AML Analyst Average Salary in Germany 2023
How much money does an AML Analyst make in Germany?
LOW
2,660
EUR AVERAGE
5,780
EUR HIGH
9,200
EUR
A person working as an AML Analyst in Germany typically earns around 5,780 EUR per month. Salaries range from 2,660 EUR (lowest) to 9,200 EUR (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 Germany
The median, the maximum, the minimum, and the range
Salary Range
AML Analyst salaries in Germany range from 2,660 EUR per month (minimum salary) to 9,200 EUR per month (maximum salary).
Median Salary
The median salary is 6,250 EUR per month, which means that half (50%) of people working as AML Analyst(s) are earning less than 6,250 EUR while the other half are earning more than 6,250 EUR. 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 4,010 EUR while 75% of them are earning more than 4,010 EUR. Also from the diagram, 75% of AML Analyst(s) are earning less than 8,340 EUR while 25% are earning more than 8,340 EUR.
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?
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 3,020 EUR per month.
While someone with an experience level between two and five years is expected to earn 4,030 EUR 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 5,960 EUR 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 7,270 EUR 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 7,920 EUR 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 8,580 EUR per month, 8% more than people with fifteen to twenty years of experience.
AML Analyst average salary change by experience in Germany
| 0 - 2 Years | 3,020 EUR | |
| 2 - 5 Years | +34% | 4,030 EUR |
| 5 - 10 Years | +48% | 5,960 EUR |
| 10 - 15 Years | +22% | 7,270 EUR |
| 15 - 20 Years | +9% | 7,920 EUR |
| 20+ Years | +8% | 8,580 EUR |
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.
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 3,450 EUR per month.
While someone with a Bachelor's Degree gets a salary of 5,410 EUR per month, 57% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 9,070 EUR per month, 68% more than someone with a Bachelor's Degree.
AML Analyst average salary difference by education level in Germany
| Certificate or Diploma | 3,450 EUR | |
| Bachelor's Degree | +57% | 5,410 EUR |
| Master's Degree | +68% | 9,070 EUR |
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 Germany costs anywhere from 19,100 Euro(s) to 57,200 Euro(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
AML Analyst Salary Comparison By Gender
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 Germany earn 6% more than their female counterparts on average.
| Male | 5,950 EUR | |
| Female | -6% | 5,620 EUR |
Salary Comparison By Gender in Germany for all Careers
AML Analyst Average Annual Salary Increment Percentage in Germany
How much are annual salary increments in Germany for AML Analyst(s)? How often do employees get salary raises?
AML Analyst
AML Analyst(s) in Germany are likely to observe a salary increase of approximately 12% every 16 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.
Germany / 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 | 9% | |
| Energy | 9% | |
| Information Technology | 9% | |
| Healthcare | 9% | |
| Travel | 9% | |
| Construction | 9% | |
| Education | 9% |
Listed above are the average annual increase rates for each industry in Germany 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
AML Analyst Bonus and Incentive Rates in Germany
How much and how often are bonuses being awarded?
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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.
13% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 87% 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 | 87% | |
| No Bonus | 13% |
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 Average Hourly Wage in Germany
33 EUR per hourThe average hourly wage (pay per hour) in Germany is 33 EUR. This means that the average AML Analyst in Germany earns approximately 33 EUR for every worked hour.
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
The average salary for AML Analyst is 40% 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 | 5,780 EUR |  -0% |
| Assistant Bank Branch Manager | 4,780 EUR | -17% |
| Assistant Bank Manager | 6,390 EUR |  +10% |
| ATM Manager | 5,300 EUR | -8% |
| ATM Service Technician | 1,430 EUR | -75% |
| Bank Accounts Analyst | 2,180 EUR | -62% |
| Bank Accounts Controller | 2,640 EUR | -54% |
| Bank Accounts Executive | 4,240 EUR | -27% |
| Bank Accounts Manager | 4,830 EUR | -16% |
| Bank Auditing Manager | 5,000 EUR | -14% |
| Bank Branch Manager | 6,650 EUR | +15% |
| Bank Clerk | 1,230 EUR | -79% |
| Bank Compliance Specialist | 3,310 EUR | -43% |
| Bank Manager | 8,000 EUR | +38% |
| Bank Operational Risk Manager | 7,580 EUR | +31% |
| Bank Operations Head | 7,680 EUR | +33% |
