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 Citigroup or Public Bank?, Need some advice..pls..

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Aloong
post Sep 24 2010, 02:02 PM

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Joined: Feb 2009
QUOTE(meichee @ Sep 24 2010, 01:46 AM)
Hi all,

I have recently received offers from Public bank as a Credit Administrations and Citigroup as a Anti Money Laundering Analyst. I need advice as where I shall go for my bright future? Thx..
*
Is the picture really u? If yes, i'll give more advises. hehehe js kidding.

To me, both jobs look very boring.

Credit Admin - Basically is the operational dept that takes care of the loan processes, calculation, interest calculation, sending our reminders, etc.
Typically after the merketing ppl get a client, they will send to Credit Analyst (which is diff from Credit Admin) to review and get approval for the
loan. After everthing approved and client accepted, the Credit Admin will follow thru on the adminstrative stuff.

AML Analyst - This is part of the compliance dept, which focus on AML training, AML audit, compliance, execution. I.e. make sure the staff understand and undertake AML guidelines (set by BNM and ur bank).

Altho both are boring, comparitively (assuming u choose to specilised in either one, AML have a better career / future than Credit Admin, in terms of monetary rewards. Cos AML is indeed very specialise compared to CA. Imagine why ER doctors wanted to specialised into surgeons?

But then, i doubt u will specialised, since u just started working (rite?). So, i would choose CA, cos CA is more diversified, and can go to other dept like credit analyst, commercial/corp banking, etc. Ur knowledge from CA (part of it) can still b useful.

While AML, is very specilised, tt it is only useful within compliance / internal audit.

So if u like compliance/legal stuff, choose AML.

Both banks are pretty ok lar.
I would vote for CA w PBB, bcos of the work and higher offer. And look for other relevant jobs after 1-2 yrs.

 

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