AML/Compliance/KYC professionals come in! - Page 95 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




AML/Compliance/KYC professionals come in!

Reply
 
Thread Tools
  #941 (permalink)  
Old 15-08-2017, 02:22 PM
Unregistered
Guest
 
Posts: n/a
Default Hi Folks

Hi guys,

I have been offered SCB role as a CDD analyst. Job scope is to contact retail customer to do checks on their monetary transactions in their CASA.
Currently im a RM at a local bank with 3 years experience. Pay offered was slightly above fresh grad pay.
Can any kind folks advice on this role, be in progression wise or remuneration wise?
Whether to accept it a not? As i dont want to be low ball by them. Is a contract role offered by SCB itself.

Many thanks! Cheers

Reply With Quote
  #942 (permalink)  
Old 15-08-2017, 04:33 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Hi guys,

I have been offered SCB role as a CDD analyst. Job scope is to contact retail customer to do checks on their monetary transactions in their CASA.
Currently im a RM at a local bank with 3 years experience. Pay offered was slightly above fresh grad pay.
Can any kind folks advice on this role, be in progression wise or remuneration wise?
Whether to accept it a not? As i dont want to be low ball by them. Is a contract role offered by SCB itself.

Many thanks! Cheers
slightly above is how much?

Reply With Quote
  #943 (permalink)  
Old 15-08-2017, 05:12 PM
Unregistered
Guest
 
Posts: n/a
Default Hi

Quote:
Originally Posted by Unregistered View Post
slightly above is how much?
Thanks for the reply.
3.2
Abit short-fall of what i expected, which in the region of mid 3.
Any advice?

Many thanks

Reply With Quote
  #944 (permalink)  
Old 15-08-2017, 06:53 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Hi guys,

I have been offered SCB role as a CDD analyst. Job scope is to contact retail customer to do checks on their monetary transactions in their CASA.
Currently im a RM at a local bank with 3 years experience. Pay offered was slightly above fresh grad pay.
Can any kind folks advice on this role, be in progression wise or remuneration wise?
Whether to accept it a not? As i dont want to be low ball by them. Is a contract role offered by SCB itself.

Many thanks! Cheers
Do you mean you put expected 3.5 but given 3.2? I believe your RM role for 3 years should be in 3K range ? My advice is to stay put. Unless you really want to do CDD.
Reply With Quote
  #945 (permalink)  
Old 15-08-2017, 10:19 PM
Unregistered
Guest
 
Posts: n/a
Default Hi

Quote:
Originally Posted by Unregistered View Post
Do you mean you put expected 3.5 but given 3.2? I believe your RM role for 3 years should be in 3K range ? My advice is to stay put. Unless you really want to do CDD.
Yup. My RM role is actually more than 3.5
Is SCB CDD a good platform to go into compliance related stuff? As i know is quite hard to get my foot into this. Thats what got me thinking.

Thanks!
Reply With Quote
  #946 (permalink)  
Old 15-08-2017, 10:40 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Yup. My RM role is actually more than 3.5
Is SCB CDD a good platform to go into compliance related stuff? As i know is quite hard to get my foot into this. Thats what got me thinking.

Thanks!
Ok.I am the same poster who replied you. Then you should just stay in DBS. You need to ask if Cdd or compliance is the area you want to be in. I was in similar contract scb cdd role back in 2014. It was one of the worst decision I have made. I was like you, gave up a perm role in another bank to take on scb contract role. Suggest to go for a perm role instead if you want to move.
Reply With Quote

  #947 (permalink)  
Old 15-08-2017, 11:18 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Ok.I am the same poster who replied you. Then you should just stay in DBS. You need to ask if Cdd or compliance is the area you want to be in. I was in similar contract scb cdd role back in 2014. It was one of the worst decision I have made. I was like you, gave up a perm role in another bank to take on scb contract role. Suggest to go for a perm role instead if you want to move.

