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Compliance specialist vs regulatory compliance specialist

The differences between compliance specialists and regulatory compliance specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a regulatory compliance specialist has an average salary of $63,073, 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 regulatory compliance specialist are risk assessments, regulatory compliance, and regulatory agencies.

Compliance specialist vs regulatory compliance specialist overview

Compliance SpecialistRegulatory Compliance Specialist
Yearly salary$57,330$63,073
Hourly rate$27.56$30.32
Growth rate6%-
Number of jobs34,61022,563
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 67%
Average age4646
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 regulatory compliance specialist do?

A regulatory compliance specialist job is to ensure that organizations conform to industry standards, specifications, regulations, and laws. They review operating practices, make and enforce compliance plans, and perform regulatory possible risk management. They may be employed as consultants or hired by an organization. They will review documentation, coordinating regulatory compliance procedures across organizations, collaborating with stakeholders, internal and external, on issues related to compliance, and performing audits. In addition, this job requires extensive experience in regulatory compliance and profound industry knowledge.

Compliance specialist vs regulatory compliance specialist salary

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

Compliance SpecialistRegulatory Compliance Specialist
Average salary$57,330$63,073
Salary rangeBetween $38,000 And $85,000Between $42,000 And $93,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateDelawareNew Jersey
Best paying companyMetaMicrosoft
Best paying industryPharmaceuticalHealth Care

Differences between compliance specialist and regulatory compliance specialist education

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

Compliance SpecialistRegulatory Compliance Specialist
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeHarvard UniversityHarvard University

Compliance specialist vs regulatory compliance specialist demographics

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

Compliance SpecialistRegulatory Compliance Specialist
Average age4646
Gender ratioMale, 38.4% Female, 61.6%Male, 42.5% Female, 57.5%
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, 11.1% Unknown, 4.5% Hispanic or Latino, 15.3% Asian, 8.1% White, 60.3% American Indian and Alaska Native, 0.8%
LGBT Percentage12%12%

Differences between compliance specialist and regulatory compliance specialist 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

Regulatory compliance specialist example responsibilities.

  • Manage an ongoing closure at a former phosphate plant with an emphasis on phosphogypsum stacks and NPDES storm water permits.
  • Manage RCRA permit hazardous waste storage facility.
  • Provide EHS regulatory compliance services to several federal government clients and manage hazardous waste documentation databases.
  • Manage and submit regulatory permit and notification applications to USDA to import, move and release regulate plant materials.
  • Support FDA, ISO, and internal audits as needed.
  • Follow ISO procedures and GMP requirements pertaining to medical devices.
  • Show more

Compliance specialist vs regulatory compliance specialist skills

Common compliance specialist skills
  • Patients, 9%
  • Regulatory Compliance, 7%
  • Strong Analytical, 5%
  • FDA, 5%
  • Customer Service, 5%
  • PowerPoint, 4%
Common regulatory compliance specialist skills
  • Risk Assessments, 10%
  • Regulatory Compliance, 9%
  • Regulatory Agencies, 8%
  • HIPAA, 7%
  • Government Regulations, 7%
  • Regulatory Submissions, 7%

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