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Kaycee 10-11-2022 12:43 AM

Private Bank FO
 
Am due for a salary review and not sure if I’m being underpaid in the market. What is the range for Private Bank FO roles as AVP? Is 7.5k a good figure?

loveburgersandfries 10-11-2022 08:51 PM

hi all, just wondering, im thinking of skllsfuture programs to upskill. does anyone have any advice, or experience in taking these courses? then afterwards can pivot to banking.

Unregistered 10-11-2022 09:13 PM

Quote:

Originally Posted by Kaycee (Post 234572)
Am due for a salary review and not sure if I’m being underpaid in the market. What is the range for Private Bank FO roles as AVP? Is 7.5k a good figure?

10-15k on average. 7.5k is seriously low.

Unregistered 11-11-2022 08:17 AM

Quote:

Originally Posted by Kaycee (Post 234572)
Am due for a salary review and not sure if I’m being underpaid in the market. What is the range for Private Bank FO roles as AVP? Is 7.5k a good figure?

Depends how many years of exp u have

Kaycee 11-11-2022 02:49 PM

Quote:

Originally Posted by Unregistered (Post 234647)
Depends how many years of exp u have

Total about 16 years in banking, out of 8 years in current Private Bank role and was told $8k is the max.

Unregistered 12-11-2022 10:17 AM

Quote:

Originally Posted by Kaycee (Post 234669)
Total about 16 years in banking, out of 8 years in current Private Bank role and was told $8k is the max.

4 years in MO and im drawing 9k bro

Unregistered 12-11-2022 12:31 PM

Quote:

Originally Posted by Kaycee (Post 234669)
Total about 16 years in banking, out of 8 years in current Private Bank role and was told $8k is the max.

There’s definitely a cap for ARMs, depending on your rank. I do think AVP top range can go anywhere up to 11-12k. I guess if ur in a smaller bank or local bank then the cap may be lower

Unregistered 12-11-2022 12:32 PM

Quote:

Originally Posted by Unregistered (Post 234706)
4 years in MO and im drawing 9k bro

What MO role to be specific? Have any prior exp or 4 years fresh out of grad?

Unregistered 13-11-2022 12:56 AM

Quote:

Originally Posted by Kaycee (Post 234669)
Total about 16 years in banking, out of 8 years in current Private Bank role and was told $8k is the max.

with that YOE and still being a AVP shows that you're a loser

Unregistered 13-11-2022 01:23 PM

Anyone knows what’s the cap for avp4 in ocbc? How many yoe usually to go to vp3?


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