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Originally Posted by Unregistered
Thank you. I am currently trying to get a temporary job related to compliance or aml for my 3 months school break. I hope the additional experiences can help me when I source for a perm position next year. After reading this forum, I gathered that working in a bank is better than an insurance company because of the many opportunities and better prospects? Is that right?
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It depends i guess. There are some topics that are uniquely covered by compliance people in insurance and likewise for banking. Crossover is not impossible, really depends what you want to do since compliance is a really wide area. I am not entirely sure the payscale of compliance in insurance firms but payscale is not very high for banks as well... at least not until you reach mid career or senior levels or covering a niche part of the business.
My advice is - get started and see for yourself.. heck, i have came across many people who eventually call it quits after few years in compliance and moved into a totally different field