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The differences between senior compliance analysts and regulatory compliance specialists 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 $63,073 average annual salary of a regulatory compliance specialist.
The top three skills for a senior compliance analyst include compliance program, compliance issues and regulatory compliance. The most important skills for a regulatory compliance specialist are risk assessments, regulatory compliance, and regulatory agencies.
| Senior Compliance Analyst | Regulatory Compliance Specialist | |
| Yearly salary | $77,681 | $63,073 |
| Hourly rate | $37.35 | $30.32 |
| Growth rate | - | - |
| Number of jobs | 26,475 | 22,563 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 67% |
| Average age | 46 | 46 |
| Years of experience | - | 4 |
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.
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.
Senior compliance analysts and regulatory compliance specialists have different pay scales, as shown below.
| Senior Compliance Analyst | Regulatory Compliance Specialist | |
| Average salary | $77,681 | $63,073 |
| Salary range | Between $53,000 And $112,000 | Between $42,000 And $93,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | Bunge | Microsoft |
| Best paying industry | Finance | Health Care |
There are a few differences between a senior compliance analyst and a regulatory compliance specialist in terms of educational background:
| Senior Compliance Analyst | Regulatory Compliance Specialist | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Harvard University |
Here are the differences between senior compliance analysts' and regulatory compliance specialists' demographics:
| Senior Compliance Analyst | Regulatory Compliance Specialist | |
| Average age | 46 | 46 |
| Gender ratio | Male, 45.7% Female, 54.3% | Male, 42.5% Female, 57.5% |
| Race ratio | Black 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, 11.1% Unknown, 4.5% Hispanic or Latino, 15.3% Asian, 8.1% White, 60.3% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 12% | 12% |