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Originally Posted by Unregistered
Thanks again. I would love to. The neverending news reports on salary increments at the senior level are definitely sexy. I always wondered what no experience law grads can do to get their foot in the door. Any tips on how to make the transition? Specific organisations to target?
I applied for the OCBC Young Bankers programme and specified that I wanted to do compliance, but I suspect I may be considered to have been working for too long (if they take my training period into account).
A recruiter I spoke to said I may have to take an initial pay cut, but if there's an income ladder to climb I think it may be taking one step back to take two steps forward. |
Most of the entry level and associate positions in the banking sector right now are outsourced to recruitment firms. As long as they are permanent positions, there's no harm in applying to their job ads and parking your CVs with them.
I'm a little bit out of touch with the market right now, but I do know that Standard Chartered, Citibank and DB are aggressively hiring for the Financial Crimes departments. You can go on the job portals and take a look at what's out there.
An experienced, entry level position in a major bank usually ranges from about 3.2k minimum to 4k. Associates and similar positions can get about 4.2k to 5k. Just some ballpark figures for u to consider.