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Credit compliance officer vs regulatory compliance specialist

The differences between credit compliance officers and regulatory compliance specialists 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 $63,073 average annual salary of a regulatory compliance specialist.

The top three skills for a credit compliance officer include risk management, regulatory compliance and credit compliance. The most important skills for a regulatory compliance specialist are risk assessments, regulatory compliance, and regulatory agencies.

Credit compliance officer vs regulatory compliance specialist overview

Credit Compliance OfficerRegulatory Compliance Specialist
Yearly salary$140,100$63,073
Hourly rate$67.36$30.32
Growth rate17%-
Number of jobs73,43122,563
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 67%
Average age4646
Years of experience-4

Credit compliance officer vs regulatory compliance specialist salary

Credit compliance officers and regulatory compliance specialists have different pay scales, as shown below.

Credit Compliance OfficerRegulatory Compliance Specialist
Average salary$140,100$63,073
Salary rangeBetween $95,000 And $205,000Between $42,000 And $93,000
Highest paying City-San Francisco, CA
Highest paying state-New Jersey
Best paying company-Microsoft
Best paying industry-Health Care

Differences between credit compliance officer and regulatory compliance specialist education

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

Credit Compliance OfficerRegulatory Compliance Specialist
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 67%
Most common majorFinanceBusiness
Most common collegeUniversity of PennsylvaniaHarvard University

Credit compliance officer vs regulatory compliance specialist demographics

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

Credit Compliance OfficerRegulatory Compliance Specialist
Average age4646
Gender ratioMale, 53.2% Female, 46.8%Male, 42.5% Female, 57.5%
Race ratioBlack 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%Black or African American, 11.1% Unknown, 4.5% Hispanic or Latino, 15.3% Asian, 8.1% White, 60.3% American Indian and Alaska Native, 0.8%
LGBT Percentage12%12%

Differences between credit compliance officer and regulatory compliance specialist duties and responsibilities

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.

Regulatory compliance specialist example responsibilities.

  • Manage an ongoing closure at a former phosphate plant with an emphasis on phosphogypsum stacks and NPDES storm water permits.
  • Manage RCRA permit hazardous waste storage facility.
  • Provide EHS regulatory compliance services to several federal government clients and manage hazardous waste documentation databases.
  • Manage and submit regulatory permit and notification applications to USDA to import, move and release regulate plant materials.
  • Support FDA, ISO, and internal audits as needed.
  • Follow ISO procedures and GMP requirements pertaining to medical devices.
  • Show more

Credit compliance officer vs regulatory compliance specialist skills

Common credit compliance officer skills
  • Risk Management, 42%
  • Regulatory Compliance, 19%
  • Credit Compliance, 14%
  • Compliance Issues, 12%
  • Compliance Reviews, 10%
  • Financial Statements, 2%
Common regulatory compliance specialist skills
  • Risk Assessments, 10%
  • Regulatory Compliance, 9%
  • Regulatory Agencies, 8%
  • HIPAA, 7%
  • Government Regulations, 7%
  • Regulatory Submissions, 7%

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