AML/Compliance/KYC professionals come in!

Originally Posted by Unregistered

How much should I expect if I have 1 year experience in KYC ops?
Just wanna gauge whether I am underpaid or overpaid.

I have 0 experience and I made a switch to KYC/AML in banks. Offered 48,000 a year. 2.5 yrs work experience.

Originally Posted by Jasper

I have 0 experience and I made a switch to KYC/AML in banks. Offered 48,000 a year. 2.5 yrs work experience.

Hi, that is quite good. Is 48,000 the base salary? May I know 2.5 yrs work experience in which area?

Originally Posted by Unregistered

How much should I expect if I have 1 year experience in KYC ops?
Just wanna gauge whether I am underpaid or overpaid.

It really depends on how much you started at. There are 1 year analysts that started out at 36000 p.a. and there are 1 year analysts that started out at 46000 p.a. If you are talking about expectations for a jump at the 1 year mark, take that base X 10 - 15%

What are the more recognised professional certification for AML/ Regulatory compliance professionals??

Interesting transfer of wealth from the sales guys in Wall Street to the law abiding ones.

Originally Posted by Unregistered

What are the more recognised professional certification for AML/ Regulatory compliance professionals??

CAMS, ICA Diplomas

Originally Posted by Unregistered

Hi, that is quite good. Is 48,000 the base salary? May I know 2.5 yrs work experience in which area?

I joined an information consultancy / provider which covers political risk etc. made a switch. I started at a very low base like any other fresh grad. Realise quite a no wants to go into compliance consultancy / advisory and the path might be long and tough. impt to gain some experience as per my seniors.

Originally Posted by Unregistered

CAMS, ICA Diplomas

any idea if banks send their aml kyc ppl for such certs? or it is OTOT?

Originally Posted by shenry

any idea if banks send their aml kyc ppl for such certs? or it is OTOT?

typically they do offer sponsorships for 1st passed sitting. however, some have criteria like the employee has to have worked a certain duration etc.

Hi all, I been offered a ops role in bank but starting with client onboarding team. Any advice? should I go for it? I have 0 bank experience. Would it be a good start?