Bank Compliance Officer salary in Canada

Average Yearly Salary of Bank Compliance Officer in Canada is approximately 65,252 CAD (65,118 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Bank Compliance Officer do?

A bank compliance officer is responsible for ensuring that a financial institution operates within the legal and regulatory framework. They are tasked with developing, implementing, and monitoring policies and procedures to ensure compliance with laws such as anti-money laundering (AML), know-your-customer (KYC), and data protection. They conduct regular audits and risk assessments to identify and address any potential compliance issues. Additionally, they provide training and guidance to employees on compliance matters and work closely with regulatory bodies to ensure adherence to guidelines. A bank compliance officer must have strong analytical skills, attention to detail, and knowledge of relevant laws and regulations.

Skills: Bank compliance, Regulatory compliance, AML, KYC, Risk assessment, Data protection
Job industry: Banking

How much does Bank Compliance Officer make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Bank Compliance Officer a well paid job?

Yes, our data show that Bank Compliance Officer is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Bank Compliance Officer?

High salary for Bank Compliance Officer would be somewhere between 71,777 CAD and 94,615 CAD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Bank Compliance Officer in Canada?

Living in Canada the approximate monthly expenses are: 2,118 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 65,252 CAD
Estimated Monthly Salary: 5,438 CAD
Estimated Weekly Salary: 1,255 CAD per week
Estimated Hourly Salary: 31 CAD per hour
By working as Bank Compliance Officer a person can save up to 3,308 USD per month or 39,697 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Canada, see costs of living in Canada.

Salary comparison to region and neighbouring coutries

Country's neighbours are: United States of America.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Bank Compliance Officer

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Canada

Data as of 2025

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