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Compliance analyst vs control analyst

The differences between compliance analysts and control analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a control analyst has an average salary of $69,598, which is higher than the $59,108 average annual salary of a compliance analyst.

The top three skills for a compliance analyst include powerpoint, customer service and risk assessments. The most important skills for a control analyst are internal controls, risk assessments, and SOX.

Compliance analyst vs control analyst overview

Compliance AnalystControl Analyst
Yearly salary$59,108$69,598
Hourly rate$28.42$33.46
Growth rate6%11%
Number of jobs26,138133,321
Job satisfaction--
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 69%
Average age4644
Years of experience-4

What does a compliance analyst do?

A compliance analyst is in charge of ensuring that every operation and aspect in a company or facility adheres to the laws and regulations. They are also responsible for conducting regular inspections and assessments, producing reports and presentations, disseminating necessary information and reminders, researching existing policies and laws related to the industry, and remaining updated with new regulations. Furthermore, there are instances when a compliance analyst must gather requirements and process them to receive compliance certifications from agencies.

What does a control analyst do?

A control analyst is an individual who is responsible for identifying weaknesses in the work process of an organization and implement methods to minimize risks. Control analysts are required to supervise the process for incident reports and provide technical guidance to their personnel. They must prepare monthly general ledger account analysis and balance sheets reconciliations that are according to the generally accepted accounting principles (GAAP). Control analysts should also assist with the organization's ISO audit procedures and findings.

Compliance analyst vs control analyst salary

Compliance analysts and control analysts have different pay scales, as shown below.

Compliance AnalystControl Analyst
Average salary$59,108$69,598
Salary rangeBetween $39,000 And $87,000Between $50,000 And $95,000
Highest paying CitySan Francisco, CAJersey City, NJ
Highest paying stateCaliforniaWashington
Best paying companyMetaMeta
Best paying industryTechnologyEnergy

Differences between compliance analyst and control analyst education

There are a few differences between a compliance analyst and a control analyst in terms of educational background:

Compliance AnalystControl Analyst
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaNorthwestern University

Compliance analyst vs control analyst demographics

Here are the differences between compliance analysts' and control analysts' demographics:

Compliance AnalystControl Analyst
Average age4644
Gender ratioMale, 43.5% Female, 56.5%Male, 51.9% Female, 48.1%
Race ratioBlack or African American, 11.5% Unknown, 4.4% Hispanic or Latino, 15.2% Asian, 8.0% White, 60.1% American Indian and Alaska Native, 0.8%Black or African American, 8.3% Unknown, 4.5% Hispanic or Latino, 9.0% Asian, 11.7% White, 66.3% American Indian and Alaska Native, 0.2%
LGBT Percentage12%12%

Differences between compliance analyst and control analyst duties and responsibilities

Compliance analyst example responsibilities.

  • Manage FHA, FHLMC, FNMA, VA and GNMA files.
  • Manage monthly allocation process & governance to non-Germany regions, balancing regions & projects.
  • Serve as TeamRoom/SharePoint administrator, including managing the SharePoint migration project.
  • Lead annual Medicare data validation exams; distribute regulations, hold informational meetings, perform quality assurance checks of data.
  • Participate in OCC exam preparation and review including research and presentation of documentation to achieve compliance with federal examiner requests.
  • Conduct Sarbanes-Oxley on big data audits, analyze statistical trends and control audits for fee governance efforts.
  • Show more

Control analyst example responsibilities.

  • Manage the implementation and roll-out of SharePoint as a team collaboration and document management tool.
  • Develop infrastructure to enable clients to better understand and manage risks associate with their decision environment to capture opportunities.
  • Transform the month-end calculation methodology and analysis process to provide a more accurate and detail fuel accruals and variance analysis.
  • Assist in SQL database applications development custom tailor for company s needs.
  • Provide ad hoc queries as requested by various areas within the bank (SQL).
  • Conduct UAT to make sure that all applications are tested for functionality and are adequately accept by users.
  • Show more

Compliance analyst vs control analyst skills

Common compliance analyst skills
  • PowerPoint, 6%
  • Customer Service, 5%
  • Risk Assessments, 5%
  • Regulatory Compliance, 4%
  • Compliance Issues, 4%
  • Compliance Program, 4%
Common control analyst skills
  • Internal Controls, 8%
  • Risk Assessments, 6%
  • SOX, 5%
  • Internal Audit, 4%
  • Customer Service, 4%
  • Strong Analytical, 4%

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