Compliance Associate Salary at Equity Bank BETA

How much does an Equity Bank Compliance Associate make?

As of December 2024, the average annual salary for a Compliance Associate at Equity Bank is $90,860, which translates to approximately $44 per hour. Salaries for Compliance Associate at Equity Bank typically range from $81,040 to $100,060, 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.

Equity Bank Overview

Website:
equitybank.com
Size:
500 - 1,000 Employees
Revenue:
$50M - $200M
Industry:
Financial Services

Equity Bank offers banking services including checking, savings, home loans, investing, online banking, business financing, and commercial loans. The company was founded in 1984 and is headquartered in Wichita, Kansas.

See similar companies related to Equity Bank

What Skills Does a person Need at Equity Bank?

At Equity 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. Regulatory Compliance: Monitoring strict adherence of all organizational processes and procedures to applicable laws and regulations.
  3. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  4. Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
  5. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

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Check more jobs information at Equity Bank

Job Title Average Equity Bank Salary Hourly Rate
2 Vice President, Commercial Lending $259,549 $125
3 Vice President, Finance $257,150 $124
4 Wealth Management Specialist $82,305 $40
5 Web Developer $86,775 $42
6 Relationship Banker $96,480 $46
7 Sales & Marketing Specialist $73,647 $35
8 Sales And Marketing Intern $59,079 $28
9 Sales Manager $125,682 $60
10 Sales Marketing Assistant $49,620 $24
11 Security Officer $45,186 $22
12 Senior Communications Officer $89,143 $43
13 Senior HR Officer $72,350 $35

Hourly Pay at Equity Bank

The average hourly pay at Equity Bank for a Compliance Associate is $44 per hour. The location, department, and job description all have an impact on the typical compensation for Equity Bank positions. The pay range and total remuneration for the job title are shown in the table below. Equity Bank may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $90,860 look to you?

FAQ about Salary and Jobs at Equity Bank

1. How much does Equity Bank pay per hour?
The average hourly pay is $44. 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 Equity Bank?
According to the data, the highest approximate salary is about $100,060 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 Equity Bank?
According to the data, the lowest estimated salary is about $81,040 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.