Work in KYC or transaction monitoring, which is better?

Originally Posted by Unregistered

Hey there! Since you mentioned that you have been working in kyc for 4years, may I seek your advice on my current situation? I was being offered a kyc role in a bank doing name matching, cdd, etc and was offered a 20% increment to join a UK mnc, however I wasn't sure of which offer should I take.

Would you recommend me to step my foot into the banking industry given that the prospect and learning curve is much better than non banking industry? (can eventually move from kyc to aml)


Please advise, thanks thanks!

may I know what industry is the US MNC in? I would say go for the US MNC. I was from banking and went to MNC. Learning, salary and culture much better than banks. But this is my opinion.

Originally Posted by Unregistered

Hey there! Since you mentioned that you have been working in kyc for 4years, may I seek your advice on my current situation? I was being offered a kyc role in a bank doing name matching, cdd, etc and was offered a 20% increment to join a UK mnc, however I wasn't sure of which offer should I take.

Would you recommend me to step my foot into the banking industry given that the prospect and learning curve is much better than non banking industry? (can eventually move from kyc to aml)


Please advise, thanks thanks!

may I know which industry is the MNC role?

I would say go for MNC.

I went to an MNC from a bank. Salary, culture and learning are much better.

Unless you just want to be in banking, be open to other options as well.

dont listen to the naysayers, KYC/AML cannot be outsourced due to regulation. People like us with strong knowledge can easily capture 20-30% per jump and never stay beyond 2 yrs to get headhunted again. Eventually will go into advisory at senior level with KYC/AML so dont worry

Originally Posted by Unregistered

may I know which industry is the MNC role?

I would say go for MNC.

I went to an MNC from a bank. Salary, culture and learning are much better.

Unless you just want to be in banking, be open to other options as well.

Professional services industry, listed in the UK

Originally Posted by Unregistered

dont listen to the naysayers, KYC/AML cannot be outsourced due to regulation. People like us with strong knowledge can easily capture 20-30% per jump and never stay beyond 2 yrs to get headhunted again. Eventually will go into advisory at senior level with KYC/AML so dont worry

Haha yeah. The problem now is whether should I take a lower salary to step foot into the banking industry and start from scratch there (kyc ops to aml) or to just take up the mnc role. Hmm tough choice :/