Quote:
Originally Posted by Unregistered
Well said, from what I gather from the OP is that his job is more to the non-quantitative side of risk management, hence from a position below AVP ie. a Snr Assoc in a local bank should net te incumbent 7.5-9k/pm excl bonus.
However if the post entails quantitative risk management, local paymasters will go up to 11-13k /mth max for the said position, for foreign investment firms like Blackstone or KKR an LBO firm, a Snr Assoc below AVP can draw an average of $35 k /mth excl possible bonus of up to 10-12 months. Nearing 400k per annum before tax.
Cheers
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Seriously, dun give false hope to TS... 7.5-9K pm for associate is only for foreign investment bank and for selected position only.
For local bank, below AVP, expect less than 6K... the likely median (not higher end or lower end) for associate would be 4.5K