AML Analyst Average Salary in Sri Lanka 2023
How much money does a person working as AML Analyst make in Sri Lanka?
LOW
67,300
LKR AVERAGE
146,000
LKR HIGH
232,000
LKR
A person working as AML Analyst in Sri Lanka typically earns around 146,000 LKR per month. Salaries range from 67,300 LKR (lowest) to 232,000 LKR (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 Pay Scale and Salaries in Sri Lanka
Salary Structure and Pay Scale Comparison
139,000 LKR or more
122,000 to 139,000 LKR
83,700 LKR or less
83,700 to 122,000 LKR
 67,300 LKR |
140,000 LKR |
232,000 LKR |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
AML Analyst salaries in Sri Lanka range from 67,300 LKR per month (starting salary) to 232,000 LKR per month (maximum salary). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.
Median Salary
The median salary is 140,000 LKR per month, which means that half (50%) of people working as AML Analyst(s) are earning less than 140,000 LKR while the other half are earning more than 140,000 LKR. 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 and Salary Scale
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 113,000 LKR while 75% of them are earning more than 113,000 LKR. Also from the diagram, 75% of AML Analyst(s) are earning less than 161,000 LKR while 25% are earning more than 161,000 LKR.
Pay Scale Structure
We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights on how salaries are actually distributed. Around 65% of all reported figures are in the range 83,700 LKR to 122,000 LKR. Approximatly 20% fall under the 83,700 LKR cap. Ten percent of wages are from 122,000 LKR to 139,000 LKR. Only 5% of people grossed 139,000 LKR or more.
AML Analyst Salary Comparison by Years of Experience
How does experience and age affect your pay?
AML Analyst average salary change by experience in Sri Lanka
| 0 - 2 Years | 76,300 LKR | |
| 2 - 5 Years | +34% | 102,000 LKR |
| 5 - 10 Years | +48% | 151,000 LKR |
| 10 - 15 Years | +22% | 184,000 LKR |
| 15 - 20 Years | +9% | 200,000 LKR |
| 20+ Years | +8% | 217,000 LKR |
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.
Employees with less than two years of experience makes approximately 76,300 LKR per month.
While someone with an experience level between two and five years is expected to earn 102,000 LKR 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 151,000 LKR per month, 48% more than someone with two to five years of experience.
Additionally, AML Analyst whose expertise span anywhere between ten and fifteen years get a salary equivalent to 184,000 LKR 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 200,000 LKR 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 217,000 LKR per month, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
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.
AML Analyst average salary difference by education level in Sri Lanka
| Certificate or Diploma | 87,100 LKR | |
| Bachelor's Degree | +57% | 137,000 LKR |
| Master's Degree | +68% | 229,000 LKR |
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 is 87,100 LKR per month.
While someone with a Bachelor's Degree gets a salary of 137,000 LKR per month, 57% more than someone having a Certificate or Diploma degree.
People with Master's Degree have an average salary of 229,000 LKR per month, 68% more than someone with a Bachelor's Degree.
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 Sri Lanka costs anywhere from 449,000 Sri Lanka Rupee(s) to 1,350,000 Sri Lanka Rupee(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 and Compensation Comparison By Gender - AML Analyst
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 Sri Lanka earn 17% more than their female counterparts on average.
| Male | 158,000 LKR | |
| Female | -14% | 135,000 LKR |
Salary Comparison By Gender in Sri Lanka for all Careers
AML Analyst Average Annual Salary Increment Percentage in Sri Lanka
How much are annual salary increments in Sri Lanka for AML Analyst(s)? How often do employees get salary raises?
AML Analyst
AML Analyst(s) in Sri Lanka are likely to observe a salary increase of approximately 13% every 17 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.
Sri Lanka / 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
Annual Increment Rate By Industry 2022
| Banking | 6% | |
| Energy | 3% | |
| Information Technology | 9% | |
| Healthcare | 6% | |
| Travel | 3% | |
| Construction | 9% | |
| Education | 6% |
Listed above are the average annual increase rates for each industry in Sri Lanka 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.
AML Analyst Bonus and Incentive Rates in Sri Lanka
How much and how often are bonuses being awarded?
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"AML Analyst" is considered to be a high bonus-based job. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
16% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 84% 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 | 84% | |
| No Bonus | 16% |
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.
