Ask A Headhunter!

[sonaoption]

for a compliance officer, which professional qualifications are recommended and the respective order of importance:

- CFE
- CFA
- FRM
- PRM
- ACAMS
- ICA diploma
- MBA

Say we limit the scope to teams specialised in:
A) financial crimes (Anti-money laundering/ anti-bribery and corruption)
B) regulatory reporting to MAS

 

[deadbeat]

have you heard of Top Grade/ FocusCore recruitment?

 

[Ask A Headhunter]

for a compliance officer, which professional qualifications are recommended and the respective order of importance:

- CFE
- CFA
- FRM
- PRM
- ACAMS
- ICA diploma
- MBA

Say we limit the scope to teams specialised in:
A) financial crimes (Anti-money laundering/ anti-bribery and corruption)
B) regulatory reporting to MAS

The most useful certification you will need is ACAMS.

Anything else, although useful, is negligible.

my headings/sub headings are font size 12 and main text size 10 calibri. is this too small?

Don't think so.

have you heard of Top Grade/ FocusCore recruitment?

No

What could I do to be head hunted?

Update your cv often in online portals, maintain a updated linkedin profile, etc

When changing jobs, is it ok to factor the performance bonus into the annual package when quoting my salary to the hiring company? Especially if I come from a company where a salary structure of low basic pay and high bonus is the norm?

No. It is usually not ok. Unless your bonus is "exceptional"

 

[mepick]

On jobstreet, there are jobs such as only data entry.
May I know what are the industries which need such staff ?

 

[Ask A Headhunter]

On jobstreet, there are jobs such as only data entry.
May I know what are the industries which need such staff ?

Every industry basically.

 

[pinky_junior]

Let's say there is a candidate:
- Currently drawing a super underpaid salary of $1.5K,
- You know he/she deserve more based on industry std, experience and expertise.
- New job's salary expectation is $2K

Then there is this employer who is looking for a candidate like him/her and can offer up to 4.5K/mth.

Will the agent still forward his/her profile over or drop the candidate off immediately due to the different level in the pay scale?

 

[Ask A Headhunter]

Let's say there is a candidate:
- Currently drawing a super underpaid salary of $1.5K,
- You know he/she deserve more based on industry std, experience and expertise.
- New job's salary expectation is $2K

Then there is this employer who is looking for a candidate like him/her and can offer up to 4.5K/mth.

Will the agent still forward his/her profile over or drop the candidate off immediately due to the different level in the pay scale?

Just because a company can pay 4.5k a month doesn't mean the company will

But the agent will usually forward your profile still.

 

[yodatan]

Will satki black vios increase your satki market value??

 

[xtreamzz]

For a candidate (fresh grad) with a degree in engineering working in a commercial role now, would pursuing a post grad degree in MBA / equivalent or in engineering/sciences be more advantageous in progressing to a more management role in the future? Say if the industry is to continue to remain in the commercial side.

 

[Ask A Headhunter]

For a candidate (fresh grad) with a degree in engineering working in a commercial role now, would pursuing a post grad degree in MBA / equivalent or in engineering/sciences be more advantageous in progressing to a more management role in the future? Say if the industry is to continue to remain in the commercial side.

an MBA is useless without substantial relevant work experience.

An MBA would in most instances, not make you promote to management faster, without substantial work experience.

 

[pinky_junior]

Just because a company can pay 4.5k a month doesn't mean the company will

But the agent will usually forward your profile still.

so if the employer is interested to hire the candidate, will the agent inform the candidate beforehand of the client's budget or help them to fight for the higher pay than just 2k?

 

[Velana]

Nowadays I keep receiving calls from indian headhunters, trying to offer me a "Fantastic Job opportunity" as a desktop support or helpdesk support, or IT support.

WTF man, these guys don't know how to read my resume? the best part is they will always say they saw my resume and was wondering if i am interested or not.
I'm not even working in that line now!

And they always asking me how much I'm asking for... WTF!? still didn't read my resume! every details are in there already!

 

[xtreamzz]

an MBA is useless without substantial relevant work experience.

An MBA would in most instances, not make you promote to management faster, without substantial work experience.

Thanks for the prompt reply. In that case, what do you qualify as substantial work experience and should a masters be taken after that has been achieved? What other options do you suggest to enable the candidate to get to management faster? Thanks

 

[Ask A Headhunter]

so if the employer is interested to hire the candidate, will the agent inform the candidate beforehand of the client's budget or help them to fight for the higher pay than just 2k?

agent usually must inform the client how much the candidate is currently on.

agent has no obligation to inform the candidate how much is the client budget, as long as the client can pay a reasonable amount. (eg: don't move on the same salary, or pay cut, etc)

Thanks for the prompt reply. In that case, what do you qualify as substantial work experience and should a masters be taken after that has been achieved? What other options do you suggest to enable the candidate to get to management faster? Thanks

at least 5 years relevant work experience in respect to the job you are applying for.

