Quote:
Originally Posted by Unregistered
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.
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HI, that's a very good attitude that you have. For us UOL grads, our degree is really worth less than a local uni's.... for the first few years! What happens after that really depends on your own skills, capabilities and attitude u bring to the work place.
I also have the same experience that the hiring manager's background makes a big difference. In my first job I was interviewed directly by the big HR dowager, who herself was an overseas grad.. I got the job thankfully. My staff recently sat in another interview with the group IT department.. and she was shocked that the hiring manager when choosing between 2 candidates discarded the overseas grad one just because the other chap was from
NUS. In my work I have come across many SIM (UOL, RMIT) grads who cmi and are destined to get stuck at earning $3-4k per month. That being said, I have also come across some local uni grads who flatter to deceive too.
Like I said at the end of the day your paper will only get you through the front door, what you do next will determine how successful you are (or not).
What is your annual salary now? Monthly is a bit difficult to judge.