Salary.sg Forums
Page 46 of 47 « First 364445 46 47
Show 40 post(s) from this thread on one page

Salary.sg Forums (https://forums.salary.sg/)
-   Income and Jobs (https://forums.salary.sg/income-jobs/)
-   -   Factual Local Bank Salaries - DBS , UOB , OCBC (A commoner climbing up the ranks) (https://forums.salary.sg/income-jobs/10418-factual-local-bank-salaries-dbs-united-overseas-bank-oversea-chinese-banking-corporation-commoner-climbing-up-ranks.html)

Unregistered 13-04-2024 07:41 AM
Quote:
Originally Posted by Unregistered (Post 274872)
I’m getting 12k+/mth as vp1 in uob. Can check if I’m close to ceiling and what is the vp2 salary range?
What is your yoe and function

Unregistered 13-04-2024 11:01 AM
Finance, 9yoe

Unregistered 13-04-2024 12:07 PM
Quote:
Originally Posted by LuisDiaz (Post 274743)
For ED, 15k base seem low. probably that why u get 125k bonus to compensate ur base
What’s the base pay range for ED in OCBC?

To me total package of 300k a year is still great for late 30s

Unregistered 14-04-2024 03:23 PM
I am a VP2 in UOB in Compliance drawing close to 15K. I want to say i know of ppl who jumped from VP2 in UOB to ED in OCBC and SVP UOB jumped to OCBC become MD.

I think in the past uob titles are inflated. Nowadays, OCBC titles are more inflated. Tons of MD. i know of colleague can jump from uob SVP to ocbc MD. Dun make sense to me.

Unregistered 14-04-2024 04:14 PM
Quote:
Originally Posted by Unregistered (Post 275118)
I am a VP2 in UOB in Compliance drawing close to 15K. I want to say i know of ppl who jumped from VP2 in UOB to ED in OCBC and SVP UOB jumped to OCBC become MD.

I think in the past uob titles are inflated. Nowadays, OCBC titles are more inflated. Tons of MD. i know of colleague can jump from uob SVP to ocbc MD. Dun make sense to me.
Oh it’s you again lol. The one who said UOB is now a damn good paymaster and most folks in UOB got 20-30% adjustment during the post-Covid pay review

Unregistered 14-04-2024 09:09 PM
Quote:
Originally Posted by Unregistered (Post 275118)
I am a VP2 in UOB in Compliance drawing close to 15K. I want to say i know of ppl who jumped from VP2 in UOB to ED in OCBC and SVP UOB jumped to OCBC become MD.

I think in the past uob titles are inflated. Nowadays, OCBC titles are more inflated. Tons of MD. i know of colleague can jump from uob SVP to ocbc MD. Dun make sense to me.
What’s UOB V2’s progression to CEO ?

Unregistered 14-04-2024 09:14 PM
Quote:
Originally Posted by Unregistered (Post 275118)
I am a VP2 in UOB in Compliance drawing close to 15K. I want to say i know of ppl who jumped from VP2 in UOB to ED in OCBC and SVP UOB jumped to OCBC become MD.

I think in the past uob titles are inflated. Nowadays, OCBC titles are more inflated. Tons of MD. i know of colleague can jump from uob SVP to ocbc MD. Dun make sense to me.
Ocbc’s structure for ED is:

ED > MD > MD 1 > Group MD > CE

How junior is a UOB VP 2 in comparison ?

Unregistered 15-04-2024 04:25 AM
Quote:
Originally Posted by Unregistered (Post 275118)
I am a VP2 in UOB in Compliance drawing close to 15K. I want to say i know of ppl who jumped from VP2 in UOB to ED in OCBC and SVP UOB jumped to OCBC become MD.

I think in the past uob titles are inflated. Nowadays, OCBC titles are more inflated. Tons of MD. i know of colleague can jump from uob SVP to ocbc MD. Dun make sense to me.
Whats your YOE? 15k seems very high

ChingMeng 15-04-2024 06:55 PM
Hi, does anyone know the UCBC marketing team hierarchy? Trying to grasp the path but too many level,

Unregistered 15-04-2024 10:42 PM
Quote:
Originally Posted by ChingMeng (Post 275238)
Hi, does anyone know the UCBC marketing team hierarchy? Trying to grasp the path but too many level,
neber herd of UCBC beefore

Unregistered 16-04-2024 10:01 AM
Quote:
Originally Posted by Unregistered (Post 275268)
neber herd of UCBC beefore
Hey sorry, stupid mistake, but I meant OCBC

Unregistered 20-04-2024 04:24 PM
Quote:
Originally Posted by Unregistered (Post 275289)
Hey sorry, stupid mistake, but I meant OCBC
What is OCBC ED average Bonus? 2 months?

Unregistered 20-04-2024 05:45 PM
Quote:
Originally Posted by Unregistered (Post 275839)
What is OCBC ED average Bonus? 2 months?
8 months + as mentioned by one of the poster.

