How much does a Compliance Specialist III make in Wyoming? The average Compliance Specialist III salary in Wyoming is $88,052 as of February 26, 2024, but the range typically falls between $77,878 and $98,736. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Compliance Specialist III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Compliance Specialist III Salary $68,616 WY February 26, 2024
25th Percentile Compliance Specialist III Salary $77,878 WY February 26, 2024
50th Percentile Compliance Specialist III Salary $88,052 WY February 26, 2024
75th Percentile Compliance Specialist III Salary $98,736 WY February 26, 2024
90th Percentile Compliance Specialist III Salary $108,464 WY February 26, 2024
25% $77,878 10% $68,616 90% $108,464 75% $98,736 $88,052 50%(Median) Didn’t find job title? Click
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What skills does a Compliance Specialist III need?

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.

1.

Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.

2.

Internal Audit: Internal auditing is an independent, objective assurance and consulting activity designed to add value to and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes. Internal auditing achieves this by providing insight and recommendations based on analyses and assessments of data and business processes. With commitment to integrity and accountability, internal auditing provides value to governing bodies and senior management as an objective source of independent advice. Professionals called internal auditors are employed by organizations to perform the internal auditing activity. The scope of internal auditing within an organization is broad and may involve topics such as an organization's governance, risk management and management controls over: efficiency/effectiveness of operations (including safeguarding of assets), the reliability of financial and management reporting, and compliance with laws and regulations. Internal auditing may also involve conducting proactive fraud audits to identify potentially fraudulent acts; participating in fraud investigations under the direction of fraud investigation professionals, and conducting post investigation fraud audits to identify control breakdowns and establish financial loss.

3.

Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

Risk Management 6.76%
Internal Audit 1.75%
Futures 1.54%
Others 89.95%

Job Description for Compliance Specialist III

Compliance Specialist III supports the development and implementation of compliance programs, policies, reporting, and practices for an organization or business. Monitors activities impacted by regulatory requirements related to the organization's governance and any industry-specific or location-specific laws. Being a Compliance Specialist III utilizes established internal controls and auditing systems to identify, detect, and correct noncompliance. Implements changes to compliance processes due to new or amended regulations. Additionally, Compliance Specialist III prepares and updates communication materials. Assists with training initiatives that inform stakeholders about compliance requirements. Requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. The Compliance Specialist III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Compliance Specialist III typically requires 4-7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Compliance Specialist III in Wyoming

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Location Avg. Salary Date Updated
Location Cody, WY Avg. Salary $90,656 Date Updated February 26, 2024
Location Riverton, WY Avg. Salary $88,320 Date Updated February 26, 2024
Location Sheridan, WY Avg. Salary $90,656 Date Updated February 26, 2024
Location Afton, WY Avg. Salary $96,850 Date Updated February 26, 2024
Location Aladdin, WY Avg. Salary $82,797 Date Updated February 26, 2024
Location Albin, WY Avg. Salary $86,581 Date Updated February 26, 2024
Location Alcova, WY Avg. Salary $88,320 Date Updated February 26, 2024
Location Alpine, WY Avg. Salary $96,850 Date Updated February 26, 2024
Location Alta, WY Avg. Salary $96,946 Date Updated February 26, 2024
Location Alva, WY Avg. Salary $82,797 Date Updated February 26, 2024

Career Path for Compliance Specialist III

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Compliance Specialist III, the first career path typically starts with a Compliance Specialist IV position, and then progresses to Compliance Specialist V.

Additionally, the second career path typically progresses to Compliance Investigation Manager.

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Jobs with a similar salary range to Compliance Specialist III : Risk And Compliance Specialist, Regulatory Engineer

Compliance Specialist III Salary in Wyoming
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