AML/Compliance/KYC professionals come in!

Originally Posted by Unregistered

Hi all, I been offered a ops role in bank but starting with client onboarding team. Any advice? should I go for it? I have 0 bank experience. Would it be a good start?

Sounds like BAML to me haha. Or maybe SCB.

Go for it, you have nothing to lose. What did they offer you btw?

Originally Posted by Unregistered

Sounds like BAML to me haha. Or maybe SCB.

Go for it, you have nothing to lose. What did they offer you btw?

neither. its RBC. why BAML or SCB? 50k with no bonus. I read/heard COB can be onerous and long hours.

Originally Posted by Unregistered

Sounds like BAML to me haha. Or maybe SCB.

Go for it, you have nothing to lose. What did they offer you btw?

lol why BAML? I am taking up their offer for ops role.

Originally Posted by andy

neither. its RBC. why BAML or SCB? 50k with no bonus. I read/heard COB can be onerous and long hours.

Ah yes, RBC. I think I saw that role on LinkedIn a month or so ago. That is a very good basic to start off your banking career. I wouldn't think twice if I were you, unless u are from a reputable uni with remarkable results. Many fresh banking grads would love to be in your shoes.

COB isn't the most glamorous of roles, but in the Ops space it's probably the least Ops-like in it's coverage.

Originally Posted by Unregistered

Ah yes, RBC. I think I saw that role on LinkedIn a month or so ago. That is a very good basic to start off your banking career. I wouldn't think twice if I were you, unless u are from a reputable uni with remarkable results. Many fresh banking grads would love to be in your shoes.

COB isn't the most glamorous of roles, but in the Ops space it's probably the least Ops-like in it's coverage.

Thanks! I am from SMU but with normal results lol. 1 yr work exp, opted to RBC.

Originally Posted by andy

Thanks! I am from SMU but with normal results lol. 1 yr work exp, opted to RBC.

GL buddy. Remember, jump around while this sector is still hot, no value in staying put in the same place for an extended period of time for now.

All the best in your career.

Originally Posted by Unregistered

GL buddy. Remember, jump around while this sector is still hot, no value in staying put in the same place for an extended period of time for now.

All the best in your career.

Thanks bro. extended period is say 2-3 years? =D now with the rise of blockchain, banking infrastructure might change..maybe not now..in 10 years?

Originally Posted by andy

Thanks bro. extended period is say 2-3 years? =D now with the rise of blockchain, banking infrastructure might change..maybe not now..in 10 years?

I meant more like 1 year. After that maybe 1.5 - 2 years then jump again.

Nobody knows... maybe in 15 years time, banks wont even exist anymore?

Originally Posted by shenry

lol why BAML? I am taking up their offer for ops role.

lucky you. I got rejected after second round. All the best in Ops! try to make the jump after 1 year to other departments.

Originally Posted by Unregistered

Sounds like BAML to me haha. Or maybe SCB.

Go for it, you have nothing to lose. What did they offer you btw?

The closure of BSI Bank in Singapore shows how important the Ops role are. The lack of proper management of ops people has partially led to their downfall. Ops in bank is a huge vacuum now and alot to learn. take pride in it! The future is bright if you play your cards well