Wall Street police could earn up to $750,000 per year

Police Car

Wall Street is offering a cop test.

The New York Post reports that The Street is looking to recruit a new compliance force to police its traders - and the pay is much higher than for those walking a beat.

As Washington ramps up regulations and financial scandals continue to unfold, the revived opportunities have sent the average six-figure salary skyrocketing over the last three years for a scarce group of elite professionals.

In 2010, many top compliance pros were still collecting unemployment benefits. Today, they can pick and choose their jobs. And their compliance compensation is rising faster than the salaries paid in many of the Street’s other sectors.

The biggest compliance hotshots, who work for multi-billion dollar funds, are seeing jaw-dropping annual payouts of $750,000.

Average annual pay for compliance pros, $500,000, is up from $350,000 in 2010, according to a study from IJC Partners in New York.

Hit the link below to access the complete New York Post article

Wall St. pays top $ for hired guns

Board rebuffs Ackman on Penney successor call: source

JCPenney board wants to keep Ullman as CEO, block power play by largest shareholder Ackman

image: © Bengt Nyman

JefferiesAnd the Best Place to Work in the global financial markets 2016 is...

Register for Financial Markets News Alerts