Chief Compliance Officer in Baltimore, MD

Chief Compliance Officer job description

Chief compliance officers (CCOs) should have strong analytical, communication, collaboration and long-term strategic-planning skills. Candidates must possess knowledge of federal and state government regulatory ethics and compliance issues. Depending on company size, CCOs typically have at least 10 years of compliance experience, and public companies may require experience with SEC reporting. Many organizations also prefer applicants with demonstrated experience in Sarbanes-Oxley compliance. Candidates often have held positions of progressive responsibility in public accounting or within a law firm or corporate finance department. CCOs work closely with the general counsel and, particularly in highly regulated industries such as financial services and healthcare, also may report to the CEO or chief operations officer.

Typical chief compliance officer duties:

Developing and communicating policies and procedures for the company’s standard of legal and ethical conduct

Providing reports on a regular basis to keep the board and senior management informed of the progress and status of the compliance program and advising them of new developments in ethics and regulatory compliance

Coordinating with the human resources department to develop an effective compliance training program, including appropriate introductory training for new employees and ongoing training for existing staff

Instituting a standard reporting mechanism within the company for the reporting of compliance issues for investigation and resolution, including confidentiality measures for reporting employees and violations to outside authorities as appropriate or required

Monitoring possible areas of compliance risk and implementing corrective action plans for the resolution of current and potential problems

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Salary for Chief Compliance Officer in Baltimore, MD

182780 - 247000

Low

182780

The candidate is new to the role or has limited experience and is still developing core skills.

Mid

210860

The candidate has moderate experience in the role or one similar, meets most requirements and may hold transferable skills or relevant certifications.

High

247000

The candidate has extensive experience in the role, demonstrates advanced skills and often brings specialized certifications or industry experience.

Projected salaries for related positions

Job title

Low

Mid

High

Compliance Director

142220

174980

206700

Compliance Manager

99060

128440

152360

Compliance Officer

95940

121420

139880

Compliance Reporting Analyst

76960

91260

102440

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