A person working as an AML Analyst in Serbia typically earns around 209,000 RSD per month. Salaries range from 96,000 RSD (lowest) to 332,000 RSD (highest).
This is the average monthly salary including housing, transport, and other benefits. AML Analyst salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
AML Analyst salaries in Serbia range from 96,000 RSD per month (minimum salary) to 332,000 RSD per month (maximum salary).
The median salary is 225,000 RSD per month, which means that half (50%) of people working as AML Analyst(s) are earning less than 225,000 RSD while the other half are earning more than 225,000 RSD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of AML Analyst(s) are earning less than 145,000 RSD while 75% of them are earning more than 145,000 RSD. Also from the diagram, 75% of AML Analyst(s) are earning less than 301,000 RSD while 25% are earning more than 301,000 RSD.
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down AML Analyst salaries by experience level and this is what we found.
An AML Analyst with less than two years of experience makes approximately 109,000 RSD per month.
While someone with an experience level between two and five years is expected to earn 146,000 RSD per month, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 215,000 RSD per month, 48% more than someone with two to five years of experience.
Additionally, AML Analyst(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 262,000 RSD per month, 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 286,000 RSD per month, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 309,000 RSD per month, 8% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+34%|
|5 - 10 Years||+48%|
|10 - 15 Years||+22%|
|15 - 20 Years||+9%|
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down AML Analyst salaries by education level in order to make a comparison.
When the education level is Certificate or Diploma, the average salary of an AML Analyst is 124,000 RSD per month.
While someone with a Bachelor's Degree gets a salary of 195,000 RSD per month, 57% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 327,000 RSD per month, 68% more than someone with a Bachelor's Degree.
|Certificate or Diploma|
A Master's degree program or any post-graduate program in Serbia costs anywhere from 701,000 Serbian Dinar(s) to 2,100,000 Serbian Dinar(s) and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male AML Analyst employees in Serbia earn 7% more than their female counterparts on average.
AML Analyst(s) in Serbia are likely to observe a salary increase of approximately 11% every 20 months. The national average annual increment for all professions combined is 7% granted to employees every 20 months.
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
Listed above are the average annual increase rates for each industry in Serbia for the year 2022. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
An AML Analyst is considered to be a high bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
19% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 81% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.
The most standard form of bonus where the employee is awarded based on their exceptional performance.Company Performance Bonuses
Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.Goal-Based Bonuses
Granted upon achieving an important goal or milestone.Holiday / End of Year Bonuses
These types of bonuses are given without a reason and usually resemble an appreciation token.
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
The main two types of jobs
|Revenue Generators||Supporting Cast|
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.
Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
The average salary for AML Analyst is 37% more than that of Banking. Also, Banking salaries are 9% more than those of All Jobs.
|Job Title||Average Salary|
|AML Analyst||209,000 RSD||+0%|
|Assistant Bank Branch Manager||170,000 RSD||-19%|
|Assistant Bank Manager||233,000 RSD||+12%|
|ATM Manager||196,000 RSD||-6%|
|ATM Service Technician||53,600 RSD||-74%|
|Bank Accounts Analyst||74,400 RSD||-64%|
|Bank Accounts Controller||103,000 RSD||-51%|
|Bank Accounts Executive||151,000 RSD||-28%|
|Bank Accounts Manager||174,000 RSD||-17%|
|Bank Auditing Manager||171,000 RSD||-18%|
|Bank Branch Manager||233,000 RSD||+12%|
|Bank Clerk||47,000 RSD||-77%|
