Compliance Officer Salary at Diamond Bank BETA

How much does a Diamond Bank Compliance Officer make?

As of December 2024, the average annual salary for a Compliance Officer at Diamond Bank is $74,932, which translates to approximately $36 per hour. Salaries for Compliance Officer at Diamond Bank typically range from $62,797 to $92,129, 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.

Diamond Bank Overview

Website:
diamond.bank
Size:
100 - 200 Employees
Revenue:
$10M - $50M
Industry:
Financial Services

Diamond Bank is a family-owned, community bank that was established in 1904 and headquartered in Glenwood, Arkansas. The philosophy of Diamond Bank has been and continues to be, one of maintaining mutually beneficial relationships with our customers and communities. We strive to provide a stable source of financial leadership for the people, businesses and organizations in the communities we serve. All decisions are made on a local level, so your account needs can be handled quickly and efficiently. We have been serving our communities for a combined 115 years and have 16 convenient locations across Arkansas and Texas. Local People, Local Decisions, Local Commitment - This is the Diamond Bank difference.

See similar companies related to Diamond Bank

What Skills Does a person Need at Diamond Bank?

At Diamond Bank, 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.

  1. 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.
  2. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  3. Regulatory Compliance: Monitoring strict adherence of all organizational processes and procedures to applicable laws and regulations.
  4. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  5. AML: Anti-money laundering (AML) refers to laws and regulations intended to stop criminals from disguising illegally obtained funds as legitimate income.

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Check more jobs information at Diamond Bank

Job Title Average Diamond Bank Salary Hourly Rate
2 Loan Officer $52,514 $25
3 Loan Processor $37,136 $18
4 Manager, Loan Operations $134,232 $65
5 Manager, Marketing $95,589 $46
6 Manager, Platform $137,384 $66
7 Manager, Web $120,810 $58
8 Mechanical Engineer $90,957 $44
9 Personal Assistant $55,568 $27
10 Personal Banking Officer $49,112 $24
11 Relationship Banker $81,985 $39
12 Relationship Manager $75,615 $36
13 Retail Banking Specialist $34,723 $17

Hourly Pay at Diamond Bank

The average hourly pay at Diamond Bank for a Compliance Officer is $36 per hour. The location, department, and job description all have an impact on the typical compensation for Diamond Bank positions. The pay range and total remuneration for the job title are shown in the table below. Diamond Bank may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $74,932 look to you?

FAQ about Salary and Jobs at Diamond Bank

1. How much does Diamond Bank pay per hour?
The average hourly pay is $36. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Diamond Bank?
According to the data, the highest approximate salary is about $92,129 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Diamond Bank?
According to the data, the lowest estimated salary is about $62,797 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
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.