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  #11 (permalink)  
Old 19-02-2017, 12:32 PM
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I got an offer from a European bank for KYC as well for 4.9k, worked in another bank on the trade management side for 1+ year. Is this a fair & standard rate?
Quite low. See other threads ppl r saying they getting paid 6k for just 1year of exp

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  #12 (permalink)  
Old 19-02-2017, 06:02 PM
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Quite low. See other threads ppl r saying they getting paid 6k for just 1year of exp
Thanks for the info.

Thats why I am worried. Inititally I ask for 5.5k, but somehow the offer was only 4.9k which is just $100 more than what I am drawing now.

Seems like I need to negotiate with the recruiter first.

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  #13 (permalink)  
Old 19-02-2017, 06:46 PM
jtc jtc is offline
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Originally Posted by Unregistered View Post
Thanks for the info.

Thats why I am worried. Inititally I ask for 5.5k, but somehow the offer was only 4.9k which is just $100 more than what I am drawing now.

Seems like I need to negotiate with the recruiter first.
wah after 1.5 years of experience can get so much ah? mind asking whats your job scope with regards to KYC?

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  #14 (permalink)  
Old 20-02-2017, 12:00 AM
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Thanks for the info.

Thats why I am worried. Inititally I ask for 5.5k, but somehow the offer was only 4.9k which is just $100 more than what I am drawing now.

Seems like I need to negotiate with the recruiter first.
How much is your bonus? Total package is it higher for the new offer?
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  #15 (permalink)  
Old 20-02-2017, 08:11 PM
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How much is your bonus? Total package is it higher for the new offer?
My current bonus is ~5 months, the new bank also indicate their bonus is 4-5 months subject to the usual performance criteria. So annual package works out to be a slight increase.

Anyway I went back to the recruiter to renegotiate and she managed to get a 5.3k offer which I accepted verbally and will be going down to sign once they complete all the checks and prepare the letter.

Thanks to all for your feedback.
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  #16 (permalink)  
Old 20-02-2017, 08:15 PM
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wah after 1.5 years of experience can get so much ah? mind asking whats your job scope with regards to KYC?
This is my first KYC offer as well, now working in TM side. Based on the interview with the hiring manager, it sounds to me quite the standard description like research & analyze client data, submit investigation reports, work with risk management side to assess risk and advise internal controls etc.
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  #17 (permalink)  
Old 20-02-2017, 08:50 PM
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Is this thread for real? How can kyc earning around 5k for just a year of experience?
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Old 21-02-2017, 09:00 AM
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Is this thread for real? How can kyc earning around 5k for just a year of experience?
Hearsay if they clock 4 more years of experience can become pm of singapore
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  #19 (permalink)  
Old 21-02-2017, 10:09 AM
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Is this thread for real? How can kyc earning around 5k for just a year of experience?
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  #20 (permalink)  
Old 15-05-2021, 06:29 AM
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Quite low. See other threads ppl r saying they getting paid 6k for just 1year of exp
I saw a few posts, and they're paid even more than that
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