Quote:
Originally Posted by Unregistered
hi all, I'm over 40, degree holder, worked in banking product management before, but never in Compliance. I'm looking for a career change in compliance, and intend to take up compliance certification.
Would like to get your views if I would be able to switch career to Compliance?
Which certification will be more useful: ICA or ACAMS?
Appreciate your replies. Thanks!
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Hi,
40 years old is really old to start your journey in Compliance, especially if you are thinking of AML. AML is a sunset industry that is being mass outsourced to cheaper countries, which is natural because the bulk of AML is started to be categorized as operations.
U join a sun set industry at 40 years old and in a junior aml position. In 5-7 years time when AML gets outsourced, the younger folks who started at 25 will be your seniors will likely keep their jobs while you lose yours.