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In compliance department, what direction will be more sought after by companies with better salary package?
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Sorry to butt in this thread. I'm a fresh grad just gotten a financial crime compliance role with a foreign bank drawing very near to 4s. (in my 6th month now)
Just wondering where and when should i make the move? I've talked to some recruiters and the roles that they have on hand doesnt give me a very big pay jump ( looking at 15 - 20%) and still doing the same thing... So i'm pretty much stuck here, not able to move for a higher pay or a supervisory position cos of the lack in exp. I'm taking my professional certs next yr but i'm just wondering when can I make the move, and how much / how big of a jump am i looking at? My goal is to move out of financial crime eventually, which part of compliance is feasible for me to go, lets say in 5 years time. |
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Nearly 4k for fresh grad already good |
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I'm exposed to many areas from reviewing transactions, investigation and advisory for sanction related matters, bits of here and there for KYC. Haven't got the chance to be exposed to onboarding work at all. Say, armed with CAMS and maybe a compliance diploma from ICTA with 2 years of relevant investigation / advisory work in AML/CFT, what is the range of pay should I be looking at? |
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Or is onboarding KYC a better deal nowadays? |
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Unless he is referring to those kyc ops guys i.e scanning docs and updating the database n such. |
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All along I feel that compliance provides a better exposure platform and progression chance. |
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