Compliance associate salary

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NAM Compliance Summer Associate - New York City, NY (North A...

Investment Banking Associate

NextGen Capital

Atlanta, GA 30327

Associate, Affiliate Correspondence Banking & Risk

Global Industrials Investment Banking - Associate - Transpor...

Private Banking Associate

FirstBank & Trust

Lubbock, TX 79424

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Legal Compliance Associate Salaries

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Regulatory Compliance Associate: Job Description & Salary

Regulatory compliance associates have the responsibility of knowing the regulations that apply to their industry. They can work in a number of different industries, such as finance and manufacturing. Their main objective is to ensure that the company they work for is aware of all applicable regulations. They might also assist in instituting policies and practices to ensure that regulations are followed.

Their work involves maintaining records of all regulations. They must also file paperwork when necessary to show that their company complies with regulations. They may consult with managers to discuss regulation issues and develop methods of informing staff of regulations in the workplace. They must also keep management informed of their progress in meeting all regulation requirements and maintain records of their meetings. They also keep records of all certifications their company has.

Educational Requirements Bachelor's degree
Job Skills Attention to detail, problem-solving skills, computer skills, ability to multitask, communication skills, organizational skills, ability to meet deadlines
Mean Salary (2020)* $57,120 (regulatory compliance associates)
Job Outlook (2019-2029)** 5% (compliance officers)

Sources: *Glassdoor.com; **U.S. Bureau of Labor Statistics

Required Education

Regulatory compliance associates are typically required to have a bachelor's degree in a relevant field. Since they can work in a number of industries, the specific undergraduate degree pursued can vary widely. Those who work in banking regulations, for example, may have a degree in finance or accounting. Regulatory compliance associates who work in food production may have studied food science. Those who are uncertain about which industry they are interested in working may wish to pursue a major or minor in business.

Required Skills

Regulatory compliance associates work with a lot of paperwork, so they need to be able to organize materials and information. They also need to be able to prioritize tasks and meet deadlines to ensure their company has the necessary certifications to operate or files reports on time to demonstrate regulatory compliance. They may produce materials on computers, so they need computer skills. Communication skills are important as well, since these associates regularly meet with managers and must also prepare reports. Since they must ensure all regulations are properly followed, they also need to be able to pay attention to details to ensure that nothing is missed.

Career Outlook and Salary

According to payscale.com, the average annual salary for compliance associates was $60,539 as of 2020. The U.S. Bureau of Labor Statistics (BLS) provides information for compliance officers in general. From 2019 to 2029, the BLS expects compliance officers to see a 5% rate of job growth.

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Associate salary compliance

Average Compliance Associate Salary in India

₹403,497
Avg. Base Salary (INR)

The average salary for a Compliance Associate is ₹403,497

EXPLORE BY:

What is the Pay by Experience Level for Compliance Associates?

An entry-level Compliance Associate with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of ₹405,470 based on 10 salaries. An early career Compliance Associate with 1-4 years of experience earns an average total compensation of ₹396,791 based on 45 salaries. …Read more

What Do Compliance Associates Do?

A compliance associate ensures that their company’s employees comply with all guidelines, management directives, and human resources policies. They make sure staff members conform to industry practices and professional standards in all activities, with specific practices and standards depending on the company and field. Other tasks completed by the compliance associate include investigating and resolving compliance issues, implementing procedures for monitoring compliance guidelines, …Read more

Compliance Associate Tasks

  • Discipline and/or re-train employees in the event of compliance guideline violations.
  • Assist with training new employees on compliance procedures and answer questions regarding policies.
  • Conduct monthly and yearly branch/departmental compliance reviews.
  • Research and report on regulatory changes to ensure compliance.

Gender Breakdown

This data is based on 26 survey responses. Learn more about the gender pay gap.

Common Health Benefits

Sours: https://www.payscale.com/research/IN/Job=Compliance_Associate/Salary
COMPLIANCE INTERVIEW Questions and ANSWERS! (Compliance Officer and Manager Job Positions)

How much does a Compliance Associate make in the United States? The average Compliance Associate salary in the United States is $61,522 as of September 27, 2021, but the salary range typically falls between $50,991 and $86,473. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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The Compliance Associate will be responsible for performing support activities required to efficiently and effectively maintain the compliance programs for the organization, as well as support the ...

LinkedIn - 59 days ago

The Compliance Associate ensures that the management of the firm and employees act in compliance with the rules and regulations of the firm and regulatory agencies. * They'll also work to ensure that ...

LinkedIn - 3 days ago

The Associate Director, Risk Management Compliance Operations is responsible to support the implementation and continuous improvement of BioResearch Quality & Complaince (BRQC) risk management ...

LinkedIn - 18 days ago

Workforce orientation Compliance & privacy education Incident response, investigation & documentation Business Associate Agreement negotiation and execution Policy & procedure development ...

Insight Global - 4 days ago

Hybrid Remote- NYC/Greenwich, CT Our client, a prestigious Registered Investment Advisor, seeks a Code of Ethics Compliance Officer. Highly visible role with growing team provides opportunity to work ...

LinkedIn - 19 days ago

... compliance, and service actions. Join our team and begin tackling these critical issues in a ... As a Financial Services Delivery Associate 4, you will work as part of a team of problem solvers ...

Deloitte - 22 days ago

What does a Compliance Associate do?

Compliance Associate in Berwyn, PA

Stay abreast of changing regulations that impact our business to continuously evolve best-in-class review processes, policies and procedures.

June 06, 2021

Compliance Associate in Chicago, IL

Demonstrated ability to communicate verbally and in writing throughout all levels including C Suite Executives of the organization, while maintaining and further developing strong business relationships.

June 19, 2021

Compliance Associate in Dallas, TX

Design and monitor testing systems to ensure the efficacy of controls and surveillance programs, including the consultation and implementation of relevant technology and technology infrastructure.

April 20, 2021

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Compliance Associate Salary by State

Understand the total compensation opportunity for a Compliance Associate, base salary plus other pay elements

Average Base Salary

Core compensation

 

 

 

Average Total Cash Compensation

Includes base and annual incentives

 

 

 

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Compliance Associate in the United States. The base salary for Compliance Associate ranges from $50,991 to $86,473 with the average base salary of $61,522. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $50,991 to $86,473 with the average total cash compensation of $61,522.

Sours: https://www.salary.com/research/salary/listing/compliance-associate-salary

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