Post job

Senior compliance specialist vs compliance investigator

The differences between senior compliance specialists and compliance investigators 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 $58,594 average annual salary of a compliance investigator.

The top three skills for a senior compliance specialist include risk assessments, regulatory compliance and regulatory agencies. The most important skills for a compliance investigator are federal laws, law enforcement, and management system.

Senior compliance specialist vs compliance investigator overview

Senior Compliance SpecialistCompliance Investigator
Yearly salary$71,381$58,594
Hourly rate$34.32$28.17
Growth rate-3%
Number of jobs23,45619,977
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 65%
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 investigator do?

A compliance investigator is primarily responsible for ensuring all aspects of a facility or company complies with its policies and regulations, including government laws and standards. Their responsibilities revolve around conducting regular inspections, gathering and assessing documentation, and conducting interviews and assessments. There are also instances when a compliance investigator must travel to different locations, investigate contract adherence, and identify any fraudulent or illegal activities. Furthermore, it is essential to maintain records of all investigations, producing progress reports as needed.

Senior compliance specialist vs compliance investigator salary

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

Senior Compliance SpecialistCompliance Investigator
Average salary$71,381$58,594
Salary rangeBetween $48,000 And $105,000Between $42,000 And $80,000
Highest paying CitySan Francisco, CAMenlo Park, CA
Highest paying stateCaliforniaDelaware
Best paying companyGenentechMeta
Best paying industryHealth CarePharmaceutical

Differences between senior compliance specialist and compliance investigator education

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

Senior Compliance SpecialistCompliance Investigator
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 65%
Most common majorBusinessCriminal Justice
Most common collegeHarvard University-

Senior compliance specialist vs compliance investigator demographics

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

Senior Compliance SpecialistCompliance Investigator
Average age4646
Gender ratioMale, 42.9% Female, 57.1%Male, 57.3% Female, 42.7%
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, 12.0% Unknown, 4.5% Hispanic or Latino, 15.4% Asian, 8.1% White, 59.3% American Indian and Alaska Native, 0.8%
LGBT Percentage12%12%

Differences between senior compliance specialist and compliance investigator 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 investigator example responsibilities.

  • Participate in OCC exam preparation and review including research and presentation of documentation to achieve compliance with federal examiner requests.
  • Conduct BSA risk assessments on new products & services.
  • Prepare and conduct yearly bank wide BSA/AML training.
  • Research employee theft, fraud, Medicaid and Medicare contract compliance and computer security issues.
  • Investigate potential AML, KYC and OFAC violations in the Americas and draft reports of findings.
  • Investigate potential OFAC violations, money laundering, and fraudulent financial activity across client business lines.
  • Show more

Senior compliance specialist vs compliance investigator 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 investigator skills
  • Federal Laws, 10%
  • Law Enforcement, 10%
  • Management System, 7%
  • Conduct Investigations, 5%
  • Ethics, 5%
  • Due Diligence, 4%

Browse business and financial jobs