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AML/Compliance/KYC professionals come in!

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  #1761 (permalink)  
Old 25-02-2023, 06:35 PM
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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.

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  #1762 (permalink)  
Old 25-02-2023, 07:40 PM
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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.

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  #1763 (permalink)  
Old 26-02-2023, 08:41 AM
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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. Donít be a salty ARM? Anyways, itís 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)

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  #1764 (permalink)  
Old 26-02-2023, 02:59 PM
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Compliance = Ops = HR = BO
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  #1765 (permalink)  
Old 26-02-2023, 11:54 PM
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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. Donít be a salty ARM? Anyways, itís 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.
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  #1766 (permalink)  
Old 27-02-2023, 06:43 PM
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so IB in local bank or Compliance in American Bank better?
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  #1767 (permalink)  
Old 27-02-2023, 08:51 PM
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so IB in local bank or Compliance in American Bank better?
This is obvious.

Compliance in Malaysian bank >>> IB in American bank.
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  #1768 (permalink)  
Old 28-02-2023, 09:49 PM
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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.
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  #1769 (permalink)  
Old 18-04-2023, 02:38 AM
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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.


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  #1770 (permalink)  
Old 18-04-2023, 09:35 AM
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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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