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??

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.

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.

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

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

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. I’m 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 I’m indeed lagging behind for now? Salary guides online don’t really state avg compensation vis-à-vis yrs of exp so I’m 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.

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.

Frankly 7-8k base sounds pretty desirable for 6 years of experience so congrats on that! How many companies were you at prior to this new role?

I do hope that I'm not too off the right pay scale!

It will be my 3rd place. I stayed in my first for the bulk of my career. Moved to my 2nd earlier this year but am jumping ship cos of various reasons.