AML/Compliance/KYC professionals come in! - Page 159 - 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
  #1581 (permalink)  
Old 13-01-2022, 11:28 PM
Unregistered
Guest
 
Posts: n/a
Default

Hi all, im doing kyc in a local bank and coming to the end of my 1 year contract in about 3 months time

Can I know how much can i expect with 1 year exp if i apply for other banks? Possible to get a flat 4k offer with just 1 year exp?

Reply With Quote
  #1582 (permalink)  
Old 14-01-2022, 03:32 PM
Unregistered
Guest
 
Posts: n/a
Default

Had 1 year of work experience in AML advisory.. and has gotten ACAMS.. however I realise my company do not value the cert at all… may I know is ACAMS cert useful? Does it helps with pay increment/progression in any particular firm?

Reply With Quote
  #1583 (permalink)  
Old 15-01-2022, 03:09 PM
Super Member
 
Join Date: Apr 2020
Posts: 222
sinkingfeeling is on a distinguished road
Unhappy

Quote:
Originally Posted by Unregistered View Post
Hi all, im doing kyc in a local bank and coming to the end of my 1 year contract in about 3 months time

Can I know how much can i expect with 1 year exp if i apply for other banks? Possible to get a flat 4k offer with just 1 year exp?
You got uptron degree?

Reply With Quote
  #1584 (permalink)  
Old 17-01-2022, 09:01 PM
Unregistered
Guest
 
Posts: n/a
Default

Hey guys, looking for some help with expected salary.

Im at a final round of interviews with HR for an avp position at a local firm. I have 5 years of experience and my current salary is 5.5k, would it be reasonable if I were to ask for 6.5-7k expected salary for the position?

I came to that number as it seems I would have to give up my increment and bonus this year if I were to accept this role.

Hoping to get some expertise on this. Thanks!
Reply With Quote
  #1585 (permalink)  
Old 17-01-2022, 09:02 PM
Unregistered
Guest
 
Posts: n/a
Default

Hey guys, looking for some help with expected salary. I have also posted this in the other bank thread.

Im at a final round of interviews with HR for an avp position at a local firm. I have 5 years of experience and my current salary is 5.5k, would it be reasonable if I were to ask for 6.5-7k expected salary for the position?

I came to that number as it seems I would have to give up my increment and bonus this year if I were to accept this role. Just confused with the current market rates

Hoping to get some expertise on this. Thanks!
Reply With Quote
  #1586 (permalink)  
Old 17-01-2022, 11:21 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I take it you're in the low 3k figures as an associate? The increment to senior associate is over 30% so why not wait for that before you jump?
Shd gain some assignments aka assignments while u get that senior Assoc as suggested to nego for higher pay jump. Think further ahead
Reply With Quote

  #1587 (permalink)  
Old 17-01-2022, 11:22 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Had 1 year of work experience in AML advisory.. and has gotten ACAMS.. however I realise my company do not value the cert at all… may I know is ACAMS cert useful? Does it helps with pay increment/progression in any particular firm?
Not really. Always good to have but not must have. More valued at us firms but u won’t get paid more becoz u have a cams
Reply With Quote
  #1588 (permalink)  
Old 17-01-2022, 11:23 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Hey guys, looking for some help with expected salary.

Im at a final round of interviews with HR for an avp position at a local firm. I have 5 years of experience and my current salary is 5.5k, would it be reasonable if I were to ask for 6.5-7k expected salary for the position?

I came to that number as it seems I would have to give up my increment and bonus this year if I were to accept this role.

Hoping to get some expertise on this. Thanks!
Seems like a reasonable number. Nego from your current expected overall package and work out an increment from there. If it’s local firm they may suppress u with expected bonuses but depends on your preference really as bonuses are always not gte
Reply With Quote
  #1589 (permalink)  
Old 17-01-2022, 11:25 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Hi all, im doing kyc in a local bank and coming to the end of my 1 year contract in about 3 months time

Can I know how much can i expect with 1 year exp if i apply for other banks? Possible to get a flat 4k offer with just 1 year exp?
Of course possible but depends on what you are currently drawing. If foreign banks I say 4.5 and more is not implausible.
Reply With Quote
  #1590 (permalink)  
Old 08-02-2022, 11:53 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Not really. Always good to have but not must have. More valued at us firms but u won’t get paid more becoz u have a cams
CAMS is not more / less valued at foreign / local banks. Its the most recognized certification in the field, everyone recognizes it equally.
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 1801 Today 12:51 AM
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
Is getting a PMP worth it ?
4 Replies, 7,098 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,309 Replies, 4,983,456 Views
Lawyer Salary ( 1 2 3... Last Page)
21,014 Replies, 10,329,478 Views
GovTech ( 1 2 3... Last Page)
5,161 Replies, 2,163,610 Views
Career as Teacher ( 1 2 3... Last Page)
10,833 Replies, 6,666,358 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,801 Replies, 1,044,223 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
679 Replies, 388,382 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
207 Replies, 134,607 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,922 Replies, 2,902,661 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,455 Replies, 784,436 Views
Nparks ( 1 2 3... Last Page)
39 Replies, 34,378 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,828 Replies, 4,656,864 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
309 Replies, 369,039 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,338 Replies, 4,770,497 Views
Compare civil service salary ( 1 2 3... Last Page)
16,342 Replies, 12,455,437 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
169 Replies, 309,144 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 813,947 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,807 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,385 Replies, 2,324,188 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 358,430 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,049 Replies, 440,577 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,375,225 Views
ST Electronics ( 1 2 3... Last Page)
3,767 Replies, 1,544,826 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 613,610 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,738,555 Views
MX12 reappointed at MX11
8 Replies, 818 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
749 Replies, 405,535 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,329 Replies, 1,142,152 Views
MFA- Foreign Service... ( 1 2 3... Last Page)
54 Replies, 84,978 Views
Cybersecurity/Info security career ( 1 2 3... Last Page)
511 Replies, 268,607 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 05:12 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2