Quote:
Originally Posted by Unregistered
After reading all the replies, its kinda demoralizing after knowing that most of the guests here are uni grads/fresh uni grads and earning a decent amount of income from AML/Compliance job.
I am a 27 years old fresh local diploma grads currently ending my 8 months contractual AML role in a local bank drawing 2.1, how far would I go to in terms of dollar and cent? Would I be able to command a higher income gradually to be on par with uni grads within 2.5 years (like a 10% increment) along the way with broad base experience?
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I would classify 2.1k job as general administration that just happens to be in an AML/Compliance department. I seriously doubt you are in a "AML/Compliance" job per se.
By banking standards you are considered very old at 27 with only a junior officer or clerical rank (somemore only a short term contractor), it is almost impossible to compete in the AM/Compliance space with those 22-25 year old students with a nice honors from local universities just based on work performance.
Try to play a bit of politics and network to get some senior guy to be your godfather so that he/she can sponsor your career growth. Otherwise all you are going to get is perpetual contract renewal with little or no pay increase.