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-   -   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 09-07-2021 08:29 AM
Quote:
Originally Posted by Unregistered (Post 177414)
Compared to large Western banks like JP/BOA/HSBC/Citi, local banks neither pay high salaries nor high bonuses, in fact pretty low. And it's across all functions, BO/MO/FO. But if you compare to small Asian banks like KEB/Maybank/Bank of India etc then yes local bank pay is about there.
Do you have a rough ballpark figure of bonuses for the large western banks you listed above for BO/MO? Thank you~

Unregistered 15-07-2021 11:22 AM
Hello

Any idea usually background check for banks or investment firms gonna take how long?

Unregistered 15-07-2021 04:45 PM
Quote:
Originally Posted by Unregistered (Post 177855)
Hello

Any idea usually background check for banks or investment firms gonna take how long?
3 weeks - 1 month. First hand experience from a few of the top tier BBs

Unregistered 15-07-2021 11:00 PM
Quote:
Originally Posted by Unregistered (Post 177874)
3 weeks - 1 month. First hand experience from a few of the top tier BBs
Thanks! thought kanna snook haha

Unregistered 17-07-2021 04:13 PM
Hi people, not really a question on banking salary but anyone can tell me what's DBS business management support (BMS) division is about?

Unregistered 25-07-2021 10:34 PM
lets say I'm joining as RM with a base pay of 3500. I'll get a cut of the products i sell, how are these comms calculated?

Unregistered 20-11-2021 09:46 AM
Quote:
Originally Posted by Unregistered (Post 177416)
Do you have a rough ballpark figure of bonuses for the large western banks you listed above for BO/MO? Thank you~
Was from one of the better BB (JPM/HSBC/Barclays)as an associate MO/BO. Bonus is pretty **** year on year (think 1-1.8~2months max) so don’t have the misconception that US/EU banks have more bonuses. Then again if you are FO it’s a different story.

Unregistered 20-11-2021 03:21 PM
Quote:
Originally Posted by Unregistered (Post 177906)
Thanks! thought kanna snook haha
No good. Rejected.

Unregistered 20-11-2021 03:57 PM
Quote:
Originally Posted by Unregistered (Post 190730)
No good. Rejected.
Background check only happens once they have accepted you for the role. The only reason one gets rejected at the background check stage, is if the background check threw up some issues, such as lying on resume.

Unregistered 20-11-2021 04:40 PM
Quote:
Originally Posted by Unregistered (Post 190675)
Was from one of the better BB (JPM/HSBC/Barclays)as an associate MO/BO. Bonus is pretty **** year on year (think 1-1.8~2months max) so don’t have the misconception that US/EU banks have more bonuses. Then again if you are FO it’s a different story.

But your base pay should be higher to compensate for the bonus.


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