| Bank Operations Officer | 2,980 EUR | -48% |
| Bank Operations Specialist | 4,910 EUR | -15% |
| Bank Process Manager | 4,370 EUR | -24% |
| Bank Product Manager | 4,790 EUR | -17% |
| Bank Programme Manager | 5,220 EUR | -10% |
| Bank Project Manager | 6,060 EUR | +5% |
| Bank Propositions Manager | 5,710 EUR | -1% |
| Bank Quantitative Analyst | 4,090 EUR | -29% |
| Bank Regional Manager | 7,980 EUR | +38% |
| Bank Regional Risk Officer | 4,220 EUR | -27% |
| Bank Relationship Manager | 5,740 EUR | -1% |
| Bank Relationship Officer | 2,710 EUR | -53% |
| Banker | 2,790 EUR | -52% |
| Banking Business Analyst | 4,090 EUR | -29% |
| Banking Business Development Officer | 2,610 EUR | -55% |
| Banking Business Planning Executive | 5,540 EUR | -4% |
| Banking Product Manager | 4,960 EUR | -14% |
| Banking Reference Data Manager | 4,330 EUR | -25% |
| Banking Risk Analyst | 3,860 EUR | -33% |
| Banking Technical Analyst | 2,040 EUR | -65% |
| Bankruptcy Coordinator | 2,860 EUR | -51% |
| Budget Analyst | 3,860 EUR | -33% |
| Cards Marketing Manager | 5,150 EUR | -11% |
| Cash Management Manager | 7,150 EUR | +24% |
| Check Processing Manager | 5,190 EUR | -10% |
| Commercial Vault Associate | 3,750 EUR | -35% |
| Corporate Dealer | 4,190 EUR | -28% |
| Credit Analyst | 3,250 EUR | -44% |
| Credit and Collections Manager | 5,540 EUR | -4% |
| Credit Card Fraud Investigator | 4,160 EUR | -28% |
| Credit Portfolio Manager | 7,790 EUR | +35% |
| Credit Risk Analyst | 4,680 EUR | -19% |
| Credit Risk Associate | 4,250 EUR | -27% |
| Direct Bank Sales Representative | 2,800 EUR | -52% |
| Financial Bank Planning Consultant | 5,360 EUR | -7% |
| Financial Banking Analysis Manager | 6,180 EUR | +7% |
| Financial Banking Assistant | 1,970 EUR | -66% |
| Financial Banking Systems Manager | 5,520 EUR | -5% |
| Foreign Exchange Manager | 5,790 EUR | +0% |
| Fraud Analyst | 4,350 EUR | -25% |
| Fraud Detection Associate | 2,810 EUR | -51% |
| Fraud Detection Manager | 6,160 EUR | +7% |
| Fraud Detection Supervisor | 3,680 EUR | -36% |
| Internal Bank Audit Manager | 7,400 EUR | +28% |
| Internal Bank Auditor | 3,860 EUR | -33% |
| International Banking Manager | 8,000 EUR | +38% |
| Loan Analyst | 4,180 EUR | -28% |
| Loan Area Manager | 4,730 EUR | -18% |
| Loan Audit Team Leader | 4,430 EUR | -23% |
| Loan Branch Manager | 4,760 EUR | -18% |
| Loan Business Development Officer | 2,520 EUR | -56% |
| Loan Clerk | 1,440 EUR | -75% |
| Loan Collection Manager | 4,800 EUR | -17% |
| Loan Collector | 1,260 EUR | -78% |
| Loan Examiner | 1,820 EUR | -69% |
| Loan Processing Manager | 4,410 EUR | -24% |
| Loan Processor | 1,810 EUR | -69% |
| Loan Quality Assurance Auditor | 3,990 EUR | -31% |
| Loan Quality Assurance Manager | 4,350 EUR | -25% |
| Loan Quality Assurance Representative | 3,140 EUR | -46% |
| Loan Review Manager | 4,660 EUR | -19% |
| Loan Team Leader | 4,080 EUR | -29% |
| Mortgage Advisor | 2,750 EUR | -52% |
| Mortgage Collection Manager | 4,550 EUR | -21% |
| Mortgage Collector | 1,380 EUR | -76% |
| Mortgage Credit Analyst | 2,200 EUR | -62% |
| Mortgage Credit Manager | 4,540 EUR | -22% |
| Mortgage Development Manager | 5,100 EUR | -12% |
| Mortgage Document Reviewer | 1,700 EUR | -71% |
| Mortgage Funding Manager | 5,480 EUR | -5% |
| Mortgage Operations Manager | 6,660 EUR | +15% |
| Mortgage Payment Processing Clerk | 1,590 EUR | -73% |
| Mortgage Processing Manager | 4,760 EUR | -18% |
| Mortgage Processor | 1,830 EUR | -68% |
| Mortgage Quality Assurance Auditor | 4,050 EUR | -30% |
| Mortgage Quality Assurance Manager | 4,550 EUR | -21% |
| Mortgage Servicing Clerk | 1,390 EUR | -76% |
| Mortgage Servicing Manager | 4,330 EUR | -25% |
| Mortgage Underwriter | 1,670 EUR | -71% |
| Online Banking Manager | 6,670 EUR | +15% |
| Payment Processing Clerk | 1,480 EUR | -74% |
| Personal Banker | 3,040 EUR | -47% |
| Personal Banking Advisor | 2,910 EUR | -50% |
| Phone Banker | 1,950 EUR | -66% |
| Private Banker | 2,950 EUR | -49% |
| Reconciliation and Investigation Specialist | 3,230 EUR | -44% |
| Teller | 1,310 EUR | -77% |
| Trade Officer | 1,710 EUR | -70% |
| Trade Product Manager | 4,810 EUR | -17% |
| Trader | 1,970 EUR | -66% |
| Treasury Operations Officer | 3,690 EUR | -36% |
Salary Comparison By City
| City | Average Salary |
| Berlin | 6,650 EUR |
| Bremen | 5,820 EUR |
| Dortmund | 5,310 EUR |
| Dresden | 5,330 EUR |
| Dusseldorf | 5,640 EUR |
| Essen | 5,480 EUR |
| Frankfurt | 5,970 EUR |
| Hamburg | 6,480 EUR |
| Hannover | 5,300 EUR |
| Koln | 6,140 EUR |
| Leipzig | 5,490 EUR |
| Munchen | 6,310 EUR |
| Nurnberg | 5,050 EUR |
| Stuttgart | 5,690 EUR |
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 Germany earn 5% more than their private sector counterparts on average across all sectors.
| Private Sector | 3,720 EUR | |
| Public Sector | +5% | 3,900 EUR |
