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Compliance Managers in Illinois

Compliance Managers in Illinois

Thinking about a career as a Compliance Managers in Illinois? Here’s what you need to know. All managers not listed separately.

$134,810 Median Annual Wage (Illinois)
$117,178 National Median Annual Wage
Considerable Preparation Needed Typical Preparation

What do Compliance Managers Make in Illinois?

For compliance managers working in Illinois, the median annual wage is $134,810 per year (or about $64.81/hour).Annual wages span from $78,000 at the 10th percentile to $229,310 at the 90th percentile.

Wage Statistic Annual Hourly
10th percentile $78,000 $37.50
25th percentile $103,200 $49.61
Median (50th) $134,810 $64.81
75th percentile $176,110 $84.67
90th percentile $229,310 $110.24
Salary ranges for Compliance Managers in Illinois

National Wage Comparison

Nationally, compliance managers earn a median of $117,178 per year ($56.34/hour), above the Illinois median.

Compliance Managers earnings in Illinois vs. the national average

Employment Outlook

National employment for 274,622 compliance managers across the United States.

Forecasted number of jobs for Compliance Managers

Top Illinois Metros for Compliance Managers

The largest metro-area employers of compliance managers in Illinois.

Metro Area Number Employed Annual Median Salary
Peoria, IL 840 $127,330
Rockford, IL 480 $123,460
Springfield, IL 370 $126,500
Bloomington, IL 350 $138,300
Champaign-Urbana, IL 310 $118,070
Decatur, IL 120 $128,340
Kankakee, IL 100 $106,350

Top States for Compliance Managers Employment

These states have the highest employment of compliance managers work.

State Number Employed
California 103,510
Texas 53,070
Florida 46,500
Georgia 36,520
Pennsylvania 24,480
New Jersey 24,000
Virginia 22,210
North Carolina 21,150
Maryland 20,810
District of Columbia 18,180
Tennessee 17,260
New York 16,640
Louisiana 15,360
Wisconsin 13,910
Colorado 13,710
Nevada 10,990
Washington 10,740
Massachusetts 10,670
Ohio 9,390
Arizona 9,280

Highest-Paying States for Compliance Managers

These states pay the most for compliance managers.

State Annual Median Salary
Massachusetts $172,380
District of Columbia $171,910
California $170,740
Delaware $170,310
Washington $165,080
Colorado $164,010
New Jersey $163,630
Virginia $162,610
New York $161,360
Minnesota $158,680

Skills

Key compliance managers skills, rated on an importance scale of 0 to 5:

Critical Thinking  4.0 / 5
0
5
Reading Comprehension  4.0 / 5
0
5
Writing  3.9 / 5
0
5
Active Listening  3.9 / 5
0
5
Speaking  3.9 / 5
0
5
Active Learning  3.8 / 5
0
5

Knowledge Areas

Key knowledge areas for this occupation, rated on an importance scale of 0 to 5:

Law and Government  4.6 / 5
0
5
English Language  4.5 / 5
0
5
Administration and Management  4.1 / 5
0
5
Customer and Personal Service  3.7 / 5
0
5
Personnel and Human Resources  3.7 / 5
0
5
Computers and Electronics  3.6 / 5
0
5

Abilities

Key abilities for compliance managers, rated on an importance scale of 0 to 5:

Problem Sensitivity  4.1 / 5
0
5
Written Expression  4.1 / 5
0
5
Oral Expression  4.1 / 5
0
5
Deductive Reasoning  4.0 / 5
0
5
Written Comprehension  4.0 / 5
0
5
Inductive Reasoning  4.0 / 5
0
5

Daily Tasks

Day-to-day, compliance managers typically:

  • Report violations of compliance or regulatory standards to duly authorized enforcement agencies as appropriate or required.
  • Identify compliance issues that require follow-up or investigation.
  • Discuss emerging compliance issues to ensure that management and employees are informed about compliance reporting systems, policies, and practices.
  • File appropriate compliance reports with regulatory agencies.
  • Maintain documentation of compliance activities, such as complaints received or investigation outcomes.
  • Consult with corporate attorneys as necessary to address difficult legal compliance issues.
  • Conduct or direct the internal investigation of compliance issues.
  • Provide employee training on compliance related topics, policies, or procedures.
  • Serve as a confidential point of contact for employees to communicate with management, seek clarification on issues or dilemmas, or report irregularities.
  • Verify that all regulatory policies and procedures have been documented, implemented, and communicated.
  • Disseminate written policies and procedures related to compliance activities.
  • Prepare management reports regarding compliance operations and progress.

Work Activities

  • Evaluating Information to Determine Compliance with Standards
  • Getting Information
  • Communicating with Supervisors, Peers, or Subordinates
  • Working with Computers
  • Documenting/Recording Information
  • Making Decisions and Solving Problems
  • Updating and Using Relevant Knowledge
  • Establishing and Maintaining Interpersonal Relationships
  • Identifying Objects, Actions, and Events
  • Organizing, Planning, and Prioritizing Work
  • Communicating with People Outside the Organization
  • Processing Information

Tools & Technology

Software and systems commonly involved: Hot technologies: Adobe Acrobat, Apple Safari In-demand technologies: Microsoft Excel

What Major Will Prepare You For This Career?

Several college majors map to this occupation:

Related occupations to compliance managers include:

Also Known As

Accreditation Lieutenant, Accreditation Manager, Anti Money Laundering Compliance Manager (AML Compliance Manager), Audit Manager, Compliance Audit Manager, Compliance Coordinator, Compliance Director, Compliance Manager, Compliance Operations Manager, Compliance Professional, Compliance Program Manager, Corporate Compliance Director, Environmental Health and Safety Director, Environmental Health and Safety Manager, Environmental Manager.

References

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