AML/Compliance/KYC professionals come in! - Page 154 - 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
  #1531 (permalink)  
Old 19-11-2021, 11:21 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by FATFMember View Post
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??

Reply With Quote
  #1532 (permalink)  
Old 25-11-2021, 01:07 AM
Unregistered
Guest
 
Posts: n/a
Default 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.

Reply With Quote
  #1533 (permalink)  
Old 26-11-2021, 08:13 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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.

Reply With Quote
  #1534 (permalink)  
Old 26-11-2021, 08:51 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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.
Reply With Quote
  #1535 (permalink)  
Old 30-11-2021, 06:40 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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.
Reply With Quote
  #1536 (permalink)  
Old 03-12-2021, 09:52 PM
Unregistered
Guest
 
Posts: n/a
Default

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.
Reply With Quote

  #1537 (permalink)  
Old 04-12-2021, 07:30 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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.


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


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


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
  #1538 (permalink)  
Old 04-12-2021, 09:36 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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.
Reply With Quote
  #1539 (permalink)  
Old 04-12-2021, 03:10 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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.
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?
Reply With Quote
  #1540 (permalink)  
Old 04-12-2021, 04:34 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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.
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 for Mid Career Professionals Soul Companies 1799 Today 09:49 PM
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
Career as Teacher ( 1 2 3... Last Page)
10,821 Replies, 6,663,112 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,455 Replies, 784,179 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,921 Replies, 2,902,401 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,799 Replies, 1,043,356 Views
Nparks ( 1 2 3... Last Page)
39 Replies, 34,297 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,828 Replies, 4,656,135 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
309 Replies, 368,753 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,303 Replies, 4,982,118 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,338 Replies, 4,768,649 Views
Compare civil service salary ( 1 2 3... Last Page)
16,342 Replies, 12,453,505 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
169 Replies, 308,888 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
678 Replies, 388,057 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 813,789 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,759 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,385 Replies, 2,323,452 Views
Lawyer Salary ( 1 2 3... Last Page)
21,013 Replies, 10,328,099 Views
GovTech ( 1 2 3... Last Page)
5,159 Replies, 2,162,721 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 358,122 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,049 Replies, 440,406 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,374,964 Views
ST Electronics ( 1 2 3... Last Page)
3,767 Replies, 1,544,192 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 613,407 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,738,218 Views
MX12 reappointed at MX11
8 Replies, 775 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
749 Replies, 405,261 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,329 Replies, 1,141,857 Views
MFA- Foreign Service... ( 1 2 3... Last Page)
54 Replies, 84,929 Views
Cybersecurity/Info security career ( 1 2 3... Last Page)
511 Replies, 268,406 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
206 Replies, 134,461 Views
Singapore Airlines ( 1 2 3)
22 Replies, 11,266 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 10:08 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2