Compliance Officer Jobs in Memphis, TN
About Compliance Officer Jobs in Memphis
Looking for a Compliance Officer job in Memphis? You're in the right place. This guide covers everything you need to know about working as a Compliance Officer in Memphis, TN.
We'll show you what you can expect to earn. We'll also share which companies are hiring. Plus, you'll learn about the cost of living and how to get started in your job search.
Memphis has a strong job market for Compliance Officers. Many employers are actively looking for talent. Read on to learn how to land your next role.
Compliance Officer Salary in Memphis
Compliance Officer salaries in Memphis are 14% below the national average, though the lower cost of living often provides similar purchasing power.
Purchasing power in Memphis is comparable to the national average, with salaries appropriately scaled to local costs.
Required Skills
Compliance Officer Job Market in Memphis
Memphis, TN is a growing job market with increasing opportunities for Compliance Officer professionals. As a mid-sized metro with 633K residents, Memphis balances career opportunities with quality of life. While Logistics leads the local economy, there's growing demand for Compliance Officer roles across various sectors. The market for Compliance Officer positions remains stable, with opportunities in both established companies and growing organizations.
Top Companies Hiring Compliance Officers in Memphis
Major employers hiring Compliance Officers in Memphis include Local government, Regional employers, National companies. Many companies offer competitive benefits including comprehensive healthcare, and professional development opportunities.
Cost of Living for Compliance Officers in Memphis
Living in Memphis as a Compliance Officer means navigating a cost of living that's below the national average, making it an attractive option for budget-conscious professionals. Average rent for a 1-bedroom apartment is approximately $1,800/month. Housing costs are manageable for Compliance Officer salaries in the area. Suburban apartments average $1,400/month, offering significant savings with slightly longer commutes.
Commuting as a Compliance Officer in Memphis
Memphis Limited public transit options; car recommended for most commutes. The average commute time is 25 minutes. Research employer-specific shuttle services. Consider living close to your workplace. Since transit options are limited, consider living close to your workplace or negotiating flexible hours to avoid peak traffic.
Best neighborhoods for Compliance Officers in Memphis: Downtown (Central business district with tech companies); Tech Park/Campus (Suburban office park developments). Downtown is particularly popular among Compliance Officer professionals due to proximity to major employers and urban amenities.
Tax Considerations in Tennessee
Tennessee has no state income tax. Compared to a state with 5% income tax, a Compliance Officer earning $77,400 would save approximately $3,870 annually. This makes Memphis attractive for high earners, though property taxes and sales tax help fund state services.
Career Outlook for Compliance Officers
The job outlook for Compliance Officers in Memphis is stable. While not experiencing rapid growth, the field maintains steady demand with consistent opportunities for qualified professionals. While the market is smaller, Memphis offers opportunities for those seeking specialized roles or better work-life balance. In-demand skills include Regulatory Knowledge, Risk Assessment, Policy Development, Auditing.
Relocating to Memphis
Memphis's affordable cost of living means your Compliance Officer salary will stretch further than in major coastal cities. Many professionals relocate here for better quality of life. Tennessee has no state income tax, which can add thousands to your annual take-home pay compared to high-tax states like California or New York.
Frequently Asked Questions
What is the average Compliance Officer salary in Memphis, TN?
The average Compliance Officer salary in Memphis, TN is $77,400 per year. Entry-level Compliance Officers typically start around $43,860, while experienced professionals can earn $118,680 or more. The national average for Compliance Officer roles is $90,000.
How many Compliance Officer jobs are available in Memphis?
Memphis has a growing job market with steady opportunities for Compliance Officer professionals. Major employers hiring Compliance Officers include Local government, Regional employers, National companies. The Logistics and Healthcare sectors drive much of the demand in this market.
Is Memphis a good city for Compliance Officers?
Memphis is an solid choice for Compliance Officers. While not as large as coastal metros, it offers solid opportunities and often better work-life balance. The affordable cost of living means salaries go further than in more expensive markets. The city's logistics industry creates strong demand for legal professionals.
What skills are most in-demand for Compliance Officers in Memphis?
Top skills for Compliance Officers in Memphis include Regulatory Knowledge, Risk Assessment, Policy Development, Auditing, Training. Employers value both technical expertise and soft skills like communication and teamwork.
What is the cost of living for Compliance Officers in Memphis?
Memphis's cost of living is below the national average (86% of baseline). Average rent for a 1-bedroom apartment is approximately $1,800/month. Purchasing power in Memphis is comparable to the national average, with salaries appropriately scaled to local costs.
How is the commute for Compliance Officers in Memphis?
Memphis Limited public transit options; car recommended for most commutes. The average commute is 25 minutes. Research employer-specific shuttle services.
More Legal Jobs in Memphis
Career Resources
Popular Jobs in Memphis
Compliance Officer in Other Cities
Get Hired Faster
Create an AI-optimized resume tailored for Compliance Officer jobs in Memphis.
Get Started Free