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The differences between compliance officers and requirements managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a requirements manager has an average salary of $87,310, 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 requirements manager are java, client facing, and emerging technologies.
| Compliance Officer | Requirements Manager | |
| Yearly salary | $64,058 | $87,310 |
| Hourly rate | $30.80 | $41.98 |
| Growth rate | - | 16% |
| Number of jobs | 69,161 | 64,837 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 64% |
| Average age | 46 | 47 |
| Years of experience | - | 8 |
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 Requirements Manager develops and oversees procedures to ensure that projects meet their needs. They focus on identifying project requirements through extensive research and analysis, conceptualizing plans to attain them. There are also instances when they must spearhead product and requirement reviews, identifying their strengths and weaknesses to develop solutions against potential problem areas. Most Requirements Managers manage development teams, leading and encouraging them to reach goals while implementing company standards and regulations for a smooth and efficient workflow.
Compliance officers and requirements managers have different pay scales, as shown below.
| Compliance Officer | Requirements Manager | |
| Average salary | $64,058 | $87,310 |
| Salary range | Between $42,000 And $96,000 | Between $56,000 And $135,000 |
| Highest paying City | Wilmington, DE | - |
| Highest paying state | Delaware | - |
| Best paying company | Meta | - |
| Best paying industry | Finance | - |
There are a few differences between a compliance officer and a requirements manager in terms of educational background:
| Compliance Officer | Requirements Manager | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | Harvard University | Carnegie Mellon University |
Here are the differences between compliance officers' and requirements managers' demographics:
| Compliance Officer | Requirements Manager | |
| Average age | 46 | 47 |
| Gender ratio | Male, 48.8% Female, 51.2% | Male, 66.8% Female, 33.2% |
| 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, 6.8% Unknown, 5.2% Hispanic or Latino, 10.2% Asian, 12.6% White, 65.1% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 11% |