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

#**981** (**permalink**) 22-10-2022, 10:34 AM

Can anyone who work in ocbc tell me how is the staff benefits like? e.g. medical and dental can claim how much? how does the flex plan or flex dollars works and how much entiltled

#**982** (**permalink**) 22-10-2022, 11:11 AM

Quote:

Originally Posted by Unregistered

Currently 2 years in middle office as risk analyst, got offer to move to front office risk analyst for 7k/m, have to forgo promotion and still stuck at analyst role. Worth?

Impt questions are:
what is ur current salary?
what would be ur new salary if u got promoted in ur current role?

That being said, 7k p.m. for just 2 years of exp is very exceptional.

#**983** (**permalink**) 22-10-2022, 06:14 PM

Whats the salary for a DBS graduate assoc (operations) who just finished the 2 year prog?

#**984** (**permalink**) 23-10-2022, 06:51 AM

Quote:

Originally Posted by Unregistered

Impt questions are:
what is ur current salary?
what would be ur new salary if u got promoted in ur current role?

That being said, 7k p.m. for just 2 years of exp is very exceptional.

Currently about 5, if promoted should be 6

#**985** (**permalink**) 23-10-2022, 10:40 AM

Quote:

Originally Posted by Unregistered

Currently about 5, if promoted should be 6

I don't think promotion can get you 20% increment. Anyway either your math is poor or you are considering other factors, it is obvious 7k concrete offer better than 6k estimated promotion offer. Secondly, you get to learn new skills.

#**986** (**permalink**) 23-10-2022, 10:59 AM

Quote:

Originally Posted by Unregistered

Currently about 5, if promoted should be 6

And the new role is offering you 40% bump from your current starting pay? This is pretty exceptional given you're in risk/MO.. regardless then I'm not sure why you are even asking this question as though you are in a deep dilemma because the pay differential is as clear as day.

#**987** (**permalink**) 23-10-2022, 02:56 PM

how does SC and HSBC fair in comparison to local banks like DBS UOB and OCBC?

#**988** (**permalink**) 23-10-2022, 04:01 PM

Quote:

Originally Posted by Unregistered

how does SC and HSBC fair in comparison to local banks like DBS UOB and OCBC?

Fair in terms of?

If you want exposure to different markets, clientele, products, etc -> definitely HSBC and SC are better

#**989** (**permalink**) 23-10-2022, 05:39 PM

I'm an engineer working for about 5 years. If I want to move to banking, what qualities and skills are banks looking out for?

#**990** (**permalink**) 23-10-2022, 05:40 PM

Quote:

Originally Posted by Unregistered

I'm an engineer working for about 5 years. If I want to move to banking, what qualities and skills are banks looking out for?

Depends on what role you are looking to break into? Banking is nothing special from other industries. If ur looking into sales role -> the skills and qualities needed for a salesperson applies. Same for data analytics, project mgmt role, ops role, etc.