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#206347 - 07/15/04 08:42 PM Re: Salary
Anonymous
Unregistered

29 Female
BS in History (and I'm in banking?!?!)
approx. 4 yrs banking (accounting, loans)
1 yr audit/compliance department
staff position
$25,750
1 week vacation, 10 sick days, no personal
great benefits
Rural South Central US
Asset size approx. 250 million
Females in this area are greatly underpaid than their male counterparts. A few months after I joined this department a male was hired with a starting salary above mine. I have more experience in banking and have an age advantage. At least you would think! The South is a wonderful place to live but don't count on getting an equivalent assessment. I was not raised with that mentality so its hard to adjust. Oh, I grew up in the South!

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Audit
#206348 - 07/15/04 09:17 PM Re: Salary
Jokerman Offline
10K Club
Joined: Nov 2003
Posts: 12,846
Quote:

A few months after I joined this department a male was hired with a starting salary above mine. I have more experience in banking and have an age advantage.




What is an "age advantage"?

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#206349 - 07/15/04 09:34 PM Re: Salary
Anonymous
Unregistered

SVP/Compliance Officer
25 years in banking
7 years compliance/5 yrs auditing/some lending
$74,000 plus 2 wks pay bonus (not guaranteed)
46 yrs old-female
ABA Compliance School Graduate
Western US
$280 mill bank
4 wks vacation/10 days sick/no personal days

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#206350 - 07/16/04 05:59 PM Re: Salary
Paragon Offline
Diamond Poster
Paragon
Joined: Dec 2003
Posts: 2,164
Quote:

SVP/Compliance Officer
25 years in banking
7 years compliance/5 yrs auditing/some lending
$74,000 plus 2 wks pay bonus (not guaranteed)
46 yrs old-female
ABA Compliance School Graduate
Western US
$280 mill bank
4 wks vacation/10 days sick/no personal days




Now this is the job that most of you are looking for.

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#206351 - 07/19/04 04:55 PM Re: Salary
Anonymous
Unregistered

Quote:

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.





Why do say that?

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#206352 - 07/19/04 06:23 PM Re: Salary
Anonymous
Unregistered

That may be "the job" - if it were not in the Western US. I would rather make my $50M and have 2200 sq ft home on 5 acres with a $275 house payment - in the South!

You have to remember all things are NOT equal.

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#206353 - 07/19/04 06:57 PM Re: Salary
Paragon Offline
Diamond Poster
Paragon
Joined: Dec 2003
Posts: 2,164
Well, there it is - salary is relative with location a really big factor - on $74K in for example, Los Angeles, you cannot afford to buy 5 acres to put a house on.

Salary needs to be fair, based on what needs to be and is being accomplished, but it's not at the top of the list for most people.

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#206354 - 07/19/04 08:02 PM Re: Salary
HRH Dawnie Offline
Power Poster
HRH Dawnie
Joined: Aug 2002
Posts: 7,353
Anchorage Alaska
Quote:

I'm in Anchorage. Across from Walmart. Do you come to the IIA meetings?


E gads no Brian...You auditors scare me to death! I can't imagine a whole group of them together! I'm in CRA hiding from auditors...or maybe I'm hiding from you? Did you come to work for us?
_________________________
Dawn Coursey VP/CRA Queen

CRA Rating is in...Oh who cares...I'm home with the baby.

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#206355 - 07/20/04 05:46 PM Re: Salary
AKauditor Offline
Junior Member
Joined: Mar 2004
Posts: 39
Alaska
Quote:

Quote:

I'm in Anchorage. Across from Walmart. Do you come to the IIA meetings?


E gads no Brian...You auditors scare me to death! I can't imagine a whole group of them together! I'm in CRA hiding from auditors...or maybe I'm hiding from you? Did you come to work for us?




No, the big CU.

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#206356 - 07/21/04 04:14 PM Re: Salary
Anonymous
Unregistered

It's amazing, I was just about ready to post the same question. I've been getting calls from head-hunters, and was curious as to if I am working too cheap at my current location.

6 years at same bank
4 years of that has been being the
banks sole Internal Auditor
104 milion asset size
(I work part time, so this is prorated)
3 weeks vacation
6 hrs sick time monthly
$13.14/ hour which would be the equivilent of about $27,000 if I were full time.
Free Dental
401K with 3% bank match
bank located in South Dakota

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#206357 - 07/21/04 07:07 PM Re: Salary
Anonymous
Unregistered

Here are my stats:
26 years in banking(18 in compliance)
no college educ, but I am a CRCM
Lots of ABA banking schools, MBA schools
Northern MN-rural area
$150M community bank
$47,000 + $4-5 bonus
3 weeks vac, 5 personal days, 6 sick days, 401K,
female, 47 yrs old.

