Hedge fund compliance professionals ensure that their firm is in compliance with U.S. federal laws and regulations (such as the Investment Advisers Act of 1940, Securities Act of 1933, the Securities Exchange Act of 1934, and the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010), as well as with the rules of self-regulatory organizations.
Minimum Education Level
Compliance directors who were employed at hedge funds earned average salaries of $146,250 in 2020, according to the job site Neuvoo.com. Ten percent of directors earned $215,000 or more.
Chief compliance officers who have a law degree can earn total compensation of between $400,000 and $1 million, according to Dealbreaker.com. Base salaries range from $175,000 to $250,000, w...
Compliance professionals work in modern, well-lit offices and use the latest computers and office equipment to do their jobs. At large firms, a chief compliance officer (CCO) will be assisted by a staff of five to 10 or more people. At small firms, the CCO may be the only compliance professional. This job can be extremely stressful—especially as a result of growing federal scrutiny of the hedge...
There will continue to be job opportunities for compliance professionals as a result of increasing regulation of the financial industry in the United States and around the world. Compliance professionals with a law degree and considerable hedge fund experience will have the best job prospects. In 2020, U.S. News & World Report selected the career of compliance officer as the 16