A person working as an AML Analyst in Hong Kong typically earns around 52,300 HKD per month. Salaries range from 24,100 HKD (lowest) to 83,200 HKD (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 Hong Kong range from 24,100 HKD per month (minimum salary) to 83,200 HKD per month (maximum salary).
The median salary is 56,500 HKD per month, which means that half (50%) of people working as AML Analyst(s) are earning less than 56,500 HKD while the other half are earning more than 56,500 HKD. 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 36,300 HKD while 75% of them are earning more than 36,300 HKD. Also from the diagram, 75% of AML Analyst(s) are earning less than 75,400 HKD while 25% are earning more than 75,400 HKD.
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 27,300 HKD per month.
While someone with an experience level between two and five years is expected to earn 36,500 HKD 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 53,900 HKD 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 65,800 HKD 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 71,700 HKD 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 77,600 HKD 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 31,200 HKD per month.
While someone with a Bachelor's Degree gets a salary of 48,900 HKD per month, 57% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 82,000 HKD 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 Hong Kong costs anywhere from 183,000 Hong Kong Dollar(s) to 549,000 Hong Kong Dollar(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 Hong Kong earn 12% more than their female counterparts on average.
AML Analyst(s) in Hong Kong are likely to observe a salary increase of approximately 8% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 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 Hong Kong 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.
33% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 67% 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 32% more than that of Banking. Also, Banking salaries are 9% more than those of All Jobs.
|Job Title||Average Salary|
|AML Analyst||52,300 HKD||-0%|
|Assistant Bank Branch Manager||43,700 HKD||-16%|
|Assistant Bank Manager||58,800 HKD||+12%|
|ATM Manager||49,500 HKD||-5%|
|ATM Service Technician||13,600 HKD||-74%|
|Bank Accounts Analyst||19,600 HKD||-63%|
|Bank Accounts Controller||25,600 HKD||-51%|
|Bank Accounts Executive||37,800 HKD||-28%|
|Bank Accounts Manager||43,700 HKD||-16%|
|Bank Auditing Manager||43,700 HKD||-16%|
|Bank Branch Manager||59,800 HKD||+14%|
|Bank Clerk||12,400 HKD||-76%|
|Bank Compliance Specialist||33,900 HKD||-35%|
|Bank Manager||75,900 HKD||+45%|
|Bank Operational Risk Manager||69,900 HKD||+34%|
|Bank Operations Head||78,000 HKD||+49%|
|Bank Operations Officer||29,600 HKD||-43%|
|Bank Operations Specialist||47,300 HKD||-10%|
|Bank Process Manager||40,500 HKD||-23%|
|Bank Product Manager||49,500 HKD||-5%|
|Bank Programme Manager||47,700 HKD||-9%|
|Bank Project Manager||57,300 HKD||+10%|
|Bank Propositions Manager||54,400 HKD||+4%|
|Bank Quantitative Analyst||37,300 HKD||-29%|
|Bank Regional Manager||74,200 HKD||+42%|
|Bank Regional Risk Officer||39,700 HKD||-24%|
|Bank Relationship Manager||54,200 HKD||+4%|
|Bank Relationship Officer||24,900 HKD||-52%|
|Banking Business Analyst||38,700 HKD||-26%|
|Banking Business Development Officer||25,000 HKD||-52%|
|Banking Business Planning Executive||55,700 HKD||+6%|
