My First Post

Well, technically this is the first post for this blog.  I do have several other blogs which I maintained for non-banking related matters.  But this will be my first attempt to blog about banking. 

Before I go any further, a brief background of myself.  I'm a banker with more than 12 years of experience, ranging from internal audit, risk management and compliance, specifically, regulatory compliance and AML compliance.  

These 12 years, I had to learn many things by myself with little or few references for me to learn about this field.  I noticed there's a dearth of explanation in laymen's term on many of the things that we apply in our work on daily basis that newbies have trouble to get up to speed at work.  

As the industry is heavily regulated with different regulatory stakeholders locally and internationally, many newbies make do with little knowledge they have.  If they're lucky, they get a good supervisor that would guide them on why certain things must be done certain ways.  But alas, how many would be lucky enough to get such a good supervisor.  Of which I had a fair share of both types.  But if one is patient enough, you will still be able to learn from these less good supervisors too!

Therefore, here I am.  Writing in laymen language where possible.  So the knowledge I have can be imparted for the benefit of newbie bankers.  So read on!

Disclaimer

To maintain banking secrecy, there will be no mention of any identifiable mention of any banks or customers.