Factual Local Bank Salaries - DBS , UOB , OCBC (A commoner climbing up the ranks)

Hi, anyone in the local banks know if your organisations mo/bo are hiring now? Have been trying to apply for a few roles over the last few months and receive zero response...

Originally Posted by Unregistered

Hi, anyone in the local banks know if your organisations mo/bo are hiring now? Have been trying to apply for a few roles over the last few months and receive zero response...

Try jobsbank.

FO ftw, no point working in BO

Anyone has reliable info on how much a Senior Officer in UOB is paid? Fresh grad. For MO/BO roles.

3.2k-3.5k max for normal hire no experience

How long does it usually take for local banks to get back with an offer?

I completed all rounds of interview with a local bank recently.

For those who have high salaries and have been working in a bank for some time, based on your observations and experiences, how easily does an individual get retrenched from a bank (perhaps, looking at the economy in the last 10-15 years)?

Originally Posted by Unregistered

For those who have high salaries and have been working in a bank for some time, based on your observations and experiences, how easily does an individual get retrenched from a bank (perhaps, looking at the economy in the last 10-15 years)?

Retrenchment means your position is being eliminated because of business restructuring, which means the bank can’t immediate hire your replacement.

However, there is a big “juniorization” trend in the past few years where they tend to replace older more experienced staff with cheaper junior staff. As your pay goes up, you need to be more ready for the axe. It’s the sad reality.

hi all, currently a civil servant but considering a job offer from a bank in a similar role. am thinking whether to base my asking pay on my current total annual package inclusive of bonuses, wondering if that is reasonable.

Originally Posted by Unregistered

hi all, currently a civil servant but considering a job offer from a bank in a similar role. am thinking whether to base my asking pay on my current total annual package inclusive of bonuses, wondering if that is reasonable.

No harm trying.

At most they will likely to offer you lower or match you.