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Compliance analyst vs lead auditor

The differences between compliance analysts and lead auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a lead auditor has an average salary of $85,352, 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 lead auditor are ISO, medicare, and management system.

Compliance analyst vs lead auditor overview

Compliance AnalystLead Auditor
Yearly salary$59,108$85,352
Hourly rate$28.42$41.03
Growth rate6%6%
Number of jobs26,13820,504
Job satisfaction--
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 58%
Average age4644
Years of experience--

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 lead auditor do?

Lead auditors are professionals who are responsible for providing leadership and coordinating work schedules to a team of audit experts within an organization. These lead auditors are required to prepare audit plans and conduct team meetings before conducting internal or external audits at the end of the quarter or year. They must conduct audits to provide reviews to the management about the effectiveness of the overall quality system. Lead auditors must also develop action plans to improve the financial reporting systems of the organization.

Compliance analyst vs lead auditor salary

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

Compliance AnalystLead Auditor
Average salary$59,108$85,352
Salary rangeBetween $39,000 And $87,000Between $62,000 And $115,000
Highest paying CitySan Francisco, CANew York, NY
Highest paying stateCaliforniaNew York
Best paying companyMetaMeta
Best paying industryTechnologyProfessional

Differences between compliance analyst and lead auditor education

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

Compliance AnalystLead Auditor
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 58%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Compliance analyst vs lead auditor demographics

Here are the differences between compliance analysts' and lead auditors' demographics:

Compliance AnalystLead Auditor
Average age4644
Gender ratioMale, 43.5% Female, 56.5%Male, 57.9% Female, 42.1%
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, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.2% White, 63.7% American Indian and Alaska Native, 0.5%
LGBT Percentage12%7%

Differences between compliance analyst and lead auditor 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

Lead auditor example responsibilities.

  • Manage the SOX business process implementation, execution and improvement initiatives.
  • Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
  • Enhance Sarbanes-Oxley (SOX) audit templates to provide standardization and structure that reflect current best practices while maximizing productivity.
  • Work the RMEI/RMAU reports regularly for various Medicare account types.
  • Develop exact specifications to determine why claims are not paid in accordance with specific DME Medicare guidelines.
  • Conduct surveillance and assessment of manufacturing firms, industries and companies to ensure that these systems comply with ISO standards.
  • Show more

Compliance analyst vs lead auditor skills

Common compliance analyst skills
  • PowerPoint, 6%
  • Customer Service, 5%
  • Risk Assessments, 5%
  • Regulatory Compliance, 4%
  • Compliance Issues, 4%
  • Compliance Program, 4%
Common lead auditor skills
  • ISO, 16%
  • Medicare, 10%
  • Management System, 6%
  • Audit Reports, 5%
  • Corrective Action, 5%
  • Internal Controls, 4%

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