FAQ about Bank Secrecy Act Analyst I
1. What do you need to be a BSA analyst?
To become a BSA Analyst, you need a Bachelor's Degree in Business, Accounting, Finance, or a related field, or an equivalent combination of education and experience in a BSA/AML-related role within a financial institution. A minimum of 2 years' experience in a BSA/AML-related role is required. The salary for this position ranges from $49,915 to $68,328, with a midpoint of $59,036.
2. How much does a BSA analyst make in Green Dot AML?
The salary range for a Bank Secrecy Act Analyst is approximately $49,915 to $68,328 per year, with a midpoint of $59,036. Final compensation may vary based on qualifications, experience, and location. Green Dot values diversity and is committed to providing equal opportunities for all applicants and employees.
3. How do I become a Bank Secrecy Act officer?
To become a Bank Secrecy Act Analyst, you don't need specific academic qualifications, but a strong understanding of the Bank Secrecy Act, Anti-Money Laundering (AML) regulations, and the Patriot Act is essential. Salaries for this role typically range from $49,915 to $68,328, with a median salary of $59,036.
4. Does AML pay well?
The salary for a Bank Secrecy Act Analyst varies, with a minimum of $49,915, a mid-range of $59,036, and a maximum of $68,328. This indicates that positions in this field can offer competitive compensation, making it a viable career option for those interested in anti-money laundering roles.
5. Is security analyst a stressful job?
The role of a Bank Secrecy Act Analyst can be quite stressful due to the significant responsibilities involved. With a salary range from $49,915 to $68,328, these professionals must stay vigilant against evolving threats, which can lead to high job pressure and demanding hours. The constant risk of cybercrime adds to the intensity of the job.
6. What is the highest salary of a security analyst?
The salary for a Bank Secrecy Act Analyst ranges from $49,915 to $68,328 per year, with a median salary of $59,036. This reflects the varying levels of experience and expertise within the role.