Unregistered 20-04-2024 10:01 PM
DBS bonus for SVP is insane lol friend's uncle is SVP after 20 years in technology & operations, hes getting 23k a month, bonus is 140k in 2022, 150k in 2023 and 145k this year

what in the actual fk?

Unregistered 21-04-2024 08:04 PM
Dbs
 
How much does a VP and SVP in DBS CBG Digibank get?

Unregistered 21-04-2024 08:36 PM
Quote:
Originally Posted by Unregistered (Post 275871)
DBS bonus for SVP is insane lol friend's uncle is SVP after 20 years in technology & operations, hes getting 23k a month, bonus is 140k in 2022, 150k in 2023 and 145k this year

what in the actual fk?
so many outages still getting fat bonuses...what a joke

Unregistered 22-04-2024 07:16 PM
Quote:
Originally Posted by Unregistered (Post 275871)
DBS bonus for SVP is insane lol friend's uncle is SVP after 20 years in technology & operations, hes getting 23k a month, bonus is 140k in 2022, 150k in 2023 and 145k this year

what in the actual fk?
no surprise, DBS pays a lot for bonus lol just look at their financial reports, im confused as to how they make profit every quarter even after tech outrage.

if DBS put in more money into tech, they can easily eat up UOB but too bad, treat tech like cost center, get cheapo devs who code rubbish and cause bugs and crashes.

Unregistered 23-04-2024 10:39 PM
Quote:
Originally Posted by Unregistered (Post 250642)
sounds like a load of bs
The scb director m22 base of 200k is qute reasonable. As I was director m23 with base 260k.
The uob fvp 240k base also sounds plausible, as I know a recently joined vp with base 216k.

Unregistered 23-04-2024 10:45 PM
Quote:
Originally Posted by Unregistered (Post 275871)
DBS bonus for SVP is insane lol friend's uncle is SVP after 20 years in technology & operations, hes getting 23k a month, bonus is 140k in 2022, 150k in 2023 and 145k this year

what in the actual fk?
Base part true bonus pure BS. Tech in any bank has the least bonus. At svp in tech, bonus 3months tops. Not to mention dbs just did 2 rounds of comp restructuring in 2022 ans 2023 to move part of bonus to base to make its offer more inline with global bank so appears more competitive

Unregistered 23-04-2024 10:50 PM
Quote:
Originally Posted by Unregistered (Post 274959)
What’s the base pay range for ED in OCBC?

To me total package of 300k a year is still great for late 30s
It's actually very good if late 30s. In dbs, usually senior svp or entry ed get 300k base, most mid-40 already. Those commission based role like private banker, trader maybe different, but how many such role are there?

Unregistered 23-04-2024 10:58 PM
Quote:
Originally Posted by Unregistered (Post 274553)
ops/compliance peeps in dbs - how much bonus did you get this year?
2-3 months vp and below. 3-4 months vp-ed. Md and up no idea but definitely more, plus stocks/options.

Unregistered 23-04-2024 11:02 PM
Quote:
Originally Posted by Unregistered (Post 274890)
This is true.

DBS has been doing lots of pay restructuring since 2022. In fact they have a popular tech program called DBS SEED in which they give SEEDers 5.5k starting, reaching up to 6.8k after 2 years completion, bonus is over 3 months.

There's also almost no layoff unless you do stupid nonsense like insult SG flag or say PAP sucks etc. If you work like a normal civilized human being, you'll never get laid off.
Very true. Only downside dbs compare to foreign bank is much more workload, as headcount is always stressed. Like 30%more work. You go to mbfc after 6pm and see which tower/lift lobby got the most food delivery...

Unregistered 23-04-2024 11:07 PM
Quote:
Originally Posted by Unregistered (Post 272225)
you're lowballed hard as sh1t.

just think about it, let's look at all the local banks and their tech program ( which are incredibly easy to get in )

dbs seed = 5.5k p.m, after 2 yr program, 6.5k
uob tdp = 4.5k p.m, after 1 yr program, 4.8k
ocbc program = 5k p.m ( dunno how long this prog is )

these are all 0-2 years of experience people
Not as easy as you think, very limited headcount actually. Like less than 5-10% of normal school hire.

Unregistered 23-04-2024 11:08 PM
Quote:
Originally Posted by Unregistered (Post 273503)
Ocbc ED, 15k base and 125k bonus
(In OCBC, ED > MD > MD 1 > GroupMD) late 30s
Private banking or commission type role only. Normal role in local bank, svp and below, no bonus more than 6 months one.

Unregistered 23-04-2024 11:20 PM
Quote:
Originally Posted by Unregistered (Post 271946)
yea lol what a blatant lie


backoffice pay is like this

associate 6.5k, 2 months bonus = 13k
senior associate 7.5k, also 2 months = 15k
avp around 8.5k, bonus = 17k
vp around 10k, bonus = 20k

svp = 23k a month? bonus 5 months? lmfao what? so bonus is 115k for svps? yea ok bro
Seriously base part is reasonable. Dbs restructure comp last year moving bonus to base to be more "competitive" in job market against foreign banks which are know to pay little bonus but high base (to save cost on cpf).
But bonus part sounds a bit high. Back office in dbs bonus for svp usually 3-4 months especially after restructuring, 5month not very real.

