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CHIEF Compliance Officer

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Salary and Benefits

CHIEF Compliance Officer
$108K-$132K / yr. (est.)
$108K
$120,278 / year
$132K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About CHIEF Compliance Officer

What does a CHIEF Compliance Officer do?
Man in gray dress shirt wearing eyeglasses
Man in red sweater using laptop computer

Fulfilling the role of Chief Compliance Officer (COO), we oversee compliance issues in a company or organization. Compliance means that the organization adheres to laws and regulatory requirements. It also entails that employees understand and respect internal procedures and policies. Being leaders and subject matter experts at the same time, Chief Compliance Officers are accountable for standards and implementing procedures. We make sure that compliance programs are effective and efficient in identifying, preventing, and correcting non-compliance with applicable laws and regulations. We report to the CEO and inform the Board of Directors about important compliance issues.

Core tasks:

  • define an annual compliance plan
  • revise the compliance plan periodically in light of changes
  • oversee and track the implementation of the compliance program
  • prepare compliance reports
  • provide guidance, advice, and training to support understanding of laws and regulatory requirements
  • coordinate audits, reviews, and monitoring activities
  • investigate and act on matters related to compliance
  • guide the compliance team

Insights

Professional Growth

How Many Years of Experience Do Professionals Need Before Becoming CHIEF Compliance Officer?
On average, people work 7+ years in other positions prior to becoming a CHIEF Compliance Officer.
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Risk Management ConsultantMiami, FL - A year ago
💼 It makes sense though, to ensure professionals in this role have a solid understanding of corporate compliance.
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AccountantSeattle, WA - A year ago
🤷 I guess it's all part of the ladder-climbing process. Gotta pay your dues!

Professional Growth

How Long Do CHIEF Compliance Officer Employees Typically Stay in Their Roles?
On average, CHIEF Compliance Officers works in this position for 5+ years across multiple employers.
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Risk ManagerChicago, IL - A year ago
Lowering risk is what we do, and I'm happy to see the experience level highlighted for CHIEF Compliance Officers. But how about mentioning the multi-jurisdictional challenge in our role? 🌍
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AuditorSan Francisco, CA - A year ago
Guys, let's not forget about the importance of independence and objectivity in the role of CHIEF Compliance Officers! 🕵The image lacks emphasis of these crucial factors. Let's keep it real!

Professional Growth

What Is the Job Hopper Score for CHIEF Compliance Officer Employees?
Frequent job changes in CHIEF Compliance Officer, indicating a willingness to change companies and roles more frequently.
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HR ManagerHouston, TX - A year ago
Wow, those numbers are alarming! How can organizations ensure proper compliance if their CCOs are constantly switching employers? We need stability and knowledgeable leaders in the field!
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Quality Assurance SpecialistPhiladelphia, PA - A year ago
omg 🙀 Being a Quality Assurance Specialist, consistency and attention to detail are paramount for compliance. Companies need to focus on retaining qualified professionals in crucial roles like the CCO.

Career path

Path to job

Fields of study

Discover a CHIEF Compliance Officer's areas of knowledge sorted by their majors.

Top educational institutions

Explore the list of higher education institutions that a CHIEF Compliance Officer typically studied at.
Georgetown University Law Center
University of Florida

Path after job

Community

Demographics

Culture & Values

What Is the Age and Gender Ratio of CHIEF Compliance Officer Employees?
Gender ratio in CHIEF Compliance Officer position: 0.633209522201587 Male and 0.366790477798413 Female. Age ratio in CHIEF Compliance Officer position: 16-20: 2%, 21-30: 21%, 31-40: 36%, 41-50: 28%, 51-60: 11%, 60+: 2%. CHIEF Compliance Officer position is predominantly male (63.3%) with the largest age group being 31-40 years old, followed by 41-50 years old.
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CHIEF Compliance OfficerHouston, TX - A year ago
This gender ratio is unacceptable! We need more diversity in executive positions! 💪
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CHIEF Compliance OfficerPhiladelphia, PA - A year ago
I can see why the age group of 31-40 dominates. They've had enough time to establish themselves and progress in their careers. 🏢

Workplaces

Professional Growth

Who Are the Top Employers for CHIEF Compliance Officer?
Top employers of CHIEF Compliance Officer position: AIG, Bank of America, Citi. People who work in CHIEF Compliance Officer position most typically go on to work for the AIG.
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CHIEF Compliance OfficerSan Francisco, CA - A year ago
I'd rather work for a smaller company with a spotless compliance record, regardless of their 'top employer' ranking.
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CHIEF Compliance OfficerSeattle, WA - A year ago
There's more to being a great employer than just being on this list. It's about company culture and commitment to ethics!
AIG
Bank of America
Citi

Professional Growth

What Industries Does CHIEF Compliance Officer Typically Have Experience In?
Industry Background: The most typical industries of CHIEF Compliance Officer: Finance & Insurance, Health Care, Manufacturing, Professional / Scientific / Technical, Information Technology. CHIEF Compliance Officer employees most likely come from a Finance & Insurance industry background.
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CHIEF Compliance OfficerHouston, TX - A year ago
😠 Why do some people think that being a CHIEF Compliance Officer in the IT industry is just about ticking boxes? It's much more complex than that!
avatar-of-creator
CHIEF Compliance OfficerMiami, FL - A year ago
I love the challenge of uncovering potential compliance risks in a professional services company as a CHIEF Compliance Officer. Keeps me on my toes!

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Discussion about CHIEF Compliance Officer

Want to know more about CHIEF Compliance Officer position?
Share your thoughts and ideas about CHIEF Compliance Officer position with others in our community.
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How is the gender diversity among people working as a CHIEF Compliance Officer?
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Benjamin Gardner3 years ago
Mostly men choose this job, but women also choose this.
What is the most common age of a CHIEF Compliance Officer?
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Liam Brown3 years ago
38 is the average age of people working as a CHIEF Compliance Officer.
Is a CHIEF Compliance Officer considered to be a junior profession?
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Isabella Holmes3 years ago
You need 7 years of experience to work as a CHIEF Compliance Officer.
Which industries does a CHIEF Compliance Officer typically work in?
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Liam Brown3 years ago
Finance & Insurance is the most frequent for a CHIEF Compliance Officer.
What kind of higher education a CHIEF Compliance Officer need?
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Benjamin Gardner3 years ago
You should be fine with a Bachelor of Arts degree
Which company employs the most people in the CHIEF Compliance Officer role?
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Liam Brown3 years ago
Most people work for AIG, Bank of America, Citi, JPMorgan Chase & Co. and Wells Fargo
How long do people usually work as a CHIEF Compliance Officer when they switch to another position?
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Sophie Hayes3 years ago
You should work for more than 5 years before considering changing to another role.
How common is it for a CHIEF Compliance Officer to jump from company to company?
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Benjamin Gardner3 years ago
It’s likely to work for multiple companies while holding the same title.
What jobs do people work in before becoming a CHIEF Compliance Officer?
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Sophie Hayes3 years ago
Compliance Officer, Vice President or Vice President OF Compliance are the typical prior positions for a CHIEF Compliance Officer
What typical professions people working as a CHIEF Compliance Officer switch to?
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Sophie Hayes3 years ago
Working as CHIEF Compliance Officer consider Compliance Officer, General Counsel or Vice President OF Compliance as a next step in your career.
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