Why you dislike CDD? Lots of paperwork and very ops in nature? What are you doing now?
Reply With Quote
  #948 (permalink)  
Old 16-08-2017, 12:48 AM
Unregistered
Guest
 
Posts: n/a
Default Hi

Quote:
Originally Posted by Unregistered View Post
Ok.I am the same poster who replied you. Then you should just stay in DBS. You need to ask if Cdd or compliance is the area you want to be in. I was in similar contract scb cdd role back in 2014. It was one of the worst decision I have made. I was like you, gave up a perm role in another bank to take on scb contract role. Suggest to go for a perm role instead if you want to move.
Thanks for your reply bro.
How long did you last in this similiar scb cdd role? Very siong? The person tell me will work till late hours etc almost everyweek.
Reply With Quote
  #949 (permalink)  
Old 16-08-2017, 08:08 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Thanks for your reply bro.
How long did you last in this similiar scb cdd role? Very siong? The person tell me will work till late hours etc almost everyweek.
I only stayed for 6 months. CDD is a volume role. It was the worst decision because basically this role is a contract and there is no prospect for you to move to a perm. If yes, you are competing with many contractors. I left for another perm role in another bank because I realised that this Scb contract role is just like a remediation and they need to complete it using the least cost. Alot of contractors left halfway without finishing the contract. Not to say the non intention to convert you into perm. At most it will be renewal of contract.
Reply With Quote
  #950 (permalink)  
Old 20-08-2017, 03:37 PM
Unregistered
Guest
 
Posts: n/a
Default AML Investigation Role

What do you guys think about the career progression/development for aml investigation role? Is it possible for one to get into corporate finance, investment banking, trading, asset management ,etc lines after 1-2 years in this position?
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
MAS for Mid Career Professionals Soul Companies 482 Today 06:33 PM
How to enter middle office (KYC, Compliance, Risk Management) in bank ? ZoOq Income and Jobs 17 04-10-2017 09:56 AM
Income for IT Professionals sudoku Income and Jobs 10 24-10-2014 07:20 PM
what does corporate hr executives/professionals do? lmaohaha Income and Jobs 2 12-05-2012 06:03 PM
Professionals and Managers - Is Your Pay above the Median? Salary.sg Income and Jobs 174 04-10-2009 07:42 PM

» 30 Recent Threads
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,081 Replies, 2,528,372 Views
Maybank ( 1 2 3)
21 Replies, 6,822 Views
How is HTX Associate Programme... ( 1 2 3)
21 Replies, 6,785 Views
Compare civil service salary ( 1 2 3... Last Page)
12,606 Replies, 7,352,313 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
2,686 Replies, 1,285,589 Views
Lawyer Salary ( 1 2 3... Last Page)
13,740 Replies, 4,622,407 Views
Work culture in IHiS ( 1 2 3... Last Page)
148 Replies, 137,698 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
482 Replies, 273,647 Views
Roles in accenture singapore ( 1 2 3... Last Page)
2,018 Replies, 523,477 Views
Starting Pay for CS/Ministries... ( 1 2 3... Last Page)
243 Replies, 110,076 Views
Queries about Cpib application ( 1 2 3... Last Page)
1,269 Replies, 642,186 Views
UOB Management Associate Program ( 1 2 3... Last Page)
447 Replies, 276,482 Views
IMDA (under MCI) ( 1 2 3... Last Page)
119 Replies, 58,070 Views
ST Electronics ( 1 2 3... Last Page)
2,335 Replies, 575,163 Views
Career as Teacher ( 1 2 3... Last Page)
4,009 Replies, 2,505,058 Views
How is life as a doctor in... ( 1 2 3... Last Page)
2,753 Replies, 1,414,051 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,699 Replies, 4,357,741 Views
If you can't find a company here... ( 1 2)
12 Replies, 1,553 Views
GIC (Government of Singapore... ( 1 2 3... Last Page)
329 Replies, 453,717 Views
Asset Management Salary ( 1 2 3... Last Page)
33 Replies, 4,040 Views
DBS tech seed programme ( 1 2 3... Last Page)
869 Replies, 224,138 Views
Pacific Century CyberWorks (PCCW)
1 Replies, 60 Views
Working Culture in IRAS ( 1 2 3... Last Page)
56 Replies, 86,546 Views
All about Home Affairs Senior... ( 1 2 3... Last Page)
182 Replies, 208,384 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
87 Replies, 23,186 Views
Visa Inc
0 Replies, 52 Views
Shopee
0 Replies, 85 Views
Food Panda
1 Replies, 68 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 08:17 PM.


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