Finance Compliance Officer Salary Overview

Salaries for Finance Compliance Officers are influenced by experience, education, certifications such as CAMS or CRCM, and geographical location. Industry demand and company size also play significant roles.

National Average: $60,000 - $120,000 per year

Entry Level $60K
Mid Level $80K
Senior $100K
Specialized/Lead Role $115K
Manager/Director $130K

Experience-Based Salary Ranges

Entry Level (0-2 years)

$60,000 - $75,000

Mid Level (3-5 years)

$75,000 - $90,000

Senior Level (6-9 years)

$90,000 - $110,000

Manager/Director (10+ years)

$110,000 - $150,000+

Entry Level (0-2 years)

  • Understanding of basic regulatory compliance
  • Assisting with audits
  • Monitoring compliance activities
  • Supporting senior officers

Mid Level (3-5 years)

  • Conducting compliance reviews
  • Developing compliance programs
  • Training staff on compliance matters
  • Liaising with regulators

Senior Level (6-9 years)

  • Overseeing compliance audits
  • Managing compliance teams
  • Developing risk management strategies
  • Reporting to executive management

Manager/Director (10+ years)

  • Leading compliance departments
  • Strategic compliance planning
  • High-level stakeholder engagement
  • Ensuring organizational compliance integrity

Regional Salary Variations

Geographical location significantly affects compensation due to varying cost of living and regional demand for compliance expertise.

New York City

$80,000 - $135,000

San Francisco

$85,000 - $140,000

Chicago

$70,000 - $120,000

Los Angeles

$75,000 - $125,000

Dallas

$65,000 - $110,000

Atlanta

$60,000 - $105,000

Phoenix

$60,000 - $100,000

Remote (US-based)

$65,000 - $115,000

  • Higher salaries in NYC and SF due to living costs
  • Lower expenses in Southern and Midwestern regions
  • Remote roles offer flexibility in location
  • Regional demand impacts salary brackets

Industry Salary Comparison

Salaries for Finance Compliance Officers vary across different industries due to sector-specific regulations and financial health.

Industry Salary Range Bonus/Equity Growth Potential
Banking $70,000 - $130,000 Moderate Stable
Insurance $65,000 - $120,000 Low Good
Investment $80,000 - $145,000 High Very Good
Fintech $75,000 - $140,000 High Very Good
Corporate Finance $65,000 - $115,000 Moderate Stable

Job Outlook and Career Growth

The demand for Finance Compliance Officers is expected to grow as regulatory environments become more complex and financial institutions seek to mitigate risks.

  • Increasing regulatory pressures
  • Growing importance of risk management
  • Technological advancements in compliance

Salary Negotiation Tips

Effective negotiation can significantly boost your earning potential as a Finance Compliance Officer. The following tips can prepare you for successful salary discussions.

Preparation Strategies

  • Research Market Rates

    Understand typical salaries for your role in your area.

  • Highlight Certifications

    Showcase relevant certifications like CAMS or CRCM.

  • Document Achievements

    Provide evidence of your contributions and results.

  • Know Your Worth

    Be confident in the value you bring to the organization.

During Negotiation

  • Be Professional

    Maintain a positive and professional demeanor.

  • Ask Open-Ended Questions

    Engage in dialogue to understand employer constraints.

  • Negotiate Benefits

    Consider negotiating for additional benefits if salary is fixed.

  • Be Ready to Walk Away

    Know your bottom line and be prepared to leave if it's not met.

  • Follow Up in Writing

    Summarize agreements in an email to confirm details.