Home > Salary > Qatar > 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: 299,953 QAR
Estimated Monthly Salary: 24,996 QAR
Estimated Weekly Salary: 5,768 QAR per week
Estimated Hourly Salary: 144 QAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 24,078 QAR
Estimated Weekly Salary: 5,556 QAR per week
Estimated Hourly Salary: 139 QAR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 74,705 USD
Estimated Monthly Salary: 6,225 USD
Estimated Weekly Salary: 1,437 USD per week
Estimated Hourly Salary: 36 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: 299,953 QAR
Estimated Monthly Salary: 24,996 QAR
Estimated Weekly Salary: 5,768 QAR per week
Estimated Hourly Salary: 144 QAR per hour
By working as Bank Secrecy Act Officer a person can save up to 3,405 USD per month or 40,865 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 Qatar, see costs of living in Qatar.
Estimated Yearly Salary for Bank Secrecy Act Officer
United Arab Emirates is 51,883 USD
31%
Details on Bank Secrecy Act Officer salary in United Arab Emirates Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Banking safe deposit clerk (126,976 QAR per year, pre-tax.)
Records management supervisor (248,921 QAR per year, pre-tax.)
Product development supervisor (258,494 QAR per year, pre-tax.)
Counselor (199,540 QAR per year, pre-tax.)
Office sales manager (149,655 QAR per year, pre-tax.)
Bank Secrecy Act Officer salary in Qatar
Average Yearly Salary of Bank Secrecy Act Officer in Qatar is approximately 299,953 QAR (74,705 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: 299,953 QAR
Estimated Monthly Salary: 24,996 QAR
Estimated Weekly Salary: 5,768 QAR per week
Estimated Hourly Salary: 144 QAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 288,936 QAREstimated Monthly Salary: 24,078 QAR
Estimated Weekly Salary: 5,556 QAR per week
Estimated Hourly Salary: 139 QAR per hour
Last revision of data: 2024-01-02Bank Secrecy Act Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 74,705 USD
Estimated Monthly Salary: 6,225 USD
Estimated Weekly Salary: 1,437 USD per week
Estimated Hourly Salary: 36 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
Qatar, a sovereign country located in the Middle East, is known for its rich culture and rapid development. With a population of approximately 2.8 million people, Qatar is a relatively small nation. Its total land area covers around 11,586 square kilometers, making it one of the smallest countries in the region.
Estimated national average yearly salary is 256,620 QAR (70,500 USD). Value indicated is pre-tax. Below graph shows estimated Bank Secrecy Act Officer job salary compared to average salary in Qatar.
Comparison shows that a person working as Bank Secrecy Act Officer in Qatar earns on average:
1.17 times the average salary (or 117% of average salary).
Estimated national average yearly salary is 256,620 QAR (70,500 USD). Value indicated is pre-tax. Below graph shows estimated Bank Secrecy Act Officer job salary compared to average salary in Qatar.
Comparison shows that a person working as Bank Secrecy Act Officer in Qatar earns on average:
1.17 times the average salary (or 117% 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 329,948 QAR and 434,932 QAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Bank Secrecy Act Officer in Qatar?
Living in Qatar the approximate monthly expenses are: 2,820 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: 299,953 QAR
Estimated Monthly Salary: 24,996 QAR
Estimated Weekly Salary: 5,768 QAR per week
Estimated Hourly Salary: 144 QAR per hour
By working as Bank Secrecy Act Officer a person can save up to 3,405 USD per month or 40,865 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 Qatar, see costs of living in Qatar.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Iran. 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
Saudi Arabia is 29,239 USDUnited Arab Emirates is 51,883 USD 31%Details on Bank Secrecy Act Officer salary in United Arab Emirates
Bahrain is 18,999 USD
Kuwait is 14,196 USD
Iran is 8,369 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 Qatar
(2,939,572 QAR per year, pre-tax.)
2. Cardiologist
(2,450,940 QAR per year, pre-tax.)
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5. Neurosurgeon
(2,287,404 QAR per year, pre-tax.)
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7. Urologist
(2,240,458 QAR per year, pre-tax.)
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9. Oncologist
(2,234,247 QAR per year, pre-tax.)
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Data as of 2025Random salary:
Banking safe deposit clerk (126,976 QAR per year, pre-tax.)
Records management supervisor (248,921 QAR per year, pre-tax.)
Product development supervisor (258,494 QAR per year, pre-tax.)
Counselor (199,540 QAR per year, pre-tax.)
Office sales manager (149,655 QAR per year, pre-tax.)
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