|Banking Product Manager||45,800 HKD||-12%|
|Banking Reference Data Manager||40,400 HKD||-23%|
|Banking Risk Analyst||36,900 HKD||-29%|
|Banking Technical Analyst||20,800 HKD||-60%|
|Bankruptcy Coordinator||28,000 HKD||-46%|
|Budget Analyst||35,900 HKD||-31%|
|Cards Marketing Manager||46,200 HKD||-12%|
|Cash Management Manager||69,800 HKD||+33%|
|Check Processing Manager||51,400 HKD||-2%|
|Commercial Vault Associate||36,800 HKD||-30%|
|Corporate Dealer||40,000 HKD||-24%|
|Credit Analyst||30,600 HKD||-42%|
|Credit and Collections Manager||53,000 HKD||+1%|
|Credit Card Fraud Investigator||40,500 HKD||-23%|
|Credit Portfolio Manager||68,200 HKD||+30%|
|Credit Risk Analyst||42,900 HKD||-18%|
|Credit Risk Associate||40,000 HKD||-24%|
|Direct Bank Sales Representative||27,700 HKD||-47%|
|Financial Bank Planning Consultant||50,400 HKD||-4%|
|Financial Banking Analysis Manager||57,100 HKD||+9%|
|Financial Banking Assistant||18,500 HKD||-65%|
|Financial Banking Systems Manager||52,600 HKD||+1%|
|Foreign Exchange Manager||56,100 HKD||+7%|
|Fraud Analyst||38,700 HKD||-26%|
|Fraud Detection Associate||27,700 HKD||-47%|
|Fraud Detection Manager||61,300 HKD||+17%|
|Fraud Detection Supervisor||33,300 HKD||-36%|
|Internal Bank Audit Manager||69,100 HKD||+32%|
|Internal Bank Auditor||36,700 HKD||-30%|
|International Banking Manager||77,200 HKD||+48%|
|Loan Analyst||36,800 HKD||-30%|
|Loan Area Manager||45,300 HKD||-13%|
|Loan Audit Team Leader||42,400 HKD||-19%|
|Loan Branch Manager||41,900 HKD||-20%|
|Loan Business Development Officer||22,500 HKD||-57%|
|Loan Clerk||13,100 HKD||-75%|
|Loan Collection Manager||44,200 HKD||-16%|
|Loan Collector||12,000 HKD||-77%|
|Loan Examiner||15,900 HKD||-70%|
|Loan Processing Manager||39,200 HKD||-25%|
|Loan Processor||16,300 HKD||-69%|
|Loan Quality Assurance Auditor||40,500 HKD||-23%|
|Loan Quality Assurance Manager||44,900 HKD||-14%|
|Loan Quality Assurance Representative||29,800 HKD||-43%|
|Loan Review Manager||44,900 HKD||-14%|
|Loan Team Leader||40,000 HKD||-24%|
|Mortgage Advisor||27,400 HKD||-48%|
|Mortgage Collection Manager||46,100 HKD||-12%|
|Mortgage Collector||12,800 HKD||-76%|
|Mortgage Credit Analyst||20,800 HKD||-60%|
|Mortgage Credit Manager||43,600 HKD||-17%|
|Mortgage Development Manager||49,800 HKD||-5%|
|Mortgage Document Reviewer||16,900 HKD||-68%|
|Mortgage Funding Manager||50,000 HKD||-4%|
|Mortgage Operations Manager||65,900 HKD||+26%|
|Mortgage Payment Processing Clerk||14,500 HKD||-72%|
|Mortgage Processing Manager||44,100 HKD||-16%|
|Mortgage Processor||17,300 HKD||-67%|
|Mortgage Quality Assurance Auditor||37,400 HKD||-29%|
|Mortgage Quality Assurance Manager||42,700 HKD||-18%|
|Mortgage Servicing Clerk||13,300 HKD||-75%|
|Mortgage Servicing Manager||42,200 HKD||-19%|
|Mortgage Underwriter||15,900 HKD||-70%|
|Online Banking Manager||65,400 HKD||+25%|
|Payment Processing Clerk||13,300 HKD||-75%|
|Personal Banker||26,300 HKD||-50%|
|Personal Banking Advisor||28,700 HKD||-45%|
|Phone Banker||18,200 HKD||-65%|
|Private Banker||27,000 HKD||-48%|
|Reconciliation and Investigation Specialist||30,800 HKD||-41%|
|Trade Officer||15,500 HKD||-70%|
|Trade Product Manager||44,400 HKD||-15%|
|Treasury Operations Officer||35,400 HKD||-32%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Hong Kong earn 10% more than their private sector counterparts on average across all sectors.
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