The Legal, Risk & Compliance market in Japan is defined by heightened regulatory standards and the integration of new technologies, particularly AI and digital assets.
Legal sector growth is primarily driven by replacement hiring and internal mobility rather than new headcount. Meanwhile, compliance activity has increased significantly to meet the needs of foreign fintech and asset management firms entering the region.
Organisations are prioritising cultural and technical fit over speed, leading to a disciplined hiring environment that favours Japan-qualified talent.
Salary trends for Risk & Compliance have remained generally flat, though the entry of new fintech and private equity firms is driving pressure.
In-house legal salaries have stabilised at elevated levels, with senior roles typically offering between ¥20M and ¥30M+. Mid-level in-house professionals with five to eight years of post-qualification experience are seeing modest increases.
Private practice compensation remains split, with domestic firms offering yen-denominated predictability while international firms continue to pay at the upper end of the market using performance-linked models.
| Job Title |
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Sub Sector | Location | |||
|---|---|---|---|---|---|---|
| Job Title | Sector | Sub Sector | Location | Low | Median | High |
Head of Risk, Investment Banking Senior Management Senior Management Annual rate |
Risk | Senior Management | Tokyo | ¥25,000,000 | ¥32,000,000 | ¥40,000,000 |
CRO / Chief Risk Officer, Investment Banking Senior Management Senior Management Annual rate |
Risk | Senior Management | Tokyo | ¥30,000,000 | ¥35,000,000 | ¥45,000,000+ |
Operational Risk Analyst, Investment Banking Operational Risk Operational Risk Annual rate |
Risk | Operational Risk | Tokyo | ¥6,000,000 | ¥7,000,000 | ¥8,000,000 |
Operational Risk Associate, Investment Banking Operational Risk Operational Risk Annual rate |
Risk | Operational Risk | Tokyo | ¥7,000,000 | ¥10,000,000 | ¥13,000,000 |
Operational Risk VP, Investment Banking Operational Risk Operational Risk Annual rate |
Risk | Operational Risk | Tokyo | ¥12,000,000 | ¥15,500,000 | ¥19,000,000 |
Operational Risk Director, Investment Banking Operational Risk Operational Risk Annual rate |
Risk | Operational Risk | Tokyo | ¥19,000,000 | ¥23,500,000 | ¥28,000,000 |
Operational Risk Managing Director, Investment Banking Operational Risk Operational Risk Annual rate |
Risk | Operational Risk | Tokyo | ¥22,000,000 | ¥27,000,000 | ¥32,000,000 |
Credit Risk Analyst, Investment Banking Credit Risk Credit Risk Annual rate |
Risk | Credit Risk | Tokyo | ¥7,000,000 | ¥9,000,000 | ¥11,000,000 |
Credit Risk Associate, Investment Banking Credit Risk Credit Risk Annual rate |
Risk | Credit Risk | Tokyo | ¥10,500,000 | ¥12,000,000 | ¥14,000,000 |
Credit Risk VP, Investment Banking Credit Risk Credit Risk Annual rate |
Risk | Credit Risk | Tokyo | ¥14,000,000 | ¥17,000,000 | ¥24,000,000 |
Credit Risk Director, Investment Banking Credit Risk Credit Risk Annual rate |
Risk | Credit Risk | Tokyo | ¥20,000,000 | ¥26,000,000 | ¥32,000,000 |
Credit Risk Managing Director, Investment Banking Credit Risk Credit Risk Annual rate |
Risk | Credit Risk | Tokyo | ¥25,000,000 | ¥30,000,000 | ¥45,000,000 |
Market Risk Analyst, Investment Banking Market Risk Market Risk Annual rate |
Risk | Market Risk | Tokyo | ¥7,000,000 | ¥8,000,000 | ¥9,000,000 |
Market Risk Associate, Investment Banking Market Risk Market Risk Annual rate |
Risk | Market Risk | Tokyo | ¥9,000,000 | ¥11,500,000 | ¥14,000,000 |
