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Old 05-10-2011, 01:40 PM
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Default Local guy

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Originally Posted by Unregistered View Post
No way, I was AVP for DBS under liabilities management & reporting more than 3 years ago and was already drawing close to 9k then. I’m sure it’s close to 10k by now already.
Great discussion guys. My input: Im working in a local bank, am currently associate rank n drawing only 3k plus. I'm quite surprised quite a number of ppl have confirmed that AVPs draw btw 7-9k. (excluding commission)
N I can confirm that if one is in front office in local bank, u can take just 3-4 yrs to reach AVP. But there are also ppl who work btw 5-8 yrs and are still AVPs. In other words, I think there is quite a big range btw "junior" n "senior" AVPs. Also, a new management associate is an analyst rank (below me) but starting salary is higher than me! So there is overlap in pay btw ranks as well I suspect.

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