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A Compliance Manager is responsible for ensuring their company's policies and procedures comply with regulatory and ethical standards. This can also be referred to as a Compliance Specialist. This job is highly-analytical and they perform regular audits, implement company policies, and design control systems.
Min: £22,500.00 Max: £90,610.00
Average Compliance Manager Salary in UK : £46,994.24
Read about Compliance Manager salaries, related jobs and salary information across the UK
Compliance Manager Salary data from the ONS
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Recommended Compliance Manager Jobs in UK
Average Salary for Compliance Manager compared to similar jobs
Related Jobs
View salaries for similar jobs.
| Job Title | UK Average |
|---|---|
| Compliance Specialist Salary in UK | £30,426.50 |
| Compliance Officer Salary in UK | £36,046.52 |
| Compliance Analyst Salary in UK | £36,117.35 |
| Compliance Advisor Salary in UK | £37,214.17 |
| Compliance Auditor Salary in UK | £37,431.63 |
| Compliance Regulatory Auditor Salary in UK | £43,600.43 |
| Compliance Regulatory Manager Salary in UK | £50,042.66 |
Salary by Region
Compare Compliance Manager salaries across different regions
| Region | Salary |
|---|---|
| Scotland | £41,749.39 |
| Wales | £36,361.76 |
| Northern Ireland | £36,530.95 |
| East Midlands | £40,797.95 |
| Eastern | £39,527.77 |
| London | £66,709.06 |
| North East | £40,991.85 |
| North West | £39,694.34 |
| South East | £43,559.95 |
| South West | £38,007.14 |
| West Midlands | £39,568.24 |
| Yorkshire and the Humber | £40,370.08 |
Annual Job Ads by Region
Understanding the Average Compliance Manager Salary in the UK
As a Compliance Manager 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 Manager ranges from £22,500 to £90,600 per year. This figure can vary depending on factors such as experience, qualifications, and the size of the company.
Salary Expectations for Newly Qualified Compliance Manager
If you're a newly qualified Compliance Manager, you may be wondering what salary you can expect. It's worth noting that entry-level positions may offer a lower salary compared to more experienced professionals. To get a better idea of the current salary range for Compliance Manager roles, it's recommended to explore job search websites and consult with industry professionals.
Salaries for Experienced Compliance Manager
Experienced Compliance Managers in the UK can expect higher salaries compared to their less experienced counterparts. With a proven track record and a wealth of knowledge in compliance regulations, you can command a higher salary. The exact salary range for experienced Compliance Managers can vary, but it is typically higher than the average salary for entry-level positions.
Creating a Compliance Manager CV
When applying for a Compliance Manager position, having a well-crafted CV is essential. It should highlight your relevant experience, qualifications, and skills. To help you create an impressive CV, you can use a CV template specifically designed for Compliance Managers. This template will guide you in showcasing your expertise and increasing your chances of securing a job interview.
Career Development Opportunities for Compliance Manager
As a Compliance Manager, there are various career development opportunities available to you. Whether it's pursuing additional certifications, attending industry conferences, or taking on leadership roles, investing in your professional growth can lead to higher earning potential. For more guidance on career advancement in the field of compliance management, you can seek career advice from experts in the industry.
Comprehensive Compensation for Compliance Manager
Compliance Managers often receive comprehensive compensation packages that go beyond their base salary. These packages may include benefits such as health insurance, retirement plans, bonuses, and other incentives. It's important to consider the overall compensation package when evaluating a job offer, as it can significantly impact your financial well-being.
Strategies for Increasing Your Salary as a Compliance Manager
If you're looking to increase your salary as a Compliance Manager, there are several strategies you can employ. These include staying updated with the latest compliance regulations, expanding your skill set, taking on additional responsibilities, and demonstrating your value to the company. By continuously improving 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 Manager can directly impact your earnings. By pursuing relevant certifications, attending training programs, and staying informed about industry trends, you can enhance your knowledge and skills, making you a more valuable asset to employers. This, in turn, can lead to higher earning potential and career growth.
Capitalising on Extra Hours and Duties
As a Compliance Manager, you may occasionally be required to work extra hours or take on additional duties. While this may seem demanding, it can also present opportunities for increased earnings. Some companies offer overtime pay or bonuses for working beyond regular hours. Additionally, taking on extra responsibilities can demonstrate your dedication and competence, potentially leading to salary advancements or promotions in the future.