Market Risk VP, Investment Banking Market Risk Market Risk Annual rate |
Risk | Market Risk | Tokyo | ¥13,000,000 | ¥16,500,000 | ¥20,000,000 |
Market Risk Director, Investment Banking Market Risk Market Risk Annual rate |
Risk | Market Risk | Tokyo | ¥19,000,000 | ¥24,000,000 | ¥29,000,000 |
Market Risk Managing Director, Investment Banking Market Risk Market Risk Annual rate |
Risk | Market Risk | Tokyo | ¥25,000,000 | ¥30,000,000 | ¥35,000,000 |
Liquidity Risk Analyst, Investment Banking Liquidity Risk Liquidity Risk Annual rate |
Risk | Liquidity Risk | Tokyo | ¥6,500,000 | ¥7,000,000 | ¥8,000,000 |
Liquidity Risk Associate, Investment Banking Liquidity Risk Liquidity Risk Annual rate |
Risk | Liquidity Risk | Tokyo | ¥9,000,000 | ¥10,000,000 | ¥13,000,000 |
Liquidity Risk VP, Investment Banking Liquidity Risk Liquidity Risk Annual rate |
Risk | Liquidity Risk | Tokyo | ¥12,000,000 | ¥15,000,000 | ¥18,000,000 |
Liquidity Risk Director, Investment Banking Liquidity Risk Liquidity Risk Annual rate |
Risk | Liquidity Risk | Tokyo | ¥17,000,000 | ¥22,000,000 | ¥28,000,000 |
Liquidity Risk Managing Director, Investment Banking Liquidity Risk Liquidity Risk Annual rate |
Risk | Liquidity Risk | Tokyo | ¥25,000,000 | ¥30,000,000 | ¥30,000,000 |
Head of Compliance, Investment Banking Senior Management Senior Management Annual rate |
Compliance | Senior Management | Tokyo | ¥25,000,000 | ¥35,000,000 | ¥45,000,000+ |
Core / Central Compliance Analyst, Investment Banking Core / Central Compliance Core / Central Compliance Annual rate |
Compliance | Core / Central Compliance | Tokyo | ¥6,000,000 | ¥7,000,000 | ¥8,000,000 |
Core / Central Compliance Associate, Investment Banking Core / Central Compliance Core / Central Compliance Annual rate |
Compliance | Core / Central Compliance | Tokyo | ¥8,000,000 | ¥10,000,000 | ¥12,000,000 |
Core / Central Compliance VP, Investment Banking Core / Central Compliance Core / Central Compliance Annual rate |
Compliance | Core / Central Compliance | Tokyo | ¥11,000,000 | ¥15,000,000 | ¥19,000,000 |
Core / Central Compliance Director, Investment Banking Core / Central Compliance Core / Central Compliance Annual rate |
Compliance | Core / Central Compliance | Tokyo | ¥18,000,000 | ¥23,000,000 | ¥28,000,000 |
Compliance Surveillance / Monitoring Analyst, Investment Banking Surveillance / Monitoring Analyst, Financial Services Surveillance / Monitoring Analyst, Financial Services Annual rate |
Compliance | Surveillance / Monitoring Analyst, Financial Services | Tokyo | ¥6,000,000 | ¥7,500,000 | ¥9,000,000 |
Compliance Surveillance / Monitoring Associate, Investment Banking Surveillance / Monitoring Analyst, Financial Services Surveillance / Monitoring Analyst, Financial Services Annual rate |
Compliance | Surveillance / Monitoring Analyst, Financial Services | Tokyo | ¥8,000,000 | ¥10,000,000 | ¥12,000,000 |
Compliance Surveillance / Monitoring VP, Investment Banking Surveillance / Monitoring Analyst, Financial Services Surveillance / Monitoring Analyst, Financial Services Annual rate |
Compliance | Surveillance / Monitoring Analyst, Financial Services | Tokyo | ¥11,000,000 | ¥15,000,000 | ¥19,000,000 |
Compliance Surveillance / Monitoring Director, Investment Banking Surveillance / Monitoring Analyst, Financial Services Surveillance / Monitoring Analyst, Financial Services Annual rate |
Compliance | Surveillance / Monitoring Analyst, Financial Services | Tokyo | ¥18,000,000 | ¥22,500,000 | ¥27,000,000 |
Control Room Compliance Analyst, Investment Banking Control Room Control Room Annual rate |
