Domestic banks pay analysts ±4k. Foreign BB banks may pay about double that. Just to get that out of the way.
Re: the OP's situation, you're credentially inferior, unfortunately. I'm a fresh IBD analyst at a global BB and pedigree really does matter in this business. My peer group hail from NUS, Imperial, LSE (my Alma mater), Oxford and Cambridge, and various American equivalents. One or two big name internships on your CV are also essential, as is having some sport or society leadership experience. Bottom line: you won't get in from the bottom, although this is not to say you never will. Good luck.