How much does a Compliance & Bank Secrecy Manager make in Maryland? The average Compliance & Bank Secrecy Manager salary in Maryland is $96,690 as of April 24, 2024, but the range typically falls between $81,980 and $114,630. 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 Compliance & Bank Secrecy Manager Salary | $68,587 | MD | April 24, 2024 |
25th Percentile Compliance & Bank Secrecy Manager Salary | $81,980 | MD | April 24, 2024 |
50th Percentile Compliance & Bank Secrecy Manager Salary | $96,690 | MD | April 24, 2024 |
75th Percentile Compliance & Bank Secrecy Manager Salary | $114,630 | MD | April 24, 2024 |
90th Percentile Compliance & Bank Secrecy Manager Salary | $130,963 | MD | April 24, 2024 |
The Compliance & Bank Secrecy Manager 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. Being a Compliance & Bank Secrecy Manager 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, Compliance & Bank Secrecy Manager 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 Compliance & Bank Secrecy Manager 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 Compliance & Bank Secrecy Manager 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 Dundalk, MD | Avg. Salary $96,400 | Date Updated April 24, 2024 |
Location Abell, MD | Avg. Salary $103,901 | Date Updated April 24, 2024 |
Location Aberdeen, MD | Avg. Salary $94,430 | Date Updated April 24, 2024 |
Location Aberdeen Proving Ground, MD | Avg. Salary $94,993 | Date Updated April 24, 2024 |
Location Abingdon, MD | Avg. Salary $94,524 | Date Updated April 24, 2024 |
Location Accident, MD | Avg. Salary $83,928 | Date Updated April 24, 2024 |
Location Accokeek, MD | Avg. Salary $104,183 | Date Updated April 24, 2024 |
Location Adamstown, MD | Avg. Salary $101,932 | Date Updated April 24, 2024 |
Location Allen, MD | Avg. Salary $99,682 | Date Updated April 24, 2024 |
Location Andrews Air Force Base, MD | Avg. Salary $104,370 | Date Updated April 24, 2024 |
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 Senior Officer | Experience | EducationBachelors | Salary Compared to This Job |
About Maryland Maryland (US: /ˈmɛrələnd/ (listen) MERR-əl-ənd) is a state in the Mid-Atlantic region of the United States, bordering Virginia, West Virginia, and the....More
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