AML/Compliance/KYC professionals come in! - Page 2 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




AML/Compliance/KYC professionals come in!

Reply
 
Thread Tools
  #11 (permalink)  
Old 25-10-2013, 09:23 AM
Unregistered
Guest
 
Posts: n/a
Default

If you have 3 or more keywords in cv, you r in high demand - AML, anti-tying, sanctions, anti-terrorist financing, dodd frank, fatca, volcker, ISDA, resolution&recovery, cftc, emir, basel, cad2.

Starting pay for
Analyst 50
Associate 80
AVP 120
VP 200
ED 300
MD 500

To progress each stage, just dont screw up and clock in the hours. Be diplomatic to front office but firm in dealings. I reach ED 300k base last year at age 34 after 10years , good luck

Reply With Quote
  #12 (permalink)  
Old 25-10-2013, 09:53 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
If you have 3 or more keywords in cv, you r in high demand - AML, anti-tying, sanctions, anti-terrorist financing, dodd frank, fatca, volcker, ISDA, resolution&recovery, cftc, emir, basel, cad2.

Starting pay for
Analyst 50
Associate 80
AVP 120
VP 200
ED 300
MD 500

To progress each stage, just dont screw up and clock in the hours. Be diplomatic to front office but firm in dealings. I reach ED 300k base last year at age 34 after 10years , good luck
The numbers from AVP onwards are too low.

Analyst 60
Associate 120
AVP 200
VP 300
ED 500
MD >600

Reply With Quote
  #13 (permalink)  
Old 25-10-2013, 03:00 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
100+ seats in JPM Changi are set aside for both contractors and employees. The long and short of it is that they need folks and have been interviewing candidates. PM me if you want the phone number of the hiring manager.
you posted this anonymously without logging in. how do i pm you?

Reply With Quote
  #14 (permalink)  
Old 26-10-2013, 08:30 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
you posted this anonymously without logging in. how do i pm you?
Everyone wants to be anonymous and yet everyone wants to send PM. Cool. At least you guys can use some disposable mail ids. good luck.
Reply With Quote
  #15 (permalink)  
Old 26-10-2013, 09:30 AM
Unregistered
Guest
 
Posts: n/a
Red face

i graduated with sim uol degree in 2003 during sars, started a 30k contractor reviewing deals in control room as part of chinese wall, move to perm AML role, then jump to private bank 100k for KYC and data privacy compliance, followed with internal mobility to join commodities trade finance compliance, then front office compliance for commod desk, last year move to tier 1 bank as SVP to run a team on compliance assessment with base 350k + 100k bonus.
Reply With Quote
  #16 (permalink)  
Old 26-10-2013, 11:15 AM
Junior Member
 
Join Date: Oct 2013
Posts: 7
daydreamer is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
i graduated with sim uol degree in 2003 during sars, started a 30k contractor reviewing deals in control room as part of chinese wall, move to perm AML role, then jump to private bank 100k for KYC and data privacy compliance, followed with internal mobility to join commodities trade finance compliance, then front office compliance for commod desk, last year move to tier 1 bank as SVP to run a team on compliance assessment with base 350k + 100k bonus.
Very nice ! Mind if i ask , how often do you hop around?
Reply With Quote

  #17 (permalink)  
Old 29-10-2013, 09:55 PM
gwk gwk is offline
Verified Member
 
Join Date: Oct 2013
Posts: 10
gwk is on a distinguished road
Default

Can I ask with all the job listings around looking for at least 5 years experience in AML position, how does switch to a career in AML. I have an engg degree but I'm currently doing a diploma in AML, but I'm not sure what are the better options for me to venture into AML.

Any advice are appreciated.


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #18 (permalink)  
Old 29-10-2013, 10:03 PM
Unregistered
Guest
 
Posts: n/a
Default need advice

I also want to find our more about aml and compliane jobs. I have accepted a compliance executive job in a local insurance company, but just got an offer of a AML role in a big foreign bank. Both offer the same basic salary, I dun know which one to choose.

My end goal is to do compliance in a bank. is it easy for me to change from insurance company to banks after a couple of years? or should i take this AML job, but would it be too specialized alr?

pls advice, many thanks!
Reply With Quote
  #19 (permalink)  
Old 24-12-2013, 11:36 PM
Unregistered
Guest
 
Posts: n/a
Default

I see some big numbers here, not sure how accurate it is though.

Anyways ! reviving this dead thread -

Some bckground introduction: I am currently in my mid 20s, holding on to a AML job under my bank's grp compliance doing trade finance (sanctioned elements related,pre-approval of cross border transaction,etc) , transaction monitoring assessment for corporate client's acc and AML controls of payments pertaining to markets products(FXMM etc) and corporate client's management screening plus probably will pick up some "KYC-onboarding skills" and data mining via SQL along the way. Basically, "bao sua bao hai" doing everything.

