How much does a BSA Officer make in Michigan? The average BSA Officer salary in Michigan is $88,283 as of March 26, 2024, but the range typically falls between $73,283 and $108,333. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Percentile | Salary | Location | Last Updated |
10th Percentile BSA Officer Salary | $59,626 | MI | March 26, 2024 |
25th Percentile BSA Officer Salary | $73,283 | MI | March 26, 2024 |
50th Percentile BSA Officer Salary | $88,283 | MI | March 26, 2024 |
75th Percentile BSA Officer Salary | $108,333 | MI | March 26, 2024 |
90th Percentile BSA Officer Salary | $126,587 | MI | March 26, 2024 |
Bryant Bank - Birmingham, AL
CNB Bank - Carlsbad, NM
Central State Bank - Cedar Rapids, IA
Bank Secrecy Act (BSA) Analyst (44998)
Palmer Group - Clive, IA
The BSA Officer uses oversight systems, interdiction software, and audit processes to perform daily transaction monitoring and identify suspicious activity patterns. Supervises daily operations to identify and respond to suspicious activity violating current anti-money laundering (AML) regulations as defined in the US Bank Secrecy Act (BSA) or other governmental anti-terrorist financing programs. Being a BSA 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, BSA 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. Typically requires a bachelor's degree. May have the Certified Anti Money Laundering Specialist (CAMS) certification. Typically reports to a director. The BSA Officer supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. Working as a BSA Officer typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. (Copyright 2024 Salary.com)
4 - 7 years experience
Bachelor's Degree
3 - 5 years experience
Bachelor's Degree
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
Location | Avg. Salary | Date Updated |
---|---|---|
Location Taylor, MI | Avg. Salary $89,966 | Date Updated March 26, 2024 |
Location Acme, MI | Avg. Salary $84,153 | Date Updated March 26, 2024 |
Location Ada, MI | Avg. Salary $86,746 | Date Updated March 26, 2024 |
Location Addison, MI | Avg. Salary $89,876 | Date Updated March 26, 2024 |
Location Adrian, MI | Avg. Salary $88,535 | Date Updated March 26, 2024 |
Location Afton, MI | Avg. Salary $83,080 | Date Updated March 26, 2024 |
Location Ahmeek, MI | Avg. Salary $85,047 | Date Updated March 26, 2024 |
Location Akron, MI | Avg. Salary $83,169 | Date Updated March 26, 2024 |
Location Alanson, MI | Avg. Salary $83,080 | Date Updated March 26, 2024 |
Location Alba, MI | Avg. Salary $83,080 | Date Updated March 26, 2024 |
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Bank Secrecy Act Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Bank Secrecy Act Analyst II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Bank Secrecy Act Analyst III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Bank Secrecy Act Director | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Bank Secrecy Act Senior Officer | Experience | EducationBachelors | Salary Compared to This Job |
About Michigan Michigan consists of two peninsulas that lie between 82°30' to about 90°30' west longitude, and are separated by the Straits of Mackinac. The 45th par....More
Recently searched related titles: Anti Money Laundering Compliance Officer
Recently searched related titles: Oracle PLSQL Developer, Bsa Manager
Jobs with a similar salary range to BSA Officer : 2l Summer Associate, Aml Manager