Is being a bank examiner a good job?

Is being a bank examiner a good job?

Job Summary Becoming a large bank examiner at the OCC provides a challenging and rewarding opportunity that creates a strong foundation for success through extensive training and career development opportunities. They experience first-hand the inner workings of the largest and most complex banks in the country.

How much does a BSA AML investigator make?

While ZipRecruiter is seeing annual salaries as high as $145,500 and as low as $30,000, the majority of BSA AML Investigator salaries currently range between $58,500 (25th percentile) to $93,500 (75th percentile) with top earners (90th percentile) making $131,500 annually across the United States.

How much do AML analyst make?

The national average salary for a AML Analyst is $56,085 in United States. Filter by location to see AML Analyst salaries in your area. Salary estimates are based on 453 salaries submitted anonymously to Glassdoor by AML Analyst employees.

How much do AML investigators make?

The national average salary for a AML Investigator is $62,438 in United States. Filter by location to see AML Investigator salaries in your area. Salary estimates are based on 142 salaries submitted anonymously to Glassdoor by AML Investigator employees.

What is anti-money laundering?

Summary Anti-Money Laundering (AML) is a set of policies, procedures, and technologies that prevents money laundering. There are three major steps in money laundering (placement, layering, and integration), and various controls are put in place to monitor suspicious activity that could be involved in money laundering.

Is working in anti money laundering solution implementation team a good experience?

It depends on your role in the team. If you are a member for anti money laundering solution implementation team then it’s going to be a very good experience. You will get to know the things happening at the other end in banks.

What are the steps involved in money laundering?

There are three major steps in money laundering (placement, layering, and integration), and various controls are put in place to monitor suspicious activity that could be involved in money laundering. Some anti-money laundering controls include knowing your customers, software filtering, and implementing holding periods.

How AI and big data are changing the anti-money laundering industry?

Technologies, such as AI and Big Data software, allow these systems to become more sophisticated. The first anti-money laundering structures came about with the Financial Action Task Force (FATF). It ensures that international standards are put in place to prevent money laundering.