Post job

Senior compliance specialist vs compliance manager

The differences between senior compliance specialists and compliance managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a compliance manager has an average salary of $95,130, which is higher than the $71,381 average annual salary of a senior compliance specialist.

The top three skills for a senior compliance specialist include risk assessments, regulatory compliance and regulatory agencies. The most important skills for a compliance manager are oversight, ethics, and risk management.

Senior compliance specialist vs compliance manager overview

Senior Compliance SpecialistCompliance Manager
Yearly salary$71,381$95,130
Hourly rate$34.32$45.74
Growth rate--
Number of jobs23,45619,088
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 64%
Average age4647
Years of experience-4

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 manager do?

Compliance managers are professionals who maintain the ethical and legal integrity of an organization. They establish and oversee control systems to deal with and prevent violations against internal policies and legal guidelines. It is their responsibility to assess the efficiency of controls and improve their continuity. They are professionals with exceptional analytical skills as they design control systems, execute regular audits, and enforce organizational policies. The skills necessary for this job include strong communication skills and knowledge of industry regulations and procedures.

Senior compliance specialist vs compliance manager salary

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

Senior Compliance SpecialistCompliance Manager
Average salary$71,381$95,130
Salary rangeBetween $48,000 And $105,000Between $66,000 And $136,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateCaliforniaCalifornia
Best paying companyGenentechMeta
Best paying industryHealth CareFinance

Differences between senior compliance specialist and compliance manager education

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

Senior Compliance SpecialistCompliance Manager
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeHarvard UniversityStanford University

Senior compliance specialist vs compliance manager demographics

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

Senior Compliance SpecialistCompliance Manager
Average age4647
Gender ratioMale, 42.9% Female, 57.1%Male, 48.6% Female, 51.4%
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, 7.6% Unknown, 4.7% Hispanic or Latino, 12.8% Asian, 8.8% White, 65.4% American Indian and Alaska Native, 0.7%
LGBT Percentage12%10%

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

  • Manage due diligence reviews in regard to FCPA.
  • Manage CFPB audit on both servicing and originations units.
  • Lead a team to assess and analyze Dodd-Frank CFTC swap regulations.
  • Promote to manage system development teams charge with performing new product QA.
  • Lead department review presentations on impact of new EU regulations effective Jan-2008.
  • Set up a project PMO team, along with organizing awareness and remediation team leads across every area.
  • Show more

Senior compliance specialist vs compliance manager 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 manager skills
  • Oversight, 9%
  • Ethics, 6%
  • Risk Management, 6%
  • Compliance Program, 5%
  • Regulatory Compliance, 4%
  • Risk Assessments, 3%

Browse business and financial jobs