A person working as a Bank Secrecy Act Anti-money Laundering Analyst in India will on average earn $26325 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $26,325.00 |
| Weekly salary | $506.25 |
| Daily salary | $72.12 |
| Hourly salary | $9.02 |
This means bank secrecy act anti-money laundering analyst salary is above average!
Job Industry: banking
Description: The occupation of a Bank Secrecy Act (BSA) Anti-Money Laundering (AML) Analyst involves analyzing financial transactions and customer data to detect and prevent money laundering, terrorist financing, and other illicit activities within a bank or financial institution. They are responsible for ensuring compliance with BSA regulations and conducting investigations on suspicious activities. The main responsibilities of a BSA AML Analyst include reviewing customer profiles, transaction patterns, and account activities, identifying potential risks and red flags, conducting due diligence on high-risk customers, filing suspicious activity reports (SARs), and collaborating with law enforcement agencies when necessary. They also play a crucial role in developing and implementing AML policies and procedures, conducting training programs for employees, and staying updated on the latest regulatory changes.
Tagged with: BSA Compliance, AML Investigations, Financial Crime Prevention, Risk Assessment, Regulatory Compliance, Suspicious Activity Reporting