Browse Salaries
Best Paying Jobs
Salary Increase Letters
Career Articles

AML Analyst Average Salary in Serbia 2023

How much money does an AML Analyst make in Serbia?

Average Monthly Salary
209,000 RSD
( 2,500,000 RSD yearly)


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 Salary Distribution in Serbia

Median and salary distribution monthly Serbia AML Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/serbia/banking/aml-analyst/median-and-salary-distribution-monthly-serbia-aml-analyst.jpg

The median, the maximum, the minimum, and the range

  • Salary Range

    AML Analyst salaries in Serbia range from 96,000 RSD per month (minimum salary) to 332,000 RSD per month (maximum salary).

  • Median 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.

  • Percentiles

    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.

What is the difference between the median and the average salary?

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

AML Analyst Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Serbia AML Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/serbia/banking/aml-analyst/salary-comparison-by-years-of-experience-monthly-serbia-aml-analyst.jpg

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.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

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.

AML Analyst average salary change by experience in Serbia

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
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

AML Analyst Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different AML Analyst(s) who have the same experience but different education levels.

Salary comparison by education level monthly Serbia AML Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/serbia/banking/aml-analyst/salary-comparison-by-education-level-monthly-serbia-aml-analyst.jpg

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.

AML Analyst average salary difference by education level in Serbia

Certificate or Diploma
124,000 RSD
Bachelor's Degree+57%
195,000 RSD
Master's Degree+68%
327,000 RSD
Percentage increase and decrease are relative to the previous value

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 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.

Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg

AML Analyst Salary Comparison By Gender

Salary comparison by gender monthly Serbia AML Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/serbia/banking/aml-analyst/salary-comparison-by-gender-monthly-serbia-aml-analyst.jpg

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.

216,000 RSD
202,000 RSD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Serbia for all Careers

Salary comparison by gender monthly Serbia
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/serbia/salary-comparison-by-gender-monthly-serbia.jpg

AML Analyst Average Annual Salary Increment Percentage in Serbia

How much are annual salary increments in Serbia for AML Analyst(s)? How often do employees get salary raises?

AML Analyst

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.

Annual Salary Increment Rate Serbia AML Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/serbia/banking/aml-analyst/annual-salary-increment-rate-serbia-aml-analyst.jpg

The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Serbia / All Professions

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.

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

The average salary increase in one year (12 months) in Serbia is 4%.

Annual Increment Rate By Industry 2022

Information Technology

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

Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

AML Analyst Bonus and Incentive Rates in Serbia

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Serbia AML Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/serbia/banking/aml-analyst/annual-salary-bonus-rate-serbia-aml-analyst.jpg

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.

Received Bonus
No Bonus

Types of Bonuses Considered

Individual Performance-Based Bonuses

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.

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 GeneratorsSupporting 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.

A graphics designer working for a graphics designing company.

A graphic designer in the marketing department of a hospital.

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.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

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.

AML Analyst Average Hourly Wage in Serbia

1,200 RSD per hour

The average hourly wage (pay per hour) in Serbia is 1,200 RSD. This means that the average AML Analyst in Serbia earns approximately 1,200 RSD for every worked hour.

Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

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.

AML Analyst VS Other Jobs

Salary Comparison Between AML Analyst and Banking monthly Serbia
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/serbia/banking/aml-analyst/salary-comparison-between-aml-analyst-and-banking-monthly-serbia.jpg

