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Compliance Managers in Colorado

Considering working as a Compliance Managers in Colorado? Below are the key facts. All managers not listed separately.

What do Compliance Managers Make in Colorado?

For a compliance managers working in Colorado, the typical annual salary is $164,010 per year (or roughly $78.85/hour).

Wage Statistic	Annual	Hourly
10th percentile	$99,530	$47.85
25th percentile	$129,640	$62.33
Median (50th)	$164,010	$78.85
75th percentile	$205,620	$98.86
90th percentile	n/a	n/a

The location quotient — a measure of how concentrated this occupation is in Colorado compared to the national average — is 1.16, meaning that compliance managers are more concentrated here than the national average.

National Wage Comparison

Nationally, compliance managers earn a median of $117,178 per year ($56.34/hour), above the Colorado median.

Employment Outlook

National employment for 274,622 compliance managers nationwide. In Colorado alone, about 13,710 people work in this role. That’s higher than the typical state, which employs around 5,640 compliance managers.

Top Colorado Metros for Compliance Managers

These are the Colorado metros with the most compliance managers in Colorado.

Metro Area	Number Employed	Annual Median Salary
Denver-Aurora-Centennial, CO	8,970	$168,230
Colorado Springs, CO	1,240	$147,940
Boulder, CO	1,080	$173,490
Fort Collins-Loveland, CO	570	$157,830
Greeley, CO	420	$145,330
Pueblo, CO	170	$138,140
Grand Junction, CO	150	$132,510

Top States for Compliance Managers Employment

These states have the highest employment of compliance managers work.

State	Number Employed
California	103,510
Texas	53,070
Florida	46,500
Georgia	36,520
Pennsylvania	24,480
New Jersey	24,000
Virginia	22,210
North Carolina	21,150
Maryland	20,810
District of Columbia	18,180
Tennessee	17,260
New York	16,640
Louisiana	15,360
Wisconsin	13,910
Colorado	13,710
Nevada	10,990
Washington	10,740
Massachusetts	10,670
Ohio	9,390
Arizona	9,280

Highest-Paying States for Compliance Managers

These states pay the most for compliance managers.

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

Skills

The most important compliance managers skills, rated on an importance scale of 0 to 5:

Knowledge Areas

Important knowledge areas for this occupation, rated on an importance scale of 0 to 5:

Abilities

Top abilities for compliance managers, rated on an importance scale of 0 to 5:

Daily Tasks

Common tasks 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.
• Serve as a confidential point of contact for employees to communicate with management, seek clarification on issues or dilemmas, or report irregularities.
• Verify that all regulatory policies and procedures have been documented, implemented, and communicated.
• Disseminate written policies and procedures related to compliance activities.
• Prepare management reports regarding compliance operations and progress.

Work Activities

• Evaluating Information to Determine Compliance with Standards
• Getting Information
• Communicating with Supervisors, Peers, or Subordinates
• Working with Computers
• Documenting/Recording Information
• Making Decisions and Solving Problems
• Updating and Using Relevant Knowledge
• Establishing and Maintaining Interpersonal Relationships
• Identifying Objects, Actions, and Events
• Organizing, Planning, and Prioritizing Work
• Communicating with People Outside the Organization
• Processing Information

Tools & Technology

Technologies frequently used: Hot technologies: Adobe Acrobat, Apple Safari In-demand technologies: Microsoft Excel

What Major Will Prepare You For This Career?

Programs that train for this career include:

• Business Administration & Management
• Business & Commerce
• Entrepreneurial Studies
• Hospitality Management
• Telecommunications Management
• Economics
• Natural Resource Management

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Related Careers

Careers similar to compliance managers include:

• Security Managers
• Regulatory Affairs Managers
• Compliance Officers
• Environmental Compliance Inspectors
• Government Property Inspectors and Investigators
• Regulatory Affairs Specialists

Also Known As

Accreditation Lieutenant, Accreditation Manager, Anti Money Laundering Compliance Manager (AML Compliance Manager), Audit Manager, Compliance Audit Manager, Compliance Coordinator, Compliance Director, Compliance Manager, Compliance Operations Manager, Compliance Professional, Compliance Program Manager, Corporate Compliance Director, Environmental Health and Safety Director, Environmental Health and Safety Manager, Environmental Manager.

References

• U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics — https://www.bls.gov/oes/
• O*NET Online — https://www.onetonline.org/
• BLS Employment Projections — https://www.bls.gov/emp/
• O*NET-SOC code: 11-9199.02