AML/Compliance/KYC professionals come in! - Page 133 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




AML/Compliance/KYC professionals come in!

Reply
 
Thread Tools
  #1321 (permalink)  
Old 19-05-2019, 11:42 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Not sure about the industry standard. But I'm getting 4 months at a foreign bank.
4 months is actually quite high for aml space. Did you get an outstanding performance for appraisal?

Reply With Quote
  #1322 (permalink)  
Old 19-05-2019, 11:47 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
2k plus for certain contract roles is possible. You need to dive into the actual job scope as some roles are just screening. With no or little relevant experience, this is salary range you can expect.

Only 3+ years experience onwards can get you 4k to 7k range.
Just to add that the above reply is true. KYC/CDD roles which purely involve screening do have limitations in the pay package. At the end of the day, it goes back to the simple formula of the prerequisitive skills required for the role. Why would the company need to pay a candidate 4k for a screening role which does not even require a degree qualification?

Reply With Quote
  #1323 (permalink)  
Old 19-05-2019, 09:49 PM
Junior Member
 
Join Date: Nov 2018
Posts: 2
Miguelogy is on a distinguished road
Default

Hi guys,

Just wondering, do high base pay of a 6 months contract job be useful in landing an even higher salary when looking for the next job?(Or will recruiter take into account the lack of bonus and cut your base salary in the next job?)

Asking because I am offered 30% increase from my current perm job to a 6 months contract role with slim chance of converting.I have slightly more than 1 year of experience and the salary increase will make my pay more than >4k monthly.

Reply With Quote
  #1324 (permalink)  
Old 22-05-2019, 06:32 PM
Unregistered
Guest
 
Posts: n/a
Default

Hi, anyone knows about scb current hiring practices? Seems a lot of ppl from big banks like JP, Deutsche (mostly big banks or US centric culture) are hired in scb based on Linkedin searches. Is there a slim chance for former scb staff to re-join the bank again? Please advice. Thanks to any kind soul out there.


SG BusLeh mobile app
SG BusLeh - the best bus app - available on iPhone and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #1325 (permalink)  
Old 23-05-2019, 01:42 AM
Unregistered
Guest
 
Posts: n/a
Default

Hi all, for those in transaction monitoring, would like to know why you chose TM and what is it that u like about TM. Thank you.
Reply With Quote
  #1326 (permalink)  
Old 23-05-2019, 02:14 PM
Unregistered
Guest
 
Posts: n/a
Default

Can anyone advise if document collection role is useful? Want to aim for screening role but very hard to get :'(


SG BusLeh mobile app
SG BusLeh - the best bus app - available on iPhone and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote

  #1327 (permalink)  
Old 25-05-2019, 11:31 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
4 months is actually quite high for aml space. Did you get an outstanding performance for appraisal?
yup, i did
Reply With Quote
  #1328 (permalink)  
Old 26-05-2019, 01:12 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Can anyone advise if document collection role is useful? Want to aim for screening role but very hard to get :'(
Depends on what your aim is. Each role serves their own purpose and nothing wrong with being in such roles. But both are very ops like and may be automated in the future. If u r aiming for screening, not sure what type.. I canít see the progression either.
Reply With Quote
  #1329 (permalink)  
Old 26-05-2019, 01:17 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Hi all, for those in transaction monitoring, would like to know why you chose TM and what is it that u like about TM. Thank you.
Most choose it coz the entry requirements are lowest, u typically can learn on the job as Long as u have a healthy dose of common sense and can spot patterns, make An assessment of what seems plausible and what not

It can get very mudane and tiring after a while Poring through many txns and having to meet the quota of kpi ie closing alerts. Many compromise on quality to achieve that - which is quite unavoidable unfortunately

If u like investigation and seeing how the client really transact (since kyc is just a story) and applying money laundering typologies to your work. This may be for u
Reply With Quote
  #1330 (permalink)  
Old 28-05-2019, 09:22 PM
Unregistered
Guest
 
Posts: n/a
Default

Hi anyone taken acams certificate courses b4? Is it useful and recognized? Is it better than ICA certificates (not advanced cert or diploma but those short course). Hoping for some advice. Thanks
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »

Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
MAS : Mid Career Professionals Soul Income and Jobs 82 24-04-2019 09:13 AM
How to enter middle office (KYC, Compliance, Risk Management) in bank ? ZoOq Income and Jobs 17 04-10-2017 09:56 AM
Income for IT Professionals sudoku Income and Jobs 10 24-10-2014 07:20 PM
what does corporate hr executives/professionals do? lmaohaha Income and Jobs 2 12-05-2012 06:03 PM
Professionals and Managers - Is Your Pay above the Median? Salary.sg Income and Jobs 174 04-10-2009 07:42 PM

» 30 Recent Threads
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
1,549 Replies, 652,592 Views
ITE lecturer ( 1 2 3... Last Page)
81 Replies, 83,747 Views
Career as Teacher ( 1 2 3... Last Page)
1,689 Replies, 1,125,327 Views
Lawyer Salary ( 1 2 3... Last Page)
4,416 Replies, 1,573,175 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
2,490 Replies, 1,468,178 Views
How to get into Banking industry? ( 1 2 3... Last Page)
36 Replies, 3,250 Views
Keppel (KIT)
2 Replies, 484 Views
2019 Fresh Grad starting pay ( 1 2 3)
24 Replies, 1,761 Views
Starting business as civil service
6 Replies, 1,047 Views
Compare civil service salary ( 1 2 3... Last Page)
8,245 Replies, 4,598,679 Views
Mid-Year Civil Servant Bonus 2019 ( 1 2 3... Last Page)
53 Replies, 26,836 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
2,314 Replies, 814,216 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
1,189 Replies, 901,015 Views
How much are you earning per annum? ( 1 2 3... Last Page)
11,695 Replies, 3,388,200 Views
Queries about Cpib application ( 1 2 3... Last Page)
989 Replies, 403,432 Views
DBS Management Associate Program... ( 1 2 3... Last Page)
1,122 Replies, 151,864 Views
Interview for LTA executive... ( 1 2 3... Last Page)
87 Replies, 77,141 Views
fresh grad seeking a career,but no... ( 1 2 3... Last Page)
34 Replies, 10,104 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,542 Replies, 399,556 Views
Credit Suisse - Compliance... ( 1 2 3... Last Page)
117 Replies, 55,737 Views
Shell TDP ( 1 2 3... Last Page)
138 Replies, 34,566 Views
Commercial Affairs Officer ( 1 2 3... Last Page)
96 Replies, 57,371 Views
NTU & NUS bonus ( 1 2)
12 Replies, 884 Views
Constituency Manager (People... ( 1 2 3... Last Page)
700 Replies, 352,653 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,332 Replies, 472,128 Views
GovTech career grade ( 1 2 3... Last Page)
76 Replies, 73,101 Views
Casino Regulatory Authority
1 Replies, 1,955 Views
contract job vs permanent role
4 Replies, 331 Views
GIC career ( 1 2 3... Last Page)
208 Replies, 263,090 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 04:31 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2