No one will tell you how much their salaries are.

Progression seems slow and stagnant when you only had 1 year of experience?

If you have worked long enough, issues like stagnation and high attrition rate are almost seen everywhere.

Need to think long term about your career goals.

I'd say stay for 2 years and then jump. I jumped from 4.3 to 5.8 after jumping from my first role where I stayed 2 years. 1 year may be a little too fast.

Ok thanks!

I'll say you can start looking out any time, don't need to time 1 year or 2 year more. Once the right opportunity presents itself. Get ready to jump. F

First you need to keep looking out. Start by talking to recruiters and sending out your resume.

On and off you will need to go for interviews and all but it's all part of the process.

What are your views on someone who perhaps has multiple stints of between 1-2 years on their resume (2 or more)? Would this strategy work out past the 2nd time, and employers become more wary that you may just be hopping every 1 year+ for the increment?

It really depends firsthand if you are the right person for the job and possessed the skill sets for this role.

The justification for the job transition needs to be clear and if they are in the same line of related job scopes. Most importantly is the vibe during the interview, if this person can come across as earnest and sincere. that would be most critical.

changes is rapid in banking industry, so I won't bank on someone too much to stay for more than 2 or 3 years.

Take a long term view on your career. After you have worked for a long time, you may focus more on non monetary aspects.

Take time to look out for new roles; it certainly wont harm by staying for another 1 to 2 years.

Perhaps you can share a bit more about your current role and what you aspire to do in future. The last thing you want to do is to hop blindly into a new role that gives better pay but ends up pigeonholing your career in compliance.

Does anyone know whats the growth and pay prospects for reg roles focusing on banking act advisory? At perhaps 2/4/6 years of experience?

Anyone worked in compliance for Chinese banks before either from prc or taiwan? Boc/icbc/Citic/cub/ctbc.

Hows the culture. And pay range or progression like?

Is it possible to hit 9k a month in compliance by year 5/6?

Anyone has experience or insight on seamoney/shopee's regulatory Compliance specialist / AML specialist roles?

What's the pay range like? Seems like they are hiring quite aggressively across experience levels. I have about 4-6 years. Been approached on few occasions by their HR and currently on second stage.

Possible but your base would need to be high and depends on the industry.

Top banks and hedge funds - very possible
Local banks/Asia banks - possible but less likely

Pay range not too sure but I heard they have a working culture of long hours. Something like 996.

Would 9k by year 5/6 be considered just average?

FCC Advisory
 

Just started a role in FCC Advisory in big4 as an Associate. The big4 is not paying so well.. especially compared to the banks… is it good to stay in big4 for career growth specialising in AML/FT? Or is it better to hop to FIs?

anybody doing transaction monitoring work? What's the job progression like?

i have no compliance experience.. currently taking my acams (flunk twice already)

currently have a insurance co want to hire me for 6mth compliance analyst contract.

any advice if i should take the offer to gain experience?

I take it you're in the low 3k figures as an associate? The increment to senior associate is over 30% so why not wait for that before you jump?

Hi all, im doing kyc in a local bank and coming to the end of my 1 year contract in about 3 months time?

Can I know how much can i expect with 1 year exp if i apply for other banks? Possible to get a flat 4k offer with just 1 year exp?

Hi all, im doing kyc in a local bank and coming to the end of my 1 year contract in about 3 months time

Can I know how much can i expect with 1 year exp if i apply for other banks? Possible to get a flat 4k offer with just 1 year exp?

Had 1 year of work experience in AML advisory.. and has gotten ACAMS.. however I realise my company do not value the cert at all… may I know is ACAMS cert useful? Does it helps with pay increment/progression in any particular firm?

You got uptron degree? :(

Hey guys, looking for some help with expected salary.

Im at a final round of interviews with HR for an avp position at a local firm. I have 5 years of experience and my current salary is 5.5k, would it be reasonable if I were to ask for 6.5-7k expected salary for the position?

I came to that number as it seems I would have to give up my increment and bonus this year if I were to accept this role.

Hoping to get some expertise on this. Thanks!

Hey guys, looking for some help with expected salary. I have also posted this in the other bank thread.

Im at a final round of interviews with HR for an avp position at a local firm. I have 5 years of experience and my current salary is 5.5k, would it be reasonable if I were to ask for 6.5-7k expected salary for the position?

I came to that number as it seems I would have to give up my increment and bonus this year if I were to accept this role. Just confused with the current market rates

Hoping to get some expertise on this. Thanks!

Shd gain some assignments aka assignments while u get that senior Assoc as suggested to nego for higher pay jump. Think further ahead

Not really. Always good to have but not must have. More valued at us firms but u won’t get paid more becoz u have a cams

Seems like a reasonable number. Nego from your current expected overall package and work out an increment from there. If it’s local firm they may suppress u with expected bonuses but depends on your preference really as bonuses are always not gte

Of course possible but depends on what you are currently drawing. If foreign banks I say 4.5 and more is not implausible.

CAMS is not more / less valued at foreign / local banks. Its the most recognized certification in the field, everyone recognizes it equally.

doubt thats true

Hello everyone, i would like to check is there anyone who started off their career at big 4 as a compliance associate before existing to commercial? Would like to know the potential exit opportunities, thank you.

Compliance across industries
 

Hi! Would anyone be able to shed some light on the compliance function across industries? (Eg:set-up, workload, pay, progression, etc) whether it is advisable to specialise in 1 industry or cross industries when there are opportunities? TIA!

How much would 5yr of experience in pb reg compliance be worth generally?

Looking to take ICA-Certificate-in-Anti-Money-Laundering, is this certificate useful?

Hi, would like some advice regarding kyc officers role in local bank. I am a recent graduate and interested in compliance roles. An agent spoke to me yesterday about a role with a local bank and told me that with no relevant exp, i shld be prepared to get a salary of less than $3,400. Is this really the case? Does local bank pay $2k plus for kyc officer roles with no exp?

Does kyc roles at local banks require frequent ot?

6000 approx

As mentioned many times previously in this thread, KYC alone is generally not a high value role. Furthermore you mentioned that you have no relevant experience, I think 3-3.4k is reasonable.

If you are serious about compliance roles, get your foot in the door and start gaining the necessary experience.

Got offered 5.5k for Compliance role at a boutique asset manager, my YoE is about 3, reasonable?