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

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  #531 (permalink)  
Old 23-11-2021, 07:10 PM
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LOL mcf alr put starting @ 3k+ still dw believe. Local banks are known for retail/SME banking. IB dept just surviving on sg linked entities.

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  #532 (permalink)  
Old 23-11-2021, 07:12 PM
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LOL mcf alr put starting @ 3k+ still dw believe. Local banks are known for retail/SME banking. IB dept just surviving on sg linked entities.
Its disbelief haha. Can't believe as I heard even 2 of these Big 4 CFs pay higher

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  #533 (permalink)  
Old 23-11-2021, 07:24 PM
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Erm I'm working in a local bank IBD and I can confirm that graduates that come through programme starts off at around 8k.

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  #534 (permalink)  
Old 23-11-2021, 07:27 PM
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Erm I'm working in a local bank IBD and I can confirm that graduates that come through programme starts off at around 8k.
Even international banks like BNP, HSBC and StanChart donít pay 8k. But Iíll oblige ó LinkedIn and salary statement please. MCF says otherwise lmao.
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  #535 (permalink)  
Old 23-11-2021, 07:34 PM
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Can you stop being a joke? Just now claim $10k, now get debunked, claim $8k?

Just look at DBS IB base entries at MCF:
Analyst - $3-6k
Associate - $4-7k
Snr Asso -$5-9k
AVP - $7-12k
VP - $10-19k
SVP - $15-25k

Assume generous 9 month bonus (since you like to upsell it so much) and midway of the band
Analyst - $95k p.a.
Asso - $116k p.a.
Snr Asso - $147k p.a.
AVP - $200k p.a.
VP - $305k p.a.
SVP - $420k p.a.

Happy? Not as low as the $3-4k per mth numbers, but also pls don't come claim BB IBD salaries as your own.
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  #536 (permalink)  
Old 23-11-2021, 07:36 PM
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Quote:
Originally Posted by Unregistered View Post
Can you stop being a joke? Just now claim $10k, now get debunked, claim $8k?

Just look at DBS IB base entries at MCF:
Analyst - $3-6k
Associate - $4-7k
Snr Asso -$5-9k
AVP - $7-12k
VP - $10-19k
SVP - $15-25k

Assume generous 9 month bonus (since you like to upsell it so much) and midway of the band
Analyst - $95k p.a.
Asso - $116k p.a.
Snr Asso - $147k p.a.
AVP - $200k p.a.
VP - $305k p.a.
SVP - $420k p.a.

Happy? Not as low as the $3-4k per mth numbers, but also pls don't come claim BB IBD salaries as your own.
Thank you!
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  #537 (permalink)  
Old 23-11-2021, 07:36 PM
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Even international banks like BNP, HSBC and StanChart donít pay 8k. But Iíll oblige ó LinkedIn and salary statement please. MCF says otherwise lmao.
Don't know for BNP/SC but HSBC does though..
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  #538 (permalink)  
Old 23-11-2021, 08:15 PM
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Even international banks like BNP, HSBC and StanChart donít pay 8k. But Iíll oblige ó LinkedIn and salary statement please. MCF says otherwise lmao.
BNP IB pays 8k too!
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  #539 (permalink)  
Old 23-11-2021, 08:36 PM
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BNP IB pays 8k too!
Agree, this tallies with MCF listings.
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  #540 (permalink)  
Old 23-11-2021, 09:07 PM
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HSBC pays 9.2k for IBD.
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