AML/Compliance/KYC professionals come in!

Originally Posted by Unregistered

shldnt the qns be what r the salary range of jobs that u r able to secure at least a 2nd rd intervw?

I’m not sure if the salary range as most job posts didn’t state.

hi guys,

hopefully can get some quotes here....

I am a 11 months contract staff in 1 of the local bank and someone has resign. My supervisor told me that i will be next in line to be converted....

I do not have prior experience before the 11 month. Degree is non-finance related...

Current job scope is KYC. Mostly documentation for onboarding & periodic review and adhoc work.

How much should I expect?

Originally Posted by Unregistered

hi guys,

hopefully can get some quotes here....

I am a 11 months contract staff in 1 of the local bank and someone has resign. My supervisor told me that i will be next in line to be converted....

I do not have prior experience before the 11 month. Degree is non-finance related...

Current job scope is KYC. Mostly documentation for onboarding & periodic review and adhoc work.

How much should I expect?

Not enough information, but 3k sounds right. It's not a high value task. Anyone can do it with 6mths of training.

Originally Posted by Unregistered

Private uni grad, work temp job for 6 months before in compliance and now looking for perm job. How much should I be asking?

Compliance in? 6months fresh grad scope is quite limited. It also depends on what are you interviewing for.

With digital banks seem to be hiring aggressively, will it be worthwhile to join as the pioneer of the team?

Originally Posted by Unregistered

Not enough information, but 3k sounds right. It's not a high value task. Anyone can do it with 6mths of training.

Hi, you are right, anyone can do it with 6months of training. Was planning to ask for 3.5k but seems like I am over-asking.

Genuinely asking, what task/scope will be considered as a high value task in AML/KYC/CDD? I was planning to take a cert in transactional monitoring and not sure whether it will bring value to the team

Originally Posted by Unregistered

Genuinely asking, what task/scope will be considered as a high value task in AML/KYC/CDD? I was planning to take a cert in transactional monitoring and not sure whether it will bring value to the team

Advisory / policy related. Transaction monitoring is definitely needed but I do have the impression most people do get stuck there over time

Originally Posted by Unregistered

Hi, you are right, anyone can do it with 6months of training. Was planning to ask for 3.5k but seems like I am over-asking.

Genuinely asking, what task/scope will be considered as a high value task in AML/KYC/CDD? I was planning to take a cert in transactional monitoring and not sure whether it will bring value to the team

TM roles, you need data analytics to do well. It will be replaced by AI eventually.

Originally Posted by Unregistered

TM roles, you need data analytics to do well. It will be replaced by AI eventually.

Thanks for sharing, could you provide some real examples of the use of analytics in transaction monitoring? What tools may be used?

Originally Posted by Unregistered

TM roles, you need data analytics to do well. It will be replaced by AI eventually.

You clearly don't know what you're talking about. Analytics is used to enhance efficiency in TM/NS processes such as reducing false positives. How on earth will AI replace CDD / TM analysts? Imbeciles who don't know **** about the tech always coming up with cretinous vague projections like these without giving any specific details.