Compliance Officer salary in Iceland

Average Yearly Salary of Compliance Officer in Iceland is approximately 13,774,414 ISK (96,048 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 Compliance Officer do?

A compliance officer is responsible for ensuring that an organization adheres to all relevant laws, regulations, and internal policies. They play a crucial role in preventing legal and ethical violations by conducting audits, implementing compliance programs, and providing guidance to employees. Compliance officers monitor and assess risks, investigate any potential breaches, and develop strategies to mitigate them. They also keep up-to-date with new regulations and industry best practices, and educate employees on compliance requirements.

Skills: Compliance officer, Regulatory compliance, Risk management, Internal policies, Auditing, Legal and ethical standards
Job industry: Finance

How much does 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 Compliance Officer a well paid job?

Yes, our data shows that Compliance Officer is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Compliance Officer?

High salary for Compliance Officer would be somewhere between 15,151,855 ISK and 19,972,900 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Compliance Officer in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 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: 13,774,414 ISK
Estimated Monthly Salary: 1,147,868 ISK
Estimated Weekly Salary: 264,893 ISK per week
Estimated Hourly Salary: 6,622 ISK per hour
By working as Compliance Officer a person can save up to 5,275 USD per month or 63,302 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 Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for 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 Iceland

Data as of 2025

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