The average salary for AML Analyst is 37% more than that of Banking. Also, Banking salaries are 9% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
AML Analyst209,000 RSD+0%
Assistant Bank Branch Manager170,000 RSD-19%
Assistant Bank Manager233,000 RSD+12%
ATM Manager196,000 RSD-6%
ATM Service Technician53,600 RSD-74%
Bank Accounts Analyst74,400 RSD-64%
Bank Accounts Controller103,000 RSD-51%
Bank Accounts Executive151,000 RSD-28%
Bank Accounts Manager174,000 RSD-17%
Bank Auditing Manager171,000 RSD-18%
Bank Branch Manager233,000 RSD+12%
Bank Clerk47,000 RSD-77%
Bank Compliance Specialist128,000 RSD-39%
Bank Manager271,000 RSD+30%
Bank Operational Risk Manager284,000 RSD+36%
Bank Operations Head281,000 RSD+35%
Bank Operations Officer112,000 RSD-46%
Bank Operations Specialist168,000 RSD-19%
Bank Process Manager152,000 RSD-27%
Bank Product Manager 177,000 RSD-15%
Bank Programme Manager185,000 RSD-11%
Bank Project Manager220,000 RSD+5%
Bank Propositions Manager199,000 RSD-5%
Bank Quantitative Analyst141,000 RSD-32%
Bank Regional Manager287,000 RSD+38%
Bank Regional Risk Officer149,000 RSD-29%
Bank Relationship Manager209,000 RSD+0%
Bank Relationship Officer99,000 RSD-53%
Banker99,500 RSD-52%
Banking Business Analyst149,000 RSD-29%
Banking Business Development Officer96,000 RSD-54%
Banking Business Planning Executive206,000 RSD-1%
Banking Product Manager186,000 RSD-11%
Banking Reference Data Manager160,000 RSD-23%
Banking Risk Analyst138,000 RSD-34%
Banking Technical Analyst74,600 RSD-64%
Bankruptcy Coordinator99,100 RSD-53%
Budget Analyst139,000 RSD-33%
Cards Marketing Manager176,000 RSD-16%
Cash Management Manager266,000 RSD+27%
Check Processing Manager196,000 RSD-6%
Commercial Vault Associate144,000 RSD-31%
Corporate Dealer146,000 RSD-30%
Credit Analyst115,000 RSD-45%
Credit and Collections Manager198,000 RSD-5%
Credit Card Fraud Investigator151,000 RSD-28%
Credit Portfolio Manager275,000 RSD+32%
Credit Risk Analyst166,000 RSD-20%
Credit Risk Associate150,000 RSD-28%
Direct Bank Sales Representative103,000 RSD-51%
Financial Bank Planning Consultant190,000 RSD-9%
Financial Banking Analysis Manager210,000 RSD+1%
Financial Banking Assistant67,600 RSD-68%
Financial Banking Systems Manager192,000 RSD-8%
Foreign Exchange Manager204,000 RSD-2%
Fraud Analyst155,000 RSD-26%
Fraud Detection Associate111,000 RSD-47%
Fraud Detection Manager238,000 RSD+14%
Fraud Detection Supervisor133,000 RSD-36%
Internal Bank Audit Manager273,000 RSD+31%
Internal Bank Auditor144,000 RSD-31%
International Banking Manager303,000 RSD+45%
Loan Analyst151,000 RSD-28%
Loan Area Manager169,000 RSD-19%
Loan Audit Team Leader158,000 RSD-24%
Loan Branch Manager172,000 RSD-18%
Loan Business Development Officer92,300 RSD-56%
Loan Clerk53,600 RSD-74%
Loan Collection Manager180,000 RSD-14%
Loan Collector48,400 RSD-77%
Loan Examiner64,100 RSD-69%
Loan Processing Manager157,000 RSD-25%
Loan Processor65,200 RSD-69%
Loan Quality Assurance Auditor146,000 RSD-30%
Loan Quality Assurance Manager161,000 RSD-23%
Loan Quality Assurance Representative106,000 RSD-49%
Loan Review Manager159,000 RSD-24%
Loan Team Leader141,000 RSD-32%
Mortgage Advisor107,000 RSD-49%
Mortgage Collection Manager179,000 RSD-14%
Mortgage Collector49,500 RSD-76%
Mortgage Credit Analyst80,000 RSD-62%
Mortgage Credit Manager167,000 RSD-20%
Mortgage Development Manager190,000 RSD-9%
Mortgage Document Reviewer64,300 RSD-69%
Mortgage Funding Manager189,000 RSD-9%
Mortgage Operations Manager244,000 RSD+17%
Mortgage Payment Processing Clerk53,500 RSD-74%
Mortgage Processing Manager166,000 RSD-20%
Mortgage Processor64,900 RSD-69%
Mortgage Quality Assurance Auditor152,000 RSD-27%
Mortgage Quality Assurance Manager173,000 RSD-17%
Mortgage Servicing Clerk49,800 RSD-76%
Mortgage Servicing Manager157,000 RSD-25%
Mortgage Underwriter64,100 RSD-69%
Online Banking Manager256,000 RSD+23%
Payment Processing Clerk51,800 RSD-75%
Personal Banker109,000 RSD-48%
Personal Banking Advisor 107,000 RSD-49%
Phone Banker72,100 RSD-65%
Private Banker105,000 RSD-50%
Reconciliation and Investigation Specialist124,000 RSD-41%
Teller48,400 RSD-77%
Trade Officer57,300 RSD-73%
Trade Product Manager180,000 RSD-14%
Trader75,000 RSD-64%
Treasury Operations Officer136,000 RSD-35%

Salary Comparison By City

CityAverage Salary
Belgrade227,000 RSD
Novi Sad215,000 RSD

Government vs Private Sector Salary Comparison

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.

Private Sector
131,000 RSD
Public Sector+14%
150,000 RSD
Percentage increase and decrease are relative to the previous value

Browse Salaries

Salary Increase Letters

Best Paying Jobs
HomePrivacy PolicySalary Comparison

©Salary Explorer 2023