How much does a Bank Secrecy Act Director make in Vermont? The average Bank Secrecy Act Director salary in Vermont is $145,486 as of March 26, 2024, but the range typically falls between $122,981 and $185,152. 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 Bank Secrecy Act Director Salary | $102,491 | VT | March 26, 2024 |
25th Percentile Bank Secrecy Act Director Salary | $122,981 | VT | March 26, 2024 |
50th Percentile Bank Secrecy Act Director Salary | $145,486 | VT | March 26, 2024 |
75th Percentile Bank Secrecy Act Director Salary | $185,152 | VT | March 26, 2024 |
90th Percentile Bank Secrecy Act Director Salary | $221,266 | VT | March 26, 2024 |
Bank Secrecy Act Director directs the overall organizational strategy, policies, and procedures used to comply with current anti-money laundering (AML) regulations as defined in the US Bank Secrecy Act (BSA) or other governmental anti-terrorist financing programs. Implements oversight systems, interdiction software, and audit processes to perform daily transaction monitoring and identify suspicious activity patterns. Being a Bank Secrecy Act Director ensures adherence to Know your Customer (KYC) protocols and regulatory requirements for required filings and reporting. Possesses extensive knowledge of the latest financial regulations and best practices for risk management. Additionally, Bank Secrecy Act Director oversees investigations of suspicious activity and develops corrective actions and analysis of losses. Designs compliance training with up-to-date regulatory information and procedures to develop well-informed staff. Requires a bachelor's degree. May have the Certified Anti Money Laundering Specialist (CAMS) certification. Typically reports to senior management. The Bank Secrecy Act Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Bank Secrecy Act Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location Barre, VT | Avg. Salary $146,524 | Date Updated March 26, 2024 |
Location Bennington, VT | Avg. Salary $150,232 | Date Updated March 26, 2024 |
Location Essex, VT | Avg. Salary $147,859 | Date Updated March 26, 2024 |
Location Williston, VT | Avg. Salary $147,859 | Date Updated March 26, 2024 |
Location Adamant, VT | Avg. Salary $146,524 | Date Updated March 26, 2024 |
Location Albany, VT | Avg. Salary $146,524 | Date Updated March 26, 2024 |
Location Alburgh, VT | Avg. Salary $146,524 | Date Updated March 26, 2024 |
Location Arlington, VT | Avg. Salary $149,935 | Date Updated March 26, 2024 |
Location Ascutney, VT | Avg. Salary $152,011 | Date Updated March 26, 2024 |
Location Averill, VT | Avg. Salary $146,524 | Date Updated March 26, 2024 |
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
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Job Title Auditing Director | Experience | EducationBachelors | 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 Officer | Experience 3 - 5 | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Bank Secrecy Act Director salary of your education level.
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About Vermont Vermont is located in the New England region of the Northeastern United States and comprises 9,614 square miles (24,900 km2), making it the 45th-large....More
Skills associated with Bank Secrecy Act Director: Governance, Risk & Compliance Software, Know Your Customer Administration, Suspicious Activity Monitoring, Regulatory Reporting ...More