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AML/Compliance/KYC professionals come in!

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  #1491 (permalink)  
Old 04-09-2021, 12:14 PM
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Anybody can give me some advice?
Currently working in bank as TM, Binance SG offered me a role doing similar stuff and higher pay.
Is it worth the jump? Will it be hard if I would like to go back to bank say in a couple of years?
just do it. gogo

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  #1492 (permalink)  
Old 04-09-2021, 11:06 PM
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just do it. gogo
Haha why so? Will you do it if it were you?

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  #1493 (permalink)  
Old 05-09-2021, 09:08 AM
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Haha why so? Will you do it if it were you?
Go for it! Digital assets is the future! If they offer you higher pay for a similar TM role, why not? Take the chance to expose yourself with new challenges in this emerging field!

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  #1494 (permalink)  
Old 06-09-2021, 10:08 AM
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Anybody can give me some advice?
Currently working in bank as TM, Binance SG offered me a role doing similar stuff and higher pay.
Is it worth the jump? Will it be hard if I would like to go back to bank say in a couple of years?
- Crypto is pretty specialized, it'll be quite hard imo to jump back to banks next time unless you have personal connections with the hiring manager. That being said, the growth potential is much bigger than banks. Banks are always finding ways to cut cost nowadays but Fintech is hiring. Some people might worry about jumping out of the big banking industry but there's actually tons of other opportunities in non-banking finance.

If you are interested in this industry definitely consider. Try negotiating for a significant bump if possible.
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  #1495 (permalink)  
Old 06-09-2021, 05:03 PM
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- Crypto is pretty specialized, it'll be quite hard imo to jump back to banks next time unless you have personal connections with the hiring manager. That being said, the growth potential is much bigger than banks. Banks are always finding ways to cut cost nowadays but Fintech is hiring. Some people might worry about jumping out of the big banking industry but there's actually tons of other opportunities in non-banking finance.

If you are interested in this industry definitely consider. Try negotiating for a significant bump if possible.
Yup that's my concern too as right now I'm in a private bank, don't mind exploring this new sector however, just thinking if I would like to go back to the big banking industry will it be harder. Also what's a significant bump? 20%? 50%?
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  #1496 (permalink)  
Old 06-09-2021, 11:11 PM
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Yup that's my concern too as right now I'm in a private bank, don't mind exploring this new sector however, just thinking if I would like to go back to the big banking industry will it be harder. Also what's a significant bump? 20%? 50%?
Yeah I see where you are coming from, the private banking sector is quite good. Another factor to keep in mind is whether you want to be a specialist in a private bank compared to taking on more responsibility at a smaller setup.

If you have interest in the industry definitely consider the role. A significant bump would be more than 30% imo.

Trust your gut and good luck!
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  #1497 (permalink)  
Old 07-09-2021, 11:29 AM
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Yeah I see where you are coming from, the private banking sector is quite good. Another factor to keep in mind is whether you want to be a specialist in a private bank compared to taking on more responsibility at a smaller setup.

If you have interest in the industry definitely consider the role. A significant bump would be more than 30% imo.

Trust your gut and good luck!
In a best case scenario that I would love to have will be taking on more responsibility at a smaller setup and then returning to the bank to be a specialist haha.
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  #1498 (permalink)  
Old 07-09-2021, 12:44 PM
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Hello, when you all change job, does the hiring company ask for the payslip of the previous company? Asking as itís my first job hop after graduating two years ago
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  #1499 (permalink)  
Old 07-09-2021, 11:33 PM
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In a best case scenario that I would love to have will be taking on more responsibility at a smaller setup and then returning to the bank to be a specialist haha.
Go for it then! But make sure the increment is worth it
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  #1500 (permalink)  
Old 07-09-2021, 11:36 PM
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Anybody can give me some advice?
Currently working in bank as TM, Binance SG offered me a role doing similar stuff and higher pay.
Is it worth the jump? Will it be hard if I would like to go back to bank say in a couple of years?
please read the news and do your due diligence, thats the basis of compliance work
binance sg is not where u wanna be at this stage
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