Originally Posted by Unregistered

If u join DCM in a tier 3 bank, you can still transfer internally after a few yrs, to take on other treasury roles such as fixed income trading, sales etc. There's a possibility that if you stay on in DCM and make it to tier 1-2 banks when mkts pick up in future and when you're experienced, you still can make big money. Its also not uncommon for ppl to move from banks to corp treasury.

In the corp treasury side, there are diff aspects, roles such as cash, loan management, commodities hedging, FX, rates trading etc. Bigger MNCs generally more risk appetite. You can become manager to treasurer/ treasury director n a few lucky ppl become CFOs (maybe smaller to mid firms) if you're very capable.

So as someone pointed out, the outcome of your choice is not linear and many things can change or happen in your career. But generally banks pay more than corp unless u make it to senior management in corp