AML Analyst Average Salary in Serbia 2023
How much money does a person working as AML Analyst make in Serbia?
LOW
96,000
RSD AVERAGE
209,000
RSD HIGH
332,000
RSD
A person working as AML Analyst in Serbia typically earns around 209,000 RSD. Salaries range from 96,000 RSD (lowest) to 332,000 RSD (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. AML Analyst salaries in Serbia vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
AML Analyst Pay Scale and Salaries in Serbia
Salary Structure and Pay Scale Comparison
198,000 RSD or more
173,000 to 198,000 RSD
119,000 RSD or less
119,000 to 173,000 RSD
 96,000 RSD |
199,000 RSD |
332,000 RSD |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position AML Analyst in Serbia range from 96,000 RSD (starting salary) to 332,000 RSD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 199,000 RSD, half of the professionals who work as AML Analyst in Serbia earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as AML Analyst in Serbia earn less than 161,000 RSD, while 75% earn more. Similarly, the chart shows that 75% earn less than 230,000 RSD while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title AML Analyst in Serbia compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 119,000 RSD to 173,000 RSD. About 20% of salaries are below the 119,000 RSD mark, while 10% fall within the range of 173,000 RSD to 198,000 RSD. Only 5% of individuals have salaries exceeding 198,000 RSD.
Salary Comparison by Years of Experience / AML Analyst / Serbia
How do experience and age affect pay?
| 0 - 2 Years | 109,000 RSD | |
| 2 - 5 Years | +34% | 146,000 RSD |
| 5 - 10 Years | +48% | 215,000 RSD |
| 10 - 15 Years | +22% | 262,000 RSD |
| 15 - 20 Years | +9% | 286,000 RSD |
| 20+ Years | +8% | 309,000 RSD |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as AML Analyst and this is what we found.
Employees with less than two years of experience earn approximately 109,000 RSD.
While someone with an experience level between two and five years is expected to earn 146,000 RSD, 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, 48% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 262,000 RSD, 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, 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, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / AML Analyst / Serbia
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as AML Analyst.
| Certificate or Diploma | 124,000 RSD | |
| Bachelor's Degree | +57% | 195,000 RSD |
| Master's Degree | +68% | 327,000 RSD |
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 salaries by education level for the position AML Analyst in order to make a comparison.
Level 1: Certificate or Diploma
Employees at this education level have an average salary of 124,000 RSD.
Level 2: Bachelor's Degree
At this level, the average salary becomes 195,000 RSD, 57% more than the previous level.
Level 3: Master's Degree
At this level, the average salary becomes 327,000 RSD, 68% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Serbia costs anywhere from 701,000 RSD to 2,100,000 RSD 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 to a higher-paying job. The numbers seem to support the theory. 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.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / AML Analyst / Serbia
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as AML Analyst in Serbia, the average difference between the salary of male and female employees is 7%.
| Male | 216,000 RSD | |
| Female | -6% | 202,000 RSD |
Salary Comparison By Gender in Serbia for all Careers
Average Annual Salary Increment Percentage / AML Analyst / Serbia
How much are annual salary increments in Serbia for individuals working as AML Analyst? How often do employees get salary raises?
Individuals working as AML Analyst 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.
Serbia / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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.
How to calculate the salary increment percentage?
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
Annual Increment Rate By Industry 2022
| Banking | 4% | |
| Energy | 8% | |
| Information Technology | 3% | |
| Healthcare | 7% | |
| Travel | 2% | |
| Construction | 6% | |
| Education | 1% |
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.
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / AML Analyst / Serbia
How much and how often are bonuses being awarded?
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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.
| Received Bonus | 81% | |
| No Bonus | 19% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
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.
What makes a position worthy of good bonuses and a high salary?
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. |
Example: | Example: |
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.
Bonus Comparison by Seniority Level
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.
Salary Trend and Forecast / AML Analyst / Serbia
How are salaries changing over time? Listed below is a chart that shows the average salary in recent years.
| Average Salary 2019 | 180,000 RSD | |
| Average Salary 2020 | +4% | 187,000 RSD |
| Average Salary 2021 | +4% | 194,000 RSD |
| Average Salary 2022 | +4% | 201,000 RSD |
Salaries for individuals working as AML Analyst in Serbia are on the rise in the year 2023 based on recently submitted salaries and reports. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from one industry to another.
Average Hourly Wage / AML Analyst / Serbia
1,200 RSD per hourThe average hourly wage (pay per hour) for individuals working as AML Analyst in Serbia is 1,200 RSD.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
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 fixed 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.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as AML Analyst in Serbia is 550 RSD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
AML Analyst VS Other Jobs
Salary comparison with similar 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% |
| Banker | 99,500 RSD | -52% |
| 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% |
| Teller | 48,400 RSD | -77% |
| Trade Officer | 57,300 RSD | -73% |
| Trade Product Manager | 180,000 RSD | -14% |
| Trader | 75,000 RSD | -64% |
| Treasury Operations Officer | 136,000 RSD | -35% |
Salary Comparison By City
| City | Average Salary |
| Belgrade | 227,000 RSD |
| Novi Sad | 215,000 RSD |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Serbia is 14% on average across all career fields.
| Private Sector | 131,000 RSD | |
| Public Sector | +14% | 150,000 RSD |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title AML Analyst in Serbia?
A good and competitive compensation would range anywhere between 199,000 RSD and 230,000 RSD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like AML Analyst in Serbia ranges from 161,000 RSD to 230,000 RSD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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
