Factual Local Bank Salaries - DBS , UOB , OCBC (A commoner climbing up the ranks)
Hi,
Been searching for local bank salaries as I am progressing the ranks in a local bank. I checked through this forum and feel that many people are not giving realistic salaries. Example, work for 2 to 3 years can become AVP. or AVP salary > 15k etc. Below are the ranks that I am aware of based on my experience. I was working at the back office and now currently in the middle office. Hopefully the community can update what I type. I appreciate people giving actual salaries that they have received when working. Kindly avoid those" My friend told me" comments. Also, if you are a high flyer front office guy, please do comment on other threads. I believe if you are a senior rank person, ED, MD , you probably will not look at forums for salary guide. UOB: Class 2 Officer , Senior Officer, Manager, AVP, VP1, VP2, FVP ..... DBS: Analyst, Associate, Senior Associate, AVP, VP, SVP , ED , MD OCBC: ?? I can confirm that if you are back office UOB AVP, your salary can be something like 6k+ (lowest). The band is quite wide. For Associate, your band can be 4k + to 5.8k. For Senior associate, can be from 68000 to 100k per year. The above figures, I have worked the roles before and have asked the HR directly. For DBS, most back/middle jobs require at least 5 years of banking experience. 8 years and above for AVP. Please do share more details. |
i am CEO of Goldman Sachs.
last year i worked as bank teller for them. within 1 year i hit the CEO post and am proud of it. my current annual salary is more than Prime Minister Lee Hsien Loong. |
I myself am befuddled by the ranks in the local banks. I have recently shifted from dbs as associate to job senior officer.
I was drawing 4.2 as associate in dbs and 4.8 as senior officer in uob |
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How many months bonus in total will you be getting? |
Let me try to input for OCBC.
OCBC: (Bank Officers), Associate8, Assistant Manager7, Manager6, Assistant Vice President5, AVP4, VP3, VP2, VP1, SVP?, MD? Not very sure of the senior ranks. But within each rank, there is a band |
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Apply few time but not success. |
Worked in OCBC year 2000 till 2001:
- Entered as Poly grad with 3 years experience $2.1k base (rank is Bank Officer) - Promoted to assistant manager in 2001, pay $3.2k Worked in DBS year 2006 to 2007: - Entered as AVP, pay $7.5k... qualifications is non-degree (only with diploma) Worked in UOB 2015 to 2017: - entered as VP1, pay $10K.... qualifications is Master degree (earned in in 2014 via distance learning) Worked in Stanchart 2018 till now - Entered as Band6, pay is $160k base per annum |
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