Home > Salary > Ecuador > Bank Secrecy Act Officer
A Bank Secrecy Act (BSA) Officer is responsible for ensuring compliance with the Bank Secrecy Act and Anti-Money Laundering (AML) regulations within a financial institution. Their primary role is to develop, implement, and maintain effective BSA/AML policies, procedures, and controls to detect and prevent money laundering, terrorist financing, and other illicit activities. They oversee the monitoring of customer transactions, conduct risk assessments, and provide training to employees on BSA/AML compliance. The BSA Officer also acts as a liaison between the financial institution and regulatory agencies, ensuring timely reporting of suspicious activities and responding to inquiries or audits.
Estimated Yearly Salary: 189,266,191 ECS
Estimated Monthly Salary: 15,772,183 ECS
Estimated Weekly Salary: 3,639,734 ECS per week
Estimated Hourly Salary: 90,993 ECS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 15,231,001 ECS
Estimated Weekly Salary: 3,514,846 ECS per week
Estimated Hourly Salary: 87,871 ECS per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 6,698 USD
Estimated Monthly Salary: 558 USD
Estimated Weekly Salary: 129 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 189,266,191 ECS
Estimated Monthly Salary: 15,772,183 ECS
Estimated Weekly Salary: 3,639,734 ECS per week
Estimated Hourly Salary: 90,993 ECS per hour
By working as Bank Secrecy Act Officer a person can save up to 306 USD per month or 3,669 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ecuador, see costs of living in Ecuador.
Estimated Yearly Salary for Bank Secrecy Act Officer
Last revision of data: 2025-01-04
Data as of 2025
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Bank Secrecy Act Officer salary in Ecuador
Average Yearly Salary of Bank Secrecy Act Officer in Ecuador is approximately 189,266,191 ECS (6,698 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Bank Secrecy Act Officer do?
A Bank Secrecy Act (BSA) Officer is responsible for ensuring compliance with the Bank Secrecy Act and Anti-Money Laundering (AML) regulations within a financial institution. Their primary role is to develop, implement, and maintain effective BSA/AML policies, procedures, and controls to detect and prevent money laundering, terrorist financing, and other illicit activities. They oversee the monitoring of customer transactions, conduct risk assessments, and provide training to employees on BSA/AML compliance. The BSA Officer also acts as a liaison between the financial institution and regulatory agencies, ensuring timely reporting of suspicious activities and responding to inquiries or audits.
Skills: BSA Officer, Bank Secrecy Act, Anti-Money Laundering, Compliance Officer, Financial Crime Prevention, Regulatory Compliance.
Job industry: Finance
Job industry: Finance
How much does Bank Secrecy Act Officer make?
Salary details
How much does Bank Secrecy Act Officer make?Estimated Yearly Salary: 189,266,191 ECS
Estimated Monthly Salary: 15,772,183 ECS
Estimated Weekly Salary: 3,639,734 ECS per week
Estimated Hourly Salary: 90,993 ECS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 182,772,015 ECSEstimated Monthly Salary: 15,231,001 ECS
Estimated Weekly Salary: 3,514,846 ECS per week
Estimated Hourly Salary: 87,871 ECS per hour
Last revision of data: 2024-01-08Bank Secrecy Act Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,698 USD
Estimated Monthly Salary: 558 USD
Estimated Weekly Salary: 129 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Ecuador is a country located in South America, bordered by Colombia to the north, Peru to the east and south, and the Pacific Ocean to the west. It has a population of approximately 17 million people and covers an area of about 283,561 square kilometers.
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Bank Secrecy Act Officer job salary compared to average salary in Ecuador.
Comparison shows that a person working as Bank Secrecy Act Officer in Ecuador earns on average:
1.16 times the average salary (or 116% of average salary).
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Bank Secrecy Act Officer job salary compared to average salary in Ecuador.
Comparison shows that a person working as Bank Secrecy Act Officer in Ecuador earns on average:
1.16 times the average salary (or 116% of average salary).
Is Bank Secrecy Act Officer a well paid job?
Yes, our data show that Bank Secrecy Act Officer is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Bank Secrecy Act Officer?
High salary for Bank Secrecy Act Officer would be somewhere between 208,192,810 ECS and 274,435,977 ECS. However this is an estimation based on Gaussian Distribution.How much can you save working as Bank Secrecy Act Officer in Ecuador?
Living in Ecuador the approximate monthly expenses are: 252 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 189,266,191 ECS
Estimated Monthly Salary: 15,772,183 ECS
Estimated Weekly Salary: 3,639,734 ECS per week
Estimated Hourly Salary: 90,993 ECS per hour
By working as Bank Secrecy Act Officer a person can save up to 306 USD per month or 3,669 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ecuador, see costs of living in Ecuador.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Colombia, Peru. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Bank Secrecy Act Officer
Colombia is 6,928 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Ecuador
(1,855,980,438 ECS per year, pre-tax.)
2. Cardiologist
(1,555,155,042 ECS per year, pre-tax.)
(1,492,481,780 ECS per year, pre-tax.)
4. Neurosurgeon
(1,451,252,556 ECS per year, pre-tax.)
(1,445,038,889 ECS per year, pre-tax.)
(1,418,984,151 ECS per year, pre-tax.)
(1,418,715,651 ECS per year, pre-tax.)
(1,416,409,138 ECS per year, pre-tax.)
9. Oncologist
(1,414,323,101 ECS per year, pre-tax.)
10. Urologist
(1,413,729,680 ECS per year, pre-tax.)
Data as of 2025Random salary:
Data entry clerk ii (83,465,266 ECS per year, pre-tax.)
Java senior software engineer (412,219,451 ECS per year, pre-tax.)
Human resources manager (246,947,185 ECS per year, pre-tax.)
Architectural draftsman (138,346,719 ECS per year, pre-tax.)
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