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AML/Compliance/KYC professionals come in!

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  #1541 (permalink)  
Old 04-12-2021, 03:10 PM
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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.
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?

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  #1542 (permalink)  
Old 04-12-2021, 04:34 PM
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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.

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  #1543 (permalink)  
Old 08-12-2021, 03:03 PM
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Would industry veterans be aware of the accuracy of the following salary benchmark? Since ranks across banks differ widely, I'm not too sure which column to refer to if I have 3 years of experience in AML.

s://.efinancialcareers.sg/news/finance/compliance-salary-and-bonus-singapore

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  #1544 (permalink)  
Old 08-12-2021, 03:49 PM
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Would industry veterans be aware of the accuracy of the following salary benchmark? Since ranks across banks differ widely, I'm not too sure which column to refer to if I have 3 years of experience in AML.

s://.efinancialcareers.sg/news/finance/compliance-salary-and-bonus-singapore
Quite accurate for AVP level which is at least 6 years and above. You should still be at analyst level.
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  #1545 (permalink)  
Old 08-12-2021, 04:25 PM
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Quite accurate for AVP level which is at least 6 years and above. You should still be at analyst level.
I see, thanks. I'm an Associate at my current place but nowhere near 90k as mentioned in the website. Would it be right to say

Analyst 1-3yeara
Associate 4-5 years
AVP 6/7+ years

In order for the salary table to make sense?

.efinancialcareers.sg/news/finance/compliance-salary-and-bonus-singapore
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  #1546 (permalink)  
Old 08-12-2021, 06:29 PM
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I see, thanks. I'm an Associate at my current place but nowhere near 90k as mentioned in the website. Would it be right to say

Analyst 1-3yeara
Associate 4-5 years
AVP 6/7+ years

In order for the salary table to make sense?

.efinancialcareers.sg/news/finance/compliance-salary-and-bonus-singapore
Yes around that range but it is not a fixed rule. Associate could just be your job title but actual rank is analyst.
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  #1547 (permalink)  
Old 18-12-2021, 10:41 AM
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Anyone aware of avg performer bonus for compliance in UBS/CS? Got at least 1 month?
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  #1548 (permalink)  
Old 18-12-2021, 07:51 PM
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Is an offer for $10,500pm for 10yrs experience in advisory within market rate? Total package is variable, could be anywhere from 140-160k.

If not, what would be a base that I should be expecting? Many of the JDs I've seen seem to hover around the 12.5k range, but not sure if it's realistic as I don't really share or discuss salary with my network.
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  #1549 (permalink)  
Old 18-12-2021, 08:21 PM
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Anyone aware of avg performer bonus for compliance in UBS/CS? Got at least 1 month?
Average is around 1 month. Can range anywhere from 0.5 - 2 months.
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  #1550 (permalink)  
Old 18-12-2021, 08:31 PM
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Average is around 1 month. Can range anywhere from 0.5 - 2 months.
thanks! would you know about average increment as well?
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