Compliance manager vs chief compliance officer

The differences between compliance managers 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 $95,130 average annual salary of a compliance manager.

The top three skills for a compliance manager include oversight, ethics and risk management. The most important skills for a chief compliance officer are oversight, compliance issues, and risk management.

Compliance manager vs chief compliance officer overview

	Compliance Manager	Chief Compliance Officer
Yearly salary	$95,130	$102,166
Hourly rate	$45.74	$49.12
Growth rate	-	-
Number of jobs	19,088	76,701
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 60%
Average age	47	46
Years of experience	4	-

What does a compliance manager do?

Compliance managers are professionals who maintain the ethical and legal integrity of an organization. They establish and oversee control systems to deal with and prevent violations against internal policies and legal guidelines. It is their responsibility to assess the efficiency of controls and improve their continuity. They are professionals with exceptional analytical skills as they design control systems, execute regular audits, and enforce organizational policies. The skills necessary for this job include strong communication skills and knowledge of industry regulations and procedures.

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 manager vs chief compliance officer salary

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

	Compliance Manager	Chief Compliance Officer
Average salary	$95,130	$102,166
Salary range	Between $66,000 And $136,000	Between $65,000 And $159,000
Highest paying City	San Francisco, CA	Washington, DC
Highest paying state	California	Delaware
Best paying company	Meta	McKinsey & Company Inc
Best paying industry	Finance	Finance

Differences between compliance manager and chief compliance officer education

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

	Compliance Manager	Chief Compliance Officer
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 60%
Most common major	Business	Law
Most common college	Stanford University	Harvard University

Compliance manager vs chief compliance officer demographics

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

	Compliance Manager	Chief Compliance Officer
Average age	47	46
Gender ratio	Male, 48.6% Female, 51.4%	Male, 64.7% Female, 35.3%
Race ratio	Black or African American, 7.6% Unknown, 4.7% Hispanic or Latino, 12.8% Asian, 8.8% White, 65.4% American Indian and Alaska Native, 0.7%	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 Percentage	10%	12%

Differences between compliance manager and chief compliance officer duties and responsibilities

Compliance manager example responsibilities.

Manage due diligence reviews in regard to FCPA.
Manage CFPB audit on both servicing and originations units.
Lead a team to assess and analyze Dodd-Frank CFTC swap regulations.
Promote to manage system development teams charge with performing new product QA.
Lead department review presentations on impact of new EU regulations effective Jan-2008.
Set up a project PMO team, along with organizing awareness and remediation team leads across every area.

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.

Compliance manager vs chief compliance officer skills

Common compliance manager skills

Oversight, 9%
Ethics, 6%
Risk Management, 6%
Compliance Program, 5%
Regulatory Compliance, 4%
Risk Assessments, 3%

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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Compliance Manager vs Chief Compliance Officer

Updated January 8, 2025

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