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Contract compliance officer vs finance compliance officer

The differences between contract compliance officers and finance compliance officers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a finance compliance officer has an average salary of $76,275, 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 finance compliance officer are AML, BSA, and transaction monitoring.

Contract compliance officer vs finance compliance officer overview

Contract Compliance OfficerFinance Compliance Officer
Yearly salary$54,392$76,275
Hourly rate$26.15$36.67
Growth rate9%21%
Number of jobs77,005135,277
Job satisfaction--
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 66%
Average age4646
Years of experience--

Contract compliance officer vs finance compliance officer salary

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

Contract Compliance OfficerFinance Compliance Officer
Average salary$54,392$76,275
Salary rangeBetween $36,000 And $80,000Between $49,000 And $117,000
Highest paying CitySan Jose, CA-
Highest paying stateDelaware-
Best paying companyHill International-
Best paying industryFinance-

Differences between contract compliance officer and finance compliance officer education

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

Contract Compliance OfficerFinance Compliance Officer
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 66%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Contract compliance officer vs finance compliance officer demographics

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

Contract Compliance OfficerFinance Compliance Officer
Average age4646
Gender ratioMale, 43.6% Female, 56.4%Male, 59.3% Female, 40.7%
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, 10.8% Unknown, 4.5% Hispanic or Latino, 15.8% Asian, 8.3% White, 59.8% American Indian and Alaska Native, 0.8%
LGBT Percentage12%12%

Differences between contract compliance officer and finance 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

Finance compliance officer example responsibilities.

  • Participate in OCC exam preparation and review including research and presentation of documentation to achieve compliance with federal examiner requests.
  • Enforce and ensure compliance with laws and regulations governing financial and securities institutions and financial transactions.
  • Review and approve financial and non-financial disclosures to ensure compliance with federal securities regulations and FINRA rules and regulations.
  • Develop oversight programs for enhance supervisory scenarios, engage others to act responsibly and minimize operational risks and internal controls issues.
  • Prepare bi-weekly update of subcontract reports and update closeout status in SharePoint.
  • Document data for alert investigation and review in an internal SharePoint system.
  • Show more

Contract compliance officer vs finance 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 finance compliance officer skills
  • AML, 17%
  • BSA, 14%
  • Transaction Monitoring, 9%
  • OFAC, 9%
  • Financial Services, 8%
  • Risk Management, 5%

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