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Compliance specialist vs senior compliance specialist

The differences between compliance specialists and senior compliance specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior compliance specialist has an average salary of $71,381, 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 specialist are risk assessments, regulatory compliance, and regulatory agencies.

Compliance specialist vs senior compliance specialist overview

Compliance SpecialistSenior Compliance Specialist
Yearly salary$57,330$71,381
Hourly rate$27.56$34.32
Growth rate6%-
Number of jobs34,61023,456
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 specialist do?

A senior compliance specialist is responsible for overseeing business functions and operational processes to ensure that each policy adheres to standard regulations and internal guidelines. Senior compliance specialists inspect the condition of facilities and equipment to prevent potential hazards and operational delays. They also review and resolve incident reports and recommend solutions to minimize risks and maximize productivity in the workplace. A senior compliance specialist plans and facilitates safety training and programs for the employees and reiterate safety policies for strict compliance.

Compliance specialist vs senior compliance specialist salary

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

Compliance SpecialistSenior Compliance Specialist
Average salary$57,330$71,381
Salary rangeBetween $38,000 And $85,000Between $48,000 And $105,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateDelawareCalifornia
Best paying companyMetaGenentech
Best paying industryPharmaceuticalHealth Care

Differences between compliance specialist and senior compliance specialist education

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

Compliance SpecialistSenior Compliance Specialist
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeHarvard UniversityHarvard University

Compliance specialist vs senior compliance specialist demographics

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

Compliance SpecialistSenior Compliance Specialist
Average age4646
Gender ratioMale, 38.4% Female, 61.6%Male, 42.9% Female, 57.1%
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, 15.5% Asian, 8.1% White, 60.0% American Indian and Alaska Native, 0.8%
LGBT Percentage12%12%

Differences between compliance specialist and senior 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

Senior compliance specialist example responsibilities.

  • Assure appropriate licenses are achieve or payments are stop or not allow for any transaction with a possible OFAC issue.
  • Participate in OCC exam preparation and review including research and presentation of documentation to achieve compliance with federal examiner requests.
  • Ensure employee compliance with the healthcare compliance and business ethics policies and guidelines.
  • Arrange HIPAA training for all levels of management, associates and sales staff working with training staff
  • Provide leadership, guidance, support, mentoring, and training for junior level ethics specialist and employee relations specialists.
  • Analyze and review CAPA records ensuring accurate representation of the depth of investigation conduct.
  • Show more

Compliance specialist vs senior compliance specialist skills

Common compliance specialist skills
  • Patients, 9%
  • Regulatory Compliance, 7%
  • Strong Analytical, 5%
  • FDA, 5%
  • Customer Service, 5%
  • PowerPoint, 4%
Common senior compliance specialist skills
  • Risk Assessments, 6%
  • Regulatory Compliance, 5%
  • Regulatory Agencies, 5%
  • Internal Audit, 5%
  • HIPAA, 4%
  • Compliance Program, 4%

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