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The differences between compliance managers and compliance vice presidents can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a compliance manager and a compliance vice president. Additionally, a compliance vice president has an average salary of $103,164, 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 compliance vice president are CMS, compliance program, and internal audit.
| Compliance Manager | Compliance Vice President | |
| Yearly salary | $95,130 | $103,164 |
| Hourly rate | $45.74 | $49.60 |
| Growth rate | - | - |
| Number of jobs | 19,088 | 46,578 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 68% |
| Average age | 47 | 47 |
| Years of experience | 4 | 4 |
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.
Compliance Vice Presidents are executives who lead the compliance department of the company. They set goals and provide strategic direction to the department, oversee all the company's initiatives related to compliance, and ensure that all policies and guidelines are updated to reflect industry standards and the rules set by governing bodies. Compliance Vice Presidents set compliance guidelines for the company. Furthermore, they ensure that the company is compliant with government standards to avoid losing their license to operate.
Compliance managers and compliance vice presidents have different pay scales, as shown below.
| Compliance Manager | Compliance Vice President | |
| Average salary | $95,130 | $103,164 |
| Salary range | Between $66,000 And $136,000 | Between $68,000 And $154,000 |
| Highest paying City | San Francisco, CA | Hoboken, NJ |
| Highest paying state | California | New Jersey |
| Best paying company | Meta | Sumitomo Mitsui Financial Group |
| Best paying industry | Finance | Finance |
There are a few differences between a compliance manager and a compliance vice president in terms of educational background:
| Compliance Manager | Compliance Vice President | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between compliance managers' and compliance vice presidents' demographics:
| Compliance Manager | Compliance Vice President | |
| Average age | 47 | 47 |
| Gender ratio | Male, 48.6% Female, 51.4% | Male, 56.1% Female, 43.9% |
| 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, 7.4% Unknown, 4.7% Hispanic or Latino, 12.5% Asian, 8.8% White, 65.9% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 10% | 10% |