Factual Local Bank Salaries - DBS , UOB , OCBC (A commoner climbing up the ranks) - Page 39 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




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

Reply
 
Thread Tools
  #381 (permalink)  
Old 14-05-2021, 01:34 AM
Unregistered
Guest
 
Posts: n/a
Default

Is bank VP a mid manager? I know someone who is an engineering VP in one of the big public transport company and definitely earn more than 300k pa..

Reply With Quote
  #382 (permalink)  
Old 14-05-2021, 09:37 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Is bank VP a mid manager? I know someone who is an engineering VP in one of the big public transport company and definitely earn more than 300k pa..
For local banks yes. No way a local bank vp gets 300k, even 200k is not guaranteed but only for the higher level vps. Titles in local banks are grossly inflated.

Reply With Quote
  #383 (permalink)  
Old 14-05-2021, 10:32 AM
Unregistered
Guest
 
Posts: n/a
Default

International banks FO VPs starts at 240k base with bonuses typically 50-100%

Reply With Quote
  #384 (permalink)  
Old 14-05-2021, 09:04 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I can share mine a bit also, local bank:

Started as FO analyst in end 2009:

Analyst (2009): average 37k pa (global financial crisis fml)
Assoc/Snr Assoc (2013): average 58k pa
AVP (2014): average 92k pa
VP (2017): average 137k pa
SVP (2021): ~160k pa (covid fml)

Bonuses typically 6-10 mths
are these excluding your 6-10 mths?
Reply With Quote
  #385 (permalink)  
Old 17-05-2021, 09:05 PM
Unregistered
Guest
 
Posts: n/a
Default

Anyone can share whats the average bonus for corporate RMs?
Reply With Quote
  #386 (permalink)  
Old 18-05-2021, 01:43 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Anyone can share whats the average bonus for corporate RMs?
Largely depends on what type of corporates you're servicing. SMEs are small fry so bonus will be lower. Wholesale corporates are where the money is. Rather service one Fortune 500 than 500 SMEs. Or better still, work for a Fortune 500!
Reply With Quote

  #387 (permalink)  
Old 18-05-2021, 11:49 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Largely depends on what type of corporates you're servicing. SMEs are small fry so bonus will be lower. Wholesale corporates are where the money is. Rather service one Fortune 500 than 500 SMEs. Or better still, work for a Fortune 500!
Whats the avg bonus like for wholesale corporates RM in local banks?
Reply With Quote
  #388 (permalink)  
Old 20-05-2021, 02:13 PM
Unregistered
Guest
 
Posts: n/a
Default

How come my friend in DBS RM say he earn 5k,if hit target will get 7.5k? Any one know what exact role is it?


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #389 (permalink)  
Old 20-05-2021, 02:40 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
How come my friend in DBS RM say he earn 5k,if hit target will get 7.5k? Any one know what exact role is it?
Sounds like Retail RM?
Reply With Quote
  #390 (permalink)  
Old 20-05-2021, 02:56 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
How come my friend in DBS RM say he earn 5k,if hit target will get 7.5k? Any one know what exact role is it?
Y u no ask your friend?
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Local Vs Foreign Bank Jobs Income and Jobs 18 01-02-2018 07:34 PM
jump from foreign bank to local bank arrownarrow Income and Jobs 4 30-07-2017 06:35 PM
DBS vs UOB vs OCBC: Among these 3 local banks, which is the best to work in? dreamzknight Income and Jobs 11 05-07-2016 09:54 PM
SPF : What are the salaries of an ASP and above ranks. curious_george Income and Jobs 2 22-06-2015 10:16 AM
$3.5K for an IT role in a local bank unknown Income and Jobs 11 14-03-2014 02:13 PM

» 30 Recent Threads
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
872 Replies, 268,518 Views
GovTech ( 1 2 3... Last Page)
1,579 Replies, 472,819 Views
Career as Teacher ( 1 2 3... Last Page)
4,330 Replies, 2,807,714 Views
Compare civil service salary ( 1 2 3... Last Page)
13,329 Replies, 7,875,259 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
5,062 Replies, 1,675,316 Views
JP Morgan ( 1 2 3... Last Page)
114 Replies, 72,292 Views
Lawyer Salary ( 1 2 3... Last Page)
15,525 Replies, 5,338,349 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
771 Replies, 371,192 Views
Bloomberg/Factset/Re... ( 1 2)
12 Replies, 10,758 Views
Singtel Management Associate... ( 1 2 3... Last Page)
522 Replies, 188,633 Views
OCBC Bank
4 Replies, 246 Views
Fresh grad 2020 ( 1 2 3... Last Page)
53 Replies, 20,886 Views
ST Electronics ( 1 2 3... Last Page)
2,480 Replies, 690,004 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
4,197 Replies, 1,970,030 Views
Whats your net worth ( 1 2 3... Last Page)
2,902 Replies, 1,007,328 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,493 Replies, 2,758,846 Views
Htx ( 1 2 3... Last Page)
60 Replies, 7,690 Views
SLA (Singapore Land Authority) ( 1 2 3... Last Page)
33 Replies, 21,631 Views
CAD (Commercial Affairs Department) ( 1 2 3... Last Page)
205 Replies, 157,462 Views
If you can't find a company here... ( 1 2 3... Last Page)
52 Replies, 6,674 Views
Banks' Pay and Bonuses ( 1 2 3... Last Page)
456 Replies, 202,729 Views
SEA (Garena) ( 1 2 3... Last Page)
53 Replies, 44,787 Views
UOB Management Associate Program ( 1 2 3... Last Page)
636 Replies, 326,756 Views
Citibank Singapore ( 1 2 3... Last Page)
174 Replies, 123,452 Views
Cpf senior manager
6 Replies, 2,589 Views
DBS Graduate Associate Program ( 1 2 3... Last Page)
2,143 Replies, 634,727 Views
ICA (under Home Affairs) ( 1 2 3... Last Page)
109 Replies, 172,776 Views
How rich/poor am I compared to... ( 1 2 3... Last Page)
103 Replies, 91,602 Views
Working Culture in IRAS ( 1 2 3... Last Page)
60 Replies, 100,073 Views
GovTech Tech Associate Program... ( 1 2 3... Last Page)
190 Replies, 63,918 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 08:16 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2