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The differences between compliance specialists and lead auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a lead auditor has an average salary of $85,352, 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 lead auditor are ISO, medicare, and management system.
| Compliance Specialist | Lead Auditor | |
| Yearly salary | $57,330 | $85,352 |
| Hourly rate | $27.56 | $41.03 |
| Growth rate | 6% | 6% |
| Number of jobs | 34,610 | 20,504 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 58% |
| 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.
Lead auditors are professionals who are responsible for providing leadership and coordinating work schedules to a team of audit experts within an organization. These lead auditors are required to prepare audit plans and conduct team meetings before conducting internal or external audits at the end of the quarter or year. They must conduct audits to provide reviews to the management about the effectiveness of the overall quality system. Lead auditors must also develop action plans to improve the financial reporting systems of the organization.
Compliance specialists and lead auditors have different pay scales, as shown below.
| Compliance Specialist | Lead Auditor | |
| Average salary | $57,330 | $85,352 |
| Salary range | Between $38,000 And $85,000 | Between $62,000 And $115,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | Delaware | New York |
| Best paying company | Meta | Meta |
| Best paying industry | Pharmaceutical | Professional |
There are a few differences between a compliance specialist and a lead auditor in terms of educational background:
| Compliance Specialist | Lead Auditor | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 58% |
| Most common major | Business | Business |
| Most common college | Harvard University | University of Pennsylvania |
Here are the differences between compliance specialists' and lead auditors' demographics:
| Compliance Specialist | Lead Auditor | |
| Average age | 46 | 44 |
| Gender ratio | Male, 38.4% Female, 61.6% | Male, 57.9% Female, 42.1% |
| 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, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.2% White, 63.7% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 12% | 7% |