Post job

Senior compliance specialist vs lead auditor

The differences between senior compliance specialists and lead auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a lead auditor has an average salary of $85,352, 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 lead auditor are ISO, medicare, and management system.

Senior compliance specialist vs lead auditor overview

Senior Compliance SpecialistLead Auditor
Yearly salary$71,381$85,352
Hourly rate$34.32$41.03
Growth rate-6%
Number of jobs23,45620,504
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 58%
Average age4644
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 lead auditor do?

Lead auditors are professionals who are responsible for providing leadership and coordinating work schedules to a team of audit experts within an organization. These lead auditors are required to prepare audit plans and conduct team meetings before conducting internal or external audits at the end of the quarter or year. They must conduct audits to provide reviews to the management about the effectiveness of the overall quality system. Lead auditors must also develop action plans to improve the financial reporting systems of the organization.

Senior compliance specialist vs lead auditor salary

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

Senior Compliance SpecialistLead Auditor
Average salary$71,381$85,352
Salary rangeBetween $48,000 And $105,000Between $62,000 And $115,000
Highest paying CitySan Francisco, CANew York, NY
Highest paying stateCaliforniaNew York
Best paying companyGenentechMeta
Best paying industryHealth CareProfessional

Differences between senior compliance specialist and lead auditor education

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

Senior Compliance SpecialistLead Auditor
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 58%
Most common majorBusinessBusiness
Most common collegeHarvard UniversityUniversity of Pennsylvania

Senior compliance specialist vs lead auditor demographics

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

Senior Compliance SpecialistLead Auditor
Average age4644
Gender ratioMale, 42.9% Female, 57.1%Male, 57.9% Female, 42.1%
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, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.2% White, 63.7% American Indian and Alaska Native, 0.5%
LGBT Percentage12%7%

Differences between senior compliance specialist and lead auditor 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

Lead auditor example responsibilities.

  • Manage the SOX business process implementation, execution and improvement initiatives.
  • Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
  • Enhance Sarbanes-Oxley (SOX) audit templates to provide standardization and structure that reflect current best practices while maximizing productivity.
  • Work the RMEI/RMAU reports regularly for various Medicare account types.
  • Develop exact specifications to determine why claims are not paid in accordance with specific DME Medicare guidelines.
  • Conduct surveillance and assessment of manufacturing firms, industries and companies to ensure that these systems comply with ISO standards.
  • Show more

Senior compliance specialist vs lead auditor skills

Common senior compliance specialist skills
  • Risk Assessments, 6%
  • Regulatory Compliance, 5%
  • Regulatory Agencies, 5%
  • Internal Audit, 5%
  • HIPAA, 4%
  • Compliance Program, 4%
Common lead auditor skills
  • ISO, 16%
  • Medicare, 10%
  • Management System, 6%
  • Audit Reports, 5%
  • Corrective Action, 5%
  • Internal Controls, 4%

Browse business and financial jobs