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AML/Compliance/KYC professionals come in!

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  #1441 (permalink)  
Old 28-05-2021, 11:31 PM
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To AML/FCC/KYC professionals out there, what is an expected/market salary (base pay + bonus combined if any) for the following experience level? You could share your actual package as well if you have actually gone through these.

0 - 2 years experience?
2 - 4 years experience?
4 - 6 years experience?

Fully aware the salary varies based on a plethora of considerations/factors/qualifications so feel free to include and list them down to support the salary figures!

UK bank. 6 years experience. 80k base, ~1 month bonus

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  #1442 (permalink)  
Old 28-05-2021, 11:42 PM
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UK bank. 6 years experience. 80k base, ~1 month bonus
Is this below average?

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  #1443 (permalink)  
Old 29-05-2021, 07:10 AM
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UK bank. 6 years experience. 80k base, ~1 month bonus
Think this is pretty decent! May I enquire what area of aml/kyc you're in?

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  #1444 (permalink)  
Old 29-05-2021, 09:23 AM
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UK bank. 6 years experience. 80k base, ~1 month bonus
You should be expecting a 100k all in package with 6 years of experience at a BB.
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  #1445 (permalink)  
Old 29-05-2021, 08:58 PM
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Think this is pretty decent! May I enquire what area of aml/kyc you're in?
Kyc onboarding
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  #1446 (permalink)  
Old 29-05-2021, 09:44 PM
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Kyc onboarding
Are you at avp level?
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  #1447 (permalink)  
Old 29-05-2021, 10:46 PM
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Kyc onboarding
Cool beans! First job?
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  #1448 (permalink)  
Old 30-05-2021, 01:28 AM
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What’s the general range for an avp in a foreign bank? Will there be opportunity for in role promotion or have to wait for an avp to leave before getting a chance of promotion?
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  #1449 (permalink)  
Old 30-05-2021, 09:28 AM
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What’s the general range for an avp in a foreign bank? Will there be opportunity for in role promotion or have to wait for an avp to leave before getting a chance of promotion?
Where I'm at (foreign bank), internal promotion for an AVP is largely hard to come by. Competition is very stiff and foreign expats at > Director level take up most of the resourcing budget. Also, the bank seems to prefer to hire AVP / VP externally rather than internally promote qualified staff who have been working for a long time.

No concrete proof but based on hearsay, if internally promote to avp it's around 10-20% pay bump. If externally hired, of course they bump from your current salary but from s://.mycareersfuture.gov.sg, the range could go anywhere from $7k to $12k.
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  #1450 (permalink)  
Old 06-06-2021, 12:30 AM
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Where I'm at (foreign bank), internal promotion for an AVP is largely hard to come by. Competition is very stiff and foreign expats at > Director level take up most of the resourcing budget. Also, the bank seems to prefer to hire AVP / VP externally rather than internally promote qualified staff who have been working for a long time.

No concrete proof but based on hearsay, if internally promote to avp it's around 10-20% pay bump. If externally hired, of course they bump from your current salary but from s://.mycareersfuture.gov.sg, the range could go anywhere from $7k to $12k.
bump for like-minded individuals
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