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Compliance investigator vs compliance auditor

The differences between compliance investigators and compliance auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a compliance auditor has an average salary of $64,606, which is higher than the $58,594 average annual salary of a compliance investigator.

The top three skills for a compliance investigator include federal laws, law enforcement and management system. The most important skills for a compliance auditor are audit findings, compliance audits, and audit reports.

Compliance investigator vs compliance auditor overview

Compliance InvestigatorCompliance Auditor
Yearly salary$58,594$64,606
Hourly rate$28.17$31.06
Growth rate3%6%
Number of jobs19,97733,704
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 63%
Average age4644
Years of experience--

What does a compliance investigator do?

A compliance investigator is primarily responsible for ensuring all aspects of a facility or company complies with its policies and regulations, including government laws and standards. Their responsibilities revolve around conducting regular inspections, gathering and assessing documentation, and conducting interviews and assessments. There are also instances when a compliance investigator must travel to different locations, investigate contract adherence, and identify any fraudulent or illegal activities. Furthermore, it is essential to maintain records of all investigations, producing progress reports as needed.

What does a compliance auditor do?

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.

Compliance investigator vs compliance auditor salary

Compliance investigators and compliance auditors have different pay scales, as shown below.

Compliance InvestigatorCompliance Auditor
Average salary$58,594$64,606
Salary rangeBetween $42,000 And $80,000Between $45,000 And $92,000
Highest paying CityMenlo Park, CANew York, NY
Highest paying stateDelawareNew Jersey
Best paying companyMetaPayPal
Best paying industryPharmaceuticalFinance

Differences between compliance investigator and compliance auditor education

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

Compliance InvestigatorCompliance Auditor
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 63%
Most common majorCriminal JusticeBusiness
Most common college-University of Pennsylvania

Compliance investigator vs compliance auditor demographics

Here are the differences between compliance investigators' and compliance auditors' demographics:

Compliance InvestigatorCompliance Auditor
Average age4644
Gender ratioMale, 57.3% Female, 42.7%Male, 38.9% Female, 61.1%
Race ratioBlack or African American, 12.0% Unknown, 4.5% Hispanic or Latino, 15.4% Asian, 8.1% White, 59.3% American Indian and Alaska Native, 0.8%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%
LGBT Percentage12%7%

Differences between compliance investigator and compliance auditor duties and responsibilities

Compliance investigator example responsibilities.

  • Participate in OCC exam preparation and review including research and presentation of documentation to achieve compliance with federal examiner requests.
  • Conduct BSA risk assessments on new products & services.
  • Prepare and conduct yearly bank wide BSA/AML training.
  • Research employee theft, fraud, Medicaid and Medicare contract compliance and computer security issues.
  • Investigate potential AML, KYC and OFAC violations in the Americas and draft reports of findings.
  • Investigate potential OFAC violations, money laundering, and fraudulent financial activity across client business lines.
  • Show more

Compliance auditor example responsibilities.

  • Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
  • Identify any issues that do not conform to CFR, ICH guidelines and corporate expectations.
  • Research HIPAA information from CMS website in order to determine correct revisions for policies and procedures and develop company-wide communications.
  • Coordinate team meetings, maintain calendars, support team with PowerPoint presentations.
  • Prepare and perform in-house presentations (both in person and using JoinMe) using PowerPoint.
  • Evaluate the level of compliance with company policy, GAAP, contract requirements and applicable rules and regulations.
  • Show more

Compliance investigator vs compliance auditor skills

Common compliance investigator skills
  • Federal Laws, 10%
  • Law Enforcement, 10%
  • Management System, 7%
  • Conduct Investigations, 5%
  • Ethics, 5%
  • Due Diligence, 4%
Common compliance auditor skills
  • Audit Findings, 7%
  • Compliance Audits, 7%
  • Audit Reports, 6%
  • Audit Results, 4%
  • CPT, 4%
  • Compliance Program, 4%

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