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The differences between compliance managers and internal audit managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an internal audit manager has an average salary of $106,222, 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 an internal audit manager are internal controls, risk management, and audit reports.
| Compliance Manager | Internal Audit Manager | |
| Yearly salary | $95,130 | $106,222 |
| Hourly rate | $45.74 | $51.07 |
| Growth rate | - | 6% |
| Number of jobs | 19,088 | 28,405 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 75% |
| Average age | 47 | 44 |
| Years of experience | 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.
An Internal Audit Manager monitors and evaluates how well risks are being managed. They develop recommendations and reports based on audits and present solutions to senior management.
Compliance managers and internal audit managers have different pay scales, as shown below.
| Compliance Manager | Internal Audit Manager | |
| Average salary | $95,130 | $106,222 |
| Salary range | Between $66,000 And $136,000 | Between $74,000 And $151,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Meta | Citi |
| Best paying industry | Finance | Finance |
There are a few differences between a compliance manager and an internal audit manager in terms of educational background:
| Compliance Manager | Internal Audit Manager | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 75% |
| Most common major | Business | Accounting |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between compliance managers' and internal audit managers' demographics:
| Compliance Manager | Internal Audit Manager | |
| Average age | 47 | 44 |
| Gender ratio | Male, 48.6% Female, 51.4% | Male, 70.1% Female, 29.9% |
| 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, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.9% White, 63.3% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 7% |