Q: Is compliance analyst a good job?

Yes, compliance analyst is a good job. Compliance analysts report feeling stable in their day-to-day jobs while having a lot of room for advancement. Many have even reported the job as being low on stress with a preferable work-life balance compared to some other facets in the industry.

Q: How much do compliance analysts make?

Compliance analysts make about $60,900 per year. Prospective entry-level compliance analysts may see about $48,400 annually, while those with extensive experience will see numbers hovering around $69,400 to $77,139 on the higher end.

Q: Is compliance a good career?

Yes, compliance is a good career. Some prefer to follow an executive career path that will take them to the heights of chief corporate compliance officer. Others may choose to continue as a mixed compliance officer, accepting entry-level roles where they screen customers and ensure daily compliance is followed to the high-tier roles that could involve legislative and governance.

Question 1

Is compliance analyst a good job?

Accepted Answer

Yes, compliance analyst is a good job. Compliance analysts report feeling stable in their day-to-day jobs while having a lot of room for advancement.

Many have even reported the job as being low on stress with a preferable work-life balance compared to some other facets in the industry.

Question 2

What are the job responsibilities of a compliance analyst?

Accepted Answer

The job responsibilities of a compliance analyst include understanding and maintaining legal and regulatory parameters, gaining approvals for said legal and regulatory parameters within the company, and maintaining current knowledge of domestic and international regulations and laws.

Question 3

How much do bank compliance analysts make?

Accepted Answer

Bank compliance analysts make approximately $48,100 annually. However, this amount can vary between $41,700 and $65,000 per year. As with many industries, this depends on location, company, and experience level.

Question 4

How much does a compliance analyst make at Goldman Sachs?

Accepted Answer

A compliance analyst for Goldman Sachs makes about $95,000 per year. However, there is room for additional cash bonuses of around $10,400. Those looking to expand their career with Goldman Sachs may find themselves making $104,000 annually as a compliance associate.

Question 5

How much do compliance analysts make?

Accepted Answer

Compliance analysts make about $60,900 per year. Prospective entry-level compliance analysts may see about $48,400 annually, while those with extensive experience will see numbers hovering around $69,400 to $77,139 on the higher end.

Question 6

Is compliance a good career?

Accepted Answer

Yes, compliance is a good career.

Some prefer to follow an executive career path that will take them to the heights of chief corporate compliance officer. Others may choose to continue as a mixed compliance officer, accepting entry-level roles where they screen customers and ensure daily compliance is followed to the high-tier roles that could involve legislative and governance.

Question 7

What qualifications do I need to be a compliance officer?

Accepted Answer

The qualifications you need to be a compliance officer are a bachelor's degree and demonstrating an appropriate skill set. There are no current accredited degrees for compliance; however, a degree in criminal justice, business management, or finance are all preferred modes of entry for budding compliance officers.

Question 8

What skills are needed to be a compliance analyst?

Accepted Answer

The skills needed to be a compliance analyst are knowledge of the industry's legal and ethical practices, heavy analytical and data interpretation skills, and comfort with investigative research and modeling.

Frequently asked questions about compliance analysts

Questions about becoming a compliance analyst