Quote:
Originally Posted by Unregistered
I can confirm he's telling the truth. There are a lot of misunderstanding about settlement. A lot of teams are called settlement when they are just doing simple admin. Those will earn 3-4k as analyst. But in a proper settlement team, 3-4k is for skillless fresh grad. A senior analyst would already earn 6-8k. 12-14k for vp is average too.
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Don't be a joke. I came from settlements. A senior analyst draws about 4.5k. It is a dead end job. You get promoted when you have stayed long enough. Do not glorify the job. You don't need much financial knowledge to do settlements. It is a department with the most aged employees. A fresh grad would probably get 2.4-2.8k in local bank. Bulge bracket 3.2k then rot there and have 4% increment yearly with Max bonus 2 months. I'm glad I left that role after 2 years