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Compliance specialist vs compliance manager

The differences between compliance specialists 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 $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 manager are oversight, ethics, and risk management.

Compliance specialist vs compliance manager overview

Compliance SpecialistCompliance Manager
Yearly salary$57,330$95,130
Hourly rate$27.56$45.74
Growth rate6%-
Number of jobs34,61019,088
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 64%
Average age4647
Years of experience-4

What does a compliance specialist do?

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.

What does a compliance manager do?

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 specialist vs compliance manager salary

Compliance specialists and compliance managers have different pay scales, as shown below.

Compliance SpecialistCompliance Manager
Average salary$57,330$95,130
Salary rangeBetween $38,000 And $85,000Between $66,000 And $136,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateDelawareCalifornia
Best paying companyMetaMeta
Best paying industryPharmaceuticalFinance

Differences between compliance specialist and compliance manager education

There are a few differences between a compliance specialist and a compliance manager in terms of educational background:

Compliance SpecialistCompliance Manager
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeHarvard UniversityStanford University

Compliance specialist vs compliance manager demographics

Here are the differences between compliance specialists' and compliance managers' demographics:

Compliance SpecialistCompliance Manager
Average age4647
Gender ratioMale, 38.4% Female, 61.6%Male, 48.6% Female, 51.4%
Race ratioBlack 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, 7.6% Unknown, 4.7% Hispanic or Latino, 12.8% Asian, 8.8% White, 65.4% American Indian and Alaska Native, 0.7%
LGBT Percentage12%10%

Differences between compliance specialist and compliance manager duties and responsibilities

Compliance specialist example responsibilities.

  • Lead bi-weekly Medicaid meetings to maintain effective communication with all staff regarding AHCA updates and notifications.
  • Manage and submit regulatory permit and notification applications to USDA to import, move and release regulate plant materials.
  • Participate in OCC exam preparation and review including research and presentation of documentation to achieve compliance with federal examiner requests.
  • Access the IDX system to obtain patient billing information in order to review Medicare and Medicaid payments.
  • Develop training materials to be used company-wide for regulatory mandate continuing education; create written policy manual for ethics and compliance.
  • Perform SOX control testing and validation.
  • Show more

Compliance manager example responsibilities.

  • Manage due diligence reviews in regard to FCPA.
  • Manage CFPB audit on both servicing and originations units.
  • Lead a team to assess and analyze Dodd-Frank CFTC swap regulations.
  • Promote to manage system development teams charge with performing new product QA.
  • Lead department review presentations on impact of new EU regulations effective Jan-2008.
  • Set up a project PMO team, along with organizing awareness and remediation team leads across every area.
  • Show more

Compliance specialist vs compliance manager skills

Common compliance specialist skills
  • Patients, 9%
  • Regulatory Compliance, 7%
  • Strong Analytical, 5%
  • FDA, 5%
  • Customer Service, 5%
  • PowerPoint, 4%
Common compliance manager skills
  • Oversight, 9%
  • Ethics, 6%
  • Risk Management, 6%
  • Compliance Program, 5%
  • Regulatory Compliance, 4%
  • Risk Assessments, 3%

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