#455132 - 11/09/0509:12 PMAverage income for banking professionals.
Anonymous
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I am trying to find some information on average salaries for Compliance Officers to determine if my salary is within the industry range for this line of work. Do you know where I can find this type of information? I do not manage our compliance department and am in my second year of compliance at this bank in the midwest.
Quote: Regulatory Risk Monitor did a piece on this Sept 19. Google it.
Don't know how everyone else felt about that survey, but I found the numbers to be way low. I subcribed to RRM just to get the salary survey -- once I got it I buried it -- hard enough to get increases w/o my management seeing those numbers.
Quote: I do not manage our compliance department and am in my second year of compliance at this bank...
What experience to you have? Any certifications? Do you have a college degree? What management experience do you have? Did your current employer train you for your current job? What is your depth of knowledge?
If you think you’re under paid then look around and see what somebody else would hire you for. Salaries are, in most cases, person specific. I would pay a Dan Persfull more money than I would pay myself because he has WAY more experience and knowledge. So again, my best advice would be to shop yourself around and see what people are willing to pay you.
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