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The differences between regulatory compliance managers and senior officers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a regulatory compliance manager, becoming a senior officer takes usually requires 6-8 years. Additionally, a regulatory compliance manager has an average salary of $102,841, which is higher than the $72,721 average annual salary of a senior officer.
The top three skills for a regulatory compliance manager include oversight, regulatory risk and CMS. The most important skills for a senior officer are real estate, professional development, and SR.
| Regulatory Compliance Manager | Senior Officer | |
| Yearly salary | $102,841 | $72,721 |
| Hourly rate | $49.44 | $34.96 |
| Growth rate | - | 17% |
| Number of jobs | 25,474 | 84,196 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 57% |
| Average age | 47 | 46 |
| Years of experience | 4 | 8 |
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.
The duties of a senior officer depend on their line of work or industry of employment. Typically, as a senior officer, it is their duty to supervise and coordinate staff, set goals and guidelines, manage budgets and schedules, gather and analyze data, and produce progress reports, presenting them to managers or executives. They may also address issues and concerns, resolving them promptly and efficiently. Furthermore, a senior officer must lead and encourage staff to reach goals while implementing the organization's policies and regulations.
Regulatory compliance managers and senior officers have different pay scales, as shown below.
| Regulatory Compliance Manager | Senior Officer | |
| Average salary | $102,841 | $72,721 |
| Salary range | Between $68,000 And $153,000 | Between $39,000 And $134,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | McKinsey & Company Inc | U.S. Securities and Exchange Commission |
| Best paying industry | Professional | Finance |
There are a few differences between a regulatory compliance manager and a senior officer in terms of educational background:
| Regulatory Compliance Manager | Senior Officer | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 57% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between regulatory compliance managers' and senior officers' demographics:
| Regulatory Compliance Manager | Senior Officer | |
| Average age | 47 | 46 |
| Gender ratio | Male, 54.5% Female, 45.5% | Male, 67.6% Female, 32.4% |
| Race ratio | 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% | Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 10% | 11% |