How much does a Bank Secrecy Act Senior Officer make in Miami, FL? The average Bank Secrecy Act Senior Officer salary in Miami, FL is $121,045 as of February 26, 2024, but the range typically falls between $103,537 and $140,394. 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. 

Bank Secrecy Act Senior Officer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Bank Secrecy Act Senior Officer Salary $87,596 Miami,FL February 26, 2024
25th Percentile Bank Secrecy Act Senior Officer Salary $103,537 Miami,FL February 26, 2024
50th Percentile Bank Secrecy Act Senior Officer Salary $121,045 Miami,FL February 26, 2024
75th Percentile Bank Secrecy Act Senior Officer Salary $140,394 Miami,FL February 26, 2024
90th Percentile Bank Secrecy Act Senior Officer Salary $158,011 Miami,FL February 26, 2024
25% $103,537 10% $87,596 90% $158,011 75% $140,394 $121,045 50%(Median) Didn’t find job title? Click
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What skills does a Bank Secrecy Act Senior Officer need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

2.

Compliance Monitoring: Ensuring that the staff is following all policies and procedures in our business.

3.

HIPAA: The Health Insurance Portability and Accountability Act of 1996 is a federal law that required the creation of national standards to protect sensitive patient health information from being disclosed without the patient's consent or knowledge.

Leadership 10.06%
Compliance Monitoring 2.54%
HIPAA 1.39%
Others 86.01%

Job Description for Bank Secrecy Act Senior Officer

Bank Secrecy Act Senior Officer manages 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. Implements oversight systems, interdiction software, and audit processes to perform daily transaction monitoring and identify suspicious activity patterns. Being a Bank Secrecy Act Senior Officer monitors activity and ensures adherence to Know your Customer (KYC) protocols and regulatory requirements for required filings and reporting. Leads investigations of suspicious activity to pursue corrective actions and ensure completion of required filings. Additionally, Bank Secrecy Act Senior 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 Bank Secrecy Act Senior Officer typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Bank Secrecy Act Senior Officer typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Bank Secrecy Act Senior Officer in Miami, FL

Career Path for Bank Secrecy Act Senior Officer

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Bank Secrecy Act Senior Officer, the first career path typically progresses to Bank Secrecy Act Director.

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
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Fiscal Year Ended in 2022
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Bank Secrecy Act Senior Officer salary varies from city to city. Compared with national average salary of Bank Secrecy Act Senior Officer, the highest Bank Secrecy Act Senior Officer salary is in San Francisco, CA, where the Bank Secrecy Act Senior Officer salary is 25.0% above. The lowest Bank Secrecy Act Senior Officer salary is in Miami, FL, where the Bank Secrecy Act Senior Officer salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Bank Secrecy Act Senior Officer, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
103537
140394
121045

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
110741
158891
134706
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Bank Secrecy Act Senior Officer in Miami, FL. The base salary for Bank Secrecy Act Senior Officer ranges from $103,537 to $140,394 with the average base salary of $121,045. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $110,741 to $158,891 with the average total cash compensation of $134,706.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

103537
140394

 

Step 3 of 3

How much should you be paid?

About Miami, Florida    Miami, officially the City of Miami, is the cultural, economic and financial center of South Florida. Miami is the seat of Miami-Dade County, the most....More

Miami, Florida  area prices were up 2.9% from a year ago    View the Cost of Living in Miami, Florida

Bank Secrecy Act Senior Officer Salary in popular cities: JacksonvilleTampaSaint Petersburg

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