“Heard from my frenz working in DB that they are ramping up compliance department and have been paying top dollars and bonuses to get the right people. So i suppose conversion of all 33 headcounts into perm after 2 yrs is def possible. AML would also continue to be a main focus for the industry”

Guys my apology to burst the bubble. Indeed it sounds promising but in actual fact the bank is struggling with budget. Recent news reported their losses and bonus payment have been deferred in the last 3 years. A few people came up saying their HR is incompetent and dont know whether certain skill sets are relevant or transferrable. Few went for 3 rounds of interview & got their time wasted without an offer. The low paying contract roles are the solutions to get the ball rolling as DB are under regulatory pressure to clean up their AML controls. You may get your conversion after 2 years but if you have an equal offer elsewhere, forget them. Good luck!!!!!