Quote:
Originally Posted by Unregistered
better to quick, window of opportunity is closing soon as many banks have beefed up their compliance function and is currently reaching steady state, not expansionist state
for those who enter compliance, used to the least glamorous function, 10yrs ago, many of them are already at MD level now getting base 600k upwards. Some did better than the FO traders who are joblesss due to implications from libor/fx fixing scandals
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Please don't come in here and BS when you obviously know nuts. I can count with one hand the number of bank compliance people with 600k base in the whole of Singapore.
Pay is decent but not outrageous. Many people don't realise that part of the remuneration is to compensate for the legal liability assumed.
Also, this is an unforgiving environment whereby one screw-up can cost you your entire career. There's no way back because it's a very small sector and word tends to go around. Nobody wants a compliance person with a blemished track record.