AML Manager Salary at First Bancorp BETA
How much does a First Bancorp AML Manager make?
As of March 2025, the average annual salary for an AML Manager at First Bancorp is $96,842, which translates to approximately $47 per hour. Salaries for AML Manager at First Bancorp typically range from $80,975 to $116,864, 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.
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What Skills Does a person Need at First Bancorp?
At First Bancorp, 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.
- Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
- Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
- Regulatory Compliance: Monitoring strict adherence of all organizational processes and procedures to applicable laws and regulations.
- 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.
Related Jobs
Check more jobs information at First Bancorp
| Job Title | Average First Bancorp Salary | Hourly Rate | |
|---|---|---|---|
| 2 | Administrative Officer | $49,804 | $24 |
| 3 | Business Analyst | $112,163 | $54 |
| 4 | Compliance Officer | $100,924 | $49 |
| 5 | Executive Vice President | $348,166 | $167 |
| 6 | Manager, Financial Risk | $147,590 | $71 |
| 7 | Manager, Risk | $139,247 | $67 |
| 8 | Senior Vice President | $234,161 | $113 |
| 9 | Manager | $121,288 | $58 |
| 10 | Sales & Service Representative | $110,653 | $53 |
| 11 | Sales& Services Representative | $67,617 | $33 |
| 12 | Accounting Officer | $262,400 | $126 |
| 13 | Branch Assistant Manager | $58,461 | $28 |
Hourly Pay at First Bancorp
FAQ about Salary and Jobs at First Bancorp
The average hourly pay is $47. 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 $116,864 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 $80,975 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.