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#206358 - 07/22/04 01:11 PM Re: Salary
Anonymous
Unregistered

as for me, the female in OK. No i don't get a clothing allowance and i work 40+ hours a week 5 days a week.

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#206359 - 07/22/04 01:46 PM Re: Salary
Anonymous
Unregistered

Quote:

i don't get a clothing allowance and i work 40+ hours a week 5 days a week.





The male in KY says "Ditto." I'm also very happy in my job and relatively stress-free compared to other positions I've held (branch manager, etc.).

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#206360 - 07/22/04 09:38 PM Re: Salary
Anonymous
Unregistered

The male in KY says "Ditto." I'm also very happy in my job and relatively stress-free compared to other positions I've held (branch manager, etc.).




female in OK, i would agree, I have tons of flexibility with my hours and can come and go pretty much as I please.

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#206361 - 07/26/04 06:44 PM Re: Salary
J2C Offline
Diamond Poster
Joined: May 2004
Posts: 1,475
Big Brother knows and that's a...
Well, after looking at all of this info, I don't know if I should be happy with what I get or if I should ask for a raise! It is interesting to see these statistics.
_________________________
My opinion is mine only- not my employer's!


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#206362 - 07/27/04 05:17 PM Re: Salary
Anonymous
Unregistered

Internal Auditor & Loan Review Officer
6 years banking (3 as examiner) & 3 years financial consulting
BS - Economics
$220 Million Assets
$44K + bonus
2 weeks vacation - 7 sick days
Missouri -non rural
32, Male

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#206363 - 07/27/04 08:18 PM Re: Salary
Anonymous
Unregistered

4years experiment as an internal auditor
(prev exp : 2 years at a fat four)
mastery of financial an accountancy
35K + 7K bonus and 6-9K (bonus based on the bank's results)
and i forgot about the holidays : 45 days / year that is approximately 9 weeks

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#206364 - 07/28/04 01:28 PM Re: Salary
J2C Offline
Diamond Poster
Joined: May 2004
Posts: 1,475
Big Brother knows and that's a...
9 weeks!! Holy cow, I would rather have that then a pay increase.
_________________________
My opinion is mine only- not my employer's!


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#206365 - 07/28/04 01:59 PM Re: Salary
Anonymous
Unregistered

Quote:

9 weeks!! Holy cow, I would rather have that then a pay increase.




yeah 9 weeks off !!!
workin in france got some advantage
in luxembourg it's quite the same but the salary is way much better

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#206366 - 07/28/04 06:36 PM Re: Salary
bob charlton Offline
New Poster
Joined: Jul 2004
Posts: 5
don't forget that in luxembourg there is LUX (luxury for short)

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#206367 - 08/06/04 03:19 PM Re: Salary
Anonymous
Unregistered

South
VP-Compliance
$1.2 billion
3 weeks vacation
bonus of 15% - not guaranteed, based on company performance
24 years experience
CRCM
Female
BA/MPA
$54,000

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#206368 - 08/06/04 09:06 PM Re: Salary
Anonymous
Unregistered

28 female
South
Staff auditor
$33,000
7 years banking / 2 years in audit
BS Finance/Economics

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#206369 - 10/25/04 05:26 PM Re: Salary
Anonymous
Unregistered

Atlanta, GA
Over 3 years employed by financial institutions
Over 5 years in public accounting specializing in finanial institutions, including a Big 4 stint.
CPA
MBA
$400MM+ in assets
Salary: $72,000
Bonus: 10-15% annually
Only 3 weeks vacation
I would trade $$$ for more time off.
34 year old male

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#206370 - 10/25/04 07:53 PM Re: Salary
Anonymous
Unregistered

Upstate NY
27years old, female
Banking(combined w/ audit) 7 years
Audit 5 years
270 Million Assets
Assistant Auditor (only 2 auditors in dept.)
36K w/ annual increase of 3-5% based on performance
401K
health/dental
pension
3 weeks vacation
personal/sick time accrues based on time at job and rolls over each year.

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#206371 - 10/25/04 07:54 PM Re: Salary
Anonymous
Unregistered

Quote:

Upstate NY
27years old, female
Banking(combined w/ audit) 7 years
Audit 5 years
270 Million Assets
Assistant Auditor (only 2 auditors in dept.)
36K w/ annual increase of 3-5% based on performance
401K
health/dental
pension
3 weeks vacation
personal/sick time accrues based on time at job and rolls over each year.




I forgot my education- Associates Degree working toward B.S Information Systems Security

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