Compliance Manager Salary in Mexico

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How much does a Compliance Manager make in Mexico? The average Compliance Manager salary in Mexico is MXN$965K as of April 08, 2021, but the range typically falls between MXN$695K and MXN$1,295K. 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 global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.

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Global Market Data
50TH(Median) MXN$965K 25TH MXN$695K 75TH MXN$1,295K

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Skills to Boost a Compliance Manager Salary

Mastering key skills can significantly increase your earning potential as a Compliance Manager. According to Salary.com's Real-time Job Posting Data, expertise in Leadership can lead to a 6% salary raise, while strong Risk Assessment skills boost pay by a 2%. Even Financial Services can result in a 1% salary increase.

Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Leadership
Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Risk Assessment
Broadly speaking, a risk assessment is the combined effort of: identifying and analyzing potential (future) events that may negatively impact individuals, assets, and/or the environment (i.e. risk analysis); and making judgments "on the tolerability of the risk on the basis of a risk analysis" while considering influencing factors (i.e. risk evaluation).Put in simpler terms, a risk assessment analyzes what can go wrong, how likely it is to happen, what the potential consequences are, and how tolerable the identified risk is. As part of this process, the resulting determination of risk may be expressed in a quantitative or qualitative fashion. The risk assessment is an inherent part of an overall risk management strategy, which attempts to, after a risk assessment, "introduce control measures to eliminate or reduce" any potential risk-related consequences.
Financial Services
A services provided by the finance industry, which encompasses a broad range of businesses that manage money. These services involve banking, brokerage, mortgages, credit cards, payment services, real estate, investment funds, taxes and accounting.
More Skills...
Based on recent job listings, in-demand skills in the Compliance Manager field include Leadership (6%), Risk Assessment (2%), Financial Services (1%), and Quality Assurance (1%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Leadership MXN$1,023K
Leadership
MXN$1,023K
6%
Risk Assessment MXN$984K
Risk Assessment
MXN$984K
2%
Financial Services MXN$975K
Financial Services
MXN$975K
1%
Quality Assurance MXN$975K
Quality Assurance
MXN$975K
1%
Leadership
3.07%
Risk Assessment
0.57%
Financial Services
3.26%
Quality Assurance
0.39%
Job Openings for Compliance Manager
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About Mexico

Mexico is located between latitudes 14° and 33°N, and longitudes 86° and 119°W in the southern portion of North America. Almost all of Mexico lies in the North American Plate, with small parts of the Baja California peninsula on the Pacific and Cocos Plates. Geophysically, some geographers include the territory east of the Isthmus of Tehuantepec (around 12% of the total) within Central America. Geopolitically, however, Mexico is entirely considered part of North America, along with Canada and the United States. Mexico's total area is 1,972,550 km2 (761,606 sq mi), making it the world's 13th l...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia

Compliance Manager Pay Difference by Cities

City, Country Compared to national average
City, Country Guadalajara, MX Compared to national average
-5.3%
City, Country Queretaro, MX Compared to national average
+ 6.9%
City, Country Aguascalientes, MX Compared to national average
-4.4%
City, Country Cuernavaca, MX Compared to national average
+ 3.7%
City, Country San Luis Potosi, MX Compared to national average
-1.4%
City, Country Mexicali, MX Compared to national average
-4.8%
Employees with Compliance Manager in their job title in Queretaro, MX earn an average of 6.9% more than the national average. The lower salaries can be found in Guadalajara, MX (5.3% less), Mexicali, MX (4.8% less), Aguascalientes, MX (4.4% less), San Luis Potosi, MX (1.4% less).

Understand the base salary paid range for a Compliance Manager in Mexico

Average Base Salary

Core compensation

695157
1294577
965094
The chart shows the base salary for Compliance Manager ranges from MXN$695K to MXN$1,295K with the average base salary of MXN$965K. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Compliance Manager may get paid difference by industry, location, and factors.

Compliance Manager Frequently Asked Questions in Mexico

What is the salary range for a Compliance Manager in Mexico? What is the average hourly rate?

The average salary for a Compliance Manager in Mexico is MXN$965K per year. The salary range for a Compliance Manager is between MXN$695K and MXN$1,295K. While we are seeing hourly wages as high as MXN$622 and as low as MXN$334, the majority of Compliance Managers are currently paid an average of MXN$464 in Mexico. The average salary pay range for a Compliance Manager can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for a Compliance Manager in Mexico can differ based on any or all of these varying factors. April 08, 2021 salary.com )
Why should you negotiate salary for a Compliance Manager role? What are effective negotiation strategies?

Most hiring managers in Mexico expect job candidates to negotiate salary. By doing this you will demonstrate that you are confident in your abilities and comfortable taking initiative which are traits that are beneficial for almost any role. You should try to negotiate the highest starting salary of the Compliance Manager position that you can in Mexico. This starting salary of the Compliance Manager position will become the basis for all future increases while you are employed at the firm. A lower starting salary will result in smaller raises, even if the % increase is large, so try to maximize that starting base salary amount.
Once you have received an offer of the Compliance Manager position in Mexico, ask for a little time to consider it. Research salary levels for the position so you will know what range of salary is applicable for your job and location. Emphasize any special skills, experience, certifications, or credentials that you have. Point out past accomplishments that will be useful in the role. Suggest a salary that is slightly higher than your target, this will give you room to negotiate a lower amount but still meet your needs. April 08, 2021 salary.com )
How do you evaluate the advantages, opportunities, and salary for a Compliance Manager role located in large metropolitan city or in a small town?

Start your evaluation by defining the most important aspects of the job and the overall lifestyle you can expect based on the location. The higher salary range of a Compliance Manager in the Mexico can be one of the reasons you are attracted to a position in a large city, but keep in mind that differences in the cost of living usually result in higher living expenses and less disposable income. a Compliance Manager job in a large city of the Mexico may offer a more varied experience, and greater opportunities for career progression, but may require long commutes or extended work hours. A large city in the Mexico also provides more opportunities for entertainment and other activities. On the other hand, a non-metro location may offer lower salaries and fewer opportunities but have more affordable living expenses, shorter commute times, and other advantages. Consider these factors before you decide which Compliance Manager job is right for you. April 08, 2021 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap
Last Update: April 08, 2021