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AML/Compliance/KYC professionals come in!

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  #1581 (permalink)  
Old 13-01-2022, 08:17 PM
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Just started a role in FCC Advisory in big4 as an Associate. The big4 is not paying so well.. especially compared to the banks… is it good to stay in big4 for career growth specialising in AML/FT? Or is it better to hop to FIs?
I take it you're in the low 3k figures as an associate? The increment to senior associate is over 30% so why not wait for that before you jump?

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  #1582 (permalink)  
Old 13-01-2022, 11:28 PM
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Hi all, im doing kyc in a local bank and coming to the end of my 1 year contract in about 3 months time?

Can I know how much can i expect with 1 year exp if i apply for other banks? Possible to get a flat 4k offer with just 1 year exp?

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  #1583 (permalink)  
Old 13-01-2022, 11:28 PM
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Hi all, im doing kyc in a local bank and coming to the end of my 1 year contract in about 3 months time

Can I know how much can i expect with 1 year exp if i apply for other banks? Possible to get a flat 4k offer with just 1 year exp?

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  #1584 (permalink)  
Old 14-01-2022, 03:32 PM
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Had 1 year of work experience in AML advisory.. and has gotten ACAMS.. however I realise my company do not value the cert at all… may I know is ACAMS cert useful? Does it helps with pay increment/progression in any particular firm?
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  #1585 (permalink)  
Old 15-01-2022, 03:09 PM
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Quote:
Originally Posted by Unregistered View Post
Hi all, im doing kyc in a local bank and coming to the end of my 1 year contract in about 3 months time

Can I know how much can i expect with 1 year exp if i apply for other banks? Possible to get a flat 4k offer with just 1 year exp?
You got uptron degree?
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  #1586 (permalink)  
Old 17-01-2022, 09:01 PM
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Hey guys, looking for some help with expected salary.

Im at a final round of interviews with HR for an avp position at a local firm. I have 5 years of experience and my current salary is 5.5k, would it be reasonable if I were to ask for 6.5-7k expected salary for the position?

I came to that number as it seems I would have to give up my increment and bonus this year if I were to accept this role.

Hoping to get some expertise on this. Thanks!
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  #1587 (permalink)  
Old 17-01-2022, 09:02 PM
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Hey guys, looking for some help with expected salary. I have also posted this in the other bank thread.

Im at a final round of interviews with HR for an avp position at a local firm. I have 5 years of experience and my current salary is 5.5k, would it be reasonable if I were to ask for 6.5-7k expected salary for the position?

I came to that number as it seems I would have to give up my increment and bonus this year if I were to accept this role. Just confused with the current market rates

Hoping to get some expertise on this. Thanks!
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  #1588 (permalink)  
Old 17-01-2022, 11:21 PM
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I take it you're in the low 3k figures as an associate? The increment to senior associate is over 30% so why not wait for that before you jump?
Shd gain some assignments aka assignments while u get that senior Assoc as suggested to nego for higher pay jump. Think further ahead
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  #1589 (permalink)  
Old 17-01-2022, 11:22 PM
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Had 1 year of work experience in AML advisory.. and has gotten ACAMS.. however I realise my company do not value the cert at all… may I know is ACAMS cert useful? Does it helps with pay increment/progression in any particular firm?
Not really. Always good to have but not must have. More valued at us firms but u won’t get paid more becoz u have a cams
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  #1590 (permalink)  
Old 17-01-2022, 11:23 PM
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Originally Posted by Unregistered View Post
Hey guys, looking for some help with expected salary.

Im at a final round of interviews with HR for an avp position at a local firm. I have 5 years of experience and my current salary is 5.5k, would it be reasonable if I were to ask for 6.5-7k expected salary for the position?

I came to that number as it seems I would have to give up my increment and bonus this year if I were to accept this role.

Hoping to get some expertise on this. Thanks!
Seems like a reasonable number. Nego from your current expected overall package and work out an increment from there. If it’s local firm they may suppress u with expected bonuses but depends on your preference really as bonuses are always not gte
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