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Compliance vice president vs legal compliance officer

The differences between compliance vice presidents and legal compliance officers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a compliance vice president has an average salary of $103,164, which is higher than the $91,936 average annual salary of a legal compliance officer.

The top three skills for a compliance vice president include CMS, compliance program and internal audit. The most important skills for a legal compliance officer are risk management, litigation, and legal compliance.

Compliance vice president vs legal compliance officer overview

Compliance Vice PresidentLegal Compliance Officer
Yearly salary$103,164$91,936
Hourly rate$49.60$44.20
Growth rate-10%
Number of jobs46,57878,480
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 52%
Average age4746
Years of experience4-

What does a compliance vice president do?

Compliance Vice Presidents are executives who lead the compliance department of the company. They set goals and provide strategic direction to the department, oversee all the company's initiatives related to compliance, and ensure that all policies and guidelines are updated to reflect industry standards and the rules set by governing bodies. Compliance Vice Presidents set compliance guidelines for the company. Furthermore, they ensure that the company is compliant with government standards to avoid losing their license to operate.

What does a legal compliance officer do?

The main duty of a Legal Compliance Officer is to ensure that a company is managed legally and ethically. They must guarantee that businesses are conducted in full compliance with all national and international laws.

Compliance vice president vs legal compliance officer salary

Compliance vice presidents and legal compliance officers have different pay scales, as shown below.

Compliance Vice PresidentLegal Compliance Officer
Average salary$103,164$91,936
Salary rangeBetween $68,000 And $154,000Between $52,000 And $161,000
Highest paying CityHoboken, NJClifton, NJ
Highest paying stateNew JerseyNew Jersey
Best paying companySumitomo Mitsui Financial GroupCITGO Petroleum
Best paying industryFinanceManufacturing

Differences between compliance vice president and legal compliance officer education

There are a few differences between a compliance vice president and a legal compliance officer in terms of educational background:

Compliance Vice PresidentLegal Compliance Officer
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 52%
Most common majorBusinessLaw
Most common collegeUniversity of PennsylvaniaStanford University

Compliance vice president vs legal compliance officer demographics

Here are the differences between compliance vice presidents' and legal compliance officers' demographics:

Compliance Vice PresidentLegal Compliance Officer
Average age4746
Gender ratioMale, 56.1% Female, 43.9%Male, 51.8% Female, 48.2%
Race ratioBlack or African American, 7.4% Unknown, 4.7% Hispanic or Latino, 12.5% Asian, 8.8% White, 65.9% American Indian and Alaska Native, 0.7%Black or African American, 11.1% Unknown, 4.5% Hispanic or Latino, 15.6% Asian, 8.2% White, 59.8% American Indian and Alaska Native, 0.8%
LGBT Percentage10%12%

Differences between compliance vice president and legal compliance officer duties and responsibilities

Compliance vice president example responsibilities.

  • Lead the SOX compliance effort with assistance from one direct report.
  • Lead HIPAA investigation and response team as part of theft of laptop containing multiple clients' sensitive information.
  • Manage outside counsel regarding litigation, employment disputes, product liability, and prosecution and protection of intellectual property.
  • Manage successful litigation, arbitration and mediation proceedings, including commercial disputes, product liability, employment and intellectual property.
  • Develop and deliver ethics and compliance training.
  • Ensure coordination of CMS to file management systems.
  • Show more

Legal compliance officer example responsibilities.

  • Manage outside counsel in litigation matters and coordinate internal requirements in connection with litigation.
  • Assist in liaising with insurance authorities, responding to regulatory inquiries and managing relationship with region from legal and business perspective.
  • Review and respond to subpoenas.
  • Provide ethics training and counsel to mission employees.
  • Act in a professional manner with integrity, according to the legal code of ethics of Puerto Rico.
  • Direct the ship's legal activity, including delivery of subpoenas relate to both judicial and non-judicial proceedings.
  • Show more

Compliance vice president vs legal compliance officer skills

Common compliance vice president skills
  • CMS, 10%
  • Compliance Program, 8%
  • Internal Audit, 8%
  • Strategic Thinking, 8%
  • Corrective Action, 7%
  • Compliance Issues, 7%
Common legal compliance officer skills
  • Risk Management, 8%
  • Litigation, 7%
  • Legal Compliance, 5%
  • AML, 5%
  • Legal Issues, 4%
  • Legal Research, 4%

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