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My 3 years of KYC career as follows: 6 Months Contract SG Bank $1900 3 Months Contract EU Bank $2500 3 Months Contract JP Bank $2600 3 Months Contract Same JP Bank Another Department $2600 3 Months Contract Same JP Bank Another Department $2600 Converted to Perm in same JP Bank $3000 1 Year as Perm in same JP Bank $3100 Currently 1 year 9 Months as Perm in Current Position. Total Banking Experience in KYC 3 Years 3 Months. Total Period as a contract 1 Years 6 Months. Total Period as a perm 1 Year 9 Months. Total Period in current bank including contract days 2 Years 6 Months. Currently drawing $3100 for doing KYC for RM full time. |
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I hop 5x contract for 1.5 years spamming on the side line until i finally get converted to perm after contract in 3 different dept in same JP Bank clearing KYC backlogs. Now i am stuck in a kyc role with no progression helping rm to clear their kyc saikang. |
One off topic qn, any one noe if increment and bonus r usually received in the same mth? Or do more banks give bonus perhaps in Dec den increment in some other mth (not same mth give one)? Thx guys
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Compliance Manager
Trafigura ://.linkedin.com/jobs/view/190450169 |
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If I had to venture an educated guess, you are probably in B**U, am I right?
This bank is well known for lowballing employees. It is high time that you look out for other opportunities. |
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MUFJ monthly salary is lower than others, but they pay relatively stable bonus of 6-8 months which is higher than other banks, so the total package is about the same. |
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You'll be taking a big risk giving up your 3k perm job for a 2.5k contract AML job, which in another 2.5 to 3 years there is a high chance you'll still be a contract staff earnig 3k to 3.3k? This means that for your 5.5 to 6 years of experience you will be earning 3k+ only. This is an overrated industry that many naive fresh grads think is attractive. May seriously want to reconsider this industry altogether. |
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