Compliance | Control Room | Tokyo | ¥7,000,000 | ¥8,000,000 | ¥9,000,000 |
Control Room Compliance Associate, Investment Banking Control Room Control Room Annual rate |
Compliance | Control Room | Tokyo | ¥8,000,000 | ¥10,500,000 | ¥13,000,000 |
Control Room Compliance VP, Investment Banking Control Room Control Room Annual rate |
Compliance | Control Room | Tokyo | ¥12,000,000 | ¥16,000,000 | ¥19,000,000 |
Control Room Compliance Director, Investment Banking Control Room Control Room Annual rate |
Compliance | Control Room | Tokyo | ¥18,000,000 | ¥23,000,000 | ¥28,000,000 |
Compliance Advisory Analyst, Investment Banking Advisory Advisory Annual rate |
Compliance | Advisory | Tokyo | ¥7,000,000 | ¥8,000,000 | ¥9,000,000 |
Compliance Advisory Associate, Investment Banking Advisory Advisory Annual rate |
Compliance | Advisory | Tokyo | ¥9,000,000 | ¥11,500,000 | ¥14,000,000 |
Compliance Advisory VP, Investment Banking Advisory Advisory Annual rate |
Compliance | Advisory | Tokyo | ¥13,000,000 | ¥17,500,000 | ¥22,000,000 |
Compliance Advisory Director, Investment Banking Advisory Advisory Annual rate |
Compliance | Advisory | Tokyo | ¥20,000,000 | ¥25,000,000 | ¥30,000,000+ |
In-house Junior Legal Assistant Legal (In House) Legal (In House) Annual rate |
Legal | Legal (In House) | Tokyo | ¥4,000,000 | ¥6,000,000 | ¥8,000,000 |
In-house Senior Legal Assistant Legal (In House) Legal (In House) Annual rate |
Legal | Legal (In House) | Tokyo | ¥6,000,000 | ¥9,000,000 | ¥12,000,000 |
In-house Legal Counsel Legal (In House) Legal (In House) Annual rate |
Legal | Legal (In House) | Tokyo | ¥9,000,000 | ¥14,000,000 | ¥19,000,000 |
In-house Senior Counsel Legal (In House) Legal (In House) Annual rate |
Legal | Legal (In House) | Tokyo | ¥15,000,000 | ¥22,000,000 | ¥29,000,000 |
In-house Associate General Counsel Legal (In House) Legal (In House) Annual rate |
Legal | Legal (In House) | Tokyo | ¥22,000,000 | ¥27,000,000 | ¥32,000,000 |
In-house Head of Legal / General Counsel Legal (In House) Legal (In House) Annual rate |
Legal | Legal (In House) | Tokyo | ¥30,000,000 | ¥35,000,000 | ¥40,000,000+ |
Private Practice PQE~ (Newly Qualified) Legal (Private Practice) Legal (Private Practice) Annual rate |
Legal | Legal (Private Practice) | Tokyo | ¥6,000,000 | ¥10,000,000 | ¥14,000,000 |
Private Practice 1-2 years PQE Legal (Private Practice) Legal (Private Practice) Annual rate |
Legal | Legal (Private Practice) | Tokyo | ¥8,000,000 | ¥13,000,000 | ¥18,000,000 |
Private Practice 3-4 years PQE Legal (Private Practice) Legal (Private Practice) Annual rate |
Legal | Legal (Private Practice) | Tokyo | ¥10,000,000 | ¥17,000,000 | ¥24,000,000 |
Private Practice 5-6 years PQE Legal (Private Practice) Legal (Private Practice) Annual rate |
Legal | Legal (Private Practice) | Tokyo | ¥12,000,000 | ¥21,000,000 | ¥30,000,000 |
Private Practice 7-8 years PQE Legal (Private Practice) Legal (Private Practice) Annual rate |
Legal | Legal (Private Practice) | Tokyo | ¥15,000,000 | ¥25,000,000 | ¥35,000,000 |
Private Practice Senior Associate (9-12 years PQE) Legal (Private Practice) Legal (Private Practice) Annual rate |
Legal | Legal (Private Practice) | Tokyo | ¥18,000,000 | ¥29,000,000 | ¥40,000,000 |
Private Practice Partner Legal (Private Practice) Legal (Private Practice) Annual rate |
Legal | Legal (Private Practice) | Tokyo | ¥25,000,000 | ¥50,000,000 | ¥70,000,000+ |
Permanent, temporary and contract salary data for a range of Legal, Risk & Compliance roles, as well as insights and advice to guide your talent strategies.