Originally Posted by Unregistered

TB is a good career for entry level grads, gives you many opportunities to work in different business units

E.g. Cash Mgmt, Trade Finance, Relationship Mgmt

TB salaries are disparate due to two factors

1) Some banks consider TB to be under investment banking arm and you are expected to know more about modelling and due dilligence that is why you get paid extra (mostly American banks). Banks who classify TB under corporate/commercial banking will pay less (think 3-5k)

2) Depends on the bank's strength and pedigree. Those foreign banks usually follows a fixed band salary globally whereas local banks can sort of lowball you because SG is their home market.

To give you a more accurate career progression

Analyst 3-5k/month
Associate 4-6k/month (around 2-3 years)
VP - 5.5-8.5k/month (3-4 years)
SVP - 8-12k/month (?)
ED - 10-15k/month (?)
MD - 15k-25k/month (?)

Past VP promotion is much trickier. Depends on if your business unit is high visbility and bringing in cash. Also see if you got strong 'sponsors' who are willing to fight for your promotion and new job scope

That's why there is such a range between salaries. I know that VP in product side earn 30% more compared to VPs in relationship mgmt

Also got some stuck at SVP age 40+ and don't want to choing anymore and just relax cuz less responsbiility

TB is good for those who want steady career without much overwork