This is my first job but I am severely underpaid. Was looking around and asking some recruiters and senior colleagues, I should be getting somewhere near mid low to mid 3s as a freshie. Unfortunately, I am being paid only in the high 2s. My first month into the job, i kept getting calls from various recruiters / other banks which i've applied long before, saying that they could pay better 15~20% more of what im drawing currently provided I am accepted. I didn't bulge becoz i see extra value in the things im doing/learning now compared to the stuffs I will be doing had i been accepted into those jobs.

Fortunately (or unfortunately?), my manager and other indirect line managers are aware of this issue, and my direct mgr said he would push for a review of my package subjected to HOD and HR approval as it is too much of a disparity compared to other staff in our team.
Other manager advise me to start jumping after gaining a full year of experience if the review fails i would probably get a measly 3~5% base increment. (if the review passes, my pay should be adjusted upwards by 20% which is the norm bracket).

I don't know if i'm stupid or what. If I were to jump, which would be in early 2015 i guess? almost 1-1.5yrs of exp, can i be looking somewhere around high 3s or low 4s with all these things that I'm doing now?
Sorry for the lengthy writeup
Reply With Quote
  #20 (permalink)  
Old 25-12-2013, 07:28 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
If you have 3 or more keywords in cv, you r in high demand - AML, anti-tying, sanctions, anti-terrorist financing, dodd frank, fatca, volcker, ISDA, resolution&recovery, cftc, emir, basel, cad2.

Starting pay for
Analyst 50
Associate 80
AVP 120
VP 200
ED 300
MD 500

To progress each stage, just dont screw up and clock in the hours. Be diplomatic to front office but firm in dealings. I reach ED 300k base last year at age 34 after 10years , good luck
The starting pay figure is rather accurate as with relevant to the job posting below:

VP Compliance Officer ? Investment Bank ? SINGAPORE | Recruit.net

Thanks for the info.

I would like to check is the experience gained in CPIB valuable for career in AML compliance?
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
MAS : Mid Career Professionals Soul Income and Jobs 332 10-05-2021 12:11 PM
How to enter middle office (KYC, Compliance, Risk Management) in bank ? ZoOq Income and Jobs 17 04-10-2017 09:56 AM
Income for IT Professionals sudoku Income and Jobs 10 24-10-2014 07:20 PM
what does corporate hr executives/professionals do? lmaohaha Income and Jobs 2 12-05-2012 06:03 PM
Professionals and Managers - Is Your Pay above the Median? Salary.sg Income and Jobs 174 04-10-2009 07:42 PM

» 30 Recent Threads
merit increment in civil service ( 1 2 3... Last Page)
47 Replies, 65,551 Views
How is life as a doctor in... ( 1 2 3... Last Page)
2,038 Replies, 1,195,851 Views
Roles in accenture singapore ( 1 2 3... Last Page)
1,237 Replies, 365,613 Views
Banks' Pay and Bonuses ( 1 2 3... Last Page)
227 Replies, 110,762 Views
Visa Inc Business Associate...
9 Replies, 190 Views
Dilemma - advice needed
4 Replies, 525 Views
Lawyer Salary ( 1 2 3... Last Page)
11,239 Replies, 3,811,489 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
1,376 Replies, 981,630 Views
Career as Teacher ( 1 2 3... Last Page)
3,560 Replies, 2,186,857 Views
Working in NEA, the benefits,...
0 Replies, 54 Views
Job Advice:Is it better to start... ( 1 2)
14 Replies, 930 Views
UBS Financial Services Industry... ( 1 2 3... Last Page)
246 Replies, 62,739 Views
Working in HDB ( 1 2 3... Last Page)
387 Replies, 325,213 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
3,170 Replies, 1,430,111 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
496 Replies, 120,354 Views
DBS tech seed programme ( 1 2 3... Last Page)
511 Replies, 114,934 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,431 Replies, 659,578 Views
JLL finance program 2021
1 Replies, 93 Views
Compare civil service salary ( 1 2 3... Last Page)
11,709 Replies, 6,725,111 Views
Pay grade at CSA ( 1 2 3... Last Page)
183 Replies, 66,064 Views
Difficult to switch from Public To... ( 1 2)
17 Replies, 8,241 Views
Salary Calculation
4 Replies, 1,565 Views
Comp Science Frsh Grad Salary ( 1 2 3... Last Page)
593 Replies, 53,073 Views
NEED ADVICE!! LAZADA Business...
6 Replies, 539 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
5,902 Replies, 1,536,634 Views
Advice needed (Career change)
8 Replies, 3,088 Views
Help: Looking to speak to 3...
1 Replies, 113 Views
OCBC Graduate Talent Programme... ( 1 2 3... Last Page)
719 Replies, 208,820 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
3,702 Replies, 2,278,841 Views
Starting Pay for CS/Ministries... ( 1 2 3... Last Page)
216 Replies, 81,209 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 04:24 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2