How much does a Bank Secrecy Act Officer make? The average Bank Secrecy Act Officer salary is $68,807 as of October 28, 2020, but the salary range typically falls between $51,814 and $86,692. 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.
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What does a Bank Secrecy Act Officer do?
Bank Secrecy Act Officer
Monitor and track BSA-AML high-risk customers and accounts.
January 05, 2020
Examines establishment policies, procedures, and practices to ensure compliance with laws and regulations.
March 02, 2020
Manages the CTR process.
April 07, 2020
Consults with and advises operating units and managers affected by compliance issues and regulatory requirements.
April 24, 2020
Lead the Bank's deposit operations compliance.
May 07, 2020
Prepares quarterly reports for board meetings on BSA/AML compliance topics ie.
May 31, 2020
Updates all policies and procedures, federal and state laws applicable to the job through self-study and formalized training Oversight/Management of all BSA record-keeping requirements Management of bank"s CTR, SAR, MIL, 314a, and OFAC requirements Management of Bank"s Risk Rating system & BSA automation system(s) Reviews all reports produced by BSA and Core systems to detect any BSA/AML record-keeping requirements, violations or suspicious activity.
June 03, 2020
Bank Secrecy Act Officer Salary in Major Cities
This chart shows the salary comparison for Bank Secrecy Act Officer between major cities. San Francisco City consistently ranks #1 as of October 28, 2020. Click on the chart to see the detail salary data for Bank Secrecy Act Officer in each city.
Bank Secrecy Act Officer Salary by State
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Bank Secrecy Act Officer Salary by City
Click to see the salary for Bank Secrecy Act Officer in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $86,009 |
| Washington, DC | $76,596 |
| Miami, FL | $66,984 |
| Chicago, IL | $72,997 |
| Boston, MA | $77,525 |
| New York, NY | $82,775 |
| Dallas, TX | $68,360 |
If you'd like know Bank Secrecy Act Officer Salary in other cities, then please select a city in
Average Salary Range for Bank Secrecy Act Officer
Average Base Salary
Core compensation
51814
86692
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Bank Secrecy Act Officer in 2020?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Bank Secrecy Act Officer in the United States. The base salary for Bank Secrecy Act Officer ranges from $51,814 to $86,692 with the average base salary of $68,807. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $85,480 to $228,212 with the average total cash compensation of $140,236.
View Average Salary for Bank Secrecy Act Officer as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $68,807 | $51,814 - $86,692 |
| Bonus | $71,429 | $33,666 - $141,520 |
| Total Pay | $140,236 | $85,480 - $228,212 |
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Estimate Salary for Bank Secrecy Act Officer online for free
Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Bank Secrecy Act Officer, to get a real-time salary target. If you want to get more detailed salary information, please view Professional Salary Report
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Comments about Bank Secrecy Act Officer
What's the difference between Compliance & Bank Secrecy Act Analyst and Bank Secrecy Act Officer?
According to our latest salary estimation on October 28, 2020. The average salary of Bank Secrecy Act Officer is $68,807, and the average salary of Compliance & Bank Secrecy Act Analyst is $47,250. The average salary of Compliance & Bank Secrecy Act Analyst is lower than Bank Secrecy Act Officer. ( 2020-10-28 salary.com )
I am a Bank Secrecy Act Officer, which location’s salary is higher, Barnstable, MA or New Britain, CT?
New Britain, CT typically sees higher pay than Barnstable, MA for Bank Secrecy Act Officer. a Bank Secrecy Act Officer Salary in New Britain, CT is $74,312 as of October 28, 2020; a Bank Secrecy Act Officer Salary in Barnstable, MA is $72,558 as of October 28, 2020. ( 2020-10-28 salary.com )
Bank Secrecy Act Officer Frequently Asked Questions
Why does the salary of a Bank Secrecy Act Officer vary from city to city?
The cost of living is tied to salaries. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. This is why you're always going to make more money in New York City for example, than in a small town. ( 2020-10-28 salary.com )
What are the Pay Factors for Bank Secrecy Act Officer?
Salary ranges for a Bank Secrecy Act Officer can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience. Click here to view Eight Factors That Can Affect Your Pay ( 2020-10-28 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company, but there are several important pay factors that come into play based on your individual history that could impact your value to the company. Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2020-10-28 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
Last Update: October 28, 2020