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Old 16-10-2021, 09:40 PM
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Originally Posted by Unregistered View Post
Paralegal, or those whose job title is literally junior compliance officer. They work under the qualified legal counsels and assist when the dept advises on legal matters.

AML, KYC all these saikang are usually outsourced to another dept under a different head (typically lower earning, with an ops background instead of legally trained).

That is what I mean when I say junior compliance role vs AML/KYC lackey.
What is the job scope of a "junior compliance officer" which you are describing? What do they ensure FI's compliance to? What laws/regulations?

Not sure many banks, definitely not the BBs, refer to "junior compliance officer" as a specific job scope like you mentioned wrt to working "under qualified legal counsels", etc. Shouldn't they be under Legal team instead??? In most banks, junior doesn't really mean anything and compliance could refer to a multitude of roles as mentioned by the poster above (not just AML KYC)
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