Compliance Managers: Career Profile
Plan, direct, or coordinate activities of an organization to ensure compliance with ethical or regulatory standards.
The Daily Work of Compliance Managers Take On?
Typical responsibilities of compliance managers include:
- Report violations of compliance or regulatory standards to duly authorized enforcement agencies as appropriate or required.
- Identify compliance issues that require follow-up or investigation.
- Discuss emerging compliance issues to ensure that management and employees are informed about compliance reporting systems, policies, and practices.
- File appropriate compliance reports with regulatory agencies.
- Maintain documentation of compliance activities, such as complaints received or investigation outcomes.
- Consult with corporate attorneys as necessary to address difficult legal compliance issues.
- Conduct or direct the internal investigation of compliance issues.
- Provide employee training on compliance related topics, policies, or procedures.
Key Skills and Knowledge
Top compliance managers draw on a mix of skills and domain knowledge.
Key Skills
The competencies that matter most in this role, rated on an importance scale of 0 to 5:
Knowledge Areas
Related Job Titles
People in this occupation may also be known by titles such as:
- Accreditation Lieutenant
- Accreditation Manager
- Anti Money Laundering Compliance Manager (AML Compliance Manager)
- Audit Manager
- Compliance Audit Manager
- Compliance Coordinator
- Compliance Director
- Compliance Manager
Job Outlook
There are about 274,622 compliance managers working in the United States today. This occupation is expected to grow by +13.0% over the projection horizon.
How Much Do Compliance Managers Make?
| Statistic | Value |
|---|---|
| Annual median | $117,178 |
| Hourly median | $56.34 |
| 10th percentile | $65,422 |
| 25th percentile | $91,300 |
| 75th percentile | $143,056 |
| 90th percentile | $168,934 |
Compensation varies based on experience, location, and industry.
Pay by State
| State | Annual median salary |
|---|---|
| Massachusetts | $172,380 |
| District of Columbia | $171,910 |
| California | $170,740 |
| Delaware | $170,310 |
| Washington | $165,080 |
| Colorado | $164,010 |
| New Jersey | $163,630 |
| Virginia | $162,610 |
| New York | $161,360 |
| Minnesota | $158,680 |
| Connecticut | $149,690 |
| Maryland | $148,680 |
| Rhode Island | $147,240 |
| New Hampshire | $142,650 |
| Illinois | $134,810 |
| Texas | $133,070 |
| Michigan | $133,040 |
| Arizona | $132,040 |
| North Carolina | $131,990 |
| Pennsylvania | $129,170 |
| Iowa | $127,680 |
| New Mexico | $127,060 |
| Ohio | $126,600 |
| West Virginia | $126,250 |
| Oklahoma | $124,800 |
| Oregon | $124,190 |
| Maine | $123,950 |
| Vermont | $123,930 |
| Alaska | $123,160 |
| Kentucky | $123,010 |
| Hawaii | $122,520 |
| Georgia | $120,810 |
| South Carolina | $120,640 |
| Kansas | $118,310 |
| North Dakota | $118,010 |
| Wyoming | $117,060 |
| Missouri | $117,050 |
| Alabama | $116,830 |
| Nebraska | $114,050 |
| South Dakota | $111,630 |
| Idaho | $107,800 |
| Montana | $105,840 |
| Wisconsin | $105,690 |
| Florida | $102,670 |
| Louisiana | $100,890 |
| Nevada | $99,590 |
| Mississippi | $97,780 |
| Guam | $97,210 |
| Virgin Islands | $92,270 |
| Tennessee | $88,110 |
| Arkansas | $84,610 |
| Indiana | $79,080 |
| Puerto Rico | $78,740 |
Top-Paying U.S. Regions
Compensation for compliance managers differ across the country. Top regions by median wage:
| Region | Median annual wage | Share of U.S. jobs | Location quotient |
|---|---|---|---|
| Far Western US | $160,982 | 22.6% | 1.34 |
| New England | $156,233 | 3.9% | 0.83 |
| Middle Atlantic | $153,807 | 17.6% | 2.07 |
| Southwest | $132,453 | 11.2% | 0.90 |
| Plains States | $126,095 | 4.1% | 0.64 |
| Southeast | $116,490 | 29.4% | 1.35 |
| Rocky Mountains | $112,945 | 3.8% | 1.01 |
| Great Lakes | $112,898 | 6.4% | 0.72 |
Where the Jobs Cluster
| Metro area | State | Median annual wage | Employment |
