Post job

Senior compliance analyst vs compliance analyst

The differences between senior compliance analysts and compliance analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior compliance analyst has an average salary of $77,681, which is higher than the $59,108 average annual salary of a compliance analyst.

The top three skills for a senior compliance analyst include compliance program, compliance issues and regulatory compliance. The most important skills for a compliance analyst are powerpoint, customer service, and risk assessments.

Senior compliance analyst vs compliance analyst overview

Senior Compliance AnalystCompliance Analyst
Yearly salary$77,681$59,108
Hourly rate$37.35$28.42
Growth rate-6%
Number of jobs26,47526,138
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 66%
Average age4646
Years of experience--

What does a senior compliance analyst do?

A senior compliance analyst is an individual who is responsible for ensuring an organization's projects, practices, and policies conform to all relevant laws and regulations. Senior compliance analysts are required to work with a team of legal researchers to help the organization adjusts its policies and practices for compliance with new laws. To avoid facing scrutiny from government auditors, senior analysts must review the organization's policies to enhance compliance and improve efficiency. They also assist the organization in obtaining permits from federal or state agencies before launching projects or programs.

What does a compliance analyst do?

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.

Senior compliance analyst vs compliance analyst salary

Senior compliance analysts and compliance analysts have different pay scales, as shown below.

Senior Compliance AnalystCompliance Analyst
Average salary$77,681$59,108
Salary rangeBetween $53,000 And $112,000Between $39,000 And $87,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateNew JerseyCalifornia
Best paying companyBungeMeta
Best paying industryFinanceTechnology

Differences between senior compliance analyst and compliance analyst education

There are a few differences between a senior compliance analyst and a compliance analyst in terms of educational background:

Senior Compliance AnalystCompliance Analyst
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior compliance analyst vs compliance analyst demographics

Here are the differences between senior compliance analysts' and compliance analysts' demographics:

Senior Compliance AnalystCompliance Analyst
Average age4646
Gender ratioMale, 45.7% Female, 54.3%Male, 43.5% Female, 56.5%
Race ratioBlack or African American, 11.0% Unknown, 4.5% Hispanic or Latino, 15.6% Asian, 8.2% White, 59.9% 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 Percentage12%12%

Differences between senior compliance analyst and compliance analyst duties and responsibilities

Senior compliance analyst example responsibilities.

  • Create Access2Care LLC to provide manage medical transportation to manage care entities.
  • Utilize QuickBooks to manage invoicing, track sales, receivable and payables.
  • Manage SOX compliance for entity-level, business process, general computer, and application controls.
  • Manage all aspects of the RIA's operations including portfolio administration, client reporting, information technology and office administration.
  • Participate in OCC exam preparation and review including research and presentation of documentation to achieve compliance with federal examiner requests.
  • Train to work in an ISO 13485 and FDA 21 CFR 820 environment.
  • Show more

Compliance analyst example responsibilities.

  • Manage FHA, FHLMC, FNMA, VA and GNMA files.
  • Manage monthly allocation process & governance to non-Germany regions, balancing regions & projects.
  • Serve as TeamRoom/SharePoint administrator, including managing the SharePoint migration project.
  • Lead annual Medicare data validation exams; distribute regulations, hold informational meetings, perform quality assurance checks of data.
  • Participate in OCC exam preparation and review including research and presentation of documentation to achieve compliance with federal examiner requests.
  • Conduct Sarbanes-Oxley on big data audits, analyze statistical trends and control audits for fee governance efforts.
  • Show more

Senior compliance analyst vs compliance analyst skills

Common senior compliance analyst skills
  • Compliance Program, 5%
  • Compliance Issues, 5%
  • Regulatory Compliance, 5%
  • Internal Controls, 4%
  • Internal Audit, 4%
  • Risk Assessments, 4%
Common compliance analyst skills
  • PowerPoint, 6%
  • Customer Service, 5%
  • Risk Assessments, 5%
  • Regulatory Compliance, 4%
  • Compliance Issues, 4%
  • Compliance Program, 4%

Browse business and financial jobs