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#206272 - 06/30/04 08:29 PM
Salary
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Anonymous
Unregistered
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Hello. I am just wondering if any/ all of you auditors/ compliance officers would mind posting your job title, time in current position, education, asset size of financial institution, and salary range? I am trying to figure out if I being properly compensated. Feel free to post ANON.
Thanks in advance.
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#206273 - 06/30/04 08:32 PM
Re: Salary
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Anonymous
Unregistered
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I don't mind posting at all- actually I wouldn't mind knowing this info myself. Anyway, I am an audit staff member for a bank in the NE. Asset size is $262. B.S. degree, 5+ years experience. My salary is a poor $28,000 with 3 weeks vacation. Hope this helps.
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#206274 - 06/30/04 08:40 PM
Re: Salary
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Anonymous
Unregistered
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Compliance Officer (ex Auditor) est 13 yrs - Banking - 25 years..primarily as lender 1 yr tech school/Audit school 800 mil $65 plus incentive (not guaranteed) SE US
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#206275 - 06/30/04 08:48 PM
Re: Salary
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Anonymous
Unregistered
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15 years banking at same institution 2 years internal audit/AVP 250 million in assests BS degree/ Maryland $45,000 five weeks vacation
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#206276 - 06/30/04 08:49 PM
Re: Salary
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Anonymous
Unregistered
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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
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#206277 - 06/30/04 08:52 PM
Re: Salary
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Anonymous
Unregistered
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VP-Compliance 4 years in compliance-15 years total banking About 2 years of college Base of $67K plus annual bonus (usually 8-10% of salary) 4 weeks vacation
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#206278 - 06/30/04 08:54 PM
Re: Salary
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Anonymous
Unregistered
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I forgot to mention asset size (previous post), we're about $260M.
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#206279 - 06/30/04 08:57 PM
Re: Salary
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Anonymous
Unregistered
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Corporate compliance officer BS-advertising & public relations CRCM designation Attended ABA national & graduate compliance schools 16 years in banking / 14 in compliance & CRA This is my 6th bank in 16 years 2-bank holding company, approx. $425 million $60k salary, 10% bonus tied to corporate performance 4 weeks vacation & flexibility to work from home if desired
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#206280 - 06/30/04 09:05 PM
Re: Salary
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Anonymous
Unregistered
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It might help to know what state each poster is from. Different areas, rural vs city have different economic levels
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#206281 - 06/30/04 09:07 PM
Re: Salary
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Anonymous
Unregistered
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Quote:
VP-Compliance 4 years in compliance-15 years total banking About 2 years of college Base of $67K plus annual bonus (usually 8-10% of salary) 4 weeks vacation
New England
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#206282 - 06/30/04 09:11 PM
Re: Salary
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Anonymous
Unregistered
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Quote:
Corporate compliance officer BS-advertising & public relations CRCM designation Attended ABA national & graduate compliance schools 16 years in banking / 14 in compliance & CRA This is my 6th bank in 16 years 2-bank holding company, approx. $425 million $60k salary, 10% bonus tied to corporate performance 4 weeks vacation & flexibility to work from home if desired
Great Lakes area.
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#206283 - 06/30/04 09:13 PM
Re: Salary
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Anonymous
Unregistered
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Banking Officer/Compliance 22 years in banking - 10 in Compliance BS in Business Education $120 mil Rural bank in Central US $27,480/yr - 14 days vacation 1 sick leave day earned per mo w/total accumulation of 45 possible.
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#206284 - 06/30/04 09:54 PM
Re: Salary
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Anonymous
Unregistered
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Internal Auditor 8 years banking - 1 year audit BA in Social Studies 160 mil Minnesota $30,000 plus performance based bonus 3 weeks vacation
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#206285 - 06/30/04 09:57 PM
Re: Salary
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Diamond Poster
Joined: Dec 2003
Posts: 1,337
Wisconsin
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Compliance Officer/Asst. VP 5 Years in Banking and Compliance BS in Finance/MBA Approx. $120M bank $39K salary - 3 weeks vacation Additional bonus anywhere from $2k-$4K depending on performance of bank Located in Western Wisconsin
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#206286 - 07/01/04 03:00 PM
Re: Salary
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Junior Member
Joined: Jun 2004
Posts: 29
New York State
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BS in Accounting 9.5 yrs Banking, 4.5 in Accounting, 5 in Audit AVP/Internal Audit Manager - 4 months CIA Great Lakes area $42.500, 4 weeks vacation
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#206287 - 07/01/04 03:35 PM
Re: Salary
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Anonymous
Unregistered
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BA in Liberal Arts 18 years banking (2 yrs compliance/16 yrs Security/operations) VP-Compliance Northeast - $2Billion bank $70K 3weeks vacation
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#206288 - 07/01/04 04:08 PM
Re: Salary
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Anonymous
Unregistered
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VP Director of Compliance Banking 7yrs, audit 4yrs, compliance 1yr MBA, CBA 1 Billion $60,000 SE
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#206289 - 07/01/04 04:23 PM
Re: Salary
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Anonymous
Unregistered
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Internal Auditor 10 years banking-All Internal Audit (same location) Masters of Accountancy, CPA About $350 Million Assets Salary about $45K + bonus based on bank performance 2 1/2 weeks vacation Western US (rural)
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#206290 - 07/01/04 04:55 PM
Re: Salary
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Anonymous
Unregistered
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Internal Auditor & Compliance Officer 10 years banking- 7 years Audit & Compliance BS - Finance $130 Million Assets $48K + bonus 3 weeks vacation -5 sick days Oklahoma -non rural
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#206291 - 07/01/04 05:24 PM
Re: Salary
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Anonymous
Unregistered
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VP- Compliance, HR, IT, Op Mgr 13 years banking - 3.5 in Compliance BA - English (who knew? ) $100 Million Assets $37,000 + bonus $2-3K, not guaranteed 3 weeks vacation, 9 PTO/sick days Central Texas (rural)
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#206292 - 07/01/04 05:33 PM
Re: Salary
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Junior Member
Joined: Mar 2004
Posts: 39
Alaska
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VP - Internal Audit Manager CIA, CBA, CFSA 20 yrs audit, 15 with banks $750 Million community bank in Alaska $77,000 + bonus 23 days vacation, 10 days sick 3 staff
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#206294 - 07/02/04 01:48 PM
Re: Salary
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Anonymous
Unregistered
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South VP/Compliance & Security (CRA\Privacy\and whatever else comes along...) 21 years in banking: 9 in Compliance/ 7 in Security $34,000/yr Assets: $400,000,000
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#206295 - 07/02/04 01:49 PM
Re: Salary
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Anonymous
Unregistered
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Oops, forgot to mention....2 wks and 3 days of vacation, 10 days sick leave (3 of those can be personal).....
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#206296 - 07/02/04 03:19 PM
Re: Salary
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Anonymous
Unregistered
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Location make a huge difference in pay!!!! Cost of living varies greatly so be cautious at your comparison. Midwest - City less than 100,000 Internal Auditor and Compliance Officer Trust Company - Approximately 1 billion in assets Bachelor's degree in Finance and Accounting, CPA license, CFIRS 3 years experience in public accounting, 3 years experience in banking industry 33,000 2 weeks vacation now, 3 weeks after 6th anniversary
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