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-   -   AML/Compliance/KYC professionals come in! (https://forums.salary.sg/income-jobs/3243-aml-compliance-kyc-professionals-come.html)

Unregistered 24-01-2018 02:06 PM

Quote:

Originally Posted by Unregistered (Post 104040)
I manages a big AML team and in my view, I think you should go for it. Even though the pay is not high, you would be surprised how competitive it is, to get into such programme. Most banks do not hire fresh graduates or experienced graduates with no relevant experience into AML or Compliance. DB is a tier 1 bank. Even though they have a lot of issues globally, they are still acknowledged as a top bank. The AML head is really good as well so you can learn a lot, if you have a chance to work with him directly.

If you are undecided about where you want to go or what you want to do, pick the job that pay you the highest. If you really want to try working in Compliance or AML, this will be a good entry point. In the future, even if you want to move to another bank/FI, DB is a good bank to have on your CV.

Thank you for this. Is this a 2 year bond?

Also, the word "confirmed" gives the impression there is no room for salary negotiation?

Unregistered 25-01-2018 08:41 AM

Quote:

Originally Posted by Unregistered (Post 104048)
Thank you for this. Is this a 2 year bond?

Also, the word "confirmed" gives the impression there is no room for salary negotiation?

I don't work in DB so you have to ask HR those questions.

Unregistered 30-01-2018 12:04 PM

Quote:

Originally Posted by Unregistered (Post 104039)
Hi,

I was invited for an interview for "Graduate AML/KYC Compliance Analyst(MiFID)- Deutsche Bank,Singapore".

In the email it stated this,

Confirmed salary Structure for the 24 month programme:

0 - 6 months: ($2,166 SGD / Month)
6 -12 months: ($2,500 SGD / Month)
12 - 18 months: ($2,833 SGD / Month)
18 - 24 months: ($3,166 SGD / Month)

Is this a decent salary? They did not state any perks which I'm going to assume they will if they offer me the job.

Also, I'm a private uni graduate(SIM/UOL - no honours) with no work experience.

How was your interview?

Unregistered 31-01-2018 08:29 PM

Anyone from or anyone knows does DBS transaction surveillance work OT a lot? If yes, usually until how late?

Unregistered 01-02-2018 05:40 PM

anyone in asset management compliance?
what's your salary range?

mine $10k+ /mth
total comp for 2017 (variable + fix) $150-160K
vp

thanks

Unregistered 01-02-2018 07:48 PM

3.5 years exp KYC analyst. Overall around 80k with bonus.

Unregistered 01-02-2018 10:17 PM

Quote:

Originally Posted by Unregistered (Post 104296)
anyone in asset management compliance?
what's your salary range?

mine $10k+ /mth
total comp for 2017 (variable + fix) $150-160K
vp

thanks

How many years of experience do you have?

Unregistered 01-02-2018 10:25 PM

Quote:

Originally Posted by Unregistered (Post 104302)
How many years of experience do you have?

are you from AM?
thanks.

Unregistered 02-02-2018 12:08 AM

Quote:

Originally Posted by Unregistered (Post 104040)
I manages a big AML team and in my view, I think you should go for it. Even though the pay is not high, you would be surprised how competitive it is, to get into such programme. Most banks do not hire fresh graduates or experienced graduates with no relevant experience into AML or Compliance. DB is a tier 1 bank. Even though they have a lot of issues globally, they are still acknowledged as a top bank. The AML head is really good as well so you can learn a lot, if you have a chance to work with him directly.

If you are undecided about where you want to go or what you want to do, pick the job that pay you the highest. If you really want to try working in Compliance or AML, this will be a good entry point. In the future, even if you want to move to another bank/FI, DB is a good bank to have on your CV.


Hi i was also being invited for the same interview as mentioned above. But something strange about this job is that it has a 2 year bond and during this 2 years, i would be under an consulting agency called Mthreealumni.

Basically what they told me is that 33 graduates will be hired for 2 years for a AML project in Deutsche Bank. So i asked him what happens after 2 years and they told me that all 33 will be converted to FT at Deutsche Bank which i think that it is impossible for a bank to have so many headcounts to accept all 33 of us. And when i asked what are the chances of all 33 of us getting converted and they told me that based on history, 99% of them get converted. And in any case anyone is not selected for a FT job with Deutsche Bank, we will be offered other programs or even a consultant role with them.

Anybody heard of schemes like this? I'm so afraid that i will be wasting these 2 years doing something that do not bring me anywhere. I tried googling about Mthreealumni but i could not find anything.

Unregistered 02-02-2018 12:13 AM

I am working in a local asset mgt company as compliance mgr (only me in the compliance team) and mainly report to Director of Ops. 1 yr compliance exp + 5 yrs big4 Am audit exp.

Monthly salary $7+k And roughly 2 Mths bonuses.

After 1 yr working here, although the life is really good, it seems kinda settled down and no more opportunity to progress further.

Can anyone with AM compliance background advise if there is other opportunity out there that I can consider? Says to other bigger AM firm. What is the possible level I could achieve in next 5/10yrs and the salary range? 27 yrs old now but don't think can achieve higher position like director/chief compliance in future.


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