Hi all,
I'm currently doing kyc with nearly one year experience, would like to know is it hard to get a kyc role or aml in Singapore? Because seems like most bank outsource their kyc department to low cost country. |
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Career Options
Hi folks, need your advice. Currently an internal auditor at a buy-side firm (cmsl holder) with abt 1y experience. Getting bored with work. What are the exit opportunities out there?
This might be a wayyy long shot, is it possible to get into Corporate Banking/Structured Finance? |
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Hi! Would like some advice. I have slightly over 2 years external audit experience with a Big4 and am thinking of applying for a compliance role in UBS. The job description mentioned that it is mostly KYC, cross-border activities and conflict of interests etc.
Can anyone shed some light on what the job of KYC really entails? I only have audit experience so I’m not sure on this. Also, what kind of salary and progression could I expect? Currently drawing approx 4.2 per month. Thank you! |
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You probably cant get 4.2k as you dont have the relevant experience. KYC is a more operational role in banks. |
Hi all, would like some advice! I am currently a Relationship Manager with local bank at priority segment. Have been in bank sales for 3.5yrs. Currently looking to switch to non-sales role and considering compliance. Because I don’t have prior compliance experience, is it a must for me to take paycut? I am currently drawing basic 4.5k (excluding commissions).
Just got an offer for compliance role at insurance company, however they offered me 3.9k basic. Benefits like annual leave is much lesser than what I get in the bank. Do you think it is worthwhile to make the switch? I definitely don’t want to continue doing sales however I have reservations because of the paycut. |
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That said, there are many functions within compliance. You wont know if compliance is suitable for you. getting increment of 4.5k is rather tough given your RM experience is just 3.5 years with little compliance experience. Unless you are a 8 years RM experience and 4 years compliance experience. |
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Is there a specific reason why the switch? If the reason outweighs the monetary loss then you can consider. |
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