Ok Reddit, time for some banking education. In the majority of banks, role structure works as below;
Directors - In charge of broad functional areas, what you would call ‘executives’ in general public terms.
Manager - In charge of specific departments. In my experience is what you would call directors and VPs in other industries.
VP - Salaried employees and low to mid level managers.
Associate - Hourly employees.
You’ll get variations depending on the bank, most commonly having the high end of one category in the low pay range of the bucket above it (example - high end departments lead may be a director without a C-level designation depend on the number of people under them). Most large banks more or less follow this layout. So as others have pointed out, this not a $60k job. This in a minimum 10+ years of managing in financial crimes to be seriously considered level, $200k + large bonus level job.
hurtfullobster t1_jc6ocnv wrote
Reply to comment by leetskeet in Silicon Valley Bank posted 'financial crimes' senior manager job listing just before closure by carolinaindian02
Ok Reddit, time for some banking education. In the majority of banks, role structure works as below;
Directors - In charge of broad functional areas, what you would call ‘executives’ in general public terms.
Manager - In charge of specific departments. In my experience is what you would call directors and VPs in other industries.
VP - Salaried employees and low to mid level managers.
Associate - Hourly employees.
You’ll get variations depending on the bank, most commonly having the high end of one category in the low pay range of the bucket above it (example - high end departments lead may be a director without a C-level designation depend on the number of people under them). Most large banks more or less follow this layout. So as others have pointed out, this not a $60k job. This in a minimum 10+ years of managing in financial crimes to be seriously considered level, $200k + large bonus level job.