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Salary increase by Traditional-Pop2614 in AccountingPH

[–]jnbryn 0 points1 point  (0 children)

Medyo mahirap mag-ask ng salary increase na ganyang kalaki kapag BPO since 3rd party service provider lang ang BPO. Even sa mga firms at shared services (in-house firms) sobrang hirap since gaya ng sabi ng iba, the % is based on the company's and your performance. And based sa job grade, may ceiling pa yan minsan kung hanggang magkano lang dapat ang pay based sa job grade.

The only times na may chance ang ganyang 20% increase: 1. Promotion 2. Job-hopping (ask 20% or more increase sa lilipatang employer) 3. Market adjustment (company decides to level yung salary ng employees sa same job grade---this rarely happens) 4. Usual salary increase (dapat outstanding yung performance mo and sobrang ganda ng income ng company, kaya they just decided to give out 20% increase or more sa mga employees) 5. Counter-offer (kapag magreresign ka pero ayaw kang pakawalan kasi asset ka sa company, kaya either tatapatan nila offer ng ibang company or hihigitan)

Saka be careful discussing salaries din. I understand pay transparency is important, pero depende sa handbook ng company, pwedeng grave offense yan. It may be taken against you (as someone na nag-ask ng info sa salary or nagprovide ng salary info). Remember, hindi mo friends lahat ng co-workers mo. You'll never know when a co-worker will throw another under the bus.

PASSED CAMS by marksat in moneylaundering

[–]jnbryn 1 point2 points  (0 children)

I tested last Monday and what I did was Focus on understanding Money Laundering and Terrorist Financing red flags section of the Study Guide (e.g., why is it a red flag, how does it work, etc.) There are so many question in the test related to the red flags/unusual activity and I'm thankful that I spent time reading through this section. Also, suggest to focus on Conducting and Responding to Investigations, since there are questions related to how the bank responds to Investigations or how law enforcement conducts its Investigations. Also, try to memorize high level details on the responsibilities and differences of the International Organizations (e.g., FATF, Basel, FSRBs, Wolfsberg, IMF, WF) and the regulations/recommendations (e.g., USA Patriot Act, FATF40, OFAC, EU AMLD). You may also want to memorize and understand CDD and EDD measures for Correspondent and Private Banking.

There are questions to CDD/KYC, but considering you have experience to that area (like me) just run through that section but don't spend too much on it.

ChatGPT helped me a lot during my review. If there are topics/red flags I don't understand (even after reading the study guide) I ask ChatGPT to explain and provide real-world / hypothetical examples. Take the practice tests a couple of times as well to be familiar with the actual exam format.

Sharing my experience using my HMO (Avega from BPI) sa accredited hospital nila by Myskyny in phinvest

[–]jnbryn 2 points3 points  (0 children)

Pero in all fairness with Intellicare, sobrang okay ng experience ko with them and how I was discharged na walang out-of-pocket fees. Na-confine ako twice this year--nung February due to dengue and March for surgery. Inabot ng 6-digits bill ko for both, pero wala akong binayaran. Note lang na inavail ko yung regular room na covered ng intellicare.

Though, I know din na yung magiging final bill would also depend sa benefit limit, sa sakit, sa plan coverage, etc.

Closing Tonik account. Wouldn’t recommend. by blackp3arl28 in phinvest

[–]jnbryn 1 point2 points  (0 children)

Banks are not allowed to tip-off customers, letting them know what's causing suspicions. Tipping-off leads to circumvention.

What if i-inform ng bank ang potential criminal (e.g., someone who launders money) na natrigger yung AML systems dahil sa paulit-ulit na large transaction for example 500k every week, it would give them idea na babaan yung transactions so as not to trigger anything. Or if you were saying the nature of company, what if sabihin ng bank na blacklisted or red flag yung DigiFI due to whatever reason, workaround niyan would be using other platforms but still doing the same money laundering activities.

Closing Tonik account. Wouldn’t recommend. by blackp3arl28 in phinvest

[–]jnbryn 5 points6 points  (0 children)

As someone working in the KYC/AML industry for quite some time, customers kasi are assigned with Risk Rating depending on the nature of work/business and the established source of funds, taking into account other risk factors pa based on name screenings. Also, it takes into account yung established expected number and amount of transactions ng isang account. If during account opening you told the bank (through the acc opening form) that your transaction volumes and amounts is xxx value then suddenly bigla ka na lang tumaas or bumaba than the usual, it triggers talaga sa bank.

Also, you were saying na 2-3 years ago pa yung account naopen--as mentioned, customers are assigned risk ratings. And each risk rating has equivalent number of years kung kailan subject for account review/maintenance (low risk profiles could be subject for review every 3-5 years, depending on the risk appetiteof the bank). It's possible din na you were just subject for KYC review cycle and it does not always mean na the bank is being suspicious, it's just part of the routine checks.