Move into management faster quite easy, don't job hop, plan your career strategically and move when the time is right.

Usually after every 3 years to 5 years move once, then move every year.

 

[0385985]

What are the reputables headhunting/recruiting companies in the industry? I have cold calls from different recruiting companies, but not sure whether they are good or not.

 

[pinky_junior]

agent usually must inform the client how much the candidate is currently on.

agent has no obligation to inform the candidate how much is the client budget, as long as the client can pay a reasonable amount. (eg: don't move on the same salary, or pay cut, etc)

ok what if let's say more dramatic kind of scenario where the client budget for the post is $4.5k (min) to $6k (max)?
Agent will also not advice anything to the candidate who is obviously extremely underpaid?

 

[Ask A Headhunter]

What are the reputables headhunting/recruiting companies in the industry? I have cold calls from different recruiting companies, but not sure whether they are good or not.

Hendrick and Struggles
Korn Ferry
Egon Zendhner
Spencer Stuart

 

[Ask A Headhunter]

ok what if let's say more dramatic kind of scenario where the client budget for the post is $4.5k (min) to $6k (max)?
Agent will also not advice anything to the candidate who is obviously extremely underpaid?

Ok let's be realistic.

I said this many times in this thread already.

The more salary you get, the more commission the HH get because he gets a percentage of your salary.

But then, he gets $0 commission if he does not close the deal.

The offer is given by the client, not the HH, and if the client LLST don't want to give you a high offer, there is nothing the HH can do.

Of cos, before any interview, the HH can tell the client how much the candidate is expecting. and there is a possibility that the client will not even interview the candidate (knowing his expected salary)

And let's face it, there is a reason why certain people are underpaid (to put it bluntly)

 

[pinky_junior]

Ok let's be realistic.

I said this many times in this thread already.

The more salary you get, the more commission the HH get because he gets a percentage of your salary.

But then, he gets $0 commission if he does not close the deal.

The offer is given by the client, not the HH, and if the client LLST don't want to give you a high offer, there is nothing the HH can do.

Of cos, before any interview, the HH can tell the client how much the candidate is expecting. and there is a possibility that the client will not even interview the candidate (knowing his expected salary)

And let's face it, there is a reason why certain people are underpaid (to put it bluntly)

hmm well, i'm actually referring to the opposite scenario where candidate only expecting $2k, but his portfolio fit to those min $4.5k job post.
If the client know of someone who fit their criteria, but only expect 50% less than the previous employee, why would they not want to interview and hire them?

and yeah, agreed with the last point, but i've heard a few times that whenever a candidate realize their value and update the resume with >20% pay increase expectation, agent will advise them to change, regardless of industry std pay. and these are actually candidates who plan to leave their company because of the limited salary increment issue!

thus why sometimes the cycle repeat itself; not easy for people to get out of the underpaid cycle once they set a wrong foot for their first job. Otherwise you need really dare to speak up to challenge your worth

 

[Ask A Headhunter]

hmm well, i'm actually referring to the opposite scenario where candidate only expecting 2k, but his portfolio fit to what a 4.5k job post.
If the client know of someone who fit their criteria, but only expect 50% less than the previous employee, why would they not want to interview and hire them?

and yeah, agreed with the last point, but i've heard a few times that whenever a candidate realize their value and update the resume with >20% pay increase expectation, agent will advise them to change, regardless of industry std pay.
thus why sometimes the cycle repeat itself. It's also why i think is important to start out with the right path. Otherwise you need really dare to speak up to challenge your worth

If you expect 2k salary, most of the time you will get 2k salary.

There will be times you get 2.2k or 2.3k (if the agent is good and knows the client well) but definitely not 4k because that is too far off the mark

The amount you expect is decided by you. If the agent say you too high, or the HR say you too high, then forget about it then move into other jobs that can pay higher.

Another point to emphasize is that if you do exceptionally well in your current company, you will be promoted (and get a pay jump).

A lot of MNC (especially financial institutions) give up to 10 to 15% pay hike for promotion. (it's as good as moving to another company, yet showing on your cv that you are not a job hopper)

So instead of always thinking of jumping to get a higher salary, should perform at a very very high level at your current company and fight for promotion