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#206322 - 07/07/04 01:30 AM
Re: Salary
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Junior Member
Joined: Mar 2004
Posts: 39
Alaska
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I'm in Anchorage. Across from Walmart. Do you come to the IIA meetings?
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#206323 - 07/07/04 01:38 PM
Re: Salary
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Anonymous
Unregistered
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Internal Auditor (staff of just me) 4 years banking - 3 years audit BA in Finance 270+ mil Illinois (5 branches) $32,500 3 weeks vacation
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#206324 - 07/07/04 01:41 PM
Re: Salary
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Anonymous
Unregistered
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Quote:
Internal Auditor (staff of just me) 4 years banking - 3 years audit BA in Finance 270+ mil Illinois (5 branches) $32,500 3 weeks vacation
also - 26 yr old female
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#206325 - 07/07/04 06:07 PM
Re: Salary
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Anonymous
Unregistered
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VP I/A Manager/Compliance (Rsk Mgmt Specialist) 20+ yrs banking - general knowledge of all areas and accounting, but operations/compliance specialist Two banks during my career All kinds of various trade assoc schools/seminars Various College courses - field and non-field related But basically - Masters from the "School of Hard Knocks" Total Holding Co Assets (2 Banks/w 10 branches) - $245M South - rural locations Salary - $50M annually + add'l perks 21 days vacation / 5 PTO Female - 39 Believe me - If I was Male 39 - salary would be at least $65 in this area!)
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#206326 - 07/07/04 06:29 PM
Re: Salary
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Anonymous
Unregistered
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Quote:
I'm dang glad I don't work for the Fairbanks bank that posted (At least I think it was Fairbanks) I can't imagine living on that salary in Fairbanks. And besides, Auditors should be paid a premium because everyone in the bank thinks they're out to get them. You should get extra bucks just because folks won't sit next to you at the company picnic
Well said! (Your Fairbanks assumption is correct)
I'd like to second that "BS in Management" comment.
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#206328 - 07/07/04 06:46 PM
Re: Salary
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Anonymous
Unregistered
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Internal Auditor - Upstate NY 9 Years in banking - 7 as I/A BA in accounting $250million in assets $40,000 w/ unguaranteed bonus
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#206329 - 07/07/04 09:08 PM
Re: Salary
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Anonymous
Unregistered
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LOL Bartman - Yeah - I've MORE than earned the MBA designation. To earn that illustrious degree you had to have ample experience in IT conversions, mergers, acquisitions, restructures, regulatory changes, Sr. Mgmt changes, many, many exams and audits (a few with training crews ), employee embezzlement, etc., But, my personal fav - converting to Power Proof and 6 bundles are out of line on the second pass so they get encoded with the wrong amount - error wasn't noticed - cash letter goes out! Let me see you balance and clear up that Due From Recon!!
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#206331 - 07/09/04 07:07 PM
Re: Salary
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Anonymous
Unregistered
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Compliance/CRA Officer Midwest Region Female/28 years old Associates Degree in Finance Been in banking 9 years: 8 lending, 1 Compliance Salary: $38K + possibly a bonus (last year $500) 3 wks vacation; 5 personal days; unlimited sick Just me & my assistant Asset size: $600 million (and yes, that's mine, not the banks - can't you tell by the salary??? )
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#206332 - 07/09/04 07:48 PM
Re: Salary
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Anonymous
Unregistered
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Compliance Officer 2 yrs. experience BA in English $90 mil in assets rural location 26 yr old female $35,000
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#206333 - 07/09/04 07:49 PM
Re: Salary
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Anonymous
Unregistered
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Quote:
Senior Risk/Compliance Officer BSBA Finance Major 14+ years experience $260 million community bank in the South $81,000 plus bonus (not gtd., but usually 1 month salary) 3 weeks vacation + 2 personal days & unlimited sick days
This is me too, except $82,500 plus bonus (usually 20 to 30%)
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#206334 - 07/09/04 09:01 PM
Re: Salary
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Anonymous
Unregistered
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AVP - Compliance and Audit (I am an Army of one.) $95MM Community Bank (non-rural) in the Gulf South $42,000 + Bonus (based on bank performance generally 2-4 weeks salary.) 10 days vacation + 5 personal days. 9 years in banking - 1 in current position - 2.5 as a state examiner. BS in Finance CCBIA Male - 32
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#206336 - 07/12/04 04:41 PM
Re: Salary
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Anonymous
Unregistered
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Location: SouthEast Title: AVP - Audit/Compliance Experience: 10 years in Banking (7 in Audit and Compliance) BSBA in Accounting MBA CPA CCBCO ABA National Compliance School 1 Year of LSU Grad Banking School $41,100 with $2,000 bonus Female
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#206337 - 07/12/04 06:43 PM
Re: Salary
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Anonymous
Unregistered
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Hey upstate NY, where in upstate are you? I am in Saratoga area..
