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The differences between compliance program managers and chief compliance officers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a chief compliance officer has an average salary of $102,166, which is higher than the $98,403 average annual salary of a compliance program manager.
The top three skills for a compliance program manager include compliance program, project management and oversight. The most important skills for a chief compliance officer are oversight, compliance issues, and risk management.
| Compliance Program Manager | Chief Compliance Officer | |
| Yearly salary | $98,403 | $102,166 |
| Hourly rate | $47.31 | $49.12 |
| Growth rate | - | - |
| Number of jobs | 103,257 | 76,701 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 60% |
| Average age | 47 | 46 |
| Years of experience | 4 | - |
A compliance program manager is in charge of devising strategies to ensure a company's overall compliance with policies and regulations. Their responsibilities revolve around coordinating with different departments and officers to gather data, conducting inspections and observations, and assessing the efficiency of quality control programs. They may also perform audits and investigate violations, dealing with them accordingly. Furthermore, as a compliance program manager, it is essential to implement the company's policies and regulations, creating new ones as needed.
A CCO or Chief Compliance Officer's primary responsibility is to ensure all procedures or activities are compliant with the company's overall policy and adhering to legal protocols with state and federal laws. Thus, the CCO drafts, proposes and develops compliance programs for the company to implement. Through the chief compliance officer's work, the company can lessen its liabilities and issues that may cause disruptions in production. The CCO is also part of the team that ensures quality in all company processes and activities.
Compliance program managers and chief compliance officers have different pay scales, as shown below.
| Compliance Program Manager | Chief Compliance Officer | |
| Average salary | $98,403 | $102,166 |
| Salary range | Between $70,000 And $137,000 | Between $65,000 And $159,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | California | Delaware |
| Best paying company | Apple | McKinsey & Company Inc |
| Best paying industry | Start-up | Finance |
There are a few differences between a compliance program manager and a chief compliance officer in terms of educational background:
| Compliance Program Manager | Chief Compliance Officer | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 60% |
| Most common major | Business | Law |
| Most common college | Stanford University | Harvard University |
Here are the differences between compliance program managers' and chief compliance officers' demographics:
| Compliance Program Manager | Chief Compliance Officer | |
| Average age | 47 | 46 |
| Gender ratio | Male, 49.5% Female, 50.5% | Male, 64.7% Female, 35.3% |
| Race ratio | Black or African American, 7.7% Unknown, 4.7% Hispanic or Latino, 12.9% Asian, 9.0% White, 65.1% American Indian and Alaska Native, 0.7% | Black or African American, 11.1% Unknown, 4.5% Hispanic or Latino, 15.7% Asian, 8.2% White, 59.7% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 10% | 12% |