Average Compliance Analyst Salary

The average Compliance Analyst salary in UK is £36,274.14
The hourly average pay for a Compliance Analyst salary in UK is £17.44
The starting salary for a junior Compliance Analyst in UK is £23,000.00 per year or £11.06 per hour

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What does a Compliance Analyst earn?

Compliance Analysts typically earn around £36,300 per annum in the UK. Their role involves working with organisations to ensure that they are adhering to a range of laws, regulations and guidelines, including internal policies. As such, they collaborate with all areas of a business, monitoring processes and making sure they are in full legal compliance. Many Compliance Analysts choose to specialise in particular industries, as well as specific legal regulations.

How to earn more as a Compliance Analyst

To become a Compliance Analyst, you will need a degree or equivalent qualification in a relevant field, such as law, finance, or business. Alternatively, you may consider a degree apprenticeship. To strengthen your skills and advance your career, you can focus on a specific area, such as healthcare compliance or data protection. You could also consider becoming a manager in a compliance or legal team, or even setting up your own compliance consultancy. The best paid Compliance Analysts earn over £55,000 a year.

Average Salary: £36,274.14

Min: £23,000.00 Max: £55,000.00

Average Compliance Analyst Salary in UK : £36,274.14


Read about Compliance Analyst salaries, related jobs and salary information across the UK

Compliance Analyst Salary data from the ONS

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Salary by Region

Compare Compliance Analyst salaries across different regions

Region Salary
Scotland £30,657.39
Wales £29,698.83
Northern Ireland £21,024.25
East Midlands £35,929.50
Eastern £28,924.31
London £43,584.85
North East £27,747.43
North West £31,083.79
South East £30,990.04
South West £28,154.82
West Midlands £25,277.08
Yorkshire and the Humber £26,748.18

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Understanding the Average Compliance Analyst Salary in the UK

As a Compliance Analyst in the UK, it's important to have a clear understanding of the average salary in the industry. According to average Banking and Insurance salaries, the average salary for a Compliance Analyst in the UK is £36,300 per year. This figure can vary depending on factors such as experience, qualifications, and location.

Salary Expectations for Newly Qualified Compliance Analyst

If you're a newly qualified Compliance Analyst, you may be wondering what salary you can expect. To get a better idea, it's recommended to explore the current job market. You can start your search by visiting job search websites that specialize in compliance analyst roles. These platforms will provide you with valuable insights into the salary range for entry-level positions.

Salaries for Experienced Compliance Analyst

For experienced Compliance Analysts in the UK, the salary range tends to be higher than that of their newly qualified counterparts. With a few years of experience under your belt, you can expect to earn a salary between £23,000 and £55,000 per year. However, it's important to note that these figures can vary depending on the industry, company size, and location.

Creating a Compliance Analyst CV

When applying for a Compliance Analyst role, having a well-crafted CV is essential. To make the process easier, you can use a CV template specifically designed for Compliance Analysts. This template will guide you in highlighting your skills, qualifications, and experience in a way that appeals to potential employers.

Career Development Opportunities for Compliance Analyst

As a Compliance Analyst, there are various career development opportunities available to you. Whether you want to specialize in a specific area of compliance or move into a management role, it's important to stay updated with the latest industry trends and regulations. You can find valuable career advice that will help you navigate your career path and achieve your professional goals.

Comprehensive Compensation for Compliance Analyst

Aside from the base salary, Compliance Analysts in the UK may also receive additional compensation in the form of bonuses, incentives, and benefits. These can include performance-based bonuses, health insurance, pension plans, and more. It's important to consider the comprehensive compensation package when evaluating job offers and negotiating your salary.

Strategies for Increasing Your Salary as a Compliance Analyst

If you're looking to increase your salary as a Compliance Analyst, there are several strategies you can employ. These include continuously improving your skills and knowledge, seeking additional certifications, taking on more responsibilities, and demonstrating your value to the company. By consistently delivering high-quality work and showcasing your expertise, you can position yourself for salary advancements and promotions.

Professional Development and Earnings

Investing in your professional development as a Compliance Analyst can have a direct impact on your earnings. By attending industry conferences, workshops, and training programs, you can enhance your skills and knowledge, making yourself more valuable to employers. Additionally, staying updated with the latest regulatory changes and industry best practices will ensure that you remain competitive in the job market.

Capitalising on Extra Hours and Duties

As a Compliance Analyst, there may be opportunities to earn additional income by taking on extra hours or duties. Some companies offer overtime pay or bonuses for working beyond regular hours or handling additional responsibilities. It's important to discuss these possibilities with your employer and negotiate fair compensation for any extra work you undertake.

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