$59,019
Avg. Salary
$21.09
Avg. Hourly Rate

Average additional compensation:

$3,049

Bonus

$2,042

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Bank Secrecy Act-Anti-Money Laundering (BSA/AML) Officer is $21.09 per hour.

The average pay for a Bank Secrecy Act-Anti-Money Laundering (BSA/AML) Officer is $59,019 per year.

10%
$15.02
10%
$21.09
50%
$31.51
90%
90%
MEDIAN $21.09
10%
$41k
10%
$59k
50%
$97k
90%
90%
MEDIAN $59,019
$40,780 - $97,112
$41K
$59K
$97K
MEDIAN: $59,019
10%
50%
90%

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$15.02 - $31.51
$15
$21
$32
MEDIAN: $21.09
10%
50%
90%

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$0$97K
Salary $40,780 - $97,112
Bonus $486 - $14,537
Profit Sharing $436 - $6,183
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).
)
$39,144 - $97,865
  • Country: United States
  • Currency: USD
  • Updated: 18 Mar 2019
  • Individuals Reporting: 472
Hourly Data $0$46
Hourly Rate $15.02 - $31.51
Overtime $21.21 - $46.28
Annual Data $0$97K
Bonus $486 - $14,537
Profit Sharing $436 - $6,183
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).
)
$39,144 - $97,865
  • Country: United States
  • Currency: USD
  • Updated: 18 Mar 2019
  • Individuals Reporting: 94

Job Description for Bank Secrecy Act-Anti-Money Laundering (BSA/AML) Officer

A Bank Secrecy Act-Anti-Money Laundering (BSA/AML) officer is primarily responsible for understanding the regulations and laws related to the Bank Secrecy Act. Using this understanding, the BSA/AML officer helps implement rules and regulations within their bank; this includes identifying parameters to ensure the bank is in compliance with the BSA/AML regulations, as well as the Patriot Act. The employee must be self-motivated, as they must monitor, explain, and adjust the bank's operations within this regulatory framework.

Read More...
Bank Secrecy Act-Anti-Money Laundering (BSA/AML) Officer Tasks
  • Implement policies, procedures, and systems to ensure comprehensive customer identification, customer due diligence, and suspicious activity monitoring and reporting.
  • Oversee BSA report preparation. Issue periodic reports of BSA review issues to senior and division managers.
  • Resolve issues and problems with all levels of management throughout multi-bank environments responding to issues/problems as they occur.
  • Develop an enterprise-wide BSA/AML risk assessment with consideration to products, services, customers, and geographies that may present BSA/AML related risks.
  • Direct and perform special projects or audits as directed.

Bank Secrecy Act-Anti-Money Laundering (BSA/AML) Officer Job Listings

Popular Skills for Bank Secrecy Act-Anti-Money Laundering (BSA/AML) Officer

Pay by Experience Level for Bank Secrecy Act-Anti-Money Laundering (BSA/AML) Officer

Pay by Experience for a Bank Secrecy Act-Anti-Money Laundering (BSA/AML) Officer has a positive trend. An entry-level Bank Secrecy Act-Anti-Money Laundering (BSA/AML) Officer with less than 5 years of experience can expect to earn an average total compensation of $52,000 based on 256 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Bank Secrecy Act-Anti-Money Laundering (BSA/AML) Officer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $61,000 based on 124 salaries. An experienced Bank Secrecy Act-Anti-Money Laundering (BSA/AML) Officer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $72,000 based on 75 salaries. A Bank Secrecy Act-Anti-Money Laundering (BSA/AML) Officer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $71,000 based on 27 salaries.

Pay Difference by Location

49%

22%

4%

-4%

-8%

National Average: $57,299

Larger city markers indicate a job is popular in that location.

Bank Secrecy Act-Anti-Money Laundering (BSA/AML) Officer Reviews

Q: What is it like working as a Bank Secrecy Act-Anti-Money Laundering (BSA/AML) Officer?

Bank Secrecy Act-Anti-Money Laundering (BSA/AML) Officer in Cleveland:
"I perfer a small town atmosphere."
Pros: Close to home
Cons: The job market for Blacks in promotion is not great

Bank Secrecy Act-Anti-Money Laundering (BSA/AML) Officer in Newark:
"Good atmosphere..room for growth within AML."
Pros: Good atmosphere..room for growth within AML.
Cons: The job can be political at times...change within the compliance space can be extremely slow.

Bank Secrecy Act-Anti-Money Laundering (BSA/AML) Officer in Woodbridge:
"Very intenses, analytical,"
Pros: Interesting investigations, experience.
Cons: Very stressful, deadline oriented.

Related Job Salaries

Key Stats for Bank Secrecy Act-Anti-Money Laundering (BSA/AML) Officer

Gender

Female
63 %
Male
37 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 68 votes.
Less than 1 year
4%
1-4 years
45%
5-9 years
23%
10-19 years
19%
20 years or more
10%

Experience Affects Bank Secrecy Act-Anti-Money Laundering (BSA/AML) Officer Salaries

▲26%

▲23%

▲6%

National Average
$57,000

▼9%

Skills That Affect Bank Secrecy Act-Anti-Money Laundering (BSA/AML) Officer Salaries

Data Analysis
▲13%


National Average
$57,000



Research Analysis
▼9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 68 votes.

Gender

Female
63 %
Male
37 %

Years of Experience

Less than 1 year
4%
1-4 years
45%
5-9 years
23%
10-19 years
19%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 82%
vision benefits
Vision: 71%
no benefits
None: 12%