| 19-03-2018 11:13 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
dont listen to the naysayers, KYC/AML cannot be outsourced due to regulation. People like us with strong knowledge can easily capture 20-30% per jump and never stay beyond 2 yrs to get headhunted again. Eventually will go into advisory at senior level with KYC/AML so dont worry
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Haha yeah. The problem now is whether should I take a lower salary to step foot into the banking industry and start from scratch there (kyc ops to aml) or to just take up the mnc role. Hmm tough choice :/
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| 19-03-2018 11:09 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
may I know which industry is the MNC role?
I would say go for MNC.
I went to an MNC from a bank. Salary, culture and learning are much better.
Unless you just want to be in banking, be open to other options as well.
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Professional services industry, listed in the UK
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| 19-03-2018 10:40 PM |
| Unregistered |
dont listen to the naysayers, KYC/AML cannot be outsourced due to regulation. People like us with strong knowledge can easily capture 20-30% per jump and never stay beyond 2 yrs to get headhunted again. Eventually will go into advisory at senior level with KYC/AML so dont worry
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| 18-03-2018 02:34 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
Hey there! Since you mentioned that you have been working in kyc for 4years, may I seek your advice on my current situation? I was being offered a kyc role in a bank doing name matching, cdd, etc and was offered a 20% increment to join a UK mnc, however I wasn't sure of which offer should I take.
Would you recommend me to step my foot into the banking industry given that the prospect and learning curve is much better than non banking industry? (can eventually move from kyc to aml)
Please advise, thanks thanks!
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may I know which industry is the MNC role?
I would say go for MNC.
I went to an MNC from a bank. Salary, culture and learning are much better.
Unless you just want to be in banking, be open to other options as well.
|
| 18-03-2018 12:45 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
Hey there! Since you mentioned that you have been working in kyc for 4years, may I seek your advice on my current situation? I was being offered a kyc role in a bank doing name matching, cdd, etc and was offered a 20% increment to join a UK mnc, however I wasn't sure of which offer should I take.
Would you recommend me to step my foot into the banking industry given that the prospect and learning curve is much better than non banking industry? (can eventually move from kyc to aml)
Please advise, thanks thanks!
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may I know what industry is the US MNC in? I would say go for the US MNC. I was from banking and went to MNC. Learning, salary and culture much better than banks. But this is my opinion.
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| 18-03-2018 12:26 PM |
| Unregistered |
Career advice
Quote:
Originally Posted by Unregistered
Depends. But I will choose KYC. Been in this area for 4 years. Good pay also. I dont really like transaction monitoring.
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Hey there! Since you mentioned that you have been working in kyc for 4years, may I seek your advice on my current situation? I was being offered a kyc role in a bank doing name matching, cdd, etc and was offered a 20% increment to join a UK mnc, however I wasn't sure of which offer should I take.
Would you recommend me to step my foot into the banking industry given that the prospect and learning curve is much better than non banking industry? (can eventually move from kyc to aml)
Please advise, thanks thanks!
|
| 04-03-2018 08:23 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
Having the pre-requisite skills/knowledge is subjective for different managers isnt it?
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It is, but the same can be said for other conditions isn't it? My earlier response was targeted at TS' post.. I presume he will be applying for a experienced role given his background. In all honesty, which manager would hire someone who knows nuts regarding the nature of the scope for an experienced post that you're trying to fill?
At least for all the candidates I've interviewed for (i'm not the final decision maker btw) before filtering them out for my boss, the very first indications that i will be looking for is to validate their experiences / knowledge... based on what they've claimed in their CV / the cv sent by the recruiter or my HR... then followed up by all other contributing factors.
I'm not saying this is the only way of doing it which I've indicated clearly in my previous post... each FIs have their own way of measuring suitability
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| 04-03-2018 07:53 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
committed in what?
longevity in job tenure is one thing, but having relevant skillsets / knowledge for the advertised role supersedes all.
From the way you asked, i presume you're fishing for opinions on whether being in the same job for a reasonable amount of years = comparative advantage to other candidates who may not have the same... well it depends.
There are a dozens of other factors to consider as well.... it is certainly something "good to have"... but honestly, it's not going to be a deal-breaker for as long my candidate has the pre-requisite skills / knowledge.
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Having the pre-requisite skills/knowledge is subjective for different managers isnt it?
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| 04-03-2018 06:58 PM |
| Unregistered |
Quote:
Originally Posted by dreamzknight
let me ask another qns, if a person is doing Retail CDD for 5 years and is his only job, is it good? Wouldnt employers think this person is a committed person?
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committed in what?
longevity in job tenure is one thing, but having relevant skillsets / knowledge for the advertised role supersedes all.
From the way you asked, i presume you're fishing for opinions on whether being in the same job for a reasonable amount of years = comparative advantage to other candidates who may not have the same... well it depends.
There are a dozens of other factors to consider as well.... it is certainly something "good to have"... but honestly, it's not going to be a deal-breaker for as long my candidate has the pre-requisite skills / knowledge.
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| 04-03-2018 06:38 PM |
| dreamzknight |
Quote:
Originally Posted by Unregistered
I just dont like to monitor transactions.
For kyc, there are sayings that it will be outsourced but regulators want it to be located within the company.
Maybe the process will be streamlined to make it more efficient.
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let me ask another qns, if a person is doing Retail CDD for 5 years and is his only job, is it good? Wouldnt employers think this person is a committed person?
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