Compliance & Bank Secrecy Act Manager Salary in Washington, District of Columbia
Compliance & Bank Secrecy Act Manager Salary in Washington, DC
How much does a Compliance & Bank Secrecy Act Manager make in Washington, DC? The average Compliance & Bank Secrecy Act Manager salary in Washington, DC is $99,540 as of March 26, 2024, but the range typically falls between $82,620 and $122,140. 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 Compliance & Bank Secrecy Act Manager Salary | $67,215 | Washington,DC | March 26, 2024 |
| 25th Percentile Compliance & Bank Secrecy Act Manager Salary | $82,620 | Washington,DC | March 26, 2024 |
| 50th Percentile Compliance & Bank Secrecy Act Manager Salary | $99,540 | Washington,DC | March 26, 2024 |
| 75th Percentile Compliance & Bank Secrecy Act Manager Salary | $122,140 | Washington,DC | March 26, 2024 |
| 90th Percentile Compliance & Bank Secrecy Act Manager Salary | $142,716 | Washington,DC | March 26, 2024 |
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Job Description
The Compliance & Bank Secrecy Act Manager implements procedures to ensure compliance with regulations and advises internal departments on how to meet compliance requirements. Manages daily activities of the team responsible for identifying suspicious activity in violation of the Bank Secrecy Act (BSA), USA Patriot Act, and other Anti-Money Laundering (AML) regulations. Being a Compliance & Bank Secrecy Act Manager analyzes loss trends and suggests modifications to loss reduction strategy. Leads investigations of suspicious activity and pursues corrective actions, notifying authorities as necessary. In addition, Compliance & Bank Secrecy Act Manager stays informed on changes to all related banking regulations. Requires a bachelor's degree. Typically reports to a head of a unit/department. The Compliance & Bank Secrecy Act Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. Working as a Compliance & Bank Secrecy Act Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)
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Career Path for this job
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Down a level:
Anti-Money Laundering (AML) Analyst III
4 - 7 years experience
Bachelor's Degree -
This Job:
Compliance & Bank Secrecy Act Manager
3 - 5 years experience
Bachelor's Degree -
Up a level:
Banking Regulatory Senior Manager
Bachelor's Degree
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About Washington, District of Columbia
Similar Jobs
| 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 |
Level of Education
- Compliance & Bank Secrecy Act Manager Salaries with No Diploma
- Compliance & Bank Secrecy Act Manager Salaries with a High School Diploma or Technical Certificate
- Compliance & Bank Secrecy Act Manager Salaries with an Associate's Degree
- Compliance & Bank Secrecy Act Manager Salaries with a Bachelor's Degree
- Compliance & Bank Secrecy Act Manager Salaries with a Master's Degree or MBA
- Compliance & Bank Secrecy Act Manager Salaries with a JD, MD, PhD or Equivalent
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About Washington, District of Columbia Washington, D.C. is located in the mid-Atlantic region of the U.S. East Coast. Due to the District of Columbia retrocession, the city has a total area....More
Washington, District of Columbia area prices were up 1.3% from a year ago View the Cost of Living in Washington, District of Columbia
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