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According to professionals working in the compliance domain, this field is fun and not boring. If you find this field interesting, you won't mind getting a role as a regulatory compliance officer. The responsibility of a regulatory compliance officer is to make sure that a company complies with its internal bylaws and policies and also with its outside legal and regulatory requirements. Normally, employers hire candidates with a bachelor's degree in management, finance, economics, law, or engineering with relevant knowledge of ethical practices.

However, you will also find many candidates with a bachelor's degree in business or criminal justice who become regulatory compliance officers. By working as a regulatory compliance officer, you can expect to earn $34 an hour and make more than $70,000 per annum. The pay is decent, and you can choose to pursue your career in this field if it is exciting for you.

There is more than meets the eye when it comes to being a regulatory compliance officer. For example, did you know that they make an average of $32.74 an hour? That's $68,102 a year!

What Does a Regulatory Compliance Officer Do

When it comes to the most important skills required to be a regulatory compliance officer, we found that a lot of resumes listed 21.9% of regulatory compliance officers included regulatory agencies, while 6.7% of resumes included risk management, and 6.5% of resumes included ensure compliance. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

Learn more about what a Regulatory Compliance Officer does

How To Become a Regulatory Compliance Officer

If you're interested in becoming a regulatory compliance officer, one of the first things to consider is how much education you need. We've determined that 60.2% of regulatory compliance officers have a bachelor's degree. In terms of higher education levels, we found that 15.4% of regulatory compliance officers have master's degrees. Even though most regulatory compliance officers have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a regulatory compliance officer. When we researched the most common majors for a regulatory compliance officer, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on regulatory compliance officer resumes include doctoral degree degrees or associate degree degrees.

You may find that experience in other jobs will help you become a regulatory compliance officer. In fact, many regulatory compliance officer jobs require experience in a role such as paralegal. Meanwhile, many regulatory compliance officers also have previous career experience in roles such as law clerk or internship.

Regulatory Compliance Officer Career Paths

Average Salary for a Regulatory Compliance Officer

Regulatory Compliance Officers in America make an average salary of $68,102 per year or $33 per hour. The top 10 percent makes over $105,000 per year, while the bottom 10 percent under $43,000 per year.
Average Regulatory Compliance Officer Salary
$68,102 Yearly
$32.74 hourly
$43,000
10 %
$68,000
Median
$105,000
90 %

What Am I Worth?

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Regulatory Compliance Officer Education

Regulatory Compliance Officer Majors

17.6 %
14.1 %
10.7 %

Regulatory Compliance Officer Degrees

Bachelors

60.2 %

Masters

15.4 %

Doctorate

13.5 %

Top Colleges for Regulatory Compliance Officers

1. University of Michigan - Ann Arbor

Ann Arbor, MI • Private

In-State Tuition
$15,262
Enrollment
30,079

2. University of North Carolina at Chapel Hill

Chapel Hill, NC • Private

In-State Tuition
$8,987
Enrollment
18,946

3. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

4. Duke University

Durham, NC • Private

In-State Tuition
$55,695
Enrollment
6,596

5. University of Washington

Seattle, WA • Private

In-State Tuition
$11,207
Enrollment
30,905

6. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

7. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-State Tuition
$14,760
Enrollment
31,451

8. Northeastern University

Boston, MA • Private

In-State Tuition
$51,522
Enrollment
13,760

9. Yale University

New Haven, CT • Private

In-State Tuition
$53,430
Enrollment
5,963

10. SUNY Stony Brook

Stony Brook, NY • Private

In-State Tuition
$9,625
Enrollment
17,407

Top Skills For a Regulatory Compliance Officer

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Regulatory Compliance Officer Demographics

Regulatory Compliance Officer Gender Distribution

Female
Female
52%
Male
Male
48%

After extensive research and analysis, Zippia's data science team found that:

  • Among regulatory compliance officers, 51.7% of them are women, while 48.3% are men.

  • The most common race/ethnicity among regulatory compliance officers is White, which makes up 62.9% of all regulatory compliance officers.

  • The most common foreign language among regulatory compliance officers is Spanish at 53.8%.

Online Courses For Regulatory Compliance Officer That You May Like

Advertising Disclosure  The courses listed below are affiliate links. This means if you click on the link and purchase the course, we may receive a commission.
What is Compliance?
coursera

Compliance isn't only about preventing problems and ensuring that everyone is abiding by laws, rules, and regulations. It's also about the positive impact a robust and ethical compliance program can have on a business or organization. In this course we will discuss why compliance is important - from the needs facing businesses in highly regulated industries to avoiding fines and penalties to preventing reputational and economic nightmares. We'll examine real-world examples of compliance and gove...

HIPAA Compliance Complete Course
udemy
4.2
(1,016)

Protecting Patients and Practices...

Effective Compliance Programs
coursera

Once you have an understanding of what compliance is, and why it may be important, it is natural to wonder next, "What should I do about it?" In this course, we'll explore one of the key factors for creating a positive culture of compliance: human psychology. We'll think about what drives us, what makes us pay attention, what distracts, and how all of these pieces help build a strong belief in an organizational culture of compliance. We will examine formal compliance programs, diving into the nu...

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Best States For a Regulatory Compliance Officer

Some places are better than others when it comes to starting a career as a regulatory compliance officer. The best states for people in this position are California, Connecticut, New Hampshire, and Massachusetts. Regulatory compliance officers make the most in California with an average salary of $94,716. Whereas in Connecticut and New Hampshire, they would average $90,948 and $90,279, respectively. While regulatory compliance officers would only make an average of $87,856 in Massachusetts, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Massachusetts

Total Regulatory Compliance Officer Jobs:
1,581
Highest 10% Earn:
$134,000
Location Quotient:
1.48 Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Rhode Island

Total Regulatory Compliance Officer Jobs:
196
Highest 10% Earn:
$135,000
Location Quotient:
1.39 Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. North Dakota

Total Regulatory Compliance Officer Jobs:
145
Highest 10% Earn:
$118,000
Location Quotient:
1.34 Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Regulatory Compliance Officers

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Top Regulatory Compliance Officer Employers

Most Common Employers For Regulatory Compliance Officer

Rank  Company  Average Salary  Hourly Rate  Job Openings  
1Citi$136,150$65.468
2JPMorgan Chase & Co.$121,959$58.632
3Deutsche Bank$114,897$55.243
4Bank of America$114,171$54.892
5Wells Fargo$113,655$54.6411
6Western Asset Management$88,025$42.322
7Sanofi Genzyme$84,926$40.835
8Cardinal Health$81,117$39.004
9Scripps Health$80,564$38.732
10Health Alliance Plan$76,260$36.662