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

FATFMember 15-11-2021 09:04 PM

Quote:

Originally Posted by Unregistered (Post 189959)
Likely will bump 10-20% from your current pay so possibly anywhere from 7-8.5k.

It depends on your current scope and what role you are applying into (e.g. team lead role or deputy). 5 yoe with your current compensation seems quite reasonable if it's a generalist role, so 10-20% will be a good ballpark figure.

Unregistered 19-11-2021 04:52 PM

Quote:

Originally Posted by Unregistered (Post 189722)
does anyone know how much the bigger swiss private banks (UBS/CS) will pay for aml role for candidates with 5 yr relevant exp? currently drawing ~6-7k at another pb.

What is the bonus like for these Swiss private banks? Do they pay good bonus for aml function?

Unregistered 19-11-2021 11:21 PM

Quote:

Originally Posted by FATFMember (Post 190112)
It depends on your current scope and what role you are applying into (e.g. team lead role or deputy). 5 yoe with your current compensation seems quite reasonable if it's a generalist role, so 10-20% will be a good ballpark figure.

Hey thank you for sharing. Could you clarify what you mean by a generalist role? Also, trying to rationalise how 5 YOE can reach 6-7k. Not easy to secure a perm role in big private banks if you have no exp, so likely that one would start from ground 0 at a local bank / smaller firm (some potentially in a contract role), starting from 3-4k??

Unregistered 25-11-2021 01:07 AM

Cdd analyst starting position
 
Fresh local accounting graduate with no experience in compliance. Got offered cdd analyst 6 month contract for 3.4k. Is it okay? The problem is they expect me to get back to them within 2 days and i am still receiving offers and second interviews at the moment.

Unregistered 26-11-2021 08:13 AM

Quote:

Originally Posted by Unregistered (Post 191371)
Fresh local accounting graduate with no experience in compliance. Got offered cdd analyst 6 month contract for 3.4k. Is it okay? The problem is they expect me to get back to them within 2 days and i am still receiving offers and second interviews at the moment.


Take and go. But read the notice period. It's fine. You can leave within a week i think if u decide to take other offers.

Unregistered 26-11-2021 08:51 AM

Quote:

Originally Posted by Unregistered (Post 191371)
Fresh local accounting graduate with no experience in compliance. Got offered cdd analyst 6 month contract for 3.4k. Is it okay? The problem is they expect me to get back to them within 2 days and i am still receiving offers and second interviews at the moment.

Accept first and you can decide again if you want other offers.

Unregistered 30-11-2021 06:40 PM

Quote:

Originally Posted by Unregistered (Post 189959)
Likely will bump 10-20% from your current pay so possibly anywhere from 7-8.5k.

you were spot on, managed to get the job and it was right between that range.

Unregistered 03-12-2021 09:52 PM

Recently landed an offer of 7.5k for a non-aml compliance role at a bb (8.5k w/ estimated bonus). 6 years of experience. Iím moving from a short stint so initially they only wanted to match my current pay, but I managed to negotiate a slight increment.

I see people here already earning 8-9k+ base with similar or less exp and wondering whether Iím indeed lagging behind for now? Salary guides online donít really state avg compensation vis-ŗ-vis yrs of exp so Iím having trouble getting a sense of the real market rate.

Unregistered 04-12-2021 07:30 AM

Quote:

Originally Posted by Unregistered (Post 192437)
Recently landed an offer of 7.5k for a non-aml compliance role at a bb (8.5k w/ estimated bonus). 6 years of experience. Iím moving from a short stint so initially they only wanted to match my current pay, but I managed to negotiate a slight increment.

I see people here already earning 8-9k+ base with similar or less exp and wondering whether Iím indeed lagging behind for now? Salary guides online donít really state avg compensation vis-ŗ-vis yrs of exp so Iím having trouble getting a sense of the real market rate.


Some banks may be willing to pay more. With 7 years exp I am at mid 8k and 10k w estimated bonus.

Unregistered 04-12-2021 09:36 AM

Quote:

Originally Posted by Unregistered (Post 192469)
Some banks may be willing to pay more. With 7 years exp I am at mid 8k and 10k w estimated bonus.

man...thanks. hope ill be able to get there in the next 1-2 years, or i may jump again after the 2.5 year mark.


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