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The differences between compliance specialists and senior compliance analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior compliance analyst has an average salary of $77,681, 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 senior compliance analyst are compliance program, compliance issues, and regulatory compliance.
| Compliance Specialist | Senior Compliance Analyst | |
| Yearly salary | $57,330 | $77,681 |
| Hourly rate | $27.56 | $37.35 |
| Growth rate | 6% | - |
| Number of jobs | 34,610 | 26,475 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 69% |
| Average age | 46 | 46 |
| 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 senior compliance analyst is an individual who is responsible for ensuring an organization's projects, practices, and policies conform to all relevant laws and regulations. Senior compliance analysts are required to work with a team of legal researchers to help the organization adjusts its policies and practices for compliance with new laws. To avoid facing scrutiny from government auditors, senior analysts must review the organization's policies to enhance compliance and improve efficiency. They also assist the organization in obtaining permits from federal or state agencies before launching projects or programs.
Compliance specialists and senior compliance analysts have different pay scales, as shown below.
| Compliance Specialist | Senior Compliance Analyst | |
| Average salary | $57,330 | $77,681 |
| Salary range | Between $38,000 And $85,000 | Between $53,000 And $112,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Delaware | New Jersey |
| Best paying company | Meta | Bunge |
| Best paying industry | Pharmaceutical | Finance |
There are a few differences between a compliance specialist and a senior compliance analyst in terms of educational background:
| Compliance Specialist | Senior Compliance Analyst | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | Harvard University | University of Pennsylvania |
Here are the differences between compliance specialists' and senior compliance analysts' demographics:
| Compliance Specialist | Senior Compliance Analyst | |
| Average age | 46 | 46 |
| Gender ratio | Male, 38.4% Female, 61.6% | Male, 45.7% Female, 54.3% |
| 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, 11.0% Unknown, 4.5% Hispanic or Latino, 15.6% Asian, 8.2% White, 59.9% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 12% | 12% |