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AML/Compliance/KYC professionals come in!

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  #51 (permalink)  
Old 26-08-2014, 04:28 PM
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headhunt for uob pb aml/kyc?
well. not just aml/kyc role, could be other roles as well... if you do, kindly email me the contact. tia.

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  #52 (permalink)  
Old 27-08-2014, 05:34 PM
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In compliance department, what direction will be more sought after by companies with better salary package?

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  #53 (permalink)  
Old 28-08-2014, 10:14 PM
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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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  #54 (permalink)  
Old 28-08-2014, 10:48 PM
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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.
just started 6 month and fresh grad, already think of moving? stay on for 2 full years first, then jump to KYC.

Nearly 4k for fresh grad already good
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Old 28-08-2014, 10:59 PM
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just started 6 month and fresh grad, already think of moving? stay on for 2 full years first, then jump to KYC.

Nearly 4k for fresh grad already good
Yes i know.. I guess I'm too anxious bout it. Reason being - my chances of getting promoted in the near future ( say 2 to 3 yrs) seems very low because there r already few "old birds" in the dept waiting in the queue plus they are the "pak si beh zao" kind (= won't leave no matter what)... And the bank.. well.. probably wouldn't give any yearly increments or at most 1-2%...

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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  #56 (permalink)  
Old 28-08-2014, 11:35 PM
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just started 6 month and fresh grad, already think of moving? stay on for 2 full years first, then jump to KYC.

Nearly 4k for fresh grad already good
Why to KYC? Doesn't staying in compliance provide a better career path for him?

Or is onboarding KYC a better deal nowadays?
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  #57 (permalink)  
Old 28-08-2014, 11:55 PM
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Why to KYC? Doesn't staying in compliance provide a better career path for him?

Or is onboarding KYC a better deal nowadays?
Kyc is under FCC technically. Some banks separate them / some banks lump all togt n calls them aml compliance. Regardless, the work mostly r quite similar.

Unless he is referring to those kyc ops guys i.e scanning docs and updating the database n such.
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  #58 (permalink)  
Old 29-08-2014, 11:10 PM
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Kyc is under FCC technically. Some banks separate them / some banks lump all togt n calls them aml compliance. Regardless, the work mostly r quite similar.

Unless he is referring to those kyc ops guys i.e scanning docs and updating the database n such.
I don't think he is referring to those KYC Ops guys though, as its just updating and scanning of docs, which does not seem to have a bright future.
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Old 29-08-2014, 11:49 PM
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just started 6 month and fresh grad, already think of moving? stay on for 2 full years first, then jump to KYC.

Nearly 4k for fresh grad already good
Like to know your view on why will it be better to jump to KYC when he is in compliance.

All along I feel that compliance provides a better exposure platform and progression chance.
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  #60 (permalink)  
Old 01-09-2014, 10:45 AM
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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.
sounds like you are based in changi... only that particular place is paying that high for fresh grad i suppose?
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