Compliance Managers in Puerto Rico
Considering working as a Compliance Managers in Puerto Rico? Below are the key facts. All managers not listed separately.
What do Compliance Managers Make in Puerto Rico?
The compliance managers working in Puerto Rico, wages run about $78,740 per year (or about $37.86/hour).Annual wages span from $43,310 at the 10th percentile to $139,010 at the 90th percentile.
| Wage Statistic | Annual | Hourly |
|---|---|---|
| 10th percentile | $43,310 | $20.82 |
| 25th percentile | $58,810 | $28.28 |
| Median (50th) | $78,740 | $37.86 |
| 75th percentile | $107,240 | $51.56 |
| 90th percentile | $139,010 | $66.83 |
The location quotient — a measure of how concentrated this occupation is in Puerto Rico compared to the national average — is 1.39, indicating that compliance managers are more concentrated here than the national average.
National Wage Comparison
Nationally, compliance managers earn a median of $117,178 per year ($56.34/hour), lower than the Puerto Rico median.
Employment Outlook
National employment for 274,622 compliance managers nationwide. In Puerto Rico alone, approximately 5,360 people work in this role. That’s below the typical state, which employs around 5,640 compliance managers.
Top Puerto Rico Metros for Compliance Managers
These are the Puerto Rico metros with the most compliance managers in Puerto Rico.
| Metro Area | Number Employed | Annual Median Salary |
|---|---|---|
| San Juan-Bayamon-Caguas, PR | 4,730 | $80,000 |
| Ponce, PR | 160 | $45,040 |
| Aguadilla, PR | 120 | $72,850 |
| Mayaguez, PR | 120 | $51,040 |
| Arecibo, PR | 90 | $50,000 |
| Guayama, PR | 40 | $41,960 |
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
The most important compliance managers skills, rated on an importance scale of 0 to 5:
Knowledge Areas
Important knowledge areas for this occupation, rated on an importance scale of 0 to 5:
Abilities
The abilities that matter most for compliance managers, rated on an importance scale of 0 to 5:
Daily Tasks
Common tasks include:
- 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?
Programs that train for this career include:
- Business Administration & Management
- Business & Commerce
- Entrepreneurial Studies
- Hospitality Management
- Telecommunications Management
- General Psychology
- Clinical & Counseling Psychology
- Child Development & Psychology
- Other Psychology
- Economics
- Political Science & Government
- Sociology
- General Social Sciences
- International Relations & Security
- Anthropology
- Criminology
- Geography & Cartography
- Other Social Sciences
- Urban Studies
- Sociology & Anthropology
- Archeology
- Demography & Population Studies
- Geography and Anthropology
- Criminal Justice & Corrections
- Homeland Security
- Fire Protection
- Security Science and Technology
- History
- Public Administration
- Radio, TV & Digital Communication
- Library & Information Science
- Information Technology
- Arts & Media Management
- Systems Theory
- History and Language/Literature
- Philosophy, Politics, and Economics
- Digital Humanities and Textual Studies
- Economics and Computer Science
- History and Political Science
- Historic Preservation
- Geoarcheaology
- Linguistics and Anthropology
- Economics and Foreign Language/Literature
- Pharmacy/Pharmaceutical Sciences
- Health/Medical Admin Services
- Natural Resource Management
- Religious Institution Administration and Law
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Related Careers
Other careers like compliance managers include:
- Security Managers
- Regulatory Affairs Managers
- Compliance Officers
- Environmental Compliance Inspectors
- Government Property Inspectors and Investigators
- Regulatory Affairs Specialists
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
- U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics — https://www.bls.gov/oes/
- O*NET Online — https://www.onetonline.org/
- BLS Employment Projections — https://www.bls.gov/emp/
- O*NET-SOC code: 11-9199.02
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