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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 | Senior Compliance Specialist | |
| Yearly salary | $57,330 | $71,381 |
| Hourly rate | $27.56 | $34.32 |
| Growth rate | 6% | - |
| Number of jobs | 34,610 | 23,456 |
| 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 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 specialists and senior compliance specialists have different pay scales, as shown below.
| Compliance Specialist | Senior Compliance Specialist | |
| Average salary | $57,330 | $71,381 |
| Salary range | Between $38,000 And $85,000 | Between $48,000 And $105,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Delaware | California |
| Best paying company | Meta | Genentech |
| Best paying industry | Pharmaceutical | Health Care |
There are a few differences between a compliance specialist and a senior compliance specialist in terms of educational background:
| Compliance Specialist | Senior Compliance Specialist | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | Harvard University | Harvard University |
Here are the differences between compliance specialists' and senior compliance specialists' demographics:
| Compliance Specialist | Senior Compliance Specialist | |
| Average age | 46 | 46 |
| Gender ratio | Male, 38.4% Female, 61.6% | Male, 42.9% Female, 57.1% |
| 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, 11.1% Unknown, 4.5% Hispanic or Latino, 15.5% Asian, 8.1% White, 60.0% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 12% | 12% |