Quote:
Originally Posted by Unregistered
You get to become a product manager and learn alot of valuable skills which could be applied in tech/FinTech firms too. Plus, with UOB's acquisition of Citi's consumer banking franchise in ASEAN, you may also get to manage credit cards on a regional level at a greater depth now. Career progression in RB in general is not that great per say but compared to compliance, it should be atleast equal, or better if you are prove to be good at managing the products and driving sales.
Let's assume you are a capable person and you will do well in either compliance / credit cards. If so, then in the long-run you will definitely be able to earn more in credit cards. Skillsets wise very hard to compare as they are really different. But exit ops for compliance is mostly still compliance. With product management skills, the exit ops are wider. |
lol but it still retail banking which is many worlds apart from ib. and no never had a retail CC person ended up in ib in the future, selling to your aunty and uncle is not the same as dealing with c suite coporate transactions
depending on what you do in compliance- if you are involved in larger complex structured corp fin deals, you still have shot at ib/pb. i have seen compliance people move across to the business before at the junior level. still a step to take but at least there's precedence.