Assistant Bank Secrecy Act Officers in the United States take home an average $50K per year. Residence and tenure each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to almost all, and the larger part earn dental coverage. Men are in the minority of survey respondents, with female Assistant Bank Secrecy Act Officers making up 75 percent. Most Assistant Bank Secrecy Act Officers like their work and job satisfaction is high. This report is based on answers to PayScale's salary questionnaire.

$35,234 - $71,761
$35K
$50K
$72K
MEDIAN: $49,783
10%
50%
90%

Add this chart to your site: 640px    300px

$11.94 - $20.51
$12
$16
$21
MEDIAN: $16.48
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$24K$48K$72K
Salary
$35,234 - $71,761  
   
Bonus
$196.53 - $5,120  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$28,691 - $70,017  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 44
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$12$24$36
Hourly Rate
$11.94 - $20.51  
   
Overtime
$22.50  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$24K$48K$72K
Bonus
$196.53 - $5,120  
   
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$28,691 - $70,017  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 20

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Job Description for Assistant Bank Secrecy Act (BSA) Officer

Most of the time, assistant Bank Secrecy Act (BSA) officers work for banks. However, they may work for other financial institutions. These institutions include brokerage firms that provide banking services to their customers, in addition to investment services and stock trading platforms. BSA officers provide operational support for their BSA department. They implement the bank's BSA compliance programs. They maintain and review their institution's BSA and Office of Foreign Assets Control (OFAC) monitoring system to assure that it has appropriate tools to identify suspicious or fraudulent activities. They must also monitor their bank’s compliance with Anti-Money Laundering (AML) laws and that they have ways to recognize suspicious activities related to money laundering. They must make sure that their banks adhere to various banking and federal laws and regulations.

Read More...

Assistant Bank Secrecy Act (BSA) Officer Tasks

  • Develop and implement BSA, AML, and OFAC regulations, policies and procedures of the branch.
  • Report suspicious cases and any issues relating to non-compliance.
  • Assist compliance officer with OFAC and SARs searches.
  • Monitor EDD profile daily and record transactions in EDD system.

Assistant Bank Secrecy Act (BSA) Officer Job Listings

Search for more jobs:

Key Stats for Assistant Bank Secrecy Act (BSA) Officer

Gender

Female
75 %
Male
25 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 7 votes.
046
Less than 1 year
5%
1-4 years
47%
5-9 years
31%
10-19 years
16%
20 years or more
2%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Assistant Bank Secrecy Act (BSA) Officer Salaries

Mid-Career
up arrow 18%

Experienced
up arrow 16%

National Average
$44,000

Entry-Level
up arrow 7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 7 votes.

Gender

Female
75 %
Male
25 %

Years of Experience

Less than 1 year
5%
1-4 years
47%
5-9 years
31%
10-19 years
16%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 70%
vision benefits
Vision: 58%
dental benefits
None: 6%
ADVERTISEMENT