| Leading Anti-Money Laundering Organization Launches First Compensation Survey for the Industry |
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The Association of Certified Anti-Money Laundering Specialists (ACAMS), has launched the first salary survey designed specifically for the AML/CFT (combating the financing of terrorism) industry. Administered through an independent, third-party research firm, the "2007 AML/CFT Compensation Survey" was released today to specialists in law enforcement, financial institutions, and government regulatory agencies worldwide. The survey's results report is expected in October 2007.
In an industry with thousands of specialists around the world, a primary goal of the survey is to collect and analyze salary data from a comprehensive range of public and private sector employees in the AML/CFT field at every level. Participants in the survey will range from professionals in community banks to executives at global financial institutions, as well as representatives from law enforcement and in regulatory agencies on six continents.
As members of a highly specialized, yet geographically diffused, discipline, AML/CFT professionals have found it challenging to accurately gauge their compensation relative to that of their peers. It has been equally difficult for employers to determine compensation for their AML/CFT employees, with a vast range of experience and education represented in this rapidly growing field.
The survey questions progressively drill down to the various titles and responsibilities in the AML and compliance field. An in-depth, comparative analysis of job title, years of experience, certification, skill set, level in an organization, and type of business will serve as a useful barometer for professionals in different geographic regions and help differentiate between public and private sector job compensation.
To ensure the integrity of the survey, ACAMS has contracted The Dihedral Group to administer the survey, and to collect, assess, and analyze individual responses. Survey results will be published only in aggregate, with individual responses being consolidated to ensure complete confidentiality. |



