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Compliance Managers

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Compliance Managers: Career Overview

Plan, direct, or coordinate activities of an organization to ensure compliance with ethical or regulatory standards.

What Tasks Do Compliance Managers Do?

The core tasks performed by compliance managers span:

  • Report violations of compliance or regulatory standards to duly authorized enforcement agencies as appropriate or required.
  • Identify compliance issues that require follow-up or investigation.
  • Discuss emerging compliance issues to ensure that management and employees are informed about compliance reporting systems, policies, and practices.
  • File appropriate compliance reports with regulatory agencies.
  • Maintain documentation of compliance activities, such as complaints received or investigation outcomes.
  • Consult with corporate attorneys as necessary to address difficult legal compliance issues.
  • Conduct or direct the internal investigation of compliance issues.
  • Provide employee training on compliance related topics, policies, or procedures.

Key Skills and Knowledge

Top compliance managers draw on a mix of skills and domain knowledge.

Key Skills

The competencies that matter most in this role, rated on an importance scale of 0 to 5:

Critical Thinking  4.0 / 5
0
5
Reading Comprehension  4.0 / 5
0
5
Writing  3.9 / 5
0
5
Active Listening  3.9 / 5
0
5
Speaking  3.9 / 5
0
5
Active Learning  3.8 / 5
0
5

Knowledge Areas

Law and Government  4.6 / 5
0
5
English Language  4.5 / 5
0
5
Administration and Management  4.1 / 5
0
5
Customer and Personal Service  3.7 / 5
0
5
Personnel and Human Resources  3.7 / 5
0
5
Computers and Electronics  3.6 / 5
0
5

Common job titles for this role include:

  • Accreditation Lieutenant
  • Accreditation Manager
  • Anti Money Laundering Compliance Manager (AML Compliance Manager)
  • Audit Manager
  • Compliance Audit Manager
  • Compliance Coordinator
  • Compliance Director
  • Compliance Manager

Job Outlook

There are about 274,622 compliance managers working in the United States today. Demand is forecast to grow by +13.0% over the projection horizon.

Forecasted number of jobs for Compliance Managers

How Much Do Compliance Managers Make?

Statistic Value
Annual median $117,178
Hourly median $56.34
10th percentile $65,422
25th percentile $91,300
75th percentile $143,056
90th percentile $168,934

Compensation varies based on experience, location, and industry.

Salary ranges for Compliance Managers

How Much Do Compliance Managers Make in Different U.S. States?

State Annual median salary
Massachusetts $172,380
District of Columbia $171,910
California $170,740
Delaware $170,310
Washington $165,080
Colorado $164,010
New Jersey $163,630
Virginia $162,610
New York $161,360
Minnesota $158,680
Connecticut $149,690
Maryland $148,680
Rhode Island $147,240
New Hampshire $142,650
Illinois $134,810
Texas $133,070
Michigan $133,040
Arizona $132,040
North Carolina $131,990
Pennsylvania $129,170
Iowa $127,680
New Mexico $127,060
Ohio $126,600
West Virginia $126,250
Oklahoma $124,800
Oregon $124,190
Maine $123,950
Vermont $123,930
Alaska $123,160
Kentucky $123,010
Hawaii $122,520
Georgia $120,810
South Carolina $120,640
Kansas $118,310
North Dakota $118,010
Wyoming $117,060
Missouri $117,050
Alabama $116,830
Nebraska $114,050
South Dakota $111,630
Idaho $107,800
Montana $105,840
Wisconsin $105,690
Florida $102,670
Louisiana $100,890
Nevada $99,590
Mississippi $97,780
Guam $97,210
Virgin Islands $92,270
Tennessee $88,110
Arkansas $84,610
Indiana $79,080
Puerto Rico $78,740

Pay by U.S. Region

Compensation for compliance managers shift depending on where you work. The following regions pay the most:

Region Median annual wage Share of U.S. jobs Location quotient
Far Western US $160,982 22.6% 1.34
New England $156,233 3.9% 0.83
Middle Atlantic $153,807 17.6% 2.07
Southwest $132,453 11.2% 0.90
Plains States $126,095 4.1% 0.64
Southeast $116,490 29.4% 1.35
Rocky Mountains $112,945 3.8% 1.01
Great Lakes $112,898 6.4% 0.72

Where the Jobs Cluster

Metro area State Median annual wage Employment
San Jose-Sunnyvale-Santa Clara, CA CA $215,120 13,530
San Francisco-Oakland-Fremont, CA CA $203,030 22,980
Lewiston-Auburn, ME ME $190,070 100
Kennewick-Richland, WA WA $175,070 400
Boston-Cambridge-Newton, MA-NH MA $174,840 9,240
Boulder, CO CO $173,490 1,080
Binghamton, NY NY $171,190 190
Seattle-Tacoma-Bellevue, WA WA $168,750 7,580

Which Industries Hire Compliance Managers

Most compliance managers are concentrated in the following sectors:

Industry Employment Median annual wage
Professional, Scientific, and Technical Services 94,490 $164,060
Management of Companies and Enterprises 50,980 $163,830
Manufacturing 46,390 $160,640
Finance and Insurance 44,890 $162,780
Information 38,680 $167,740
Educational Services 32,840 $102,450
Administrative and Support and Waste Management and Remediation Services 32,500 $109,990
Health Care and Social Assistance 31,360 $108,810
Compliance Managers sectors

Below are examples of industries where compliance managers work:

Compliance Managers industries

Software Compliance Managers Use

  • Document management software: Adobe Acrobat (hot technology)
  • Internet browser software: Apple Safari (hot technology)
  • Data base user interface and query software: Microsoft Access (hot technology)
  • Spreadsheet software: Microsoft Excel (hot technology)
  • Office suite software: Microsoft Office software (hot technology)
  • Electronic mail software: Microsoft Outlook (hot technology)
  • Presentation software: Microsoft PowerPoint (hot technology)
  • Project management software: Microsoft Project (hot technology)
  • Document management software: Microsoft SharePoint (hot technology)
  • Process mapping and design software: Microsoft Visio (hot technology)
  • Operating system software: Microsoft Windows (hot technology)
  • Word processing software: Microsoft Word (hot technology)

What the Workplace Is Like

The on-the-job environment of compliance managers tends to involve the following characteristics:

  • E-Mail
  • Face-to-Face Discussions with Individuals and Within Teams
  • Telephone Conversations
  • Work With or Contribute to a Work Group or Team
  • Indoors, Environmentally Controlled

How to Become Compliance Managers

Typical compliance managers positions require a bachelor’s degree as the typical entry-level education. This career aligns with Considerable Preparation Needed (Job Zone 4), indicating the level of preparation typically expected.

Similar Occupations

Similar Occupations

Where to Study

Students preparing for compliance managers commonly pursue programs in:

2 programs across 2 majors

About the Data

Data on this page comes from the following authoritative sources:

  • U.S. Bureau of Labor Statistics — Occupational Employment and Wage Statistics (OEWS) for employment and wage data by state and industry.
  • BLS Employment Projections for total employment and growth forecasts.
  • O*NET (Occupational Information Network) for skills, knowledge, tasks, work activities, work context, technology, and education-zone data.

SOC code: 11-9199.02 (Managers, All Other).

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