AML Analyst Salary Trend and Forecast in Sri Lanka
How are AML Analyst salaries changing over time? Listed below is a chart that shows the average salary in recent years.
| Average Salary 2019 | 126,000 LKR | |
| Average Salary 2020 | +4% | 131,000 LKR |
| Average Salary 2021 | +4% | 136,000 LKR |
| Average Salary 2022 | +4% | 141,000 LKR |
AML Analyst salaries in Sri Lanka are on the rise in the year 2023 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2022 are 4% higher than those of 2021. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from industry to another.
AML Analyst Average Hourly Wage in Sri Lanka
840 LKR per hourThe average hourly wage (pay per hour) in Sri Lanka is 840 LKR. This means that the average AML Analyst in Sri Lanka earns approximately 840 LKR 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 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.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for 'AML Analyst' in Sri Lanka is 390 LKR. 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
The average salary for AML Analyst is 50% more than that of Banking. Also, Banking salaries are 9% more than those of All Jobs.
Salary comparison with similar jobs
| Job Title | Average Salary |
| AML Analyst | 146,000 LKR |  -0% |
| Assistant Bank Branch Manager | 128,000 LKR | -12% |
| Assistant Bank Manager | 165,000 LKR |  +13% |
| ATM Manager | 140,000 LKR | -4% |
| ATM Service Technician | 38,800 LKR | -73% |
| Bank Accounts Analyst | 52,500 LKR | -64% |
| Bank Accounts Controller | 70,400 LKR | -52% |
| Bank Accounts Executive | 105,000 LKR | -28% |
| Bank Accounts Manager | 122,000 LKR | -17% |
| Bank Auditing Manager | 125,000 LKR | -15% |
| Bank Branch Manager | 174,000 LKR | +19% |
| Bank Clerk | 31,100 LKR | -79% |
| Bank Compliance Specialist | 85,600 LKR | -41% |
| Bank Manager | 201,000 LKR | +37% |
| Bank Operational Risk Manager | 193,000 LKR | +32% |
| Bank Operations Head | 204,000 LKR | +40% |
| Bank Operations Officer | 75,400 LKR | -48% |
| Bank Operations Specialist | 126,000 LKR | -14% |
| Bank Process Manager | 107,000 LKR | -27% |
| Bank Product Manager | 130,000 LKR | -11% |
| Bank Programme Manager | 140,000 LKR | -4% |
| Bank Project Manager | 150,000 LKR | +3% |
| Bank Propositions Manager | 142,000 LKR | -3% |
| Bank Quantitative Analyst | 95,800 LKR | -34% |
| Bank Regional Manager | 214,000 LKR | +46% |
| Bank Regional Risk Officer | 101,000 LKR | -31% |
| Bank Relationship Manager | 142,000 LKR | -3% |
| Bank Relationship Officer | 68,400 LKR | -53% |
| Banker | 70,700 LKR | -52% |
| Banking Business Analyst | 104,000 LKR | -29% |
| Banking Business Development Officer | 61,400 LKR | -58% |
| Banking Business Planning Executive | 146,000 LKR | -0% |
| Banking Product Manager | 127,000 LKR | -13% |
| Banking Reference Data Manager | 114,000 LKR | -22% |
| Banking Risk Analyst | 99,300 LKR | -32% |
| Banking Technical Analyst | 55,600 LKR | -62% |
| Bankruptcy Coordinator | 75,300 LKR | -49% |
| Budget Analyst | 106,000 LKR | -28% |
| Cards Marketing Manager | 124,000 LKR | -15% |
| Cash Management Manager | 172,000 LKR | +18% |
| Check Processing Manager | 128,000 LKR | -12% |
| Commercial Vault Associate | 104,000 LKR | -29% |
| Corporate Dealer | 107,000 LKR | -27% |
| Credit Analyst | 77,700 LKR | -47% |
| Credit and Collections Manager | 136,000 LKR | -7% |
| Credit Card Fraud Investigator | 104,000 LKR | -29% |
| Credit Portfolio Manager | 193,000 LKR | +32% |
| Credit Risk Analyst | 120,000 LKR | -18% |
| Credit Risk Associate | 107,000 LKR | -27% |
| Direct Bank Sales Representative | 71,800 LKR | -51% |
