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Compliance coordinator vs chief compliance officer

The differences between compliance coordinators and chief compliance officers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a chief compliance officer has an average salary of $102,166, which is higher than the $49,472 average annual salary of a compliance coordinator.

The top three skills for a compliance coordinator include customer service, patients and data entry. The most important skills for a chief compliance officer are oversight, compliance issues, and risk management.

Compliance coordinator vs chief compliance officer overview

Compliance CoordinatorChief Compliance Officer
Yearly salary$49,472$102,166
Hourly rate$23.78$49.12
Growth rate6%-
Number of jobs33,82376,701
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 60%
Average age4646
Years of experience--

What does a compliance coordinator do?

A compliance coordinator specializes in ensuring that every aspect of a company adheres to its policies and regulations, including the state laws. Their responsibilities revolve around maintaining an active communication line with different departments to gather and analyze data, identifying vulnerable areas and risks, conducting internal investigations and inspections on compliance violations, assessing workforce performance, and reviewing product and systems documentation. Furthermore, it is essential to gather compliance certifications or data, all while reporting to the risk committee, managers, and other high-ranking officials.

What does a chief compliance officer do?

A CCO or Chief Compliance Officer's primary responsibility is to ensure all procedures or activities are compliant with the company's overall policy and adhering to legal protocols with state and federal laws. Thus, the CCO drafts, proposes and develops compliance programs for the company to implement. Through the chief compliance officer's work, the company can lessen its liabilities and issues that may cause disruptions in production. The CCO is also part of the team that ensures quality in all company processes and activities.

Compliance coordinator vs chief compliance officer salary

Compliance coordinators and chief compliance officers have different pay scales, as shown below.

Compliance CoordinatorChief Compliance Officer
Average salary$49,472$102,166
Salary rangeBetween $34,000 And $71,000Between $65,000 And $159,000
Highest paying CityDover, DEWashington, DC
Highest paying stateDelawareDelaware
Best paying companyMetaMcKinsey & Company Inc
Best paying industryFinanceFinance

Differences between compliance coordinator and chief compliance officer education

There are a few differences between a compliance coordinator and a chief compliance officer in terms of educational background:

Compliance CoordinatorChief Compliance Officer
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 60%
Most common majorBusinessLaw
Most common collegeUniversity of PennsylvaniaHarvard University

Compliance coordinator vs chief compliance officer demographics

Here are the differences between compliance coordinators' and chief compliance officers' demographics:

Compliance CoordinatorChief Compliance Officer
Average age4646
Gender ratioMale, 31.7% Female, 68.3%Male, 64.7% Female, 35.3%
Race ratioBlack or African American, 10.7% Unknown, 4.5% Hispanic or Latino, 15.6% Asian, 8.2% White, 60.3% American Indian and Alaska Native, 0.8%Black or African American, 11.1% Unknown, 4.5% Hispanic or Latino, 15.7% Asian, 8.2% White, 59.7% American Indian and Alaska Native, 0.8%
LGBT Percentage12%12%

Differences between compliance coordinator and chief compliance officer duties and responsibilities

Compliance coordinator example responsibilities.

  • Schedule production from sales forecast, manage a budget, review manufacturing lot records for GMP compliance and make personnel decisions.
  • Participate in OCC exam preparation and review including research and presentation of documentation to achieve compliance with federal examiner requests.
  • Gather detail documentation, and develop PowerPoint presentations on corrective action plans for stakeholder meetings.
  • Develop and implement employee and physician education and training programs relevant to HIPAA regulatory requirements.
  • Understand and live by PPG's ethics and business conduct policies.
  • Publish current database on SharePoint; send to field base representatives.
  • Show more

Chief compliance officer example responsibilities.

  • Achieve desired results of no material audits or investigations thereafter by CMS or OIG.
  • Respond to all regulatory inquiries and manage FINRA routine and trading examinations.
  • Manage successful litigation, arbitration and mediation proceedings, including commercial disputes, product liability, employment and intellectual property.
  • Work closely with industry-leading securities attorneys in matters of pending litigation, consumer complaints, and regulatory investigations.
  • Develop, maintain and enforce policies and procedures relate to anti-money laundering, ethics training, and business continuity.
  • Draft complete sets of HIPAA privacy and security policies and regularly advise clients on state and federal privacy issues.
  • Show more

Compliance coordinator vs chief compliance officer skills

Common compliance coordinator skills
  • Customer Service, 12%
  • Patients, 6%
  • Data Entry, 6%
  • Regulatory Compliance, 6%
  • PowerPoint, 6%
  • Internal Audit, 4%
Common chief compliance officer skills
  • Oversight, 8%
  • Compliance Issues, 6%
  • Risk Management, 6%
  • Ethics, 6%
  • Regulatory Compliance, 5%
  • Risk Assessments, 5%

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