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The differences between compliance vice presidents and regulatory compliance managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a compliance vice president and a regulatory compliance manager. Additionally, a compliance vice president has an average salary of $103,164, which is higher than the $102,841 average annual salary of a regulatory compliance manager.
The top three skills for a compliance vice president include CMS, compliance program and internal audit. The most important skills for a regulatory compliance manager are oversight, regulatory risk, and CMS.
| Compliance Vice President | Regulatory Compliance Manager | |
| Yearly salary | $103,164 | $102,841 |
| Hourly rate | $49.60 | $49.44 |
| Growth rate | - | - |
| Number of jobs | 46,578 | 25,474 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 68% |
| Average age | 47 | 47 |
| Years of experience | 4 | 4 |
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.
A regulatory compliance manager is responsible for evaluating the company's processes and procedures, ensuring that everything adheres to the internal guidelines and state regulations. Regulatory compliance managers write reports of observational findings, conducting audits on policies, and taking disciplinary actions for violations. They also facilitate regulatory training and programs to inform the employees of the company's procedures to avoid hazards and complications in the workplace. A regulatory compliance manager analyzes incident reports and complaints statements, resolving compliance issues immediately to avoid further reputational damage for the company.
Compliance vice presidents and regulatory compliance managers have different pay scales, as shown below.
| Compliance Vice President | Regulatory Compliance Manager | |
| Average salary | $103,164 | $102,841 |
| Salary range | Between $68,000 And $154,000 | Between $68,000 And $153,000 |
| Highest paying City | Hoboken, NJ | New York, NY |
| Highest paying state | New Jersey | New York |
| Best paying company | Sumitomo Mitsui Financial Group | McKinsey & Company Inc |
| Best paying industry | Finance | Professional |
There are a few differences between a compliance vice president and a regulatory compliance manager in terms of educational background:
| Compliance Vice President | Regulatory Compliance Manager | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between compliance vice presidents' and regulatory compliance managers' demographics:
| Compliance Vice President | Regulatory Compliance Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 56.1% Female, 43.9% | Male, 54.5% Female, 45.5% |
| Race ratio | Black 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, 7.7% Unknown, 4.7% Hispanic or Latino, 12.9% Asian, 9.0% White, 65.1% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 10% | 10% |