Hi,

Chance upon this thread and would like to enquire -

I am currently on a contract analyst role with a foreign bank's AML dept. Mostly doing transaction surveillance related work.

I recently just went for an interview with a french bank and they offer me a KYC position (fixed term contract) , base is probably 3~3.2 , details not confirm yet. But there are no bonuses at all coz its a fixed term contract... I dont foresee them converting me becoz there r other contract staffs tat r more senior than me...

Should i make the jump ? Pay increment is about 500+... But from what i gathered KYC is mainly processing the documents passed down by the front line guys. Of coz we need to take steps to ascertain the credibility of those documents by doing some brief kyc stuffs in line of the AML regulations. My main interest lies with AML compliance, will this role help me make the switch to a perm AML position next time?

Any feedback is very much appreciated.