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  #1503 (permalink)  
Old 08-09-2021, 04:39 PM
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Originally Posted by Unregistered View Post
Yeah I see where you are coming from, the private banking sector is quite good. Another factor to keep in mind is whether you want to be a specialist in a private bank compared to taking on more responsibility at a smaller setup.

If you have interest in the industry definitely consider the role. A significant bump would be more than 30% imo.

Trust your gut and good luck!
Hi, may I seek your advice for your view on being a specialist in a big private bank versus a generalist in a smaller setup? For example, a smaller bank or boutique firm may have a lean team of just 5 - 10 compliance folks doing everything from account opening, periodic review, sow, transaction monitoring, policy & governance, monitoring and testing, etc. Guess one can have exposure to all these areas. Compared to a large bank where each of the function mentioned earlier have their standalone team that specialises in it.

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