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The differences between regulatory compliance specialists and compliance analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a regulatory compliance specialist has an average salary of $63,073, which is higher than the $59,108 average annual salary of a compliance analyst.
The top three skills for a regulatory compliance specialist include risk assessments, regulatory compliance and regulatory agencies. The most important skills for a compliance analyst are powerpoint, customer service, and risk assessments.
| Regulatory Compliance Specialist | Compliance Analyst | |
| Yearly salary | $63,073 | $59,108 |
| Hourly rate | $30.32 | $28.42 |
| Growth rate | - | 6% |
| Number of jobs | 22,563 | 26,138 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 66% |
| Average age | 46 | 46 |
| Years of experience | 4 | - |
A regulatory compliance specialist job is to ensure that organizations conform to industry standards, specifications, regulations, and laws. They review operating practices, make and enforce compliance plans, and perform regulatory possible risk management. They may be employed as consultants or hired by an organization. They will review documentation, coordinating regulatory compliance procedures across organizations, collaborating with stakeholders, internal and external, on issues related to compliance, and performing audits. In addition, this job requires extensive experience in regulatory compliance and profound industry knowledge.
A compliance analyst is in charge of ensuring that every operation and aspect in a company or facility adheres to the laws and regulations. They are also responsible for conducting regular inspections and assessments, producing reports and presentations, disseminating necessary information and reminders, researching existing policies and laws related to the industry, and remaining updated with new regulations. Furthermore, there are instances when a compliance analyst must gather requirements and process them to receive compliance certifications from agencies.
Regulatory compliance specialists and compliance analysts have different pay scales, as shown below.
| Regulatory Compliance Specialist | Compliance Analyst | |
| Average salary | $63,073 | $59,108 |
| Salary range | Between $42,000 And $93,000 | Between $39,000 And $87,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | Microsoft | Meta |
| Best paying industry | Health Care | Technology |
There are a few differences between a regulatory compliance specialist and a compliance analyst in terms of educational background:
| Regulatory Compliance Specialist | Compliance Analyst | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Harvard University | University of Pennsylvania |
Here are the differences between regulatory compliance specialists' and compliance analysts' demographics:
| Regulatory Compliance Specialist | Compliance Analyst | |
| Average age | 46 | 46 |
| Gender ratio | Male, 42.5% Female, 57.5% | Male, 43.5% Female, 56.5% |
| Race ratio | 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% | Black or African American, 11.5% Unknown, 4.4% Hispanic or Latino, 15.2% Asian, 8.0% White, 60.1% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 12% | 12% |