CERTIFIED E-3 AUSTRALIAN FY 2025

Director, Treasury

American Express National Bank · New York, New York

Case #I-203-24348-543182

In FY2025, American Express National Bank sought E-3 AUSTRALIAN sponsorship for a Director, Treasury in New York, New York at $195k per year, which is 2% above the prevailing wage of $191k. The case was certified in 7 days during the FY FY2025 cycle. This position is for continued employment.

$195k
Annual Salary
$191k
Prevailing Wage
+2.2%
Wage Premium
1
Positions

Filing Details

Case NumberI-203-24348-543182
Case StatusCertified
Visa ClassE-3 AUSTRALIAN
Fiscal YearFY 2025
EmployerAmerican Express National Bank
Employer LocationNew York, New York
Job TitleDirector, Treasury
SOC Code11-303101 – Treasurers and Controllers
WorksiteNew York, New York
Annual Wage$195k
Prevailing Wage$191k
Wage Premium+2.2%
Positions1 (0 new, 0 continued)

Timeline

Dec 13, 2024
Received
Dec 20, 2024
Decision
Dec 20, 2024
Employment Start
Dec 19, 2026
Employment End

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About This H-1B Filing

This Labor Condition Application (LCA) was filed by American Express National Bank for the position of Director, Treasury in New York, New York. The offered annual salary is $195k, compared to the prevailing wage of $191k for this occupation and location. This represents a wage premium of +2.2% above the prevailing wage.

The LCA is the first step in the H-1B visa process. Employers must file an LCA with the Department of Labor certifying that they will pay the foreign worker at least the prevailing wage for the occupation in the area of intended employment. A certified LCA is required before the employer can file an H-1B petition with USCIS.

Case status: Certified. This means the Department of Labor has certified that the employer meets the wage and working condition requirements.

Understanding This LCA Filing

A Labor Condition Application (LCA) is a mandatory document that U.S. employers must file with the U.S. Department of Labor (DOL) before they can petition for a foreign worker under the H-1B, H-1B1, or E-3 visa categories. The LCA process was established under the Immigration and Nationality Act (INA) to protect both foreign and domestic workers by ensuring fair wages and working conditions.

Why Employers File LCAs

When a U.S. company identifies a foreign national to fill a specialty occupation position, they must first obtain DOL certification through the LCA process before filing the H-1B petition (Form I-129) with U.S. Citizenship and Immigration Services (USCIS). In this case, American Express National Bank filed LCA case number I-203-24348-543182 to sponsor a Director, Treasury position at their worksite in New York, New York. By filing this LCA, the employer attests to four key conditions: (1) paying the higher of the actual wage or prevailing wage, (2) providing working conditions that will not adversely affect other similarly employed workers, (3) no strike or lockout at the worksite, and (4) providing notice of the filing to the bargaining representative or posting notice at the worksite.

What Wage Levels Mean

The DOL establishes four wage levels for each occupation and geographic area, representing the progression from entry-level to fully competent workers:

For this filing, the offered wage of $195k compares to the DOL prevailing wage of $191k for Treasurers and Controllers positions in the New York, New York area. The positive wage premium of +2.2% indicates the employer is offering above the DOL-determined average for this occupation and location.

What is Prevailing Wage?

The prevailing wage is the average wage paid to similarly employed workers in a specific occupation in the area of intended employment. The DOL determines prevailing wages using data from the Occupational Employment and Wage Statistics (OEWS) survey conducted by the Bureau of Labor Statistics (BLS). Employers must pay H-1B workers the higher of the prevailing wage or the actual wage paid to other employees in similar positions at the company. This requirement is designed to prevent employers from using H-1B workers to undercut domestic wages.

How to Interpret This Data

What Certified Means for This Application

A "Certified" status means the DOL has reviewed American Express National Bank's attestations and determined that the LCA meets all regulatory requirements. The employer has demonstrated that the offered wage of $195k meets or exceeds the prevailing wage for Director, Treasury positions in the New York, New York area. It is important to understand that LCA certification does not guarantee H-1B visa approval. The next step is for the employer to file Form I-129 with USCIS, which evaluates whether the position qualifies as a specialty occupation and whether the beneficiary has the required qualifications.

Processing Time

This LCA was received by the DOL on Dec 13, 2024 and a decision was rendered on Dec 20, 2024, a processing time of approximately 7 business days. The standard DOL processing time for LCA applications is 7 to 10 business days. This application was processed within the standard timeframe.

Comparing to Industry Standards

The offered salary of $195k for this Director, Treasury position provides a data point for evaluating compensation trends in E-3 AUSTRALIAN visa sponsorship. When reviewing H-1B salary data, consider that wages vary significantly based on geographic location, employer size, industry sector, and the worker's experience level. This position falls under SOC code 11-303101 (Treasurers and Controllers), which standardizes how the Bureau of Labor Statistics classifies occupations across industries. Metropolitan areas like New York, San Francisco, and Seattle typically command higher salaries due to higher costs of living, while positions in smaller markets may offer lower nominal wages but comparable purchasing power.

Frequently Asked Questions

What is the salary for this Director, Treasury position?

The offered annual salary for this Director, Treasury position at American Express National Bank is $195k. The Department of Labor prevailing wage for this occupation and location is $191k. The offered wage represents a +2.2% premium over the prevailing wage.

Where is this Director, Treasury job located?

This E-3 AUSTRALIAN filing is for a position located in New York, New York. The employing company, American Express National Bank, is headquartered in New York, New York.

What visa type is this filing for?

This Labor Condition Application is filed under the E-3 AUSTRALIAN visa classification. This visa classification allows employers to hire foreign workers for specialty occupation positions in the United States.

Who is the employer for this H-1B filing?

The employer for this filing is American Express National Bank, located in New York, New York. American Express National Bank filed this Labor Condition Application (case number I-203-24348-543182) for a Director, Treasury position during fiscal year FY 2025. View all American Express National Bank H-1B filings.

What does LCA “Certified” mean?

Certified means the U.S. Department of Labor has approved this Labor Condition Application, confirming that American Express National Bank has attested to meeting all wage and working condition requirements. A certified LCA does not guarantee H-1B visa approval — the employer must still file a separate petition (Form I-129) with USCIS.

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