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Old 09-08-2021, 02:48 PM
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Graduated from sim uol in 2013 and started my career in the banking industry.

2013-2015 in US private bank :in ops headcount but a support function sitting with FO (main reason why I’m hired into my 2019 role) and was drawing 3k, pathetic increment to 3.1k even after 2.5yrs service
2015-2019: hopped to another US private banking. Pure ops role sitting in changi earning 3.8k-4.2k
2019: hopped to local private bank FO role, a very junior advisory role with no sales target..
Started 5.3k (total com ard 95k)and got adjusted to 7k recently.

I was lucky that my first hiring mgr was a private uni grad so no discrimination, 2nd hiring mgr was local uni grad but doesn’t believe that ops role needs a local degree. My current hiring mgr no longer look at my degree.

My advice is, find a role that gives u many learning opportunities and apply for a junior FO role but don’t be like me stayed in ops for 6yrs before I decided that’s enough. And I’m not suggesting being in FO is a definition of success. I know of people who go into banking ops and just getting by each day and I know people with strong leadership skill climb up the ops mgmt. it all boils down to your character and how determined you are.
What are you doing in the FO private bank role? Are you in a team servicing UHNW clients/a particular clientele or..? Curious as to what skills were deemed as relevant to your current Fo role (since you were in a supporting role in 2013-2015)

If you stayed and grinded in ops, 8 years prolly enough to make junior VP drawing >10k base with better WLB. Unless you really wish to earn 20k++ kind which you will probably reach if you keep grinding in FO.
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