Compliance Managers in Colorado
Considering working as a Compliance Managers in Colorado? Here’s what you need to know. All managers not listed separately.
What do Compliance Managers Make in Colorado?
For compliance managers working in Colorado, the typical annual salary is $164,010 per year (or roughly $78.85/hour).
| Wage Statistic | Annual | Hourly |
|---|---|---|
| 10th percentile | $99,530 | $47.85 |
| 25th percentile | $129,640 | $62.33 |
| Median (50th) | $164,010 | $78.85 |
| 75th percentile | $205,620 | $98.86 |
| 90th percentile | n/a | n/a |
Location quotient — how concentrated this career is in Colorado compared to the national average — is 1.16, suggesting that compliance managers are more concentrated here than the national average.
National Wage Comparison
Nationally, compliance managers earn a median of $117,178 per year ($56.34/hour), higher than the Colorado median.
Employment Outlook
There are roughly 274,622 compliance managers across the United States. In Colorado alone, around 13,710 people work in this role. That’s more than the typical state, which employs around 5,640 compliance managers.
Top Colorado Metros for Compliance Managers
The metro areas below employ the most compliance managers in Colorado.
| Metro Area | Number Employed | Annual Median Salary |
|---|---|---|
| Denver-Aurora-Centennial, CO | 8,970 | $168,230 |
| Colorado Springs, CO | 1,240 | $147,940 |
| Boulder, CO | 1,080 | $173,490 |
| Fort Collins-Loveland, CO | 570 | $157,830 |
| Greeley, CO | 420 | $145,330 |
| Pueblo, CO | 170 | $138,140 |
| Grand Junction, CO | 150 | $132,510 |
Top States for Compliance Managers Employment
These states have the highest employment of compliance managers work.
| State | Number Employed |
|---|---|
| California | 103,510 |
| Texas | 53,070 |
| Florida | 46,500 |
| Georgia | 36,520 |
| Pennsylvania | 24,480 |
| New Jersey | 24,000 |
| Virginia | 22,210 |
| North Carolina | 21,150 |
| Maryland | 20,810 |
| District of Columbia | 18,180 |
| Tennessee | 17,260 |
| New York | 16,640 |
| Louisiana | 15,360 |
| Wisconsin | 13,910 |
| Colorado | 13,710 |
| Nevada | 10,990 |
| Washington | 10,740 |
| Massachusetts | 10,670 |
| Ohio | 9,390 |
| Arizona | 9,280 |
Highest-Paying States for Compliance Managers
The highest-paying states for compliance managers.
| 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 |
Skills
Key compliance managers skills, rated on an importance scale of 0 to 5:
Knowledge Areas
Core knowledge areas for this occupation, rated on an importance scale of 0 to 5:
Abilities
The abilities that matter most for compliance managers, rated on an importance scale of 0 to 5:
Daily Tasks
Day-to-day, compliance managers typically:
- 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.
- Serve as a confidential point of contact for employees to communicate with management, seek clarification on issues or dilemmas, or report irregularities.
- Verify that all regulatory policies and procedures have been documented, implemented, and communicated.
- Disseminate written policies and procedures related to compliance activities.
- Prepare management reports regarding compliance operations and progress.
Work Activities
- Evaluating Information to Determine Compliance with Standards
- Getting Information
- Communicating with Supervisors, Peers, or Subordinates
- Working with Computers
- Documenting/Recording Information
- Making Decisions and Solving Problems
- Updating and Using Relevant Knowledge
- Establishing and Maintaining Interpersonal Relationships
- Identifying Objects, Actions, and Events
- Organizing, Planning, and Prioritizing Work
- Communicating with People Outside the Organization
- Processing Information
Tools & Technology
Common tools and software used in this occupation include: Hot technologies: Adobe Acrobat, Apple Safari In-demand technologies: Microsoft Excel
What Major Will Prepare You For This Career?
Related college programs include:
- Pharmacy/Pharmaceutical Sciences
- Health/Medical Admin Services
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Related Careers
Related occupations to compliance managers include:
- Security Managers
- Regulatory Affairs Managers
- Compliance Officers
- Environmental Compliance Inspectors
- Government Property Inspectors and Investigators
- Regulatory Affairs Specialists
Also Known As
Accreditation Lieutenant, Accreditation Manager, Anti Money Laundering Compliance Manager (AML Compliance Manager), Audit Manager, Compliance Audit Manager, Compliance Coordinator, Compliance Director, Compliance Manager, Compliance Operations Manager, Compliance Professional, Compliance Program Manager, Corporate Compliance Director, Environmental Health and Safety Director, Environmental Health and Safety Manager, Environmental Manager.
References
- U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics — https://www.bls.gov/oes/
- O*NET Online — https://www.onetonline.org/
- BLS Employment Projections — https://www.bls.gov/emp/
- O*NET-SOC code: 11-9199.02