FAQ about Banking Regulatory Compliance Analyst II
1. Do you need a degree to be a compliance analyst?
To become a compliance analyst, a bachelor's degree is typically required. The salary for a Banking Regulatory Compliance Analyst ranges from $65,400 to $84,400, with a median salary of $74,400. This educational background is essential for understanding regulations and ensuring compliance within the banking sector.
2. What does an analyst II do?
An Analyst II in Banking Regulatory Compliance collects, analyzes, and interprets data to generate statistical and analytical reports. They maintain computerized tracking of relevant data and utilize statistical software for research analysis. The salary for this position ranges from $65,400 to $84,400, with a midpoint of $74,400.
3. What are the highest paying compliance jobs?
High-paying compliance jobs include roles such as Compliance Examiner, with salaries ranging from $73,000 to $123,500, and Compliance Review Specialist, earning between $67,500 and $112,000. A Banking Regulatory Compliance Analyst typically earns between $65,400 and $84,400, with a mid-salary of $74,400. Other roles include Senior Compliance Analyst and IT Compliance Analyst.
4. Is Analyst II higher than analyst?
The Banking Regulatory Compliance Analyst II typically handles more complex and impactful tasks compared to the Analyst I. This distinction is reflected in the salary range, with the Analyst II earning between $65,400 and $84,400, while the Analyst I generally earns less due to the simpler nature of their responsibilities.
5. What is the salary of Analyst II in Bank of America?
The estimated total pay range for a Banking Regulatory Compliance Analyst at Bank of America is $65,400–$84,400 per year, which includes base salary and additional compensation.
6. What is the salary of compliance specialist in Wells Fargo?
The estimated total pay range for a Banking Regulatory Compliance Analyst at Wells Fargo is $65,400–$84,400 per year, which includes base salary and additional pay. The average base salary for this role is approximately $74,400 per year.