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#1590972 - 08/11/11 08:34 PM Is this fair?
Sean, CAMS Offline
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Joined: Aug 2011
Posts: 7
NY
My current title is AVP and I have been in Compliance for over 6 years now. Normally, I don't like to disclose my salary but I am doing so to get a second opinion.

Title: AVP
Years in field: 6+
Certification: CAMS and currently pursuing the CRCM
Location: New York Metro
Salary: $56K
Benefit: Premium is 100% employer sponsored. I only pay the
$10 co-pay on each visit.

Is what I'm making considered fair as a total compensation and benefit package?

Please advise.

Last edited by Adonis522; 08/11/11 08:36 PM.
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#1590984 - 08/11/11 08:41 PM Re: Is this fair? Sean, CAMS
osucpa Offline
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Posts: 1,400
Please explain compliance. Are you the compliance officer, auditor or other. I am sorry AVP does not mean anything to me. Banks tend to name AVP, VP and SVP all the time.

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#1590992 - 08/11/11 08:46 PM Re: Is this fair? osucpa
Sean, CAMS Offline
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Joined: Aug 2011
Posts: 7
NY
My position title is Assistant Compliance Officer. I am the middle manager in our bank's compliance department, which is governed by a Senior Compliance Officer.
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#1590999 - 08/11/11 08:50 PM Re: Is this fair? Sean, CAMS
osucpa Offline
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I would recommend you call a head hunter and find out where you stand. You could always call Robert Half.

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#1591066 - 08/11/11 10:34 PM Re: Is this fair? osucpa
califgirl Offline
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The O.C., California
There are far too many variables for any of us to be able to say if it is fair or not. Bank size, bank condition, product lines, overall pay scale of the institution, etc. Also benefits, working conditions, co-workers, commute time, and other personal factors.

The only one whose opinion matters, really, is you. If you think it's not fair, it may be time to move on.
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#1591082 - 08/12/11 01:41 AM Re: Is this fair? califgirl
Kathleen O. Blanchard Offline

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Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,277
That insurance benefit is worth a lot. Don't lose sight of that when comparing.
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#1591118 - 08/12/11 01:09 PM Re: Is this fair? Kathleen O. Blanchard
ACBbank Offline
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ACBbank
Joined: Jul 2006
Posts: 4,176
New York City
Originally Posted By: Kathleen B
That insurance benefit is worth a lot. Don't lose sight of that when comparing.


Yup. I'm in the NY metro areas as well and I don't know any banks that cover 100%. You're salary sounds a little bit low for your position though.
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#1591139 - 08/12/11 01:36 PM Re: Is this fair? ACBbank
J2C Offline
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Big Brother knows and that's a...
I think your base salary is low for your area and certifications.
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#1591959 - 08/15/11 04:51 PM Re: Is this fair? J2C
Pale Rider Offline
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under the Lone Star
That is tough when the subway clerks and garbage men make more.
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#1592933 - 08/17/11 04:07 PM Re: Is this fair? Pale Rider
Andy_Z Offline
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Everyone gets a different deal. If you're not happy, say so - ask for more, or find more.

I don't see many banks giving pay raises and promotions just because you've been there X years. It depends on needs, performance, other skills, and more.
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