How much does a Bank Secrecy Act Senior Officer make in Derby, VT? The average Bank Secrecy Act Senior Officer salary in Derby, VT is $123,780 as of April 24, 2024, but the range typically falls between $105,880 and $143,580. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Salary | Location | Last Updated |
10th Percentile Bank Secrecy Act Senior Officer Salary | $89,583 | Derby,VT | April 24, 2024 |
25th Percentile Bank Secrecy Act Senior Officer Salary | $105,880 | Derby,VT | April 24, 2024 |
50th Percentile Bank Secrecy Act Senior Officer Salary | $123,780 | Derby,VT | April 24, 2024 |
75th Percentile Bank Secrecy Act Senior Officer Salary | $143,580 | Derby,VT | April 24, 2024 |
90th Percentile Bank Secrecy Act Senior Officer Salary | $161,607 | Derby,VT | April 24, 2024 |
The Bank Secrecy Act Senior Officer implements oversight systems, interdiction software, and audit processes to perform daily transaction monitoring and identify suspicious activity patterns. Manages operations to identify and respond to suspicious activity violating current anti-money laundering (AML) regulations. Being a Bank Secrecy Act Senior Officer leads investigations of suspicious activity to pursue corrective actions and ensure completion of required filings. Monitors activity and ensures adherence to Know Your Customer (KYC) protocols and regulatory requirements for required filings and reporting. In addition, Bank Secrecy Act Senior Officer maintains extensive knowledge of financial regulations, risk management best practices, and changing fraudulent trends to develop and implement appropriate compliance procedures. Delivers compliance training with up-to-date regulatory information and procedures to develop and guide well-informed staff. Understands banking regulations such as the US Bank Secrecy Act (BSA) or other governmental anti-money laundering laws. Typically requires a bachelor's degree. Typically reports to a director. The Bank Secrecy Act Senior Officer typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Working as a Bank Secrecy Act Senior Officer typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)
3 - 5 years experience
Bachelor's Degree
Bachelor's Degree
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Bank Secrecy Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Bank Secrecy Analyst II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Bank Secrecy Analyst III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Bank Secrecy Director | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Bank Secrecy Officer | Experience 3 - 5 | EducationBachelors | Salary Compared to This Job |
Take just three simple steps below to generate your own personalized salary report
Core compensation
Includes base and annual incentives
About Derby, Vermont Derby is a town in Orleans County, Vermont, United States. The population was 4,604 at the 2000 census. The town contains four unincorporated villages....More
Derby, Vermont area prices were up 1.6% from a year ago View the Cost of Living in Derby, Vermont
Bank Secrecy Act Senior Officer Salary in popular cities: Burlington, South Burlington, Colchester
Recently searched related titles: Lead Database Developer, Bank Controller