Vendor Compliance Analyst salary in Iceland

Average Yearly Salary of Vendor Compliance Analyst in Iceland is approximately 12,760,136 ISK (89,437 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 Vendor Compliance Analyst do?

A vendor compliance analyst is responsible for ensuring that vendors and suppliers comply with the company's policies, procedures, and regulations. They review vendor contracts, agreements, and performance metrics to ensure that vendors are meeting their obligations and operating within legal and ethical boundaries. The analyst also conducts audits and assessments to identify any non-compliance issues and works closely with vendors to address and resolve these issues. They may also develop and implement vendor compliance training programs to educate vendors on the company's requirements. Additionally, the vendor compliance analyst keeps up-to-date with industry regulations and best practices to ensure the company's vendor management processes are in line with current standards.

Skills: Vendor compliance, Analyst, Supplier management, Regulatory compliance, Contract management, Auditing
Job industry: Supply chain management

How much does Vendor Compliance Analyst make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Vendor Compliance Analyst a well paid job?

Yes, our data shows that Vendor Compliance Analyst 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 Vendor Compliance Analyst?

High salary for Vendor Compliance Analyst would be somewhere between 14,036,150 ISK and 18,502,197 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Vendor Compliance Analyst 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: 12,760,136 ISK
Estimated Monthly Salary: 1,063,345 ISK
Estimated Weekly Salary: 245,387 ISK per week
Estimated Hourly Salary: 6,135 ISK per hour
By working as Vendor Compliance Analyst a person can save up to 4,724 USD per month or 56,691 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 Vendor Compliance Analyst

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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