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What does a Compliance Auditor earn?
Compliance auditors typically garner around £37,700 in the UK annually. Their role centres around ensuring businesses align with the laws and regulations that affect them. This could include reviewing controls, regulations, and governmental policies to ensure that companies abide by the guidelines. Compliance auditors may choose to focus exclusively on one particular area, such as data security or anti-money laundering.
How to earn more as a Compliance Auditor
If you want to become a Compliance Auditor, you will typically need a degree in a relevant subject, such as accountancy, law, or business. Alternatively, you can take a specialist apprenticeship scheme or enrol on a professional qualification course. If you want to earn higher salaries within the role, you can choose to specialise in specific industries or compliance areas. You could also step up to a managerial or executive-level position, or start your own practice as a Compliance Auditor. The most successful Compliance Auditors can earn over £72,200 a year.
Min: £22,500.00 Max: £72,218.00
Average Compliance Auditor Salary in UK : £37,698.75
Read about Compliance Auditor salaries, related jobs and salary information across the UK
Compliance Auditor Salary data from the ONS
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Recommended Compliance Auditor Jobs in UK
Average Salary for Compliance Auditor compared to similar jobs
Related Jobs
View salaries for similar jobs.
| Job Title | UK Average |
|---|---|
| Compliance Officer Salary in UK | £36,123.15 |
| Compliance Analyst Salary in UK | £36,178.01 |
| Compliance Advisor Salary in UK | £38,110.05 |
| Compliance Regulatory Auditor Salary in UK | £44,122.72 |
| Compliance Specialist Salary in UK | £44,738.27 |
| Compliance Manager Salary in UK | £46,951.91 |
| Compliance Regulatory Manager Salary in UK | £49,288.06 |
Salary by Region
Compare Compliance Auditor salaries across different regions
| Region | Salary |
|---|---|
| Scotland | £34,914.98 |
| Wales | £25,728.48 |
| Northern Ireland | £32,764.69 |
| East Midlands | £30,447.48 |
| Eastern | £33,498.00 |
| London | £42,603.34 |
| North East | £32,020.68 |
| North West | £32,584.33 |
| South East | £38,028.40 |
| South West | £32,555.16 |
| West Midlands | £34,174.74 |
| Yorkshire and the Humber | £41,849.32 |
Annual Job Ads by Region
Understanding the Average Compliance Auditor Salary in the UK
As a Compliance Auditor 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 Auditor in the UK is £37,700 per year. This figure can vary depending on factors such as experience, qualifications, and location.
Salary Expectations for Newly Qualified Compliance Auditor
If you're a newly qualified Compliance Auditor, you may be wondering what salary you can expect. To get a better idea, you can explore the current job market by conducting a job search specifically for Compliance Auditor positions. This will give you an insight into the salary range for entry-level roles in the field.
Salaries for Experienced Compliance Auditor
For experienced Compliance Auditors in the UK, the salary range tends to be higher than that of newly qualified professionals. With a proven track record and extensive knowledge in the field, you can expect to earn a higher salary. The exact figures can vary, but the average salary for experienced Compliance Auditors in the UK is between £22,500 and £72,200 per year.
Creating a Compliance Auditor CV
When applying for Compliance Auditor roles, having a well-crafted CV is essential. To ensure your CV stands out from the competition, you can use a CV template specifically designed for Compliance Auditors. This template will help you highlight your skills, qualifications, and experience in a professional and concise manner.
Career Development Opportunities for Compliance Auditor
As a Compliance Auditor, there are various career development opportunities available to you. Whether you're looking to specialize in a specific industry or advance to a managerial position, it's important to stay informed about the latest trends and requirements in the field. You can find valuable career advice to help you navigate your career path and make informed decisions.
Comprehensive Compensation for Compliance Auditor
Compliance Auditors in the UK often receive comprehensive compensation packages that go beyond their base salary. These packages may include benefits such as health insurance, retirement plans, and performance bonuses. It's important to consider the overall compensation package when evaluating job offers and negotiating your salary.
Strategies for Increasing Your Salary as a Compliance Auditor
If you're looking to increase your salary as a Compliance Auditor, there are several strategies you can employ. These include gaining additional certifications, expanding your knowledge in specialized areas, and taking on additional responsibilities within your role. By continuously improving your skills and demonstrating your value to employers, you can position yourself for salary growth and advancement.
Professional Development and Earnings
Investing in your professional development as a Compliance Auditor can have a direct impact on your earnings. By attending industry conferences, participating in training programs, and staying up-to-date with regulatory changes, you can enhance your expertise and increase your value in the job market. Employers often recognize and reward professionals who actively pursue professional development opportunities.
Capitalising on Extra Hours and Duties
As a Compliance Auditor, there may be opportunities to earn additional income by taking on extra hours or duties. Some organizations offer overtime pay or bonuses for working beyond regular hours or taking on additional responsibilities. It's important to discuss these possibilities with your employer and negotiate fair compensation for any extra work you undertake.
