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The differences between compliance officers and compliance analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a compliance officer has an average salary of $64,058, which is higher than the $59,108 average annual salary of a compliance analyst.
The top three skills for a compliance officer include oversight, risk management and compliance program. The most important skills for a compliance analyst are powerpoint, customer service, and risk assessments.
| Compliance Officer | Compliance Analyst | |
| Yearly salary | $64,058 | $59,108 |
| Hourly rate | $30.80 | $28.42 |
| Growth rate | - | 6% |
| Number of jobs | 69,161 | 26,138 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 66% |
| Average age | 46 | 46 |
| Years of experience | - | - |
A compliance officer is responsible for monitoring company operations, ensuring that all the processes and members are adhering to the regulatory and procedural policies set by the company. Compliance officers' duties also include proposing compliance programs, reviewing and updating existing company policies with management approval, taking immediate actions for policy violations, and mitigating risks. A compliance officer must have extensive knowledge of legal procedures and regulatory standards to manage and evaluate problems, providing meaningful solutions, and keep the company's positive reputation.
A compliance analyst is in charge of ensuring that every operation and aspect in a company or facility adheres to the laws and regulations. They are also responsible for conducting regular inspections and assessments, producing reports and presentations, disseminating necessary information and reminders, researching existing policies and laws related to the industry, and remaining updated with new regulations. Furthermore, there are instances when a compliance analyst must gather requirements and process them to receive compliance certifications from agencies.
Compliance officers and compliance analysts have different pay scales, as shown below.
| Compliance Officer | Compliance Analyst | |
| Average salary | $64,058 | $59,108 |
| Salary range | Between $42,000 And $96,000 | Between $39,000 And $87,000 |
| Highest paying City | Wilmington, DE | San Francisco, CA |
| Highest paying state | Delaware | California |
| Best paying company | Meta | Meta |
| Best paying industry | Finance | Technology |
There are a few differences between a compliance officer and a compliance analyst in terms of educational background:
| Compliance Officer | Compliance Analyst | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Harvard University | University of Pennsylvania |
Here are the differences between compliance officers' and compliance analysts' demographics:
| Compliance Officer | Compliance Analyst | |
| Average age | 46 | 46 |
| Gender ratio | Male, 48.8% Female, 51.2% | Male, 43.5% Female, 56.5% |
| Race ratio | Black or African American, 11.1% Unknown, 4.5% Hispanic or Latino, 15.9% Asian, 8.3% White, 59.4% American Indian and Alaska Native, 0.8% | Black or African American, 11.5% Unknown, 4.4% Hispanic or Latino, 15.2% Asian, 8.0% White, 60.1% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 12% | 12% |