Salary.sg Forums - Reply to Topic
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs > What is the pay progression and working hours as a KYC analyst in DBS?

Income and Jobs Discuss jobs, career options and of course salaries




Salary.sg Forums

Thread: What is the pay progression and working hours as a KYC analyst in DBS? Reply to Thread
Your Username: Click here to log in
Human Verification To prove you are a human and not a computer program that spams, please check the box below and answer any further questions if prompted.

Title:
  
Message:
Post Icons
You may choose an icon for your message from the following list:
 

Additional Options
Miscellaneous Options

Topic Review (Newest First)
11-04-2018 11:13 AM
Unregistered i think is good
11-04-2018 09:13 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
because i am gg to start work in one mth time, so wanna know the situation inside? Hopefully someone working in KYC from there or know abt there can advise me
guess you'd have started work in DBS kyc now...how is it? what's the pay like and got a lot of OT?
15-02-2018 09:08 PM
Unregistered It's a no brainer job isn't it? So many kyc /aml people on the street, wonder if they even know what they are looking out for.
15-02-2018 09:44 AM
Unregistered In SCB, all those doing KYC are generally all fresh grads and they have a very high turnover rate. Many XMM in their dept. Only about 3-4 slightly more senior staff the rest all churning freshies.
08-02-2018 10:25 PM
Unregistered Shouldn't you ask all these questions during interview? the role might not be able to offshore completely but it can be easily replaced by technology and fresh grad taking your job few years down the road.
08-02-2018 09:32 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
what abt DBS?
because i am gg to start work in one mth time, so wanna know the situation inside? Hopefully someone working in KYC from there or know abt there can advise me
07-02-2018 11:13 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
KYC is the volume that makes it tedious in the long run.

Most banks will have OT. I have been in KYC for close to 4 years and getting 6k excluding bonus.

But life is tough.
your company still hiring? can intro? I also want to earn 6k doing KYC
07-02-2018 10:29 PM
Unregistered [QUOTE=Unregistered;104445]
Quote:
Originally Posted by Unregistered View Post
Anyone from DBS or knows about there advise on the following

1) is there a lot of OT as a KYC analyst in DBS?
No OT. Very good hours and environment. The progression for KYC is good as well and have many colleagues move onto risk and compliance role in foreign bank as well as buy side firm.

2) What is the pay progression like?
analyst - 3.5k
associate - ~6k
senior associate - >6.5k
2 years to move from analyst to associate and another 2 years to senior associate/manager. DBS has good progression and is stable with good bonuses for KYC peeps since they are growing their business rapidly
I do not know where you get the numbers from, like someone had mentioned only the Associate is relevant.

Analyst ($2700 - $3500) - 2 to 3 years to Associate
Associate ($3700 - $4700) - 2 to 4 years to Senior Associate, depending on performance
Senior Associate ($4800 - $6000) - 2 to 4 years to AVP, depending on performance
AVP ($6200 - $9000) - No specific years to be promoted to VP, this one really depends

-Ken
07-02-2018 10:24 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Hi. Possible to elaborate on what you meant by steep?
Hi,

What I mean "step" is the leaning curve. Because whatever you will be doing next, most likely involve more judgement calls and more work, and not everyone is prepared to do more or think more, but that is a determining factor to see if you could promote to Senior Associate faster then eventually AVP, all within 5-7 years.
07-02-2018 05:40 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
what abt DBS?
It is more of the job nature of KYC. Is there something you like about DBS?

KYC is tough everywhere even for the local banks. I have been with 2 banks and now I am in a payments company.

Given the job nature, I will go to where I am being paid. I dont really bother about which company so long they can pay me.
This thread has more than 10 replies. Click here to review the whole thread.

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off




All times are GMT +8. The time now is 05:42 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2