It was said yet again, I implore AML employees to shake the dust off, the bloodbath is incoming
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I would def agree that a good possibility is that aml will go to fraud, but i hear the pay grades are worse…
I heard Fraud Ops will be hiring again early next year, and AML folks will be transferring there. I am sure leadership is looking to find everyone a job to prevent mass layoffs and negative publicity.
This is scheduled q1 and 2 of 2024
Come on, no ones gotten the axe yet. It's still several days until Christmas, they should be gone by late Christmas Eve. Ho! Ho! Ho!
Anyone in aml get the axe yet??
So in reality, they want to trim rhe fat, iow, the weakest link…makes sense…
Aml is at 473 as of today and the dept wants to slim down to 8 analysts per manager. 38x8=304 give or take. Do the math
Dont wanna go into the office tomorrow, afraid of layoffs in aml…
@2kzo+1q46F8cy
Without your post, I guess AML employees would have no idea what is happening. Thanks so much for your announcement.
Those of you in AML Operations, it’s really simple: alert rule tuning is massively reducing alert volume. More is coming Less alerts means less people needed. Yes, hundreds of analysts will no longer be needed in the coming months because there is not enough work to keep everyone busy.
@1qqw+1q46F8cy
That would be an easy lift and shift solution. Those are planned out in advance. Watch your step because that is not considered job elimination but rather weeding out.
A friend of mine in bank AML has been looking internally and externally. There days when it’s a waste of time going into office and there’s very little work or none at all to get assigned. She fears her area will be hit with the 60 day notice sometime in Q1.
All I know is that there are analysts who don't even know what day it is…shouldn’t be that fl difficult to weed them out…
It won't just be AML who needs to watch out. There are many areas of the company that could easily be moved overseas temporarily or contracted to third parties to manage locally. I would be more concerned about being fired before I even thought about layoffs. The write ups will start pouring in right before it happens, as many have already pointed out.
What area of AML?
Or just make sure you are producing and/or you are meeting quality metrics….its no longer easy street…the trimming of the fat has begun…