|Bank Compliance Specialist||128,000 RSD||-39%|
|Bank Manager||271,000 RSD||+30%|
|Bank Operational Risk Manager||284,000 RSD||+36%|
|Bank Operations Head||281,000 RSD||+35%|
|Bank Operations Officer||112,000 RSD||-46%|
|Bank Operations Specialist||168,000 RSD||-19%|
|Bank Process Manager||152,000 RSD||-27%|
|Bank Product Manager||177,000 RSD||-15%|
|Bank Programme Manager||185,000 RSD||-11%|
|Bank Project Manager||220,000 RSD||+5%|
|Bank Propositions Manager||199,000 RSD||-5%|
|Bank Quantitative Analyst||141,000 RSD||-32%|
|Bank Regional Manager||287,000 RSD||+38%|
|Bank Regional Risk Officer||149,000 RSD||-29%|
|Bank Relationship Manager||209,000 RSD||+0%|
|Bank Relationship Officer||99,000 RSD||-53%|
|Banking Business Analyst||149,000 RSD||-29%|
|Banking Business Development Officer||96,000 RSD||-54%|
|Banking Business Planning Executive||206,000 RSD||-1%|
|Banking Product Manager||186,000 RSD||-11%|
|Banking Reference Data Manager||160,000 RSD||-23%|
|Banking Risk Analyst||138,000 RSD||-34%|
|Banking Technical Analyst||74,600 RSD||-64%|
|Bankruptcy Coordinator||99,100 RSD||-53%|
|Budget Analyst||139,000 RSD||-33%|
|Cards Marketing Manager||176,000 RSD||-16%|
|Cash Management Manager||266,000 RSD||+27%|
|Check Processing Manager||196,000 RSD||-6%|
|Commercial Vault Associate||144,000 RSD||-31%|
|Corporate Dealer||146,000 RSD||-30%|
|Credit Analyst||115,000 RSD||-45%|
|Credit and Collections Manager||198,000 RSD||-5%|
|Credit Card Fraud Investigator||151,000 RSD||-28%|
|Credit Portfolio Manager||275,000 RSD||+32%|
|Credit Risk Analyst||166,000 RSD||-20%|
|Credit Risk Associate||150,000 RSD||-28%|
|Direct Bank Sales Representative||103,000 RSD||-51%|
|Financial Bank Planning Consultant||190,000 RSD||-9%|
|Financial Banking Analysis Manager||210,000 RSD||+1%|
|Financial Banking Assistant||67,600 RSD||-68%|
|Financial Banking Systems Manager||192,000 RSD||-8%|
|Foreign Exchange Manager||204,000 RSD||-2%|
|Fraud Analyst||155,000 RSD||-26%|
|Fraud Detection Associate||111,000 RSD||-47%|
|Fraud Detection Manager||238,000 RSD||+14%|
|Fraud Detection Supervisor||133,000 RSD||-36%|
|Internal Bank Audit Manager||273,000 RSD||+31%|
|Internal Bank Auditor||144,000 RSD||-31%|
|International Banking Manager||303,000 RSD||+45%|
|Loan Analyst||151,000 RSD||-28%|
|Loan Area Manager||169,000 RSD||-19%|
|Loan Audit Team Leader||158,000 RSD||-24%|
|Loan Branch Manager||172,000 RSD||-18%|
|Loan Business Development Officer||92,300 RSD||-56%|
|Loan Clerk||53,600 RSD||-74%|
|Loan Collection Manager||180,000 RSD||-14%|
|Loan Collector||48,400 RSD||-77%|
|Loan Examiner||64,100 RSD||-69%|
|Loan Processing Manager||157,000 RSD||-25%|
|Loan Processor||65,200 RSD||-69%|
|Loan Quality Assurance Auditor||146,000 RSD||-30%|
|Loan Quality Assurance Manager||161,000 RSD||-23%|
|Loan Quality Assurance Representative||106,000 RSD||-49%|
|Loan Review Manager||159,000 RSD||-24%|
|Loan Team Leader||141,000 RSD||-32%|
|Mortgage Advisor||107,000 RSD||-49%|
|Mortgage Collection Manager||179,000 RSD||-14%|
|Mortgage Collector||49,500 RSD||-76%|
|Mortgage Credit Analyst||80,000 RSD||-62%|
|Mortgage Credit Manager||167,000 RSD||-20%|
|Mortgage Development Manager||190,000 RSD||-9%|
|Mortgage Document Reviewer||64,300 RSD||-69%|
|Mortgage Funding Manager||189,000 RSD||-9%|
|Mortgage Operations Manager||244,000 RSD||+17%|
|Mortgage Payment Processing Clerk||53,500 RSD||-74%|
|Mortgage Processing Manager||166,000 RSD||-20%|
|Mortgage Processor||64,900 RSD||-69%|
|Mortgage Quality Assurance Auditor||152,000 RSD||-27%|
|Mortgage Quality Assurance Manager||173,000 RSD||-17%|
|Mortgage Servicing Clerk||49,800 RSD||-76%|
|Mortgage Servicing Manager||157,000 RSD||-25%|
|Mortgage Underwriter||64,100 RSD||-69%|
|Online Banking Manager||256,000 RSD||+23%|
|Payment Processing Clerk||51,800 RSD||-75%|
|Personal Banker||109,000 RSD||-48%|
|Personal Banking Advisor||107,000 RSD||-49%|
|Phone Banker||72,100 RSD||-65%|
|Private Banker||105,000 RSD||-50%|
|Reconciliation and Investigation Specialist||124,000 RSD||-41%|
|Trade Officer||57,300 RSD||-73%|
|Trade Product Manager||180,000 RSD||-14%|
|Treasury Operations Officer||136,000 RSD||-35%|
|Novi Sad||215,000 RSD|
Where can you get paid more, working for a private company or for the government? Public sector employees in Serbia earn 14% more than their private sector counterparts on average across all sectors.
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