Factual Local Bank Salaries - DBS , UOB , OCBC (A commoner climbing up the ranks)

Originally Posted by Unregistered

Associate 8 and Assistant Manager 7 --> Assistant Manager
Manager 6 --> Manager
AVP 5 and AVP 4 --> AVP
VP 3 --> Vice President
VP 2 --> Executive Director
VP 1 --> Managing Director
SVP --> Managing Director 1
EVP --> Group MD

Good move to revise the AVP and VP ranks....always find it stupid why they have 2 levels of AVP and 3 levels of VP.

But now they have 3 levels of MD lol

Originally Posted by Unregistered

Can anyone give some reference how much should the base salary like for OCBC manager, under O&T?

6-7k? About this range

Got offers from uob and ocbc for quite similar role and salary. Which should I choose?

Originally Posted by Unregistered

Got offers from uob and ocbc for quite similar role and salary. Which should I choose?

UOB generally better progression. If i were you i would go for that

Anyone know how’s the culture like in BOS? Fresh grad here. Recently received a job offer from them at starting 4K per month, as a funds operation associate. For the salary, I think it’s quite alright tho, given that firstly am a fresh grad from uni, and secondly am jumping to a new industry(?)…. Like my major is not in finance domain etc.

Originally Posted by Unregistered

Anyone know how’s the culture like in BOS? Fresh grad here. Recently received a job offer from them at starting 4K per month, as a funds operation associate. For the salary, I think it’s quite alright tho, given that firstly am a fresh grad from uni, and secondly am jumping to a new industry(?)…. Like my major is not in finance domain etc.

up and rising private bank in asia. on an intense growth trajectory and hiring massively in all functions from RMs, Ops, Risk/Compliance, etc. Heard pretty desirable bonus too. You are in good hands.

Are you joining a grad prog? Are there any perks/benefits aside from the 4k base?

Originally Posted by Unregistered

up and rising private bank in asia. on an intense growth trajectory and hiring massively in all functions from RMs, Ops, Risk/Compliance, etc. Heard pretty desirable bonus too. You are in good hands.

Are you joining a grad prog? Are there any perks/benefits aside from the 4k base?

Oh ok I see. That’s good to hear though. However, I am actually on a contract (which may be able to convert to permanent after that or so, not 100% confirm of course)… so not much benefits I guess. Not that I really mind tho, as tbh, I just want to have some experiences within the financial sector. And also I might be going for further studying/masters after the contract end. But yea, I was just curious about their culture there as I have never work in a bank before.

Originally Posted by Unregistered

Oh ok I see. That’s good to hear though. However, I am actually on a contract (which may be able to convert to permanent after that or so, not 100% confirm of course)… so not much benefits I guess. Not that I really mind tho, as tbh, I just want to have some experiences within the financial sector. And also I might be going for further studying/masters after the contract end. But yea, I was just curious about their culture there as I have never work in a bank before.

congratulations on securing the role nonetheless! maximise the learning during your contract and it may possibly open up new doors for you. tbh, my take is that today's job market is not great at all, so to even get an employment is a luxury more than anything else. 4k is not shabby as well. years ago, local banks would offer contract role of 3k or 3.3k max.

Originally Posted by Unregistered

UOB generally better progression. If i were you i would go for that

just curious, why would u say uob is better than ocbc in terms of progression for sgeans?

How many months bonus does ocbc/dbs/uob give