MAS for Mid Career Professionals

Originally Posted by Unregistered

Second that. Easy way to think about it. Even at peak of covid and negative gdp growth, at least close to 1 month pb for the very average officer.

1 mth pb is probably ring fenced already

Originally Posted by Unregistered

Find it hard to believe MAS will suddenly dangle 15-20% increment to officers.

Yet, it seems required to retain officers. Everyone talking about FIs offering at least 20% increment to join even their ops role.

Just read MD's message on workday - seems like this significant increase is for Grade 13-9. Guess I'll keep my letter in the drafts for a couple more years...

Is Grade 9 DD?

Originally Posted by Unregistered

Is Grade 9 DD?

Yes dd from 7 to 10

Happy I got 25% increment

Originally Posted by Unregistered

Happy I got 25% increment

Which grade are you?

What does monetary & domestic markets management do on a bau basis and what skillsets do I need to join?

Originally Posted by Unregistered

Which grade are you?

I think the lower your grade the higher the increment %.

Before you get too happy, just a reminder that this is the amount you should be getting all along ... so....

Originally Posted by Unregistered

What does monetary & domestic markets management do on a bau basis and what skillsets do I need to join?

Believe they do the foreign currency ops work. They are the ones who buy and sell forex in reserves to maintain the sgd level and they also do the SGS selling for the Gov. MAS has separate departments for surveillance of economy and setting the monetary policy itself.

Originally Posted by Unregistered

I think the lower your grade the higher the increment %.

Before you get too happy, just a reminder that this is the amount you should be getting all along ... so....

depressing when you start thinking of the number of years you had decided to spend with MAS and all the lost earning...