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

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  #501 (permalink)  
Old 09-07-2021, 08:29 AM
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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~

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  #502 (permalink)  
Old 15-07-2021, 11:22 AM
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Hello

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

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  #503 (permalink)  
Old 15-07-2021, 04:45 PM
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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

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  #504 (permalink)  
Old 15-07-2021, 11:00 PM
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3 weeks - 1 month. First hand experience from a few of the top tier BBs
Thanks! thought kanna snook haha
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  #505 (permalink)  
Old 17-07-2021, 04:13 PM
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Hi people, not really a question on banking salary but anyone can tell me what's DBS business management support (BMS) division is about?
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  #506 (permalink)  
Old 25-07-2021, 10:34 PM
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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?
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  #507 (permalink)  
Old 20-11-2021, 09:46 AM
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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.
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  #508 (permalink)  
Old 20-11-2021, 03:21 PM
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Thanks! thought kanna snook haha
No good. Rejected.
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  #509 (permalink)  
Old 20-11-2021, 03:57 PM
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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.
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  #510 (permalink)  
Old 20-11-2021, 04:40 PM
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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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