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Contract compliance officer vs credit compliance officer

The differences between contract compliance officers and credit compliance officers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a credit compliance officer has an average salary of $140,100, which is higher than the $54,392 average annual salary of a contract compliance officer.

The top three skills for a contract compliance officer include contract compliance, technical assistance and non-disclosure agreements. The most important skills for a credit compliance officer are risk management, regulatory compliance, and credit compliance.

Contract compliance officer vs credit compliance officer overview

Contract Compliance OfficerCredit Compliance Officer
Yearly salary$54,392$140,100
Hourly rate$26.15$67.36
Growth rate9%17%
Number of jobs77,00573,431
Job satisfaction--
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 61%
Average age4646
Years of experience--

Contract compliance officer vs credit compliance officer salary

Contract compliance officers and credit compliance officers have different pay scales, as shown below.

Contract Compliance OfficerCredit Compliance Officer
Average salary$54,392$140,100
Salary rangeBetween $36,000 And $80,000Between $95,000 And $205,000
Highest paying CitySan Jose, CA-
Highest paying stateDelaware-
Best paying companyHill International-
Best paying industryFinance-

Differences between contract compliance officer and credit compliance officer education

There are a few differences between a contract compliance officer and a credit compliance officer in terms of educational background:

Contract Compliance OfficerCredit Compliance Officer
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 61%
Most common majorBusinessFinance
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Contract compliance officer vs credit compliance officer demographics

Here are the differences between contract compliance officers' and credit compliance officers' demographics:

Contract Compliance OfficerCredit Compliance Officer
Average age4646
Gender ratioMale, 43.6% Female, 56.4%Male, 53.2% Female, 46.8%
Race ratioBlack or African American, 11.2% Unknown, 4.5% Hispanic or Latino, 15.7% Asian, 8.2% White, 59.6% American Indian and Alaska Native, 0.8%Black or African American, 12.7% Unknown, 4.3% Hispanic or Latino, 14.8% Asian, 7.9% White, 59.7% American Indian and Alaska Native, 0.7%
LGBT Percentage12%12%

Differences between contract compliance officer and credit compliance officer duties and responsibilities

Contract compliance officer example responsibilities.

  • Lead and educate internal stakeholders in the proper use of document review and approval processes using SharePoint document management tools.
  • Provide logistics and system design to city downtown project.
  • Write, prepare and distribute RFP packages for all assign projects.
  • Provide information with regards to RFI, RFQ and RFP guidance and instruction.
  • Develop all policies and procedures for agency compliance with HIPAA rules and regulations.
  • Investigate and report alleged violations of rules and regulations, including HIPAA privacy and security incidents ;.
  • Show more

Credit compliance officer example responsibilities.

  • Participate in OCC exam preparation and review including research and presentation of documentation to achieve compliance with federal examiner requests.
  • Identify all transactions in OTC equity securities and ascertain that every recommendation to customers meet suitability standards via exclusion or exemption.
  • Participate in structuring terms and reviewing legal documents for derivative transactions, letters of credit, and liquidity facilities.

Contract compliance officer vs credit compliance officer skills

Common contract compliance officer skills
  • Contract Compliance, 15%
  • Technical Assistance, 6%
  • Non-Disclosure Agreements, 6%
  • Compliance Audits, 5%
  • Purchase Orders, 4%
  • Contract Administration, 4%
Common credit compliance officer skills
  • Risk Management, 42%
  • Regulatory Compliance, 19%
  • Credit Compliance, 14%
  • Compliance Issues, 12%
  • Compliance Reviews, 10%
  • Financial Statements, 2%

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