Home > Salary > South Africa > Banking Compliance Analyst
A banking compliance analyst is responsible for ensuring that a bank or financial institution complies with all applicable laws, regulations, and industry standards. They analyze and interpret complex regulatory requirements, assess the bank's policies and procedures, and develop strategies to mitigate compliance risks. Additionally, they monitor transactions, review internal controls, and conduct audits to identify any potential violations. This role requires strong attention to detail, analytical skills, and knowledge of banking laws and regulations. The banking compliance analyst also collaborates with various departments within the organization to implement compliance programs, provide training, and maintain documentation. They stay updated on regulatory changes and advise management on necessary actions to remain compliant. Overall, their goal is to protect the bank from legal and reputational risks and ensure a culture of compliance.
Estimated Yearly Salary: 169,876 ZAR
Estimated Monthly Salary: 14,156 ZAR
Estimated Weekly Salary: 3,267 ZAR per week
Estimated Hourly Salary: 82 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 13,672 ZAR
Estimated Weekly Salary: 3,155 ZAR per week
Estimated Hourly Salary: 79 ZAR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 8,518 USD
Estimated Monthly Salary: 710 USD
Estimated Weekly Salary: 164 USD per week
Estimated Hourly Salary: 4 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: 169,876 ZAR
Estimated Monthly Salary: 14,156 ZAR
Estimated Weekly Salary: 3,267 ZAR per week
Estimated Hourly Salary: 82 ZAR per hour
By working as Banking Compliance Analyst a person can save up to 439 USD per month or 5,264 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 South Africa, see costs of living in South Africa.
Estimated Yearly Salary for Banking Compliance Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Banking Compliance Analyst salary in South Africa
Average Yearly Salary of Banking Compliance Analyst in South Africa is approximately 169,876 ZAR (8,518 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 Banking Compliance Analyst do?
A banking compliance analyst is responsible for ensuring that a bank or financial institution complies with all applicable laws, regulations, and industry standards. They analyze and interpret complex regulatory requirements, assess the bank's policies and procedures, and develop strategies to mitigate compliance risks. Additionally, they monitor transactions, review internal controls, and conduct audits to identify any potential violations. This role requires strong attention to detail, analytical skills, and knowledge of banking laws and regulations. The banking compliance analyst also collaborates with various departments within the organization to implement compliance programs, provide training, and maintain documentation. They stay updated on regulatory changes and advise management on necessary actions to remain compliant. Overall, their goal is to protect the bank from legal and reputational risks and ensure a culture of compliance.
Skills: banking, compliance, analyst, regulatory compliance, risk management, financial regulations.
Job industry: Banking
Job industry: Banking
How much does Banking Compliance Analyst make?
Salary details
How much does Banking Compliance Analyst make?Estimated Yearly Salary: 169,876 ZAR
Estimated Monthly Salary: 14,156 ZAR
Estimated Weekly Salary: 3,267 ZAR per week
Estimated Hourly Salary: 82 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 164,060 ZAREstimated Monthly Salary: 13,672 ZAR
Estimated Weekly Salary: 3,155 ZAR per week
Estimated Hourly Salary: 79 ZAR per hour
Last revision of data: 2024-01-02Banking Compliance Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,518 USD
Estimated Monthly Salary: 710 USD
Estimated Weekly Salary: 164 USD per week
Estimated Hourly Salary: 4 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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Salary comparison to National average
South Africa is a diverse and vibrant country located at the southernmost tip of the African continent. It has a population of approximately 59 million people and covers an area of around 1.2 million square kilometers. The country is known for its rich cultural heritage, stunning landscapes, and abundant wildlife.
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Banking Compliance Analyst job salary compared to average salary in South Africa.
Comparison shows that a person working as Banking Compliance Analyst in South Africa earns on average:
1.34 times the average salary (or 134% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Banking Compliance Analyst job salary compared to average salary in South Africa.
Comparison shows that a person working as Banking Compliance Analyst in South Africa earns on average:
1.34 times the average salary (or 134% of average salary).
Is Banking Compliance Analyst a well paid job?
Yes, our data shows that Banking Compliance Analyst is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Banking Compliance Analyst?
High salary for Banking Compliance Analyst would be somewhere between 186,864 ZAR and 246,320 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Banking Compliance Analyst in South Africa?
Living in South Africa the approximate monthly expenses are: 271 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: 169,876 ZAR
Estimated Monthly Salary: 14,156 ZAR
Estimated Weekly Salary: 3,267 ZAR per week
Estimated Hourly Salary: 82 ZAR per hour
By working as Banking Compliance Analyst a person can save up to 439 USD per month or 5,264 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 South Africa, see costs of living in South Africa.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini, Lesotho. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Banking Compliance Analyst
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 South Africa
(1,412,867 ZAR per year, pre-tax.)
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9. Oncologist
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10. Urologist
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Data as of 2025Random salary:
Network administrator data center (125,646 ZAR per year, pre-tax.)
Medical director psychiatry (583,995 ZAR per year, pre-tax.)
Health advisor (116,760 ZAR per year, pre-tax.)
Assistant professor of psychology (168,392 ZAR per year, pre-tax.)
Janitorial supervisor (64,751 ZAR per year, pre-tax.)
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Salary details displayed on this website are intended for reference purposes only. Our data comes from various sources and may not necessarily be up to date. Users must cross-reference salary information independently before making employment decisions. The figures shown here may fluctuate due to factors such as company policies, experience levels, and demand shifts. We cannot guarantee that the data displayed is error-free. By using this website, you agree that salary information is offered 'as is' and without assurances.
Salary details presented on this website are intended for reference purposes exclusively. Our data comes from multiple inputs and may not necessarily be accurate. Users must verify salary information through other means before making financial decisions. The figures shown here may fluctuate due to factors such as company policies, experience levels, and demand shifts. We cannot warrant that the information provided is flawless. By using this website, you accept that salary information is offered 'as is' and without warranties.