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Old 04-10-2017, 09:56 AM
mytwocents
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Default answers to your questions

1. How to get in to compliance?
- Apply contract roles as Fresh Grad. Try to stay away from AML operational compliance i.e. KYC roles (but most likely this is ur best chance. work your hardest and you will get rewarded with conversion or transfer)
- Join MAS (Best option)
- Join Big 4 Audit firms (financial services audit only).
- After a 3 year stint in any of the above, then your doors will open.

2. Life as a compliance officer:
- Generally AML colleagues tend to work later due to higher volume.
- Non-AML is not as high volume but more manageable in local banks vs foreign banks.
- To sum it up, local bank is your best bet if u want good stable life.

3. What does a compliance officer do?
Honestly, it can be quite dull. Do you like reading regulations? please search Singapore banking act on google. If you like reading and interpreting such stuff then yes. For AML colleagues, perhaps interpreting own AML framework and guidelines onto the potential client onboarding etc..

Dont join just for the sake of money.. i have some friends who left to other parts of the bank as it was too dry for them..

all the best guys..
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