Quote:
Originally Posted by Unregistered
different bank, different hierarchy. Could also be in this manner :
Analyst = 2.5 to 3.2K++
Senior analyst = 3.4 to 3.7++
Associate / asst mgr = 4.5 to 5.2++
Senior associate / AVP = 5.8 to 6.8++
AVP / jr VPs = 6.5 to 8++
VP = at the bare minimum the basic would touch 9s range. Normally, a seasoned VP (i.e with around 10years of exp) would take 5 digits monthly.
The figures are based on what i know from headhunters / ex colleagues in similar capacity. There's a blurred line drawn between assoc / snr assoc and AVPs. As far as i know, some banks used them interchangeably, meaning they inflate job titles to boost the "feel-good" factor but pay wise it is not even on the correct scale yet.
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Look at this job posting. VP Compliance in Singapore gets 12,500 pm.
VP –Compliance Trainer
Salary: up to $150K
Location: Singapore
Job Type: Permanent, Full time
Company: Kerry Consulting Pte Ltd , EA Licence No: 03C4828
Updated on: 13 Aug 14
(taken from efinancialcareers.sg)