QUOTE(jasmine_wms @ Feb 27 2011, 04:40 AM)
Hi guys, i got called up for the interview too on Monday.
Well before i read this thread i thought working in Citi is kind of glamorous but now it's kinda surprise to see so many negative comments here too.
the main reason i wanna enter and nail this offer is to gain more experience since it seems that the reasons i flunk previous interview or not qualified for the job is because lack of experience.
i wonder what is the prospect of this AMLA? and will the working experience in position help in future job hunting if i were to choose different career path (prolly like credit analyst) but still in banking line?
please advice
I know someone doing the exact same role in Citibank. She couldn't wait to get out! While the Citibank brand IS glamorous, you need to be doing the right jobs. For example, Corporate and Investment Banking @ Citicorp. Or Emerging Markets Credit Trading (Treasury Division). But I think both departments were moved to Singapore recently. Well before i read this thread i thought working in Citi is kind of glamorous but now it's kinda surprise to see so many negative comments here too.
the main reason i wanna enter and nail this offer is to gain more experience since it seems that the reasons i flunk previous interview or not qualified for the job is because lack of experience.
i wonder what is the prospect of this AMLA? and will the working experience in position help in future job hunting if i were to choose different career path (prolly like credit analyst) but still in banking line?
please advice
AMLA to Credit Analyst? Funny, but no. AML is like 0.001% what a Credit Analyst must be aware of. If you seriously want to be a Credit Analyst, I suggest you start off by doing actual Credit work. And go complete your CCP Business or equivalent certification. Get used to presenting your papers to a bunch of senior people as credit analysts will be required to present his/her case to the Credit Committees /EXCO/BOD. That is, if you survive pushing your case thru Credit Underwriting whose sole responsibility would be to tear your case a new one.
QUOTE(WorkBook @ Mar 15 2011, 05:06 AM)
I am one of ex-AML analysts too!! Firstly let me reiterate here, the way one department functions do not determine the whole organization culture. I have prepared checklist on what employees expect from a job and i have highlighted how it works in AML:
MONEY: You work for 12 HOURS per weekday and you are paid with RM2400 per month before EPF,SOCSO&TAX DEDUCTION. After all deductions, you will receive RM2120. Then take the nett amount of RM2120/22(average working days)=RM96.36 After that, minus with your daily expenses to work, RM96.36-RM15(breakfast,lunch&dinner)-RM5(transportation fees)=RM76.36 Next kindly take your nett pay per day DIVIDED by your 12 hours work, you may receive the nett amount of your earning per hour RM76.36/12= RM6.40 This is how much you sell your time!
MANAGEMENT SKILLS: I seriously think they need to get adhoc management class! I personally curious if skills developed from personal attribute or undergoing classes! Dear management, please learn to differentiate between appearing AGGRESSIVE and PROFESSIONAL.
COLLEAGUES: Still fine. But you are not here to make friends, are you?
ENVIRONMENT: Quiet environment unless you sat beside or near to noisy and loud people.
KNOWLEDGE & SKILLS DEVELOPED: extremely limited and you don't know what to write in your resume and where to go after taking up this job! 90% of their staffs staying there because they don't know where to go and they are afraid to take bigger steps! but now i see many of them quitting this job and start finding new job as they finally realised the importance of moving out from this hell!
Added on March 15, 2011, 5:12 am
I guess what's more important for fresh graduates is to look for "career" instead of job. since you are still working in AML, kindly share with us the reason behind high employee turnover? it's always clearer to look into inner side.
@workbookMONEY: You work for 12 HOURS per weekday and you are paid with RM2400 per month before EPF,SOCSO&TAX DEDUCTION. After all deductions, you will receive RM2120. Then take the nett amount of RM2120/22(average working days)=RM96.36 After that, minus with your daily expenses to work, RM96.36-RM15(breakfast,lunch&dinner)-RM5(transportation fees)=RM76.36 Next kindly take your nett pay per day DIVIDED by your 12 hours work, you may receive the nett amount of your earning per hour RM76.36/12= RM6.40 This is how much you sell your time!
MANAGEMENT SKILLS: I seriously think they need to get adhoc management class! I personally curious if skills developed from personal attribute or undergoing classes! Dear management, please learn to differentiate between appearing AGGRESSIVE and PROFESSIONAL.
COLLEAGUES: Still fine. But you are not here to make friends, are you?
ENVIRONMENT: Quiet environment unless you sat beside or near to noisy and loud people.
KNOWLEDGE & SKILLS DEVELOPED: extremely limited and you don't know what to write in your resume and where to go after taking up this job! 90% of their staffs staying there because they don't know where to go and they are afraid to take bigger steps! but now i see many of them quitting this job and start finding new job as they finally realised the importance of moving out from this hell!
Added on March 15, 2011, 5:12 am
I guess what's more important for fresh graduates is to look for "career" instead of job. since you are still working in AML, kindly share with us the reason behind high employee turnover? it's always clearer to look into inner side.
I agree with Kelvin. Your math has some serious issues man. But you are spot on with your take about the prospects of the job. The AMLA role is very very limited in job scope and skills transferability. This is obvious. How can you grow into a more challenging role when all you seem to do is to do the same stuff over and over again? What is/has been the takeaway from your X years on the job?
Mar 15 2011, 02:58 PM

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