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AML/Compliance/KYC professionals come in!

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  #1691 (permalink)  
Old 21-11-2022, 04:13 PM
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AML VP usually oversees the Sales function and sometimes governs what decisions Executive Office can make (e.g. hiring which CEO or CFO etc.).
This dude is so ****ing clueless holy ****. AML VPs DO NOT OVERSEE SALES FUNCTIONS OR GIVE INPUT TO C-SUITE HIRING. Get off the forums kid.

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  #1692 (permalink)  
Old 21-11-2022, 09:10 PM
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This dude is so ****ing clueless holy ****. AML VPs DO NOT OVERSEE SALES FUNCTIONS OR GIVE INPUT TO C-SUITE HIRING. Get off the forums kid.
lol obvious that dude is trolling you dumbfk

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  #1693 (permalink)  
Old 21-11-2022, 09:26 PM
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lol obvious that dude is trolling you dumbfk
no one's trolling you dumb ****.

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  #1694 (permalink)  
Old 22-11-2022, 09:34 PM
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Do you think your "front office" can function without compliance? Stop being so cocky
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  #1695 (permalink)  
Old 23-11-2022, 08:15 AM
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Do you think your "front office" can function without compliance? Stop being so cocky
Yehhh man rawk on AML-lers!!!!!
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  #1696 (permalink)  
Old 25-11-2022, 11:32 PM
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Currently drawing 6-6.5k p.m. with 3 years of experience in aml/kyc. Considered OK? Where does that stand against the market/peers? Thank you.
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  #1697 (permalink)  
Old 26-11-2022, 01:59 AM
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Currently drawing 6-6.5k p.m. with 3 years of experience in aml/kyc. Considered OK? Where does that stand against the market/peers? Thank you.
Depends on what bank you're in. Local banks - yes good. US banks - no, lower than market.
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  #1698 (permalink)  
Old 26-11-2022, 08:10 AM
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Depends on what bank you're in. Local banks - yes good. US banks - no, lower than market.
Thanks for sharing.. I’m with you that it’s higher than local banks. Local maybe start off anywhere from 3 - 3.5k and assuming slight annual increment plus maybe 1 promotion, it would land around 4.5-5k.

For US banks, why do you say that 6-6.5k is below market? How much would a US bank typically? How about European banks?
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  #1699 (permalink)  
Old 26-11-2022, 11:28 AM
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26 years old grad last year, currently 1 year 3 months of kyc experience under my belt, drawing 5.3k per month considered ok?
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  #1700 (permalink)  
Old 26-11-2022, 01:58 PM
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Thanks for sharing.. I’m with you that it’s higher than local banks. Local maybe start off anywhere from 3 - 3.5k and assuming slight annual increment plus maybe 1 promotion, it would land around 4.5-5k.

For US banks, why do you say that 6-6.5k is below market? How much would a US bank typically? How about European banks?
3 YOE in a US bank should land you in a Associate role, ready to move to small team lead position. Starting salary for US banks for AML/KYC is about 5k, so you can expect about 7-8k with 3 YOE.

European banks pay slightly lower, but with better WLB.
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