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Unregistered 25-02-2023 06:35 PM

Quote:

Originally Posted by Unregistered (Post 240920)
That's 100% accurate. I'm in a local bank with 3 years of compliance experience and drawing 120k annual base salary. My VP base for last year was more than 250k. Compliance is the best department, screw FO.

good troll lmao 3 years of relevant experience in local bank probably just command you 60-70k at best.

Unregistered 25-02-2023 07:40 PM

Quote:

Originally Posted by Unregistered (Post 241109)
good troll lmao 3 years of relevant experience in local bank probably just command you 60-70k at best.

Continue being salty that compliance roles pay much higher than FO.

Unregistered 26-02-2023 08:41 AM

Quote:

Originally Posted by Unregistered (Post 241111)
Continue being salty that compliance roles pay much higher than FO.

3 years local bank exp only where got 120k lmao who are you kidding bruh. 6 years in foreign banks also just narrowly reaching this :) anybody actually in compliance would know. Don’t be a salty ARM? Anyways, it’s true that not all FO are glamarous. E.g. PB space - only a fraction of headcount in FO are actually the RMs themselves. ARMs are mostly stuck drawing max 120-140k p.a at their peak (at least 10 years exp)

Unregistered 26-02-2023 02:59 PM

Compliance = Ops = HR = BO

Unregistered 26-02-2023 11:54 PM

Quote:

Originally Posted by Unregistered (Post 241139)
3 years local bank exp only where got 120k lmao who are you kidding bruh. 6 years in foreign banks also just narrowly reaching this :) anybody actually in compliance would know. Don’t be a salty ARM? Anyways, it’s true that not all FO are glamarous. E.g. PB space - only a fraction of headcount in FO are actually the RMs themselves. ARMs are mostly stuck drawing max 120-140k p.a at their peak (at least 10 years exp)

i can agree with the OP that compliance roles are well paid. i'm 4 years in american bank and got 150k last year. compliance is a very attractive place to be in.

Unregistered 27-02-2023 06:43 PM

so IB in local bank or Compliance in American Bank better?

Unregistered 27-02-2023 08:51 PM

Quote:

Originally Posted by Unregistered (Post 241257)
so IB in local bank or Compliance in American Bank better?

This is obvious.

Compliance in Malaysian bank >>> IB in American bank.

Unregistered 28-02-2023 09:49 PM

Quote:

Originally Posted by Unregistered (Post 241194)
i can agree with the OP that compliance roles are well paid. i'm 4 years in american bank and got 150k last year. compliance is a very attractive place to be in.

This guy got called out for his dumb FO takes and now he's desperately overcompensating.

Unregistered 18-04-2023 02:38 AM

So im a fresh grad with a degree in economics, coming from a different industry (diploma is Hospitality related) and i will like to do compliance in the banking sector. Which Cert is better? ICA Certificate in AML or ACAMS Certified in Transaction Monitoring.
In the future i will probably want to do something more towards investigation in nature.

Unregistered 18-04-2023 09:35 AM

Quote:

Originally Posted by Unregistered (Post 246507)
So im a fresh grad with a degree in economics, coming from a different industry (diploma is Hospitality related) and i will like to do compliance in the banking sector. Which Cert is better? ICA Certificate in AML or ACAMS Certified in Transaction Monitoring.
In the future i will probably want to do something more towards investigation in nature.

Without any compliance experience, ICA Cert in AML will definitely be a better choice as it open you up to a variety of compliance roles. Transaction monitoring is too niche for a fresh grad.


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