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#206272 - 06/30/04 08:29 PM Salary
Anonymous
Unregistered

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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Audit
#206273 - 06/30/04 08:32 PM Re: Salary
Anonymous
Unregistered

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
Anonymous
Unregistered

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
Anonymous
Unregistered

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
Anonymous
Unregistered

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
Anonymous
Unregistered

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
Anonymous
Unregistered

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
Anonymous
Unregistered

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
Anonymous
Unregistered

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
Anonymous
Unregistered

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
Anonymous
Unregistered

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
Anonymous
Unregistered

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
Anonymous
Unregistered

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
Happy Birthday CSB98 Offline
Diamond Poster
Joined: Dec 2003
Posts: 1,246
Wisconsin
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
pookiesgirl Offline
Junior Member
Joined: Jun 2004
Posts: 29
New York State
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
Anonymous
Unregistered

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
Anonymous
Unregistered

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
Anonymous
Unregistered

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
Anonymous
Unregistered

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
Anonymous
Unregistered

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
AKauditor Offline
Junior Member
Joined: Mar 2004
Posts: 39
Alaska
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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#206293 - 07/02/04 12:20 PM Re: Salary
DeeQ Offline
10K Club
DeeQ
Joined: Dec 2002
Posts: 40,763
Turnpike Exit 10
It looks like we should move to Alaska!!!
_________________________
Get your facts first, then you can distort them as you please. - Mark Twain

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#206294 - 07/02/04 01:48 PM Re: Salary
Anonymous
Unregistered

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
Anonymous
Unregistered

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
Anonymous
Unregistered

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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