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The differences between compliance officers and compliance managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a compliance manager has an average salary of $95,130, which is higher than the $64,058 average annual salary of a compliance officer.
The top three skills for a compliance officer include oversight, risk management and compliance program. The most important skills for a compliance manager are oversight, ethics, and risk management.
| Compliance Officer | Compliance Manager | |
| Yearly salary | $64,058 | $95,130 |
| Hourly rate | $30.80 | $45.74 |
| Growth rate | - | - |
| Number of jobs | 69,161 | 19,088 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 64% |
| Average age | 46 | 47 |
| Years of experience | - | 4 |
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.
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 officers and compliance managers have different pay scales, as shown below.
| Compliance Officer | Compliance Manager | |
| Average salary | $64,058 | $95,130 |
| Salary range | Between $42,000 And $96,000 | Between $66,000 And $136,000 |
| Highest paying City | Wilmington, DE | San Francisco, CA |
| Highest paying state | Delaware | California |
| Best paying company | Meta | Meta |
| Best paying industry | Finance | Finance |
There are a few differences between a compliance officer and a compliance manager in terms of educational background:
| Compliance Officer | Compliance Manager | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | Harvard University | Stanford University |
Here are the differences between compliance officers' and compliance managers' demographics:
| Compliance Officer | Compliance Manager | |
| Average age | 46 | 47 |
| Gender ratio | Male, 48.8% Female, 51.2% | Male, 48.6% Female, 51.4% |
| 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, 7.6% Unknown, 4.7% Hispanic or Latino, 12.8% Asian, 8.8% White, 65.4% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 12% | 10% |