What are the highest paying compliance jobs?

High Paying Compliance Specialist Jobs

  • Senior Compliance Analyst. Salary range: $79,500-$112,500 per year.
  • IT Compliance Analyst.
  • Regulatory and Compliance Technician.
  • Compliance Quality Performance Analyst.
  • Compliance Analyst.
  • Compliance Testing Analyst.
  • Compliance Associate.
  • Compliance Examiner.

Do compliance officers get bonuses?

The average bonus for a Compliance Officer is $11,875 which represents 11% of their salary, with 75% of people reporting that they receive a bonus each year. Compliance Officers make the most in San Francisco, CA at $138,144, averaging total compensation 33% greater than the US average.

What does a regulatory compliance specialist do?

Regulatory compliance specialists ensure that organizations comply with industry specifications, standards, regulations, and laws. They review operational practices, create and enforce compliance plans, and perform regulatory risk management. They may be employed by organizations or work as consultants.

Is compliance a good career?

Compliance Officers rank #17 in Best Business Jobs. Jobs are ranked according to their ability to offer an elusive mix of factors. Read more about how we rank the best jobs.

Are compliance jobs stressful?

Compliance may well be more stressful than many other occupations. It may be more stressful than the average job. Compliance officers may experience mental health issues at higher rates, report higher instances of depression, anxiety or burnout and enjoy less professional fulfillment than others.

What is a compliance officer salary?

An early career Compliance Officer with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of ₦1,688,268 based on 15 salaries. A mid-career Compliance Officer with 5-9 years of experience earns an average total compensation of ₦3,050,000 based on 6 salaries.

What are the four responsibilities of a compliance officer?

What are the typical duties and responsibilities?

  • Coordinate, review and update existing accounting policies and procedures.
  • Manage the ongoing review of materials and communication tools to ensure departments meet compliance requirements.
  • Adhere to regulatory reporting guidelines and filing deadlines.

What is a compliance analyst salary?

The Average Compliance Analyst salary in London is £58,006. 0. New jobs added in the last day. 139. Jobs in Reed.co.uk, ranging from £30,500 to £126,166.

Is compliance a stressful job?

Is compliance risky job?

Due to a variety of factors, compliance roles remain some of the most stressful, risky jobs in the world today, but as seen above, they can also have their perks.

Is compliance a boring job?

Compliance is boring Despite the Compliance Manager’s best attempts to engage their audience they’re seldom successful. This is concerning because, despite what you’ve read, Compliance is inherently interesting. It’s multi-disciplinary, challenging, complex, constantly evolving and dynamic.

What does a bank compliance officer do?

The Compliance Officer analyzes risk related to compliance and performs reviews, evaluations and audits related to compliance issues/concerns within the Bank. The Compliance Officer recommends changes to policy and training to implement regulatory changes.

What does a compliance analyst do at a bank?

A Compliance Analyst (Banking) monitors customer accounts and researches complex transactions to identify suspicious activity in violation of the Bank Secrecy Act (BSA), USA Patriot Act, and other Anti-Money Laundering (AML) regulations.

How much does compliance analyst earn in UK?

The average compliance analyst salary in the United Kingdom is £36,722 per year or £18.83 per hour. Entry level positions start at £30,000 per year while most experienced workers make up to £55,076 per year.

How do I get into banking compliance?

A great route for people with little experience is by working with Anti-Money Laundering (AML), Know Your Customer (KYC) and due diligence controls, experts say. Banks often hire for these roles on a temporary basis, said Owen, giving prospective compliance employees an opportunity for exposure.

How do I prepare for a compliance analyst interview?

Interview Questions for Compliance Analysts:

  1. Can you describe the career choices that make you a good compliance analyst?
  2. Can you describe a procedure you successfully implemented to ensure compliance?
  3. Which compliance management software have you found particularly useful?

Is compliance a good career in banking?

Compliance is an occupation with a lot of career advancement potential. It often covers interesting work with an important objective to protect the organization from within. Salary levels are also attractive compared to Operations, Risk and administrative Legal positions.

What should I say in a compliance interview?

“Tell me about your experience as a compliance officer?” Be prepared to discuss your previous compliance experience. If you do not have previous experience as a compliance officer, perhaps because you are switching careers, discuss transferable skills.

Is compliance a tough job?

Is being a compliance officer a hard job? Working as a compliance officer can also have its downsides. The position requires analyzing and implementing complex policies, which can lead to pushback from department heads. Making sure that all employees comply with industry regulations can be a challenge.

Are compliance jobs boring?

It’s never boring! The regulatory environment is in a constant state of flux, with sometimes very rapid change necessary, so you are never quite sure what the priorities (and therefore your activities) will be from one week to the next. Compliance is not your standard 9-to-5 role.