|---|---|---|---|
| San Jose-Sunnyvale-Santa Clara, CA | CA | $215,120 | 13,530 |
| San Francisco-Oakland-Fremont, CA | CA | $203,030 | 22,980 |
| Lewiston-Auburn, ME | ME | $190,070 | 100 |
| Kennewick-Richland, WA | WA | $175,070 | 400 |
| Boston-Cambridge-Newton, MA-NH | MA | $174,840 | 9,240 |
| Boulder, CO | CO | $173,490 | 1,080 |
| Binghamton, NY | NY | $171,190 | 190 |
| Seattle-Tacoma-Bellevue, WA | WA | $168,750 | 7,580 |
Top Industries Employing Compliance Managers
Most compliance managers are found across these industries:
| Industry | Employment | Median annual wage |
|---|---|---|
| Professional, Scientific, and Technical Services | 94,490 | $164,060 |
| Management of Companies and Enterprises | 50,980 | $163,830 |
| Manufacturing | 46,390 | $160,640 |
| Finance and Insurance | 44,890 | $162,780 |
| Information | 38,680 | $167,740 |
| Educational Services | 32,840 | $102,450 |
| Administrative and Support and Waste Management and Remediation Services | 32,500 | $109,990 |
| Health Care and Social Assistance | 31,360 | $108,810 |
Compliance Managers work in the following industries:
Software Compliance Managers Use
- Document management software: Adobe Acrobat (hot technology)
- Internet browser software: Apple Safari (hot technology)
- Data base user interface and query software: Microsoft Access (hot technology)
- Spreadsheet software: Microsoft Excel (hot technology)
- Office suite software: Microsoft Office software (hot technology)
- Electronic mail software: Microsoft Outlook (hot technology)
- Presentation software: Microsoft PowerPoint (hot technology)
- Project management software: Microsoft Project (hot technology)
- Document management software: Microsoft SharePoint (hot technology)
- Process mapping and design software: Microsoft Visio (hot technology)
- Operating system software: Microsoft Windows (hot technology)
- Word processing software: Microsoft Word (hot technology)
The Day-to-Day Environment
The on-the-job environment of compliance managers reflects the following characteristics:
- Face-to-Face Discussions with Individuals and Within Teams
- Telephone Conversations
- Work With or Contribute to a Work Group or Team
- Indoors, Environmentally Controlled
Education and Training
Typical compliance managers positions require a bachelor’s degree as the typical entry-level education. This occupation sits in Considerable Preparation Needed (Job Zone 4), indicating the level of preparation typically expected.
Other Careers to Consider
Similar Occupations
- Security Managers (Primary-Long)
- Regulatory Affairs Managers (Primary-Short)
- Compliance Officers (Primary-Short)
- Environmental Compliance Inspectors (Primary-Short)
- Government Property Inspectors and Investigators (Primary-Long)
- Regulatory Affairs Specialists (Primary-Short)
- Management Analysts (Primary-Short)
- Compensation, Benefits, and Job Analysis Specialists (Supplemental)
Where to Study
Future compliance managers commonly pursue programs in:
Social Sciences
40 programs across 14 majors
Business, Management, Marketing, and Related Support Services
15 programs across 5 majors
- Business Administration & Management
- Business & Commerce
- Entrepreneurial Studies
- Hospitality Management
- Telecommunications Management
Multi/Interdisciplinary Studies
12 programs across 10 majors
Communication, Journalism, and Related Programs
1 programs across 1 majors
Natural Resources and Conservation
1 programs across 1 majors
References
Statistics shown above are sourced from the following authoritative sources:
- U.S. Bureau of Labor Statistics — Occupational Employment and Wage Statistics (OEWS) for employment and wage data by state and industry.
- BLS Employment Projections for total employment and growth forecasts.
- O*NET (Occupational Information Network) for skills, knowledge, tasks, work activities, work context, technology, and education-zone data.
SOC code: 11-9199.02 (Managers, All Other).
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