,738
Profit Sharing $0.00 - $9,787
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).
)
$58,346 - $156,511
  • Country: United States
  • Currency: USD
  • Updated: 13 Sep 2017
  • Individuals Reporting: 8

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Sr. Compliance Officer

A senior compliance officer is primarily responsible for the design and integration of their business’ merchandising, sourcing, and marketing framework. Knowledge of compliance and safety requirements is needed, as is the ability to develop strategies to respond to compliance risks. Another important responsibility of a senior compliance officer is to ensure the company is meeting all regulatory requirements for products and business reporting. They also assist others in working with department managers in developing and/or implementing plans of action to guarantee compliance.

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Sr. Compliance Officer Tasks

  • Inspect business to ensure standards, regulations and laws are followed by employees and management and provide issue reports to management.
  • May establish a compliance committee.
  • Oversee and monitor the implementation of the compliance program.
  • Respond to compliance offenses, develop corrective action, and establish time frames for company to implement changes.

Common Career Paths for Sr. Compliance Officer


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Although it's unusual, some Senior Compliance Officers transition into jobs as Compliance VPs. The latter group reports earning a slightly lower median of $104K per year, though. With an annual salary of $103K, Chief Compliance Officer is the most common role for Senior Compliance Officers to subsequently assume on their way up the ladder. Transitioning into a Compliance Manager role — which usually pays $74K — is also typical for Senior Compliance Officers, though less common by comparison.

Sr. Compliance Officer Job Listings

Popular Employer Salaries for Sr. Compliance Officer


Citigroup, Inc. offers the highest compensation with a median salary of $127K.

Pay by Experience Level for Sr. Compliance Officer

Pay by Experience for a Sr. Compliance Officer has a positive trend. An entry-level Sr. Compliance Officer with less than 5 years of experience can expect to earn an average total compensation of $79,000 based on 69 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Sr. Compliance Officer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $94,000 based on 109 salaries. An experienced Sr. Compliance Officer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $97,000 based on 99 salaries. A Sr. Compliance Officer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $99,000 based on 37 salaries.

Pay Difference by Location

National Average: $90,065

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

Boston offers some of the highest pay in the country for Senior Compliance Officers, 48 percent above the national average. Senior Compliance Officers will also find cushy salaries in Los Angeles (+48 percent), San Francisco (+28 percent), Chicago (+27 percent), and New York (+26 percent). Senior Compliance Officers in San Antonio take home the lowest salaries, earning a whopping 32 percent less than the national average. Workers in Columbus and Atlanta earn salaries that trail the national average for those in this profession (25 percent less and 21 percent less, respectively).

Related Job Salaries

Key Stats for Sr. Compliance Officer

Gender

Female
57 %
Male
43 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 44 votes.
Less than 1 year
1%
1-4 years
17%
5-9 years
30%
10-19 years
35%
20 years or more
16%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Sr. Compliance Officer Salaries

Late-Career
▲10%

▲7%

▲5%

National Average
$90,000

▼13%

Skills That Affect Sr. Compliance Officer Salaries

Anti-Money Laundering (AML)
▲45%

Legal Compliance
▲34%

National Average
$90,000

Regulatory Compliance
▼1%

Compliance (Financial)
▼5%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 44 votes.

Gender

Female
57 %
Male
43 %

Years of Experience

Less than 1 year
1%
1-4 years
17%
5-9 years
30%
10-19 years
35%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 83%
vision benefits
Vision: 70%
no benefits
None: 8%
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