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The differences between compliance specialists and compliance auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a compliance auditor has an average salary of $64,606, which is higher than the $57,330 average annual salary of a compliance specialist.
The top three skills for a compliance specialist include patients, regulatory compliance and strong analytical. The most important skills for a compliance auditor are audit findings, compliance audits, and audit reports.
| Compliance Specialist | Compliance Auditor | |
| Yearly salary | $57,330 | $64,606 |
| Hourly rate | $27.56 | $31.06 |
| Growth rate | 6% | 6% |
| Number of jobs | 34,610 | 33,704 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 63% |
| Average age | 46 | 44 |
| Years of experience | - | - |
The role of compliance specialists is to ensure that companies comply with relevant industry standards and regulations. Their duties may vary depending on the industry they work in, such as healthcare or banking. Tasks include reviewing their company's business practices to ensure they follow specific regulations, resolving compliance issues that may arise, and being up-to-date with regulatory changes. As a compliance specialist, you should have industry expertise, in-depth knowledge of regulations, and auditing skills.
A compliance auditor is responsible for reviewing the company's policies and procedures, ensuring the organization's adherence to state and federal regulations. Compliance auditors inspect the operations of each department, adjusting internal guidelines as needed. They also inspect the condition of all facilities, including tools and equipment, network systems, and business operations. A compliance auditor mitigates risks by analyzing the operational processes and conducting a risk assessment study to prevent compliance issues that may pose a negative effect on the company's performance and stability.
Compliance specialists and compliance auditors have different pay scales, as shown below.
| Compliance Specialist | Compliance Auditor | |
| Average salary | $57,330 | $64,606 |
| Salary range | Between $38,000 And $85,000 | Between $45,000 And $92,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | Delaware | New Jersey |
| Best paying company | Meta | PayPal |
| Best paying industry | Pharmaceutical | Finance |
There are a few differences between a compliance specialist and a compliance auditor in terms of educational background:
| Compliance Specialist | Compliance Auditor | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | Harvard University | University of Pennsylvania |
Here are the differences between compliance specialists' and compliance auditors' demographics:
| Compliance Specialist | Compliance Auditor | |
| Average age | 46 | 44 |
| Gender ratio | Male, 38.4% Female, 61.6% | Male, 38.9% Female, 61.1% |
| Race ratio | Black or African American, 10.9% Unknown, 4.5% Hispanic or Latino, 15.7% Asian, 8.2% White, 59.8% American Indian and Alaska Native, 0.8% | Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.2% White, 64.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 12% | 7% |