| Financial Bank Planning Consultant | 128,000 LKR | -12% |
| Financial Banking Analysis Manager | 150,000 LKR | +3% |
| Financial Banking Assistant | 48,900 LKR | -67% |
| Financial Banking Systems Manager | 140,000 LKR | -4% |
| Foreign Exchange Manager | 151,000 LKR | +3% |
| Fraud Analyst | 110,000 LKR | -25% |
| Fraud Detection Associate | 74,900 LKR | -49% |
| Fraud Detection Manager | 166,000 LKR | +14% |
| Fraud Detection Supervisor | 90,900 LKR | -38% |
| Internal Bank Audit Manager | 191,000 LKR | +31% |
| Internal Bank Auditor | 102,000 LKR | -30% |
| International Banking Manager | 216,000 LKR | +48% |
| Loan Analyst | 99,700 LKR | -32% |
| Loan Area Manager | 122,000 LKR | -17% |
| Loan Audit Team Leader | 114,000 LKR | -22% |
| Loan Branch Manager | 113,000 LKR | -23% |
| Loan Business Development Officer | 61,400 LKR | -58% |
| Loan Clerk | 36,000 LKR | -75% |
| Loan Collection Manager | 122,000 LKR | -17% |
| Loan Collector | 33,700 LKR | -77% |
| Loan Examiner | 45,100 LKR | -69% |
| Loan Processing Manager | 112,000 LKR | -23% |
| Loan Processor | 46,800 LKR | -68% |
| Loan Quality Assurance Auditor | 106,000 LKR | -28% |
| Loan Quality Assurance Manager | 118,000 LKR | -19% |
| Loan Quality Assurance Representative | 79,000 LKR | -46% |
| Loan Review Manager | 120,000 LKR | -18% |
| Loan Team Leader | 107,000 LKR | -27% |
| Mortgage Advisor | 74,100 LKR | -49% |
| Mortgage Collection Manager | 125,000 LKR | -15% |
| Mortgage Collector | 35,100 LKR | -76% |
| Mortgage Credit Analyst | 51,900 LKR | -65% |
| Mortgage Credit Manager | 110,000 LKR | -25% |
| Mortgage Development Manager | 126,000 LKR | -14% |
| Mortgage Document Reviewer | 43,100 LKR | -71% |
| Mortgage Funding Manager | 128,000 LKR | -12% |
| Mortgage Operations Manager | 175,000 LKR | +20% |
| Mortgage Payment Processing Clerk | 38,800 LKR | -73% |
| Mortgage Processing Manager | 114,000 LKR | -22% |
| Mortgage Processor | 45,000 LKR | -69% |
| Mortgage Quality Assurance Auditor | 101,000 LKR | -31% |
| Mortgage Quality Assurance Manager | 116,000 LKR | -21% |
| Mortgage Servicing Clerk | 34,900 LKR | -76% |
| Mortgage Servicing Manager | 111,000 LKR | -24% |
| Mortgage Underwriter | 43,500 LKR | -70% |
| Online Banking Manager | 185,000 LKR | +27% |
| Payment Processing Clerk | 37,800 LKR | -74% |
| Personal Banker | 72,600 LKR | -50% |
| Personal Banking Advisor | 74,500 LKR | -49% |
| Phone Banker | 50,400 LKR | -66% |
| Private Banker | 77,300 LKR | -47% |
| Reconciliation and Investigation Specialist | 84,200 LKR | -42% |
| Teller | 33,400 LKR | -77% |
| Trade Officer | 41,600 LKR | -72% |
| Trade Product Manager | 120,000 LKR | -18% |
| Trader | 50,300 LKR | -66% |
| Treasury Operations Officer | 86,800 LKR | -41% |
Salary Comparison By City
| City | Average Salary |
| Colombo | 152,000 LKR |
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 Sri Lanka earn 8% more than their private sector counterparts on average across all sectors.
| Private Sector | 86,000 LKR | |
| Public Sector | +8% | 92,500 LKR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for AML Analyst in Sri Lanka?
A good and competitive compensation would range anywhere between 140,000 LKR and 161,000 LKR. This is a very rough estimate and your experience and education will play a very huge part into your 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 salart after tax for every career.
Base / Basic Salary
The base salary for AML Analyst in Sri Lanka is ranges from 113,000 LKR to 161,000 LKR. 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 in 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 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
