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Compliance Managers in Virgin Islands

Compliance Managers in Virgin Islands

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

$92,270 Median Annual Wage (Virgin Islands)
$117,178 National Median Annual Wage
190 Virgin Islands Employment
Considerable Preparation Needed Typical Preparation

What do Compliance Managers Make in Virgin Islands?

For a compliance managers working in Virgin Islands, the median annual wage is $92,270 per year (or roughly $44.36/hour).Annual wages span from $52,000 at the 10th percentile to $137,430 at the 90th percentile.

Wage Statistic Annual Hourly
10th percentile $52,000 $25.00
25th percentile $74,300 $35.72
Median (50th) $92,270 $44.36
75th percentile $119,990 $57.69
90th percentile $137,430 $66.07
Salary ranges for Compliance Managers in Virgin Islands

The location quotient — a measure of how concentrated this occupation is in Virgin Islands relative to the national average — is 1.36, 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), below the Virgin Islands median.

Compliance Managers earnings in Virgin Islands vs. the national average

Employment Outlook

There are roughly 274,622 compliance managers nationwide. In Virgin Islands alone, around 190 people work in this role. That trails the typical state, which employs around 5,640 compliance managers.

Compliance Managers in Virgin Islands vs. the average state Forecasted number of jobs for Compliance Managers

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

The highest-paying states 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

Top 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
Coordination  3.8 / 5
0
5

Knowledge Areas

Core 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:

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

Technologies frequently used: Hot technologies: Adobe Acrobat, Apple Safari In-demand technologies: Microsoft Excel

What Major Will Prepare You For This Career?

Related college programs include:

Careers similar 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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