What does a BSA/AML Compliance Analyst do?
Compliance analysts coordinate the operations within companies and organizations to ensure they are in compliance with local, federal, and state government regulations. As the gatekeeper of compliance both inside and outside the company, they work to ensure that the activities at their employer adhere to the guidelines established by either the government or nonprofit entities that regulate them.
Compliance analysts plan and coordinate the operational activities within a company or organization to ensure compliance with governmental regulations and ordinances they work in settings including schools, hospitals, corporations, and nonprofits. They ensure that all policies and procedures are implemented and well-documented and perform internal reviews to identify compliance problems that call for further or formal attention. They are responsible for the development of risk management strategies at the organization to help avoid non-compliance, and they are fluent in industry compliance regulations and policies and stay in contact with compliance regulators. Compliance analysts need a bachelor’s degree and related field experience as well as writing, communication, and computer skills.
BSA/AML Compliance Analyst Salaries
Average Base Pay
BSA/AML Compliance Analyst Career Path
Learn how to become a BSA/AML Compliance Analyst, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.