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The differences between regulatory compliance specialists and senior compliance specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior compliance specialist has an average salary of $71,381, which is higher than the $63,073 average annual salary of a regulatory compliance specialist.
The top three skills for a regulatory compliance specialist include risk assessments, regulatory compliance and regulatory agencies. The most important skills for a senior compliance specialist are risk assessments, regulatory compliance, and regulatory agencies.
| Regulatory Compliance Specialist | Senior Compliance Specialist | |
| Yearly salary | $63,073 | $71,381 |
| Hourly rate | $30.32 | $34.32 |
| Growth rate | - | - |
| Number of jobs | 22,563 | 23,456 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 69% |
| 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 senior compliance specialist is responsible for overseeing business functions and operational processes to ensure that each policy adheres to standard regulations and internal guidelines. Senior compliance specialists inspect the condition of facilities and equipment to prevent potential hazards and operational delays. They also review and resolve incident reports and recommend solutions to minimize risks and maximize productivity in the workplace. A senior compliance specialist plans and facilitates safety training and programs for the employees and reiterate safety policies for strict compliance.
Regulatory compliance specialists and senior compliance specialists have different pay scales, as shown below.
| Regulatory Compliance Specialist | Senior Compliance Specialist | |
| Average salary | $63,073 | $71,381 |
| Salary range | Between $42,000 And $93,000 | Between $48,000 And $105,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | Microsoft | Genentech |
| Best paying industry | Health Care | Health Care |
There are a few differences between a regulatory compliance specialist and a senior compliance specialist in terms of educational background:
| Regulatory Compliance Specialist | Senior Compliance Specialist | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | Harvard University | Harvard University |
Here are the differences between regulatory compliance specialists' and senior compliance specialists' demographics:
| Regulatory Compliance Specialist | Senior Compliance Specialist | |
| Average age | 46 | 46 |
| Gender ratio | Male, 42.5% Female, 57.5% | Male, 42.9% Female, 57.1% |
| 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, 11.1% Unknown, 4.5% Hispanic or Latino, 15.5% Asian, 8.1% White, 60.0% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 12% | 12% |