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Senior compliance specialist vs compliance analyst

The differences between senior compliance specialists and compliance analysts 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 $59,108 average annual salary of a compliance analyst.

The top three skills for a senior 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.

Senior compliance specialist vs compliance analyst overview

Senior Compliance SpecialistCompliance Analyst
Yearly salary$71,381$59,108
Hourly rate$34.32$28.42
Growth rate-6%
Number of jobs23,45626,138
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 66%
Average age4646
Years of experience--

What does a senior compliance specialist do?

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.

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 specialist vs compliance analyst salary

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

Senior Compliance SpecialistCompliance Analyst
Average salary$71,381$59,108
Salary rangeBetween $48,000 And $105,000Between $39,000 And $87,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateCaliforniaCalifornia
Best paying companyGenentechMeta
Best paying industryHealth CareTechnology

Differences between senior compliance specialist and compliance analyst education

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

Senior Compliance SpecialistCompliance Analyst
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeHarvard UniversityUniversity of Pennsylvania

Senior compliance specialist vs compliance analyst demographics

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

Senior Compliance SpecialistCompliance Analyst
Average age4646
Gender ratioMale, 42.9% Female, 57.1%Male, 43.5% Female, 56.5%
Race ratioBlack 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%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 specialist and compliance analyst duties and responsibilities

Senior compliance specialist example responsibilities.

  • Assure appropriate licenses are achieve or payments are stop or not allow for any transaction with a possible OFAC issue.
  • Participate in OCC exam preparation and review including research and presentation of documentation to achieve compliance with federal examiner requests.
  • Ensure employee compliance with the healthcare compliance and business ethics policies and guidelines.
  • Arrange HIPAA training for all levels of management, associates and sales staff working with training staff
  • Provide leadership, guidance, support, mentoring, and training for junior level ethics specialist and employee relations specialists.
  • Analyze and review CAPA records ensuring accurate representation of the depth of investigation conduct.
  • 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 specialist vs compliance analyst skills

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

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