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The differences between compliance auditors and audit managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an audit manager has an average salary of $121,419, which is higher than the $64,606 average annual salary of a compliance auditor.
The top three skills for a compliance auditor include audit findings, compliance audits and audit reports. The most important skills for an audit manager are CPA, internal audit, and audit reports.
| Compliance Auditor | Audit Manager | |
| Yearly salary | $64,606 | $121,419 |
| Hourly rate | $31.06 | $58.37 |
| Growth rate | 6% | 17% |
| Number of jobs | 33,704 | 70,168 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 75% |
| Average age | 44 | 46 |
| Years of experience | - | 8 |
A compliance auditor is responsible for reviewing the company's policies and procedures, ensuring the organization's adherence to state and federal regulations. Compliance auditors inspect the operations of each department, adjusting internal guidelines as needed. They also inspect the condition of all facilities, including tools and equipment, network systems, and business operations. A compliance auditor mitigates risks by analyzing the operational processes and conducting a risk assessment study to prevent compliance issues that may pose a negative effect on the company's performance and stability.
An audit manager is responsible for the complete audit process of finances in an organization. They work for banks and report directly to the audit committee. Based on findings gathered, a financial institution can gain vision into their variance and overall performance. They are also responsible for scheduling audits, initiating departmental audits, consolidation, and analysis of audit reports, and reviewing accounting procedures. Moreover, part of their tasks is to create audit finding presentations to be presented to the audit committee. It requires a high amount of accountability to be an effective audit manager.
Compliance auditors and audit managers have different pay scales, as shown below.
| Compliance Auditor | Audit Manager | |
| Average salary | $64,606 | $121,419 |
| Salary range | Between $45,000 And $92,000 | Between $82,000 And $178,000 |
| Highest paying City | New York, NY | Portland, ME |
| Highest paying state | New Jersey | Maine |
| Best paying company | PayPal | Meta |
| Best paying industry | Finance | Manufacturing |
There are a few differences between a compliance auditor and an audit manager in terms of educational background:
| Compliance Auditor | Audit Manager | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 75% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between compliance auditors' and audit managers' demographics:
| Compliance Auditor | Audit Manager | |
| Average age | 44 | 46 |
| Gender ratio | Male, 38.9% Female, 61.1% | Male, 66.0% Female, 34.0% |
| Race ratio | Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.2% White, 64.1% American Indian and Alaska Native, 0.5% | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 7% | 11% |