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Compliance specialist vs senior compliance analyst

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 vs senior compliance analyst overview

Compliance SpecialistSenior Compliance Analyst
Yearly salary$57,330$77,681
Hourly rate$27.56$37.35
Growth rate6%-
Number of jobs34,61026,475
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 69%
Average age4646
Years of experience--

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 senior compliance analyst do?

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 specialist vs senior compliance analyst salary

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

Compliance SpecialistSenior Compliance Analyst
Average salary$57,330$77,681
Salary rangeBetween $38,000 And $85,000Between $53,000 And $112,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateDelawareNew Jersey
Best paying companyMetaBunge
Best paying industryPharmaceuticalFinance

Differences between compliance specialist and senior compliance analyst education

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

Compliance SpecialistSenior Compliance Analyst
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeHarvard UniversityUniversity of Pennsylvania

Compliance specialist vs senior compliance analyst demographics

Here are the differences between compliance specialists' and senior compliance analysts' demographics:

Compliance SpecialistSenior Compliance Analyst
Average age4646
Gender ratioMale, 38.4% Female, 61.6%Male, 45.7% Female, 54.3%
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, 11.0% Unknown, 4.5% Hispanic or Latino, 15.6% Asian, 8.2% White, 59.9% American Indian and Alaska Native, 0.8%
LGBT Percentage12%12%

Differences between compliance specialist and senior compliance analyst 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

Senior compliance analyst example responsibilities.

  • Create Access2Care LLC to provide manage medical transportation to manage care entities.
  • Utilize QuickBooks to manage invoicing, track sales, receivable and payables.
  • Manage SOX compliance for entity-level, business process, general computer, and application controls.
  • Manage all aspects of the RIA's operations including portfolio administration, client reporting, information technology and office administration.
  • Participate in OCC exam preparation and review including research and presentation of documentation to achieve compliance with federal examiner requests.
  • Train to work in an ISO 13485 and FDA 21 CFR 820 environment.
  • Show more

Compliance specialist vs senior compliance analyst skills

Common compliance specialist skills
  • Patients, 9%
  • Regulatory Compliance, 7%
  • Strong Analytical, 5%
  • FDA, 5%
  • Customer Service, 5%
  • PowerPoint, 4%
Common senior compliance analyst skills
  • Compliance Program, 5%
  • Compliance Issues, 5%
  • Regulatory Compliance, 5%
  • Internal Controls, 4%
  • Internal Audit, 4%
  • Risk Assessments, 4%

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