As of January 01, 2025, the average annual salary for a Compliance Manager in Rochester, MN is $131,899. Salary.com reports that pay typically ranges from $116,286 to $150,060, with most professionals earning between $102,071 and $166,595.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $149,612 | $12,468 | $2,877 | $72 |
| Average | $131,504 | $10,959 | $2,529 | $63 |
| 25th Percentile | $115,938 | $9,661 | $2,230 | $56 |
An entry-level Compliance Manager with under 1 year experience makes about $125,097. With less than 2 years of experience, a mid-level Compliance Manager makes around $125,791. After 2-4 years, the Compliance Manager pay rises to about $127,409. Those senior Compliance Manager with 5-8 years of experience earn roughly $129,259, and those Compliance Manager having 8 years or more experience are expected to earn about $132,761 on average.
| Levels | Salary |
|---|---|
| Entry Level Compliance Manager | $125,097 |
| Intermediate Level Compliance Manager | $125,791 |
| Senior Level Compliance Manager | $127,409 |
| Specialist Level Compliance Manager | $129,259 |
| Expert Level Compliance Manager | $132,761 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 3% |
| Top Level | 2% |
| Experienced | 1% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
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.
| Skill | Salary | Demand |
|---|---|---|
|
Information Security
|
$139,813 |
6%
|
|
Analytical Skills
|
$139,813 |
6%
|
|
Fintech
|
$138,494 |
5%
|
|
Risk Management
|
$138,494 |
5%
|
|
AML
|
$137,175 |
4%
|
|
Financial Services
|
$137,175 |
4%
|
