Salary.sg Forums

Salary.sg Forums (https://forums.salary.sg/)
-   Income and Jobs (https://forums.salary.sg/income-jobs/)
-   -   AML/Compliance/KYC professionals come in! (https://forums.salary.sg/income-jobs/3243-aml-compliance-kyc-professionals-come.html)

Unregistered 07-06-2017 06:17 PM

Credit Suisse Compliance Academy Professional Practicum
 
Hi all,

I'm a local graduate with one foot in Credit Suisse's Compliance Academy Professional Practicum. Does anyone have any experience/knowledge of the pros/cons of this programme?

My understanding is that there is no guarantee of a conversion after two rotations across two years, and the salary remains fixed at around $3k~ for these two years. The lack of conversion is worrying me slightly (as compared to the certainty an audit job provides), but I wonder if this programme under CS has a strong enough 'brand name' to secure a position elsewhere in the event of no conversion? What kind of salary range should I be expecting after finishing the two-year programme?

Thanks all!

Unregistered 08-06-2017 08:09 AM

Quote:

Originally Posted by Unregistered (Post 97872)
Hi all,

I'm a local graduate with one foot in Credit Suisse's Compliance Academy Professional Practicum. Does anyone have any experience/knowledge of the pros/cons of this programme?

My understanding is that there is no guarantee of a conversion after two rotations across two years, and the salary remains fixed at around $3k~ for these two years. The lack of conversion is worrying me slightly (as compared to the certainty an audit job provides), but I wonder if this programme under CS has a strong enough 'brand name' to secure a position elsewhere in the event of no conversion? What kind of salary range should I be expecting after finishing the two-year programme?

Thanks all!

Finish 2nd interview yet?

Unregistered 08-06-2017 01:03 PM

Career path for kyc
 
Hi,

I am offered a 1 year contract position with a foreign corporate investment bank as a kyc analyst.
Previous 2 years experience was in a retail bank environment.

Would like to find out how valuable will this kyc analyst role dealing with periodic reviews and On-boarding be in terms of moving towards AML/compliance roles?

TIA for all inputs

Unregistered 09-06-2017 09:52 AM

career change
 
hi all, I'm over 40, degree holder, worked in banking product management before, but never in Compliance. I'm looking for a career change in compliance, and intend to take up compliance certification.

Would like to get your views if I would be able to switch career to Compliance?

Which certification will be more useful: ICA or ACAMS?

Appreciate your replies. Thanks!

Unregistered 09-06-2017 10:19 AM

Quote:

Originally Posted by Unregistered (Post 97906)
hi all, I'm over 40, degree holder, worked in banking product management before, but never in Compliance. I'm looking for a career change in compliance, and intend to take up compliance certification.

Would like to get your views if I would be able to switch career to Compliance?

Which certification will be more useful: ICA or ACAMS?

Appreciate your replies. Thanks!

ICA has different specialisation, can be general compliance or AML.

ACAMS is very specialised in AML. So depends on which area of Compliance do you want to go into. ACAMS is easier to get though in terms of time spent.

Unregistered 09-06-2017 02:18 PM

Quote:

Originally Posted by Unregistered (Post 97872)
Hi all,

I'm a local graduate with one foot in Credit Suisse's Compliance Academy Professional Practicum. Does anyone have any experience/knowledge of the pros/cons of this programme?

My understanding is that there is no guarantee of a conversion after two rotations across two years, and the salary remains fixed at around $3k~ for these two years. The lack of conversion is worrying me slightly (as compared to the certainty an audit job provides), but I wonder if this programme under CS has a strong enough 'brand name' to secure a position elsewhere in the event of no conversion? What kind of salary range should I be expecting after finishing the two-year programme?

Thanks all!

waste time nia. they smelly smelly low ball you. even normal 2 year contract job got sign on/completion bonus plus AWS and Bonus. this one smelly smelly no good

Unregistered 09-06-2017 06:40 PM

Quote:

Originally Posted by Unregistered (Post 97872)
Hi all,

I'm a local graduate with one foot in Credit Suisse's Compliance Academy Professional Practicum. Does anyone have any experience/knowledge of the pros/cons of this programme?

My understanding is that there is no guarantee of a conversion after two rotations across two years, and the salary remains fixed at around $3k~ for these two years. The lack of conversion is worrying me slightly (as compared to the certainty an audit job provides), but I wonder if this programme under CS has a strong enough 'brand name' to secure a position elsewhere in the event of no conversion? What kind of salary range should I be expecting after finishing the two-year programme?

Thanks all!

I went for fhe interview back in 2014 but didnt pass the first round. The interviewer was rather rude. I was glad I didnt get the role. I wasnt a fresh grad but armed with 2 years of experience. Right now I am in a global mnc as a compliance advisor with much better prosepcts. Advice is if you have no other offers, accept credit suisse. There is no guarantee it will be converted and the package is worse off. You will be better off as a perm staff with full package offered.

Unregistered 09-06-2017 09:05 PM

I'm currently doing AML in a corporate bank. Do you think its worth it to jump to a private bank? Or stick to corporate banking?

JAMJAM 10-06-2017 02:30 AM

How much does KYC/AML professional earn per month?

Unregistered 11-06-2017 08:37 PM

Quote:

Originally Posted by JAMJAM (Post 97920)
How much does KYC/AML professional earn per month?

If you are an fresh grad, the starting entry pay is 2.5k to 3k. (Contract Staff)
After your first conversion to perm staff, 3k- 3.3k. (Perm Assistant Manager 1)
Next level promotion, 3.5k to 4.2k (Assistant Manager 2 / Associate)
Next promotion, 4.5k to 5.5k (Manager / Associate)
Promotion after 5-7 years exp, 6k+ to 8k+ (Senior Associate / Junior Assistant Vice President / Assistant Vice President)
8k+ to 12k+ and above (Assistant Vice President / Vice President)
12k+ and above (Vice President / Senior Vice President)

Thank me later for speaking the truth


All times are GMT +8. The time now is 06:53 PM.

Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2