Vice President Compliance Officer salary in Iceland

Average Yearly Salary of Vice President Compliance Officer in Iceland is approximately 24,627,129 ISK (172,069 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 Vice President Compliance Officer do?

The occupation of a Vice President Compliance Officer involves overseeing and ensuring that an organization complies with all applicable laws, regulations, and internal policies. They are responsible for establishing and implementing compliance programs, conducting risk assessments, monitoring and reporting on compliance issues, and providing guidance to employees on compliance matters. The Vice President Compliance Officer works closely with senior management and various departments to develop and enforce policies and procedures that promote ethical behavior and mitigate risks. They also conduct investigations into potential violations, collaborate with external auditors and regulatory bodies, and provide training to employees on compliance-related topics. This role requires strong analytical skills, attention to detail, and the ability to interpret complex regulations.

Skills: Compliance officer, Risk management, Regulatory compliance, Policy enforcement, Ethics, Internal controls
Job industry: Finance

How much does Vice President Compliance Officer make?

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


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Salary comparison to National average

Is Vice President Compliance Officer a well paid job?

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

What is considered a high salary for Vice President Compliance Officer?

High salary for Vice President Compliance Officer would be somewhere between 27,089,842 ISK and 35,709,337 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Vice President 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: 24,627,129 ISK
Estimated Monthly Salary: 2,052,261 ISK
Estimated Weekly Salary: 473,599 ISK per week
Estimated Hourly Salary: 11,840 ISK per hour
By working as Vice President Compliance Officer a person can save up to 11,610 USD per month or 139,323 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 Vice President 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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