Compliance director vs bsa officer

The differences between compliance directors and bsa officers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a compliance director and a bsa officer. Additionally, a compliance director has an average salary of $103,517, which is higher than the $95,310 average annual salary of a bsa officer.

The top three skills for a compliance director include compliance program, oversight and ethics. The most important skills for a bsa officer are BSA, aml, and OFAC.

Compliance director vs bsa officer overview

	Compliance Director	BSA Officer
Yearly salary	$103,517	$95,310
Hourly rate	$49.77	$45.82
Growth rate	-	3%
Number of jobs	20,942	58,613
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 63%	Bachelor's Degree, 61%
Average age	47	47
Years of experience	4	4

Compliance director vs bsa officer salary

Compliance directors and bsa officers have different pay scales, as shown below.

	Compliance Director	BSA Officer
Average salary	$103,517	$95,310
Salary range	Between $72,000 And $147,000	Between $63,000 And $143,000
Highest paying City	San Francisco, CA	-
Highest paying state	California	-
Best paying company	McKinsey & Company Inc	-
Best paying industry	Finance	-

Differences between compliance director and bsa officer education

There are a few differences between a compliance director and a bsa officer in terms of educational background:

	Compliance Director	BSA Officer
Most common degree	Bachelor's Degree, 63%	Bachelor's Degree, 61%
Most common major	Business	Business
Most common college	Stanford University	University of Pennsylvania

Compliance director vs bsa officer demographics

Here are the differences between compliance directors' and bsa officers' demographics:

	Compliance Director	BSA Officer
Average age	47	47
Gender ratio	Male, 53.9% Female, 46.1%	Male, 40.9% Female, 59.1%
Race ratio	Black or African American, 7.8% Unknown, 4.7% Hispanic or Latino, 13.0% Asian, 8.6% White, 65.3% American Indian and Alaska Native, 0.7%	Black or African American, 7.8% Unknown, 4.7% Hispanic or Latino, 13.1% Asian, 8.2% White, 65.6% American Indian and Alaska Native, 0.7%
LGBT Percentage	10%	10%

Differences between compliance director and bsa officer duties and responsibilities

Compliance director example responsibilities.

Manage monthly FINRA registration fee allocations and departmental expenses.
Manage Sarbanes-Oxley financial reporting and CAMP+ coverage, and certification process.
Develop strategy to integrate acquired/new operations to achieve company ethics & compliance standards.
Manage senior and junior surveillance/investigation analysts responsible for conducting AML surveillance and investigations.
Develop, manage and implement program governance and structure to ensure major programs are strategically align with organizational objectives.
Provide explanations to families on Medicare and Medicaid billing and benefits.

Bsa officer example responsibilities.

Lead weekly SAR and escalation meetings, which are designed to bring potential risk issues to the attention of Sr. Management.
Participate in OCC exam preparation and review including research and presentation of documentation to achieve compliance with federal examiner requests.
Assist in revision of bank's AML compliance program.
Review verified CTRs prior to batch filing to FinCEN.
Provide best practices regarding CRA disclosures.
Revise daily currency logs reports and submit CTRs.

Compliance director vs bsa officer skills

Common compliance director skills

Compliance Program, 8%
Oversight, 8%
Ethics, 8%
Risk Management, 6%
Compliance Issues, 5%
Risk Assessments, 4%

Common bsa officer skills

BSA, 9%
Aml, 9%
OFAC, 9%
Secrecy, 8%
Risk Assessments, 7%
Anti-Money Laundering, 6%