Unregistered 24-04-2024 08:57 PM
Quote:
Originally Posted by Unregistered (Post 276334)
Seriously base part is reasonable. Dbs restructure comp last year moving bonus to base to be more "competitive" in job market against foreign banks which are know to pay little bonus but high base (to save cost on cpf).
But bonus part sounds a bit high. Back office in dbs bonus for svp usually 3-4 months especially after restructuring, 5month not very real.
Pay little bonus but high base to save cost on CPF?

Wtf are you talking about lmfao

Unregistered 25-04-2024 11:43 AM
Quote:
Originally Posted by Unregistered (Post 269329)
wtss why are all these techies being paid so handsomely..???
Coz
Boasting cost nothing on internert, especially when anonymously.
Tech is always at the bottom of the food chain in banks, especially local banks. In some banks tech are not even considered banking staff but need to sign separate contract with an independent (usually bank wholly owned) technology legal entity when one move from business unit to tech side.

Unregistered 25-04-2024 11:47 AM
Quote:
Originally Posted by Unregistered (Post 269107)
^ Clearly a troll post - Here's some education for the ignorant

s://.asiaone.com/lifestyle/imagine-taking-university-classes-firing-range-woman-shares-unusual-career-path-saf
So hou just conveniently ignored the "unusual" in title

Unregistered 25-04-2024 06:36 PM
^ bro spent his day looking through the last 10 pages lmfao nerd

Unregistered 26-04-2024 09:16 PM
Quote:
Originally Posted by Unregistered (Post 276323)
The scb director m22 base of 200k is qute reasonable. As I was director m23 with base 260k.
The uob fvp 240k base also sounds plausible, as I know a recently joined vp with base 216k.
200k for m22 and 260k for m23 both sounds like extreme top ceiling for their respective bands. avg is 130k - 180k and 180k - 250k respectively

Unregistered 27-04-2024 11:00 AM
Hello guys, what is the DXX bank avp salary range? I have interviewed with them for 2 rounds. And the hr called me and told me my expected salary exceeds the range and ask me like whether I can compromise on my salary or not, if not the interview can just stop here .. can’t they adjust the role to vp in this case ? Seek your advice ..

Unregistered 27-04-2024 12:16 PM
Quote:
Originally Posted by Unregistered (Post 276773)
Hello guys, what is the DXX bank avp salary range? I have interviewed with them for 2 rounds. And the hr called me and told me my expected salary exceeds the range and ask me like whether I can compromise on my salary or not, if not the interview can just stop here .. can’t they adjust the role to vp in this case ? Seek your advice ..
12k max, what is your expectation?

Unregistered 27-04-2024 04:13 PM
Quote:
Originally Posted by Unregistered (Post 276773)
Hello guys, what is the DXX bank avp salary range? I have interviewed with them for 2 rounds. And the hr called me and told me my expected salary exceeds the range and ask me like whether I can compromise on my salary or not, if not the interview can just stop here .. can’t they adjust the role to vp in this case ? Seek your advice ..
Per glassdoor, around 10k base. what role/department are u applying for? What number did u ask for?

Unregistered 28-04-2024 12:07 AM
Quote:
Originally Posted by Unregistered (Post 276777)
12k max, what is your expectation?
My expected 14+. Like that I may not accept the offer unless they give me VP

Unregistered 28-04-2024 12:10 AM
Quote:
Originally Posted by Unregistered (Post 276804)
Per glassdoor, around 10k base. what role/department are u applying for? What number did u ask for?
10k even less than my current. I applied like a managerial role. Asked 14-15

Unregistered 28-04-2024 10:21 AM
Quote:
Originally Posted by Unregistered (Post 276848)
10k even less than my current. I applied like a managerial role. Asked 14-15
How many years of experience do you have and what is your current corporate rank in the bank? This will determine if you are qualify for AVP/VP.

Unregistered 28-04-2024 10:49 AM
Quote:
Originally Posted by Unregistered (Post 276868)
How many years of experience do you have and what is your current corporate rank in the bank? This will determine if you are qualify for AVP/VP.
More than 10 years. I’m not in bank

Unregistered 28-04-2024 05:05 PM
Quote:
Originally Posted by Unregistered (Post 276871)
More than 10 years. I’m not in bank
Ya please reject.
Others obviously need the job more than you so please reject and give others a chance

Unregistered 28-04-2024 06:40 PM
Quote:
Originally Posted by Unregistered (Post 276912)
Ya please reject.
Others obviously need the job more than you so please reject and give others a chance
??? What do u mean

Unregistered 28-04-2024 09:45 PM
Quote:
Originally Posted by Unregistered (Post 276871)
More than 10 years. I’m not in bank
10+ years exp why apply for AVP role?


All times are GMT +8. The time now is 06:52 PM.
Page 46 of 47 « First 364445 46 47
Show 40 post(s) from this thread on one page

Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2