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07-03-2018, 02:25 PM
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Quote:
Originally Posted by Unregistered
Thanks for these advice but i am still going to hold on and wait for the offer. I dont think situation is as pessimistic as you made it out to be but i have a mixture of local and pte uni senior/friends doing very well in KYC/AML domain. Most of them are drawing high 4 figures salary and cashing in at close to 100k p.a so i presume that is where the money is in compliance. Nobody will care if i work for db or mthree consulting as long as i can smoke my way through the next interview if db doesnt convert me. I think there is still an acute shortage of kyc/aml professionals and these functions cant be offshore unlike certain compliance function so that offers me career longevity, stability and progression and i believe i would eventually go into an advisory role with more experience.
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The wait is real. any updates?
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10-03-2018, 07:14 PM
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Financial Crime Compliance vs Market Compliance, which compliance is better ?
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11-03-2018, 09:56 AM
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Salary Research
Hello All,
Had a question about the possible salary for my wife. We have a move in the works with my company to come over from the states so she would be on a dependent visa to start.
Here is her profile:
28 Years Old
BS in Mathematics, BS in Statistics and MS in Statistics (US universities)
2 years as an AML Analyst at Citi , 1 year as an AML/Sanctions Officer at an Investment Bank, 1 year as an Optimization Analyst(threshold tuning etc...) at the same Investment Bank.
With that sort of experience and education, will she be able to find a job and what would be the market rate?
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11-03-2018, 10:04 AM
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Salary Research Edit
Quote:
Originally Posted by Unregistered
Hello All,
Had a question about the possible salary for my wife. We have a move in the works with my company to come over from the states so she would be on a dependent visa to start.
Here is her profile:
28 Years Old
BS in Mathematics, BS in Statistics and MS in Statistics (US universities)
2 years as an AML Analyst at Citi , 1 year as an AML/Sanctions Officer at an Investment Bank, 1 year as an Optimization Analyst(threshold tuning etc...) at the same Investment Bank.
With that sort of experience and education, will she be able to find a job and what would be the market rate?
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Forgot to mention, CAMS Certified.
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11-03-2018, 02:16 PM
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From someone who is in the industry and doing the same thing, she should be drawing at least 120k p.a else she is underpaid for sure.
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11-03-2018, 02:18 PM
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Quote:
Originally Posted by Unregistered
Forgot to mention, CAMS Certified.
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I have a similar profile with your wife just and my experience also aml related. I have a msc and cams certified. I have 4 years aml experience and 1 year in banking operations.
Right now I am taking 6.2k base and bonus is average 1.5 to 2 months.
I think it depends on the company as well.
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12-03-2018, 01:57 AM
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Salary Research
Quote:
Originally Posted by Unregistered
From someone who is in the industry and doing the same thing, she should be drawing at least 120k p.a else she is underpaid for sure.
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Quote:
Originally Posted by Unregistered
I have a similar profile with your wife just and my experience also aml related. I have a msc and cams certified. I have 4 years aml experience and 1 year in banking operations.
Right now I am taking 6.2k base and bonus is average 1.5 to 2 months.
I think it depends on the company as well.
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Thank you for the quick responses.So the total comp should be between 6-10k per month. Would she need to look for jobs with a title of Senior or AVP to get that sort of salary?
And in terms of actually finding a job, can she start applying while still in the states or would she have to be on the ground in SG? If she has to wait until we make the move, I would assume the application/hiring process would take somewhere between 2-4 months?
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12-03-2018, 11:29 AM
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v1 shutdown
Quote:
Originally Posted by Unregistered
The wait is real. any updates?
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Not yet.
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12-03-2018, 04:20 PM
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Hi. i have a question to ask the more experienced guys here. If i want to step into the compliance field, will it be a good start to enter a 100% data entry KYC role with a 12 months contract?
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