Compliance manager vs bsa officer

The differences between compliance managers 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 manager and a bsa officer. Additionally, a bsa officer has an average salary of $95,310, which is higher than the $95,130 average annual salary of a compliance manager.

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

Compliance manager vs bsa officer overview

	Compliance Manager	BSA Officer
Yearly salary	$95,130	$95,310
Hourly rate	$45.74	$45.82
Growth rate	-	3%
Number of jobs	19,088	58,613
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 61%
Average age	47	47
Years of experience	4	4

Compliance manager vs bsa officer salary

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

	Compliance Manager	BSA Officer
Average salary	$95,130	$95,310
Salary range	Between $66,000 And $136,000	Between $63,000 And $143,000
Highest paying City	San Francisco, CA	-
Highest paying state	California	-
Best paying company	Meta	-
Best paying industry	Finance	-

Differences between compliance manager and bsa officer education

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

	Compliance Manager	BSA Officer
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 61%
Most common major	Business	Business
Most common college	Stanford University	University of Pennsylvania

Compliance manager vs bsa officer demographics

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

	Compliance Manager	BSA Officer
Average age	47	47
Gender ratio	Male, 48.6% Female, 51.4%	Male, 40.9% Female, 59.1%
Race ratio	Black or African American, 7.6% Unknown, 4.7% Hispanic or Latino, 12.8% Asian, 8.8% White, 65.4% 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 manager and bsa officer duties and responsibilities

Compliance manager example responsibilities.

Manage due diligence reviews in regard to FCPA.
Manage CFPB audit on both servicing and originations units.
Lead a team to assess and analyze Dodd-Frank CFTC swap regulations.
Promote to manage system development teams charge with performing new product QA.
Lead department review presentations on impact of new EU regulations effective Jan-2008.
Set up a project PMO team, along with organizing awareness and remediation team leads across every area.

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 manager vs bsa officer skills

Common compliance manager skills

Oversight, 9%
Ethics, 6%
Risk Management, 6%
Compliance Program, 5%
Regulatory Compliance, 4%
Risk Assessments, 3%

Common bsa officer skills

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