Bank Secrecy Act Manager Salary in Fort Worth, TX

Bank Secrecy Act Analyst I - Average Salary $57,047

The Bank Secrecy Act Analyst I uses customer data mining and software tools to identify suspicious activity patterns. Monitors customer accounts and researches transactions to identify suspicious activity violating current anti-money laundering (AML) regulations. Being a Bank Secrecy Act Analyst I ensures adherence to Know Your Customer (KYC) protocols. Reviews daily Currency Transaction Reports (CTR) and Questionable Activity Reports (QAR), and submits Suspicious Activity Reports (SAR) as appropriate. In addition, Bank Secrecy Act Analyst I may lead or participate in investigations of suspicious activity to pursue corrective actions and ensure completion of required filings. Keeps abreast with regulatory changes, risk management best practices, and trending methods used by fraud perpetrators. Delivers compliance training with up-to-date regulatory information and procedures to develop and guide a 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 manager. Being a Bank Secrecy Act Analyst I work is closely managed. Works on projects/matters of limited complexity in a support role. Working as a Bank Secrecy Act Analyst I typically requires 0-2 years of related experience.

Bank Secrecy Act Analyst II - Average Salary $70,006

The Bank Secrecy Act Analyst II uses customer data mining and software tools to identify suspicious activity patterns. Monitors customer accounts and researches transactions to identify suspicious activity violating current anti-money laundering (AML) regulations. Being a Bank Secrecy Act Analyst II ensures adherence to Know Your Customer (KYC) protocols. Reviews daily Currency Transaction Reports (CTR) and Questionable Activity Reports (QAR), and submits Suspicious Activity Reports (SAR) as appropriate. In addition, Bank Secrecy Act Analyst II may lead or participate in investigations of suspicious activity to pursue corrective actions and ensure completion of required filings. Keeps abreast with regulatory changes, risk management best practices, and trending methods used by fraud perpetrators. Delivers compliance training with up-to-date regulatory information and procedures to develop and guide a 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 manager. Being a Bank Secrecy Act Analyst II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Working as a Bank Secrecy Act Analyst II typically requires 2-4 years of related experience.

Bank Secrecy Act Analyst III - Average Salary $87,746

The Bank Secrecy Act Analyst III uses customer data mining and software tools to identify suspicious activity patterns. Monitors customer accounts and researches transactions to identify suspicious activity violating current anti-money laundering (AML) regulations. Being a Bank Secrecy Act Analyst III ensures adherence to Know Your Customer (KYC) protocols. Reviews daily Currency Transaction Reports (CTR) and Questionable Activity Reports (QAR), and submits Suspicious Activity Reports (SAR) as appropriate. In addition, Bank Secrecy Act Analyst III may lead or participate in investigations of suspicious activity to pursue corrective actions and ensure completion of required filings. Keeps abreast with regulatory changes, risk management best practices, and trending methods used by fraud perpetrators. Delivers compliance training with up-to-date regulatory information and procedures to develop and guide a 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 manager. Being a Bank Secrecy Act Analyst III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Working as a Bank Secrecy Act Analyst III typically requires 4-7 years of related experience.

Bank Secrecy Act Director - Average Salary $150,745

The Bank Secrecy Act Director implements oversight systems, interdiction software, and audit processes to perform daily transaction monitoring and identify suspicious activity patterns. Directs the overall organizational strategy, policies, and procedures used to comply with current anti-money laundering (AML) regulations and other governmental anti-terrorist financing programs. Being a Bank Secrecy Act Director possesses extensive knowledge of the latest financial regulations and best practices for risk management. Ensures adherence to Know Your Customer (KYC) protocols and regulatory requirements for required filings and reporting. In addition, 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. Understands banking regulations such as the US Bank Secrecy Act (BSA) or other governmental anti-money laundering laws. Requires a bachelor's degree. 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. Working as 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.

Bank Secrecy Act Officer - Average Salary $86,970

The Bank Secrecy Act Officer 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 Bank Secrecy Act Officer 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, Bank Secrecy Act 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. 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 Bank Secrecy Act Officer 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 Bank Secrecy Act Officer typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes.