JP Morgan

Originally Posted by Unregistered

is this ur first foray into banking? if so, 10k sounds about right

Yay that’s right. Total compensation increase is negligible though. What’s the bonus like for say middle/back office.

Any further advise much appreciated!

Originally Posted by Unregistered

up to 15k, also depends on your last drawn salary.
usually the total compensation increment is 10%-15%.

jpm senior assoc cap 15k??? what function sia?

Originally Posted by Unregistered

Yay that’s right. Total compensation increase is negligible though. What’s the bonus like for say middle/back office.

Any further advise much appreciated!

1-2 months typically

Originally Posted by Unregistered

what the salary range for senior associate job grade?
Offer rcvd at 10k to what extend I can negotiate? more visibility if i know the range.

Or anyone has experience negotiating with HR what's the outcome u get and incremental amount?

Thanks in advance!

Can you share what is the timeline from the time you apply to called up for interview, how many interviews total before offer and timeline in between each stage?

Also, have they done background screening yet and how long did they take, what do they look into?

Originally Posted by Unregistered

what the salary range for senior associate job grade?
Offer rcvd at 10k to what extend I can negotiate? more visibility if i know the range.

Or anyone has experience negotiating with HR what's the outcome u get and incremental amount?

Thanks in advance!

The max you can try is your current draw × 1.2, 20% increament. Anything beyond this number, don't waste your time.

Originally Posted by Unregistered

The max you can try is your current draw × 1.2, 20% increament. Anything beyond this number, don't waste your time.

why do you say so?

hearsay the bank is rather generous and a good paymaster. can easily snag a 25-30% increment if you clinch a role there

DBS AVP currently drawing $7200

JP offers 9800 for me to join them as an associate.

Should I join JP?

Will the demotion in rank but increment in pay have a positive or negative impact on my career?

Anyone can advise? thanks in advance.

Originally Posted by Unregistered

DBS AVP currently drawing $7200

JP offers 9800 for me to join them as an associate.

Should I join JP?

Will the demotion in rank but increment in pay have a positive or negative impact on my career?

Anyone can advise? thanks in advance.

JPM is bulge bracket. It is a higher tier than DBS.
U can command higher pay if u can stay for 2 yrs.
Ur resume will be shiny.

Originally Posted by Unregistered

JPM is bulge bracket. It is a higher tier than DBS.
U can command higher pay if u can stay for 2 yrs.
Ur resume will be shiny.

So from DBS AVP -> JPM Associate -> next after 2 years if go back to local bank which rank should I expect? say DBS AVP, or VP, or need to be associate again?

Originally Posted by Unregistered

DBS AVP currently drawing $7200

JP offers 9800 for me to join them as an associate.

Should I join JP?

Will the demotion in rank but increment in pay have a positive or negative impact on my career?

Anyone can advise? thanks in advance.

I say see who is your boss. If your boss in jpm is of a certain race and nationality then avoid. Coz you will end up as saikang warrior with no hope of promotion.