Originally Posted by Unregistered

I can give a range where you guys can take as a pinch of salt.
Bringing context that we are talking about average/slightly good performer, not top performer or high flyer.

For SVP in local bank, these are some of the traits they will usually have:
1) Usually mid 40s onwards
2) Annual Package usually 230k onwards
3) Responsibilities usually covers a "big team" which the Bank defines it as important enough to have a SVP, otherwise smaller team will usually have a VP at most for Managers.

Answering to TS (quek) question, yes, typically SVP in Banks do really earn between 200-300k annual package range, which includes basic salary + bonuses + shares (if any).

Answering to some other question in this topic:

1) Usually most people stop at VP level.

2) Usually it takes about 8-10 years to reach to VP level, if not longer, depending on many factors. VP salary range is typically 140k - 190k, depending on years of experiences and portfolio handling. The salary package might include title salary which some banks gives like 1k+ for transport and allowance, which is also included in salary package. But overall package approximately 150k for people whom just got promoted to VP.

3) Usually for AVP, experience needed is about 4.5 years to 7 years will be able to obtain AVP. For annual salary package wise about 80k - 100k.

4) Salary package across department will be different. Take for example a similar years of experience of AVP in Technology department vs someone in Operations department, on average Technology department will ALWAYS earn more, but how much more it really depends.