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#206338 - 07/12/04 08:46 PM
Re: Salary
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Anonymous
Unregistered
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Well Said Paragon!
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#206339 - 07/12/04 08:52 PM
Re: Salary
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Anonymous
Unregistered
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Compliance & CRA Officer 20+ years banking 12 years compliance CRCM ABA Graduate Compliance School 50 Yr old - Female assets $135 Million - Been with this bank less than 1 year. Had been with previous bank 20+ years.
22 days annual PTO $46,500 salary located in rural TN
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#206340 - 07/13/04 02:01 PM
Re: Salary
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Anonymous
Unregistered
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8 years banking at same institution 2 years compliance 100 million in assests BS degree/Accounting Kentucky $28,000 two weeks vacation 4 sick days unlimited/unpayed personal days Benefits are pretty good I guess. 25yr male
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#206341 - 07/13/04 02:26 PM
Re: Salary
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Anonymous
Unregistered
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Compliance/Privacy Officer 10 yrs in compliance 16 in banking CRCM, GSB (halfway there) $1.5B asset size $76,000, plus bonuses based on exam ratings 28 days PTO Southern state
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#206342 - 07/14/04 08:15 PM
Re: Salary
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Anonymous
Unregistered
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Internal Auditor BS in Finance, CBA 5 yrs banking, 2.5 yrs in Audit $370M in assets, Oklahoma $15 and hour, plus bonus based on bank performance, usually 6%. 2 weeks of vacation, 6 sick days 24 female
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#206343 - 07/15/04 01:30 PM
Re: Salary
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Anonymous
Unregistered
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Compliance Officer/AVP BA degree, AAS degree 19 years in banking, 3 in compliance $120M assets Kentucky male, 38 Salary $31K + bonus 3 weeks vacation sick days accrue at 1/2 per month
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#206344 - 07/15/04 04:16 PM
Re: Salary
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Diamond Poster
Joined: Dec 2003
Posts: 2,164
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Quote:
Compliance Officer/AVP BA degree, AAS degree 19 years in banking, 3 in compliance $120M assets Kentucky male, 38 Salary $31K + bonus 3 weeks vacation sick days accrue at 1/2 per month
Quote:
Internal Auditor BS in Finance, CBA 5 yrs banking, 2.5 yrs in Audit $370M in assets, Oklahoma $15 and hour, plus bonus based on bank performance, usually 6%. 2 weeks of vacation, 6 sick days 24 female
These two posts show that this "survey" has no real value. They both make about the same, but one has 14 year more 'banking' esperience - but is also in a much smaller asset environment.
Salary - it's a 'whatever the market will bare" scenario in banking with special circumstances at the individual level always a factor, asset size, staff level, outsourced versus inhouse compliance tasks, etc. Besides, each institution looks at compliance and auditing in a different way and if a specific institution has a 'complex balance sheet' the compliance/audit people had better be paid sufficiently to respond to that level of risk.
As an aside, is $31K a livable wage for anyone in the banking field? Hopefully, you also get a clothing allowance or, perhaps, you only work three days a week.
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#206345 - 07/15/04 04:43 PM
Re: Salary
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Junior Member
Joined: Mar 2004
Posts: 39
Alaska
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As it turns out, I've accepted position at another financial institution here in Alaska and my current audit manager job is going to get posted soon. Watch the BOL career connect, IIA & ABA web sites. I told them they are good places to post.
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#206346 - 07/15/04 07:15 PM
Re: Salary
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Anonymous
Unregistered
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Quote:
Quote:
Quote:
Senior Risk/Compliance Officer BSBA Finance Major 14+ years experience $260 million community bank in the South $81,000 plus bonus (not gtd., but usually 1 month salary) 3 weeks vacation + 2 personal days & unlimited sick days
This is me too, except $82,500 plus bonus (usually 20 to 30%)
Your gender please?
Male, BS in Accounting from PSU
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