Layoffs apparently in GFCC AML investigations in San Antonio, Delaware and Brooklyn. Not sure how many are being let go and if they are doing multiple rounds or just isolated partial layoffs.
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Was thinking of applying at Wilmington. What is "AML"?
Recent Influx of JPMORGAN executives at BNYMELLON
Coincidentally told today we want to increase KYC , Risk and Compliance headcount at BNY Mellon. hmmmm
Apply now. Even less pay. Soon to be the same $% JPMORGAN atmosphere
2 teams informed that their roles were being moved to Hyderabad , India later in the year. And quite a few AML analysts laid off today in Delaware.
There were cuts all around. Heard compliance was also affected.
Also heard risk too.
The trend for a while now has been shrink QA as much as possible. It doesn’t look like this is changing anytime soon.