Compliance Manager (Banking) Salary in New Jersey

How much does a Compliance Manager (Banking) make in New Jersey? The average Compliance Manager (Banking) salary in New Jersey is $85,557 as of October 30, 2019, but the range typically falls between $70,455 and $110,141. 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.

Salary range for a Compliance Manager (Banking)
$70,455 to $110,141
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Job Description

Compliance Manager (Banking) 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. Implements procedures to ensure compliance with regulations and advises internal departments on how to meet compliance requirements. Being a Compliance Manager (Banking) leads investigations of suspicious activity and pursues corrective actions, notifying authorities as necessary. Analyzes loss trends and suggests modifications to loss reduction strategy. Additionally, Compliance Manager (Banking) 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 Manager (Banking) 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. To be a Compliance Manager (Banking) typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2019 Salary.com)

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Location Avg. Salary Date Updated
Location Bayonne, NJ Avg. Salary $88,374 Date Updated October 30, 2019
Location Bergenfield, NJ Avg. Salary $89,148 Date Updated October 30, 2019
Location Bloomfield, NJ Avg. Salary $89,225 Date Updated October 30, 2019
Location East Brunswick, NJ Avg. Salary $89,659 Date Updated October 30, 2019
Location Hoboken, NJ Avg. Salary $93,636 Date Updated October 30, 2019
Location Irvington, NJ Avg. Salary $88,374 Date Updated October 30, 2019
Location Lakewood, NJ Avg. Salary $88,140 Date Updated October 30, 2019
Location Middlesex, NJ Avg. Salary $86,827 Date Updated October 30, 2019
Location Passaic, NJ Avg. Salary $89,225 Date Updated October 30, 2019
Location Union, NJ Avg. Salary $88,374 Date Updated October 30, 2019
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