Compliance Officer Salary at Banknorth BETA
How much does a Banknorth Compliance Officer make?
As of April 2025, the average annual salary for a Compliance Officer at Banknorth is $73,212, which translates to approximately $35 per hour. Salaries for Compliance Officer at Banknorth typically range from $61,376 to $89,963, reflecting the diverse roles within the company.
It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
See similar companies related to Banknorth
What Skills Does a person Need at Banknorth?
At Banknorth, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
- Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.
- Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
- Regulatory Compliance: Monitoring strict adherence of all organizational processes and procedures to applicable laws and regulations.
- Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
- AML: Anti-money laundering (AML) refers to laws and regulations intended to stop criminals from disguising illegally obtained funds as legitimate income.
Related Jobs
Check more jobs information at Banknorth
| Job Title | Average Banknorth Salary | Hourly Rate | |
|---|---|---|---|
| 2 | Chief Executive Officer | $663,739 | $319 |
| 3 | Controller | $198,669 | $96 |
| 4 | Loan Administrator | $33,147 | $16 |
| 5 | Loan Officer Trainee | $38,525 | $19 |
| 6 | Operations Specialist II | $41,997 | $20 |
| 7 | Human Resource Generalist | $50,207 | $24 |
| 8 | Information System Specialist | $76,602 | $37 |
| 9 | Internal Auditor | $61,548 | $30 |
| 10 | Security Representative | $51,904 | $25 |
| 11 | Senior Vice President | $169,864 | $82 |
| 12 | Business Analyst | $81,365 | $39 |
| 13 | Customer Service Representative | $30,209 | $15 |
Hourly Pay at Banknorth
FAQ about Salary and Jobs at Banknorth
The average hourly pay is $35. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
According to the data, the highest approximate salary is about $89,963 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
According to the data, the lowest estimated salary is about $61,376 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.