Home > Salary > Uganda > 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: 5,178,075 UGX
Estimated Monthly Salary: 431,506 UGX
Estimated Weekly Salary: 99,578 UGX per week
Estimated Hourly Salary: 2,489 UGX per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 417,499 UGX
Estimated Weekly Salary: 96,346 UGX per week
Estimated Hourly Salary: 2,409 UGX per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 1,323 USD
Estimated Monthly Salary: 110 USD
Estimated Weekly Salary: 25 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 5,178,075 UGX
Estimated Monthly Salary: 431,506 UGX
Estimated Weekly Salary: 99,578 UGX per week
Estimated Hourly Salary: 2,489 UGX per hour
By working as Bank Secrecy Act Officer a person can save up to 60 USD per month or 723 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 Uganda, see costs of living in Uganda.
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 Uganda
Average Yearly Salary of Bank Secrecy Act Officer in Uganda is approximately 5,178,075 UGX (1,323 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: 5,178,075 UGX
Estimated Monthly Salary: 431,506 UGX
Estimated Weekly Salary: 99,578 UGX per week
Estimated Hourly Salary: 2,489 UGX per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 5,009,991 UGXEstimated Monthly Salary: 417,499 UGX
Estimated Weekly Salary: 96,346 UGX per week
Estimated Hourly Salary: 2,409 UGX 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: 1,323 USD
Estimated Monthly Salary: 110 USD
Estimated Weekly Salary: 25 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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
Uganda is a landlocked country located in East Africa. It has a population of approximately 45 million people and covers an area of about 241,038 square kilometers. The country is bordered by South Sudan to the north, Kenya to the east, Tanzania and Rwanda to the south, and the Democratic Republic of the Congo to the west.
Estimated national average yearly salary is 4,485,000 UGX (1,250 USD). Value indicated is pre-tax. Below graph shows estimated Bank Secrecy Act Officer job salary compared to average salary in Uganda.
Comparison shows that a person working as Bank Secrecy Act Officer in Uganda earns on average:
1.15 times the average salary (or 115% of average salary).
Estimated national average yearly salary is 4,485,000 UGX (1,250 USD). Value indicated is pre-tax. Below graph shows estimated Bank Secrecy Act Officer job salary compared to average salary in Uganda.
Comparison shows that a person working as Bank Secrecy Act Officer in Uganda earns on average:
1.15 times the average salary (or 115% 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 5,695,883 UGX and 7,508,209 UGX. However this is an estimation based on Gaussian Distribution.How much can you save working as Bank Secrecy Act Officer in Uganda?
Living in Uganda the approximate monthly expenses are: 50 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: 5,178,075 UGX
Estimated Monthly Salary: 431,506 UGX
Estimated Weekly Salary: 99,578 UGX per week
Estimated Hourly Salary: 2,489 UGX per hour
By working as Bank Secrecy Act Officer a person can save up to 60 USD per month or 723 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 Uganda, see costs of living in Uganda.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Kenya, South Sudan, Democratic Republic of the Congo, Rwanda, Tanzania. 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
Kenya is 6,384 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 Uganda
(50,940,232 UGX per year, pre-tax.)
2. Cardiologist
(42,552,292 UGX per year, pre-tax.)
(41,077,897 UGX per year, pre-tax.)
4. Neurosurgeon
(39,844,135 UGX per year, pre-tax.)
(39,697,505 UGX per year, pre-tax.)
6. Oncologist
(38,842,071 UGX per year, pre-tax.)
(38,812,832 UGX per year, pre-tax.)
(38,784,031 UGX per year, pre-tax.)
(38,749,803 UGX per year, pre-tax.)
(38,712,676 UGX per year, pre-tax.)
Data as of 2025Random salary:
Orderly (1,864,170 UGX per year, pre-tax.)
News anchor (4,843,800 UGX per year, pre-tax.)
Technical designer apparel (6,234,905 UGX per year, pre-tax.)
Produce supervisor (2,181,205 UGX per year, pre-tax.)
Front office coordinator (3,190,922 UGX per year, pre-tax.)
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