Document Specialist/Preparation
 

Hi,

recently got offered a role within a global bank for document preparation within the legal team.

based on the job scope it will be largely related to corporate banking (ie facility letters etc).

I was wondering what's the prospect of the opportunity. I'm actually keen to do or move into compliance.

wah now ops admin become 'document specialist' @_@

TS - A job doing documentation & generate facility letter. And you want career prospects???

of course I want to know what I can work towards hence giving me a better decision as to whether i should take up the job.

it seems bleak to me but I'm not to familiar, hence this post

Yea, but surely a little common sense will tell you the obvious? What prospect do you want from generating loan letters in a bank? Seems to me you should already know the answer but hoping somebody will tell you otherwise.

though i agree with others this admin role is dead end, you can consider if ur currently unemployed and academics not good. having a job is always better for future nego compare to jobless.

yeah okay sure. I will just go with KYC/AML job.

i think kyc/aml need proper cert. wats ur background?

I got an offer for a few roles related to compliance, but one was this docu prep, so I'm wondering if its any good at all.

Just a fresh grad with an intern experience

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

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?

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.

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.

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

Everyone likes to dream. Let them keep dreaming aloud

I saw a few posts, and they're paid even more than that